A portfolio that supports long-term, solid growth and remains balanced. The focus is on global diversification, strong dividend payers, stable industry leaders and a targeted admixture of future-oriented stocks, including in the crypto sector.

✅ = already available

👀 = on the watchlist, interesting in terms of price soon

❌ = not yet interesting in terms of price at present

ETF selection

• FTSE All World ✅ = Global basis, broadly diversified. $VWRL (+0,2 %)
• 
  MSCI World Tech ✅ = Focus on innovative technology stocks.
• Defense USD 👀 = Stability through defense and security.
• FTSE High Dividend 👀 = Dividend-oriented addition.

Single stock focus

Energy & commodities:

Shell ✅, Chevron 👀, Exxon 👀, Rio Tinto ❌ $SHEL (+0,39 %)
$CVX (+1,12 %)
$XOM (+0,75 %)
$RIO (+0,55 %)

Insurers & reinsurers:

Munich Re ✅, Hannover Re ✅, Swiss Re ❌, Allianz ❌, Swiss Life AG ❌ $ALV (-0,37 %)
$SREN (-3,15 %)
$SLHN (-0,57 %)
$HNR1 (-3,64 %)
$MUV2 (-6,6 %)

Finance & payment transactions:

Brown & Brown ✅, Marsh & McLennan ✅, Visa ✅, Mastercard ❌, PayPal 👀 $PYPL (-0,91 %)
$BRO (+0,61 %)
$MMC (-0,22 %)
$V (+0,72 %)
$MA (+0,46 %)

Technology & data:

Alphabet 👀, NVIDIA ❌ , Palantir ❌,

Amazon 👀, Apple ❌, Microsoft ❌, Baidu 👀 $9888 (-0,94 %)
$AAPL (+1,7 %)
$GOOGL (+2,95 %)
$PLTR (+2,43 %)
$NVDA (+1,11 %)

Health & consumption:

Novo Nordisk 👀, Zoetis 👀, Coca-Cola ❌, Walmart 👀, United Health 👀 $UNH (+1,19 %)
$NOVO B (+3,44 %)
$ZTS (-0,45 %)
$KO (+0,36 %)
$WMT (+1,05 %)

Automotive & Mobility:

BMW ❌, Mercedes 👀, Tesla ❌ $TSLA (+3,21 %)
$BMW (+1,78 %)
$MBG (+2,98 %)

Cryptos

• XRP ✅ $XRP (+1,36 %)
• 
  RENDER ✅ $RENDER (+3,15 %)
• 
  Bitcoin (BTC) ❌ $BTC (-0,45 %)
• 
  Solana (SOL) 👀 $SOL (+1,74 %)
• 
  Ethereum (ETH) ❌ $ETH (+2,64 %)

For the weekend

Strategy remains: Patience, discipline and an eye for opportunities.

📈🌾

$LMND (+6,35 %)

One of the most impressive key figures when you have growth of 80 % (800,000 customers)

while operating costs continue to fall.

This shows very nicely how AI and automation can have an impact on a company/business model that has been built and trained from the ground up with artificial intelligence.

There are hardly any other companies where the number of employees remains almost the same or the number of employees is likely to have decreased between 2022 and 2025, but the company continues to grow strongly.

Employees 2022: approx. 1367

Employees 2025 approx. 1235

(According to my internet research)

$PGR (+0,32 %)
$BRO (+0,61 %)
$ALV (-0,37 %)
$MUV2 (-6,6 %)
$ALL (+0,87 %)
$UNH (+1,19 %)
$HNR1 (-3,64 %)
$BRK.B (+0,3 %)
$ZURN (-1,42 %)
$CS (-0,23 %)

$LMND (+6,35 %)

• Revenue: $164.1M (Est. $161.4M) ✅; UP +46% YoY
• EPS: -$0.60 (Est. -$0.80) ✅
• In-Force Premium: $840M; UP +22% YoY

Customer & Premium Metrics

• Premium per Customer: $394; UP +11% YoY
• Total Customers: 2.1M; UP +10% YoY
• Policies in Force: 2.13M
• Annual Dollar Retention (ADR): 87%

Other Q2 Metrics:

• Gross Profit: $41.3M; UP +91% YoY
• Adj EBITDA: -$30.4M
• Net Loss: $41.6M
• Gross Loss Ratio: 77% (vs. 94% YoY)
• Cash & Investments: $888M
• Net Cash Used in Operating Activities: -$29.8M

CEO comment:

🟡 "We achieved record sales and margin improvements. This is the strongest second quarter in Lemonade's history."

🟡 "We are on track to achieve our target of adjusted EBITDA profitability by mid-2026."

$BRO (+0,61 %)
$BRK.B (+0,3 %)
$BRK.A (+0,21 %)
$PGR (+0,32 %)
$ALV (-0,37 %)
$MUV2 (-6,6 %)
$CS (-0,23 %)
$HNR1 (-3,64 %)
$UNH (+1,19 %)
$ALL (+0,87 %)
$601318
$CB (+1,3 %)
$ZURN (-1,42 %)
$TLX (-3,09 %)
$HSX (+1,3 %)

Hello!

Since yesterday $SHEL (+0,39 %) represents the largest allocation in my entire portfolio.

I took advantage of yesterday's "market situation" and continued to butter up a few other stocks.

Specifically, I have increased my positions in $V (+0,72 %) , $HNR1 (-3,64 %) , $MUV2 (-6,6 %) and $SHEL (+0,39 %) have been increased.

I already invest in Shell on a regular basis anyway.

Do you also have certain stocks that make up a particularly high percentage of your portfolio? And if so, why/why?

$HNR1 (-3,64 %)

Having already added shares in $MUV2 (-6,6 %) in my portfolio last month, the next purchase in the reinsurance sector followed today.

Today the $HNR1 (-3,64 %) found its way into my portfolio today. (In a nutshell, as an insurance broker, I'm simply a huge fan of reinsurers) 😉

In my opinion, it is particularly remarkable that the $HNR1 (-3,64 %) recently overtook $SREN (-3,15 %) and is now the second largest reinsurer in the world directly behind Munich Re.

In my opinion, a decisive advantage here is the high equity ratio of the $HNR1 (-3,64 %) particularly in comparison with Munich Re, this provides the $HNR1 (-3,64 %) additional stability and flexibility in an already challenging market environment.

What do you think about insurance companies and their reinsurers?

Hello everyone!

My parents are in the process of selling my grandparents' house. It will probably fetch around €275,000. My parents will soon both be 60 years old.

They had initially considered buying another property nearby. But they have moved away again. The lack of flexibility and the time and risk involved with tenants put them off.

I also told them more about investing in the stock market. They were very open and interested, even though they said they had an unfounded fear of shares etc.

Now my question to you. What is the best way to invest the money? I think dividends would be very nice as my parents like the passive income like from a property. But it should also be very well diversified across countries and sectors.

I personally have developed 2 solutions. You can give your opinion as to whether you think the solutions are good or, of course, if you have completely different ideas.

1. the ETF solution

15% $XEOD (+0,01 %) Call money ETF. Div. 1.9%

15% $TDIV (+0,17 %) VanEck Divi Leaders. Div 3.5%

10% $TRET (-0,03 %) Global Real Estate. Div. 3.7%

7,5% $VHYL (+0,25 %) Allworld High Div Yi. Div 3.1%

7,5% $PEH (+0,11 %) FTSE RAFI EM. Div 3.9%

5% $EWG2 (+0,19 %) Gold

5% $SEDY (+0,48 %) iShares EM Dividend. Div 8.0%

5% $JEGP (+0,26 %) JPM Global Equity Inc Div 7.1%

5% $EEI (+0,36 %) WisTree Europ Equity Inc Div 6.3%

5% $IHYG (-0,07 %) High Yield Bond. Div 6.1%

5% $EXXW (+0,33 %) AsiaPac Select Div50 Div 5.5%

15% Rest German Divi Shares approx. div 2.5%

=100% with 3.7% dividend.

275k ×3,7% = 10.175€

With full taxation 27.99% = 7327€

On average per month: 610€ dividend

With 2k tax-free allowance: 657€ dividend per month

I find it very well diversified, you have overnight money, you have the USA and Europe well represented, but also 12.5% emerging markets ETF. In terms of sectors, finance will be at the forefront. Followed by real estate and energy. I think that's fine.

2. the equity solution

I have selected 34 strong dividend stocks. In the list they are roughly divided into GICS sectors.

15% $XEOD (+0,01 %) Overnight ETF. Div 1.9%

12% $EQQQ (+0,6 %) Nasdaq100 ETF. Div 0.4%

5% $EWG2 (+0,19 %) Gold

2% $O (+1,05 %) Realty Income 6.0%

2% $VICI (+0,14 %) Vici Properties 5.6%

2% $OHI (-0,61 %) Omega Healthcare 7.2%

2% $PLD (+0,09 %) Prologis 4.1%

2% $ALV (-0,37 %) Allianz 4.35%

2% $HNR1 (-3,64 %) Hannover Re 3.4%

2% $D05 (+0,64 %) DBS Group 5.5%

2% $ARCC (+0,78 %) Ares Capital 9.3

2% $6301 (+2,23 %) Komatsu. 4,2%

2% $1 (+1,04 %) CK Hutchison 4.6%

2% $AENA (-0,19 %) AENA. 4,2%

2% $LOG (+0,73 %) Logista 7.3%

1,5% $AIR (-0,49 %) Airbus 1.8%

1,5% $DHL (+1,83 %) DHL Group 4.8%

1,5% $8001 (+1,95 %) Itochu 2.8%

2% $RIO (+1,46 %) RioTinto plc 6.4%

2% $LIN (+0,57 %) Linde 1.3%

2% $ADN (+2,76 %) Acadian Timber 6.7%

3,5% $BATS (+0,88 %) BAT 7.0%

2% $KO (+0,36 %) Coca Cola 2.9

2% $HEN (-0,35 %) Henkel 3.0%

2% $KVUE (-2,74 %) Kenvue 4.1%

2% $ITX (+1,16 %) Inditex 3.6%

2% $MCD (-0,6 %) McDonalds 2.6%

2% $690D (-2,04 %) Haier Smart Home 5.6

3,5% $IBE (-0,27 %) Iberdrola. 4,1%

1,5% $AWK (+0,48 %) American Water Works 4.4%

1,5% $SHEL (+0,39 %) Shell 4.1%

1,5% $ENB (+0,44 %) Enbridge 6.5%

2% $DTE (-0,95 %) Deutsche Telekom 2.8%

2% $VZ (+0,41 %) Verizon 6.8%

2% $GSK (+1,85 %) GlaxoSmithKline 4.2

2% $AMGN (+0,22 %) Amgen 3.5%

2% $JNJ (+1,35 %) Johnson&Johnson 3.5%

= 100% with 3.5% dividend

275k ×3,5% = 9625€

With full taxation 27.99% = 6930€

On average per month: 577€ dividend

With 2k tax-free allowance: 624€ dividend per month

I also think this solution is cool because you can select the largest companies or strong dividend payers in the individual sectors or countries yourself. And of course you can also select shares with which you have a connection. However, I have focused on shares from the USA, England and Germany because of the withholding tax. Spain is also well represented because of my parents' ties to this country. It's also cool that the NasdaqETF also includes the Microsoft, Amazon, etc. compounders.

What do you think?

Dear Community,

For some time now, I have been struggling with the idea of using (re)insurers such as $MUV2 (-6,6 %) or also $HNR1 (-3,64 %) in my portfolio. But also the $ZURN (-1,42 %) and the $SREN (-3,15 %) have popped up from time to time.

While searching for a suitable ETF, I then came across the Invesco STOXX Europe 600 Optimized Insurance ETF $SC0Y (-1,53 %) came across it.

Here are a few key facts about the ETF:

• Comprises 20 companies, led by
• $ALV (-0,37 %)
  (14,34%),
• $CS (-0,23 %)
  (12,27%),
• $ZURN (-1,42 %)
  (11,59%) and
• $MUV2 (-6,6 %)
  (10,99%)
  (as at: 11.06.2025)
• Includes mainly companies from Germany (28,4%)Switzerland (24,4%)United Kingdom (15%) and France (13%) (as at: 11.06.2025)
• Fund volume: just under 50 million, and rising (as at: 19.06.2025)
• TER: 0.20%
• Management type: passive
• Dividend: Accumulating

I would like to invest just under 15% of my portfolio in this ETF.

Questions:

• How do you generally rate the idea of holding (re)insurers in your portfolio?
• How do you rate the relatively small number of companies in the ETF? Risk assessment?
• What do you think of the ETF? Can you explain why it has a fund volume of "only" 50 million, while, for example, the more than twice as expensive iShares STOXX Europe 600 Insurance UCITS ETF (DE) $EXH5 (-1,29 %) has a fund volume of more than 450 million - even though both ETFs have almost identical growth?

Thank you in advance for your constructive feedback. And remember to drink enough water in this weather! 💧

@Dividenden_Monteur
@BamBamInvest
@DividendenAlpaka
@RenditeRudin

Source:

https://www.invesco.com/de/de/financial-products/etfs/invesco-stoxx-europe-600-optimised-insurance-ucits-etf-acc.html

$LMND (+6,35 %)

History:

$LMND (+6,35 %) is an insurance company that was founded as a public benefit corporation and has its headquarters in New York and its European branch in Amsterdam. Lemonade has been traded as a public company on the New York Stock Exchange since July 2020.

$LMND (+6,35 %) Insurance was founded in 2015 by Daniel Schreiber and Shai Wininger with the goal of revolutionizing the insurance industry through technology. The company started by providing home insurance and relies heavily on artificial intelligence and chatbots for claims processing and customer service.

$LMND (+6,35 %) has experienced rapid expansion, including an IPO in 2020 and expansion into Germany

business model:

Lemonade, Inc. offers renters, homeowners, auto, pet and life insurance.

Current market capitalization 3 billion

The company's full-stack, artificial intelligence-powered insurance carriers in the United States and European Union replace brokers and bureaucracy with bots and machine learning. The company's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, and to collect and utilize data.

Its technology includes Data Advantage,

AI Maya, AI Jim, CX.AI, Forensic Graph, Blender and Cooper.

AI Maya, the onboarding and customer experience bot, uses natural language to assist customers in the onboarding process.

AI Jim, the claims reporting bot, receives the customer's first claim and pays the claimant or rejects the claim without human intervention.

The company offers pet insurance policies that cover diagnoses, procedures, medication, accidents or illnesses. Even the basic pet insurance covers blood tests, urinalysis, laboratory tests and CT scans.

What is the Lemonade $LMND (+6,35 %)
Giveback?

Giveback is at the heart of Lemonade. This core element of the business model enables customers to use their Lemonade insurance policies to support causes that are close to their hearts.

Since 2017, Lemonade has $LMND (+6,35 %) donated over 10 million US dollars to help build new homes, provide clean water, improve education, promote animal rights and much more.

Here's how it works:

When a customer purchases a $LMND (+6,35 %) renters, homeowners, auto or pet insurance, charges a flat fee to cover $LMND (+6,35 %) a flat fee to support and grow the business. A portion of the premiums goes towards claims settlement and the balance goes directly to one of their Giveback Partners - non-profit organizations selected by our customers.

$LMND (+6,35 %) is a non-profit corporation:

$LMND (+6,35 %) is a Public Benefit Corporation and a certified B Corp, which means they are legally committed to making a positive social impact. B Corp certification is awarded to companies that demonstrate that they balance profit and purpose while putting people and the planet at the center.

Every three years, they undergo a comprehensive assessment of their entire organization.

Number of employees: 1 258 (end of 2024)

Profitability:

$LMND (+6,35 %) Approaching a turning point, possibly offering a promising investment opportunity.

Profitability increases with size, as costs do not rise due to additional premiums, as is normally the case with conventional insurance companies.

Management expects EBITDA profitability in 2026 and net profit profitability in 2027.

They see an extremely clear path to profitability:

They also have a clear path to profitability :

- Loss ratio from 92% to 73

- Net profit margin -123% to -20.2%

- Continued increase in sales growth rates

Growth:

Growth is currently still controlled, but the real growth is yet to come, with sales growth rates continuing to rise in the last two quarters.

They have been able to achieve these growth rates without an expansive expansion (both in existing and additional potential states) of automobile insurance, which represents a huge opportunity for $LMND (+6,35 %) represents a huge opportunity.

Car insurance

$LMND (+6,35 %) currently has around 2.3 million customers who use renters, pet and other insurance products. These customers use $LMND (+6,35 %) for one reason: favorable price and convenience.

The share of car insurance is currently still very small and has a lot of room for expansion, so if we were to assume that only 30% of them become car insurance customers with an average annual turnover of USD 1,800, that would be an additional USD 1.24 billion in turnover per year ... just by cross-selling 30% (without any other new customers)

Pet insurance:

The pet insurance market was a $5 billion market in the US last year. It is expected to reach 6 billion dollars in 2025 and 15.7 billion dollars by 2030, growing by 22% annually.

$LMND (+6,35 %) - Total annual premiums recently surpassed the $1 billion mark. So if you were to capture 50% of the pet insurance market, premiums would increase eightfold in just five years (800% assuming the projected growth above)

Trupanion (green line) has a 25% market share today. $LMND (blue line) is around 5%.

However, the search trend will continue to have a positive effect for $LMND (+6,35 %) especially as it is only just beginning to expand further into all states. (This also applies to the other insurance segments)

Opportunities/long-term potential:

I think the future possibilities and opportunities for $LMND (+6,35 %) a supposedly boring industry are enormous.

The insurance market has one of the largest TAMs of all.

The global insurance market was worth around USD 8 trillion in 2024. The USA and China are the largest insurance markets worldwide, with the USA leading the way with a market share of around 45% and China with around 10%.

• Slight international expansion (online)
• Product expansion (additional lines)
• Enormous cross-selling potential
• Decreasing dependence on reinsurance
• Simple and fast premium calculation, conclusion and claims settlement (through AI)
• Already tested/calculated in-house: https://www.lemonade.com
• 10-fold sales opportunity

$ALV (-0,37 %)
$MUV2 (-6,6 %) , $HNR1 (-3,64 %) , $PGR (+0,32 %) , $GEC , $ALL (+0,87 %) , $AIG (+2,22 %) , $UNH (+1,19 %) , $CVS (+1,56 %) , $UQA (+0,08 %) , $G (+0,07 %) , $VIG (-2,46 %)

$MUV2 (-6,6 %) - $SREN (-3,15 %) - $HNR1 (-3,64 %) - $BRO (+0,61 %)

I am currently in my final year of training as an insurance and financial investment specialist, but I work as an independent insurance broker.

In this respect, it is "natural" for me to deal intensively with listed insurance companies.

Today I bought shares in Munich Reinsurance Company (Munich Re) for the first time. $MUV2 (-6,6 %) for the first time.

I also bought Swiss Re $SREN (-3,15 %) and Hannover Re $HNR1 (-3,64 %) on my watch list.

A functioning primary insurance market would be inconceivable without reinsurance.

I am also keeping an eye on the Allianz share $ALV (-0,37 %) - I would see a price level below € 300 as an interesting entry opportunity.

Brown & Brown, $BRO (+0,61 %) a company also active in the insurance business, is potentially attractive for me from a price below USD 88-90.

What are your opinions on insurance in your portfolio and/or in everyday life, apart from the typical weird sales representatives who only want to sell insurance etc.?