Hi everyone,

I'd like to hear your thoughts. This is about my investment portfolio.

$VWRL (-0,19 %) : approx. €273,000 (+45%)

$TDIV (-0,55 %) : approx. €117,000 (+20%)

$ALV (-0,02 %) : approx. €29,000 (+65%)

$BTC (-2,08 %) approx. 42k (+10%)

The situation: Over the next one to two years, I’d like to buy a property abroad for €300,000 to €350,000

using only my own funds. This means I’ll have to withdraw a large portion of my portfolio.

My dilemma: If I sell now, I might miss out on further price gains. If I stay invested and there’s a major market correction, the purchase could fall through in the worst-case scenario. I’ll have to pay taxes either way, so it’s really a question of timing.

I’m currently weighing these options:

1. Sell everything I need for the purchase now and park the funds in a money market account or money market ETF

2. Secure only a core holding ($ALV and $TDIV) and let the $VWRL run

3. Sell in stages, for example in three tranches by summer 2027

4. Stay invested with a fixed rule: sell at −15% or as soon as a specific property becomes available

5. Hedge using puts

Of course, I’d love to have the best of both worlds: a secure purchase without giving up too much return. I realize that doesn’t exist. I’m looking for the best compromise.

My questions for you:

• Who has faced the same decision, and how did you handle it?

• Would you do it the same way again today?

• Is there an option I’m overlooking?

Thank you all!

Dear Community,

I’d like to present my portfolio once again.

The core of my portfolio is the $VWRL (-0,19 %) which I contribute to monthly.

I also hold a few dividend-paying stocks such as $ALV (-0,02 %)
$MCD (-0,19 %)
$BMY (+1,04 %) and $TTE (+0,45 %) these stocks are my “dividend stocks”—to be honest, I don’t expect much in the way of returns from them, but they might still surprise me. As for $BMY (+1,04 %) I’m not quite sure yet whether I should hold onto this stock or focus more on growth in the healthcare sector— $SYK (-1,09 %) For example, looks interesting right now—it might even be my new employer in the future 😜.

Then I also have a bit of growth with dividends, though that’s not my main focus $TSM (-1,57 %)
$AVGO (+0,1 %)
$SU (-1,26 %) and $8001 (-1,08 %) Itochu is sort of a middle ground.

Last but not least, of course, $BTC (-2,08 %) to cover crypto.

Once I’ve adjusted the positions under $MCD (-0,19 %) the top holdings—with a target of about 5,000€ per stock for now and BTC at 3,000€—I plan to add new holdings in the form of $VST (+4,34 %)
$XYL (-1,9 %) and maybe again $RKLB (-3,75 %) , though other holdings are of course possible until then.

Thanks for your support, opinions, suggestions for improvement, etc.

Best regards and have a great start to the weekend,

Florian

Hi everyone,

I often read posts here where people ask for feedback, but the story behind them is missing. That’s why today I’d like to share my own portfolio—and my story—in a completely transparent way.

A little about me:

I’m 31 years old and have been active on GQ for quite some time. My current net worth of just under 1.28 million euros is the result of my own hard work. Even as a child, I would occasionally try out potentially profitable business ideas on the side to earn some money—and six years ago, I took the plunge into self-employment.

I now have two companies in different industries. It became clear to me quite early on that I needed a high, recurring active income if I wanted to build up a certain level of wealth, so I left my full-time job fairly early on.

For the next 12 months, I’m planning on a monthly income of approximately 30,000 euros. In addition, I naturally have recurring income, which can fluctuate up or down over the long term.

My goal is to continue growing this wealth prudently so that I can eventually live entirely off the dividends. Currently, for tax reasons, I hold portions of two stocks ($MSFT (+0,65 %) and $NOVO B (+2,39 %) ) are held as individual positions in my holding account, and the rest is held in my personal account.

My Strategy and the Core of the Portfolio

I follow a classic core-satellite approach. The core—which I intend to use later as a kind of pension substitute—consists of two ETFs: the $HMWO (+0,03 %) and the $QQQ. (+0,34 %) I’m aware that these two holdings overlap; I continue to contribute to both monthly via a savings plan.

The individual stocks and my problem children

When it comes to individual stocks, I look for a combination of long-term trends and reliable cash flow. On the one hand, I deliberately overweight tech stocks and future classics such as $MSFT (+0,65 %) , $GOOGL (+1,21 %) , $NVDA (-0,25 %) , $META (-1,85 %) , $AMZN (+1,82 %) and $AAPL (+1,45 %) , because I am firmly convinced that these industries will continue to perform well in the coming years.

For my dividend strategy and the necessary cash flow, I’ve invested in quality stocks such as $ALV (-0,02 %) , $MUV2, $NOVO B (+2,39 %) and $UNH (+0,57 %) in my portfolio. This is complemented by classic dividend-paying stocks such as $BATS (+1,6 %) , $SIE (-2,19 %) , $ARCC (-0,48 %) and $O (-1,04 %).

But let’s be honest: values like $MPW (-1,67 %)
$PYPL (+1,07 %) , $BAYN (-0,78 %) or gambling $LILM aren’t performing at all as once hoped.

In the crypto sector, $BTC (-2,08 %) as the largest holding, along with a small amount of $SOL (-3,43 %) and $XRP (-4,63 %) the whole thing—in the future, I’ll consolidate everything into the position $BTC (-2,08 %) and add a little $4GLD (-0,76 %) to it.

What’s Next

At the end of this month, I’m expecting a large incoming payment of around 50,000 euros. I’d like to split the amount and invest it both in the $HMWO (+0,03 %) as well as specifically into my dividend stocks to further strengthen the foundation.

The goal is to reach a portfolio value of 1.5 million by the end of the year.

Feel free to share your thoughts—I look forward to the discussion :-)

Here's the hot stuff from Allianz SE $ALV (-0,02 %)
(ETR: ALV) H1 2026 Earnings Release:

🚀 Record-Breaking Operational Run & Asset Management Boost

Allianz SE $ALV pulled out all the stops in the second quarter and first half of 2026, underscoring its role as a European financial powerhouse. Operating profit remains the key growth driver across all core divisions:

Operating Profit: In Q2 2026, operating profit climbed by +10.6% to 4.9 billion EUR (H1 2026: 9.4 billion EUR, +8.6% YoY).

Total business volume: Business volume rose in Q2 to 45.6 billion EUR (+5.7% on an organic basis) or just under 98.6 billion EUR for the first half of the year as a whole.

Asset Management (PIMCO & AGI): The division delivered robust record net inflows from third parties and posted record operating results thanks to strong demand for bond and multi-asset strategies.

🔮 Margin shines & EPS surge

While Property & Casualty (P&C) remains disciplined despite natural disasters, the operating leverage is having a full impact on earnings per share:

Property and Casualty Insurance (P&C): The combined ratio improved to a rock-solid 91.4% (target range: 92–93%)—the lower the ratio, the more profitable the business.

Adjusted Net Income & EPS: Adjusted net income rose by +15.5% to 6.4 billion EUR. Adjusted earnings per share (EPS) soared by as much as +17.5% to 16.44 EUR .

🤖 Full-Year Forecast Solidified & Buyback Boost

Forecast confirmed: Management remains confident and continues to target an annual operating profit of 17.4 billion EUR (± 1.0 billion EUR) for the full year 2026.

Share Buyback & Balance Sheet Strength: With a Solvency II capital ratio of a rock-solid 225% (up from 218% in the previous year), Allianz is building substantial capital reserves. From the 2.5-billion-EUR share buyback program , 1.4 billion EUR had already been executed in the first half of the year.

⚡ 💡 Jack’s takeaway

No nonsense, no empty promises—Allianz delivers with cold, hard facts! While other insurers whine about natural disasters, Allianz is driving its combined ratio down to 91.4%, having PIMCO generate fresh client capital, and pumping massive shareholder value into investors’ portfolios through share buybacks. An adjusted EPS jump of +17.5% in the first half of the year, coupled with a solvency ratio of 225%, is no coincidence—it’s sheer execution power. That’s quality cash flow in its purest form for dividend hunters!

While many are trying their luck—or failing—with SpaceX and tech stocks, a “boring” stock is quietly and steadily climbing higher and higher: $ALV (-0,02 %)

It’s already up over 12.5% since the start of the year and a whopping 23.6% over the past year, plus a substantial dividend of EUR 17.10—and likely around EUR 20 per share next year.

“Buy and hold” may be boring. But when you’ve seen an 115% increase in share price and your personal dividend yield has reached 10%, patience is certainly rewarded.

Do you have any suggestions for improvement?

ETF$MWRD (+0 %) , Microsoft$MSFT (+0,65 %) , LVMH$MC (+1,15 %) , Allianz$ALV (-0,02 %) are included in my savings plan

It’s not going quite as planned yet.

I’m curious to see how it goes ;)