After a long time of active trading and many reallocations, I would like to share my current portfolio transparently with you and deliberately collect feedback / discussions from the community :) (so ready for a qualified roast)

I originally come from the "active" corner with many certificates, warrants and tactical trades - some very successful, some with total losses. Over time, I've realized that although you can land some strong individual hits, the long-term capital allocation and structure of the portfolio is ultimately decisive.

I am therefore currently trying to realign my portfolio:

On the one hand, to continue to take advantage of opportunities for above-average returns, but on the other hand to finally build up a stable ETF/fund base.

My basic assumptions about the market at the moment:

• Many large tech stocks still look ambitiously valued or overheated to me
• In the medium term, I expect rotation rather than a linear "everything continues to rise" trend

That's why my portfolio currently looks a little unusual:

• large positions as a basis in AI & biotech funds, which currently have paused savings plans (due to overheating) ($KJGJC0 (-1,29 %) & $DWWD (-0,85 %) )
• plus turnaround bets such as Nike or Pernod Ricard (many repeat purchases, now a bit of a stomach ache) ($NKE (-1,74 %) / $RI (-0,42 %) )
• Macro/future themes such as copper, rare earths or quantum computing (under construction) ($ARU (-2,17 %) , $COPA (-4,78 %) , $QNTM (-0,9 %) , $WSML (-0,79 %) )
• and occasionally leveraged products and software stocks ($MSFT (+0,28 %) , $SAP (-1,73 %) , $NOW (-0,11 %) , $MC (-1,3 %) ,...)

My goal now is to build up the whole thing in a cleaner and more structured way and finally set my sights on the 100k.

I have about €2,000 per month available to invest and would like to use it to

• build up a strong ETF/fund base
• but at the same time consciously make individual high-conviction bets
• and significantly scale my portfolio in the long term

What suggestions / recommendations do you have for me with regard to further ETFs or individual positions?

I am also happy to receive critical feedback or counterarguments to my theses. That's exactly why I'm sharing the portfolio here 🙂

As many companies in the consumer staples sector are currently rising well again, I wonder whether this is already a sustainable recovery or whether it will go down again.

What do you think?

Among other things $RI (-0,42 %)
$PG (+0,26 %)
$MDLZ (-0,13 %)
$HSY (+1,63 %)
$LOTB (+2,16 %)

As I see more and more displeasure about companies like $NOVO B (-0,61 %) , $PYPL (+1,82 %) or the entire software industry, I would like to remind you of the following:

- $INTC (-5,28 %) was treated similarly to PayPal for a very long time. Every time they presented figures, they went down a level. Whenever you thought it couldn't go any lower, it went downhill again. People here grumbled, laughed and losses were regularly realized.

- $BATS (+0,5 %) and the entire tobacco industry was also demonized and declared dead. Similar to the alcohol industry at the moment. $RI (-0,42 %) & Co. were massively punished. I see certain parallels.

- $GOOGL (+0,5 %) has always felt like the favorite stock in the community here. Every vote was won. It was always said to be a company for eternity. Suddenly ChatGPT and AI in general came around the corner. Then Alphabet was said to be dead. The share price went downhill, Youtubers warned and also sold off. Here, too, the picture became increasingly bleak and opinions more negative.

What can we say, suddenly things are back on track and Alphabet is popular again.

Conclusion:

Don't be a sheep and don't always run after every herd.

My experience tells me that good companies adapt and move with the times. I don't want to take up the cudgels for the companies mentioned above. Of course, things can always turn out differently and examples can be found for every scenario.

But only buy or sell out of your own conviction and not because everyone around you is doing it.

Above all, be patient. This also applies to both buying and selling. Don't get caught up in panic or fomo.

This behavior cost me a lot of money in the early days and I would like to protect others from this.

Novo Nordisk 3.0% $NOVO B (-0,61 %) NVO

LVMH 2.0% $LVMH

Pernod Ricard 6.35% $RI (-0,42 %)

Imperial Brands 5.5% $IMB (+2,69 %)

BAT 6.2% $BATS (+0,5 %)

Sunrise Communications 8.00%

Nestle 4.05% $NESN (-0,51 %)

Roche 2.85% $ROG (-0,91 %)

Novartis 3.07% $NOVN (+0,2 %)

Shell 4.07% $SHEL (+0,55 %)

German Post 3.86% $DHL (+1,1 %)

Swisscom 3.75% $SCMN (+0,92 %)

German Telekom 3.52% $DTE (+0,18 %)

Strabag 2.72% $STR (+2,8 %)

Vonovia 4.82% $VNA (-2,79 %)

BASF 5.01% $BAS (+1,43 %)

Puma 2.8% $PUMA

Hannover Re 3.62% $HNR1 (+1,3 %)

Munich Re 3.8% $MUV2 (+0,31 %)

Allianz 4.00% $ALV (+0,65 %)

BP 5.76% $BP. (+1,35 %)

Spotify

https://open.spotify.com/episode/1zt05UZlehInr81iaZMdY5?si=e676f0a812014943

YouTube

https://youtu.be/BpCIIJYfxHA

Appple Podcast

https://podcasts.apple.com/de/podcast/125-20-europ%C3%A4ische-dividenden-aktien/id1695869891?i=1000744769342

-72% The Trade Desk $TTD (+0,42 %)

-72% Fiserv $FI (+0,89 %)

-65% Dogecoin $DOGE (-0,74 %)

-65% Cardano

-61% Gerresheimer

-60% Enphase Energy $ENPH (+0,19 %)

-59% CarMax $KMX (-0,06 %)

-57% Strategy $MSTR (-3,18 %)

-56% Deckers Outdoor

-56% Alexandria Real Estate

-50% Redcare Pharmacy

-50% PUMA $PUM (-2,56 %)

-50% lululemon

-49% Dow

-49% Novo Nordisk $NOVO B (-0,61 %)

-48% MARA $MARA (-3,33 %)

-48% Molina Healthcare

-47% FactSet

-47% Charter Communications

-47% HelloFresh

-45% Wolters Kluwer

-43% Solana $SOL (-0,52 %)

-43% Cocoa

-42% UnitedHealth $UNH (-1,12 %)

-41% Atlassian

-41% Li Auto

-40% Copart

-40% Meituan

-38% PayPal

-38% Chipotle Mexican Grill

-36% TeamViewer

-35% GameStop $GME (+2,21 %)

-35% Orsted $ORSTED (-0,69 %)

-33% Pernod Ricard $RI (-0,42 %)

-33% Evotec

-33% Symrise

-31% Marvell Technology $MRVL (-3,1 %)

-30% Comcast

-30% Natural Gas

-30% Kraft Heinz $KHC (-0,85 %)

-30% Adobe $ADBE (-3,43 %)

-29% Salesforce $CRM (-0,1 %)

-28% Nike $NKE (-1,74 %)

-28% Adidas $ADS (-2,82 %)

-27% Sugar

-27% XRP $XRP (-0,61 %)

-26% Stellantis $STLAM (-0,11 %)

-25% JD .com

-24% Procter & Gamble $PG (+0,26 %)

-23% Arm $ARM (-3,95 %)

-22% Ferrari $RACE (+1,76 %)

-22% Porsche AG $P911 (-0,19 %)

-21% Zalando $ZAL (-2,79 %)

-21% NEL ASA $NEL (-0,97 %)

-21% Ethereum $ETH (-0,34 %)

-18% Bitcoin $BTC (-0,26 %)

-16% Brent Oil

-16% Delivery Hero

-13% Vonovia $VNA (-2,79 %)

-12% Coinbase $COIN (-1,56 %)

-11% SAP $SAP (-1,73 %)

-7% Amazon $ (-0,07 %)AMZN (-0,07 %)

$RI (-0,42 %)
$DGE (+0,46 %)
$CARL B (+0,04 %)
$HEIA (-0,62 %)
$ASBHY
$ABI (-0,01 %)

Hey guys, I've had a look at the current situation surrounding alcohol stocks and would like your opinion on it.

The current valuation of alcohol stocks reminds me a lot of the tobacco industry a few years ago. Back then, many stocks were trading at all-time lows. Anyone who invested back then was even ridiculed.

Today, I see a similar pattern with alcohol stocks: changes in consumption, regulatory pressure, etc . The question is: is this a comparable opportunity to the one we experienced in the tobacco industry, or are the structural differences too serious this time?

It is worrying to see how American consumer staples stocks and other higher-quality dividend stocks are being driven into the ground. Shows me that things are in trouble over there. Tech and Ki are mainly holding the flag up. I miss the rotation of the market into the above markets. Hope that starts slowly.

An outright correction would pull these already battered stocks down another 10-15%.

$PG (+0,26 %)
$CLX (-0,45 %)
$KHC (-0,85 %)
$GIS (-2,67 %)
$CL (+0,38 %)
$KMB (-0,05 %)
$PEP (+0,04 %)
$SBUX (-0,62 %)
$DGE (+0,46 %)
$RI (-0,42 %) and many more

In the custody account 17x 90.658€

Over the past few days, I have made several share purchases. I have taken the opportunity to diversify my portfolio and selectively add stocks that I consider to be promising in the long term. My focus was on a balanced mix of stable companies and opportunities with growth potential. This allowed me to consistently pursue my investment strategy and further strengthen the basis for the future development of my portfolio.

Energiekontor $EKT (-2,22 %) (subsequent purchase)

Novo Nordsik $NOVO B (-0,61 %) (subsequent purchase)

LVMH $MC (-1,3 %) (subsequent purchase)

Pernod Ricard $RI (-0,42 %) (subsequent purchase)

Frosta AG $NLM (+0,49 %) (first position)

Adobe $ADBE (-3,43 %) (Subsequent purchase)

Nestle $NESN (-0,51 %) (Subsequent purchase)

Occidental Petrolium $OXY (-0,17 %) (first position)

Sixt Vz $SIX2 (+0,29 %) (Subsequent purchase)

Realty Income $O (-0,58 %) (Subsequent purchase)

Ping An Insurance (Subsequent purchase)

Volkswagen $VOW3 (-0,17 %) (Subsequent purchase)

The Trade Desk $TTD (+0,42 %) (subsequent purchase)

Daikin $6367 (-1,48 %) (subsequent purchase)

Danaher $DHR (-1,76 %) (subsequent purchase)

Have a great rest of the week!

Let's see what the next few days bring🧐