Hey,

I already mentioned it in my last recap, and now it’s actually here. Gingerbread is back! For me, that means listening to Christmas carols every Friday starting in September. It definitely helps me finally get into the Christmas spirit again—something I somehow never really felt until two years ago. Let’s take a look at the performance.

📈 Performance:

S&P 500: +2.29%

MSCI World: +1.97%

DAX: +2.45%

Dividend portfolio: -0.03%

My top and bottom performers in August were (Top 3/Bottom 3):

🟢 ($TSCO (+0,88 %) ) Tractor Supply +13.69%

🟢 ($MSFT (+0,31 %) ) Microsoft +10.51%

🟢 ($HTGC (-1,32 %) ) Hercules Capital +9.21%

🔴 ($UNH (+1,9 %) ) UnitedHealth -7.83%

🔴 ($BATS (+1,81 %) ) British American Tobacco -8.92%

🔴 ($IMB (-0,7 %) ) Imperial Brands -11.93%

Dividends:

August 2026: €155.87

August 2025: €157.09

Change: -0.78%

$STAG (+0,6 %) STAG Industrial now pays dividends only quarterly, no longer monthly; additionally, the dividend from Petroleo Brasileiro came in slightly lower.

Sales:

🟥 None

Purchases:

🟩 ($EOAN (+0,37 %) ) E.ON (€495)

Investment Plans:

($CTAS (+1,42 %) ) Cintas (€50)

($MSFT (+0,31 %) ) Microsoft (€25)

What else has been going on?

The heating is finally working again. The bills are with the solar panel company, but they haven’t made a move yet—I’m not sure if they’ll just deduct it or process it through insurance. So the bill is still outstanding. But that’s no big deal. As long as they cover it in the end (which they’ve promised to do several times already).

Other than that, not much has happened. I made a purchase for the first time in a while. There’s also an open order waiting for Telekom. Other than that, I’m still keeping an eye on things. Of course, I still need to keep building up my nest egg, but now that all the bills are paid, there’s a little more money left over to invest. At least, that’s what I hope.

🥅 Goals for 2026:

I’m aiming to reach €85,000 in my dividend portfolio this year. I’m currently at around €81,535. I expect to receive approximately €641 in net dividends this year (according to getquin). This means the goal is still within reach.

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...another month has come and gone, and nothing has really changed—except that the milestone isn’t a stock market event, but rather my passing the DATEV certification exam (law firm accounting/financial accounting) 🥳

"But investing in yourself often pays off much more than just stubbornly clinging to the past."

Otherwise, there wasn’t much spectacular going on, except for more gradual growth...

...so things continue to look good month-over-month and are also steadily on track for the year...

...the same trend can be seen in the overall view...

...so even though this isn’t a high-flyer portfolio, I’m still looking to the future with confidence, despite all the ups and downs.

And of the last 10% to reach the halfway point, another solid 1.5% has now been achieved (maybe there’s still room for more @Solitair )

》DIVIDENDS《

Unfortunately, this month’s net total was only €91.53 (-13.77% YOY), but this is due to the fact that one stock won’t pay out until next month and another is paying out less.

Looking at the year as a whole, the YOC stands at 6.78%, which is still close to the 7% target, despite investments in growth stocks.

》TOP 3《

$AII (-9,02 %) +53.08% (+61.44%)

$DTE (-0,88 %) +5.70% (+3.76%)

$YYYY (-0,31 %) +5.82% (+1.01%)

》FLOP 3《

$BATS (+1,81 %) -8.92% (+98.49%)

$3750 (-1,66 %) -4.83% (+117.94%)

$HSBA (-0,49 %) -4.60% (+84.70%)

》NEW POSITIONS《

44.14 x $WINC (+0,2 %)

65 x x $FTWG (-0,22 %)

》DISPOSALS《

------

》CONCLUSION《

Everything remains the same, and personal education and professional development continue to be key to success...

With that in mind, here’s to continued success for all of us here in the community 💪🏻

$BATS (+1,81 %)

I bought in at €27.xx and am very happy with my defensive cash flow machine;

I’d like to add another tranche—when would you consider doing so?

Right now, I see a target of €45–46

I’m up 75%

including dividends, 120%

YOC is 10.1% 🤘🤣

The additional tranche would amount to about one-third of my current investment.

Thanks for your opinion

I have $BATS (+1,81 %) and $PG (+1,41 %) sold them. I’d had both in my portfolio for several years. Bat doubled in value during that time, but I don’t see it continuing that way, and they’ve also dropped quite a bit since I sold at 55 euros. Procter & Gamble has more or less been treading water, and I got out at 126 with a small loss. I just can’t see them acquiring, say, something like $LDGL (-0,23 %) or $TDIV (+0,02 %) .

The proceeds went into that as well.

$BATS (+1,81 %)