The year is drawing to a close. That's why I'm looking at my portfolio again today as a kind of year-end wrap-up. On Monday, another €1000 will be invested in the Community Depot. Nothing else is actually planned.

The reorganization in the main portfolio is largely complete and I am not yet 100% satisfied with the position sizes. Some fine-tuning is still required. In the case of dips, I will probably add to one or two positions.

Still under construction are $FMC (+3,73 %)
$SOLB (-0,73 %) and $SHEL (-0,74 %)

$MAIN (+0,27 %)
$O (+1,22 %) dividends will continue to be reinvested.

$DTE (-0,92 %) will also be kept and increased again at some point. $KO (-0,4 %) It's an on-off position for me, I'm actually Team Pepsi, but every time I think the price is right, I buy again.

Everything is going according to plan in the savings plan portfolio. I'm currently putting around €600 per month into it. That's income from my part-time farm. There's enough money in the account in case something breaks down and all the machines are fairly new anyway. A maximum of 10 years old. In other words, they should normally last for the next 20 years. Ok, I still have my old Case 644 from 1968, but it's broken less over the year than the 3-year-old Steyr 😀

Cash reserve for subsequent purchases is about 190k, which is currently at 3.5% interest at the Volksbank.

My company's year-end bonus is probably around 30k, which will go into an ETF in January I'm still thinking about whether Nasdaq, World or dividends.

So and now a few happy holidays to all

Portfolio feedback requested

I (early 50s, so still a good 15 years to work on the portfolio) would like to hear your opinion. I've been with Trade Republic since January, mainly because of the 4%. But then I started saving a few ETFs, then buying and selling a few shares. So I played around. At the moment my portfolio has three or rather four different parts. Let's put it this way, the family treasury has given me around €10k to play with. The rest remains in call money.

Of this 10K I would like to have a part to play, individual stocks, §IWDA, other ETFs that are close to me because of my work, XRP.

But that's not my topic here.

I want to build a dividend portfolio. Reduce working hours or improve pension, we'll see where the journey takes me. For now, I would reinvest all payouts.

The composition from December would look like this:

$MCD (-0,31 %) 15%

$EXSH (-0,34 %) 9%

$MAIN (+0,27 %) 9%

$ARCC (+0,78 %) 9%

$HTGC (+0,38 %) 9%

$O (+1,22 %) 9%

$CSWC (+0,32 %) 5%

$PFE (+1,49 %) 5%

$KAP (-2,04 %) 5%

$JEGP (-0,04 %) 5%

$TGT (-0,34 %) 3,5%

$GAIN (-1,01 %) 5%

$QYLE (-1,41 %) 5%

$VHYL (+0,11 %) 1%

What do you think about the composition? Should something go in/out?

My aim would be to distribute the monthly distributions evenly. I'll have to play around with the ratios a bit.

My problem is that the months of January, February, April and May look too poor. What would you suggest that pays out in these months?

Roast me!

I have also made another small purchase and have finally filled the 25 shares.

My goal for next year is to get the 50 shares full :D

Every now and then you can add to it ...

Hola!

A question for all Austrian residents: REITs are taxed as non-reporting funds, which is why stocks like $O (+1,22 %) are not worthwhile.

But what about $MAIN (+0,27 %) what is the situation? I always put it in the REIT corner without doing any further research until I recently found out that it isn't a REIT at all.

Is it $MAIN (+0,27 %) also treated as a non-reporting fund? I've just googled it, but somehow I can't find a satisfactory answer.

Thanks for your answers! :)

Hey @all

Would you rather sell volatile stocks in the current high phase to take the profit and buy later?

Specifically, for me $ARCC (+0,78 %) (+12%), $MAIN (+0,27 %) (+25%), $O (+1,22 %) (+15%) are candidates that I am considering. None of them will hold these values, as they are much more volatile.

Or what do you think?

In fact, in the event of a decline, I would either put the profit back in with the proceeds or just the proceeds and the profit into an MSCI World.

Any ideas?

Reinvested via a savings plan. I don't think I'll get to 100 this year. The current valuation is simply too high.

Main Street Capit$MAIN (+0,27 %)
is an interesting monthly dividend payer and I have been invested since June 2023. I currently hold 61.5 shares at an entry price of €38.10 per share. The monthly dividend payments were a decisive factor for me, as they provide a regular cash flow and make the investment particularly attractive for passive income strategies.

I was convinced by Main Street Capital's business model, as it focuses on financing small and medium-sized companies in the USA. I particularly like the fact that the company provides both debt and equity capital to support companies with limited access to traditional bank loans. Main Street Capital thus has access to a broad base of companies and manages to generate consistent income, which forms the basis for regular dividend payments.

Of course, there are also risks, which I am not ignoring. The dependence on the economic situation and the creditworthiness of the financed companies can lead to payment defaults in difficult economic times, which could have a negative impact on the dividend amount. Added to this is the dependence on interest rates, as higher interest rates could impact the financing costs for Main Street Capital and its portfolio companies.

Despite these risks, I rate the investment as promising. The regular monthly cash flow is a clear advantage and I am curious to see how Main Street Capital will develop in the long term.