Microsoft

On into December. November was extremely (good), mainly driven by Palantir.

An update on the portfolio. My 'Dull Seven' - a nice boring 7 positions (2 ETFs and 5 individual stocks).

Long-term investment strategy with an investment horizon of another 15-18 years. From then on it would slowly move towards retirement. I have been invested since 02/2023.

The ETFs as my main investment with currently just under 37% (depressed by Palantir) and the goal of reaching 50-60% at some point.

• $VWRL (-0,11 %) FTSE All-World to keep US below 60% in the long term. (savings plan)
• $VUSA (-0,28 %) S&P 500 extra to take advantage of slightly higher returns compared to the All-World. (savings plan)

Plus a handful of individual stocks:

• $MSFT (-0,28 %) for long-term blue chip growth with a small dividend. (savings plan)
• $8001 (+2,88 %) long-term strong growth and a decent dividend. (savings plan)
• $ALV (+0,51 %) as a long-term runner with a decent yield and very good dividend. (savings plan)
• $BA. (+0,33 %) back in since September. (savings plan)
• $PLTR (+4,77 %) as a long-term tech bet with +190% so far/since November '23. Additional purchases when opportunities arise.

Depotupdate November - A successful month with a clear focus

November was a strong month, both in terms of returns and strategic realignment. The current portfolio value is 48.745,46 €with a solid monthly return of 6,86 %which corresponds to a price gain of 3.131,04 € . It is a further step towards a long-term and growth-oriented portfolio.

Activities in November: purchases and sales

Purchases:

S&P 500 $VUSA (-0,28 %)
via savings plan

The regular savings plan with 930 € in the S&P 500 was executed as usual. This basis offers stability and long-term diversification in the portfolio.

Bitcoin $BTC (-0,32 %)
The individual purchases with a value of 2.361,92 € reflect the conviction that Bitcoin will continue to gain in importance as an asset class in the long term. With a current weighting of 5,47 % it remains a tactical addition.

Sales:

Altria Group $MO (-0,5 %)
The position was sold with a plus of just under 30 % which corresponds to a volume of 1.340 € corresponds to a volume of €1,340. The tobacco giant no longer fits in with the growth strategy, which focuses on innovative and future-oriented companies.

LVMH $MC (+0,53 %)
This position was also sold, with a total value of 800 € and a loss of 280,74 €. Despite the quality of the company, the focus is now more on growth-oriented stocks, which is why LVMH no longer fits the strategy.

Portfolio structure and weighting

Security type weighting:

• 49.47 % ETFs - A stable anchor, particularly through the S&P 500.
• 45.05 % equities - The focus remains on individual stocks with potential for growth.
• 5.47 % Bitcoin - A small but increasingly relevant addition.

Top 5 sectors:

IT (25.19 %) - Driver in the portfolio, led by NVIDIA $NVDA (-0,22 %) and Apple $AAPL (+0,48 %)
Financial services (23.89 %) - Reliable returns with Allianz $ALV (+0,51 %) and BlackRock $BLK (+1,48 %)
Defensive consumer goods (16.05%) - Stability through P&G $PG (-1,39 %) and Walmart $WMT (+0,31 %)
Cyclical consumer goods (7 %) - Moderate exposure with potential.

Industrial goods (6.32%) - A diversifying addition.

Country allocation:

• USA (80 %): The dominant market in the portfolio.
• Germany (6.6%): Local stocks such as Allianz and Siemens.
• Other countries (5.54%): Global diversification.
• UK (1.08 %) and France (0.90 %): Smaller positions.

Deep Dive: The top 5 positions

NVIDIA (7.72 %):

Leader in AI development and graphics processors. NVIDIA remains the largest position and a key stock in the portfolio.

Allianz (6.16%):

A defensive anchor with stable dividends and strong market position in the insurance and wealth sector.

Apple (6.03%):

With a focus on services, wearables and technological innovation, Apple remains an essential holding.

Microsoft $MSFT (-0,28 %)
(5,65 %):

Leader in cloud services and AI solutions. Microsoft remains a long-term favorite.

BlackRock (5.63%):

The world's largest asset manager benefits from rising capital inflows and remains a mainstay.

Top movers in November

Winner:

• Walmart (+15.55%): Convincing quarterly figures and strategic e-commerce expansion.
• Costco $COST (-0,23 %)
  (+14,14 %): Solid performer thanks to strong member retention.
• P&G (+10.89 %): Resilience to crisis pays off.
• S&P 500 ETF (+8.38 %): Benefits from the general market upswing.
• Waste Management $WM (-0,63 %)
  (+8,27 %): Stable income from a defensive business model.

Loser:

• Hercules Capital (-2.38%): The BDC specialist had a weak month. A strategic review of this position is imminent.

Conclusion and outlook

November was a very successful monthboth in terms of returns and the strategic realignment.

Key decisions:

• The focus remains on long-term growth through technology and quality stocks.
• The sales of Altria and LVMH show that the portfolio is being consistently adapted to the strategy.
• Hercules Capital is under review and could soon be removed from the portfolio as it no longer fits the growth strategy.

Long-term perspective:

With the savings plan and targeted individual purchases, the portfolio is running on "autopilot". The combination of patience, strategic adjustment and a clear focus on growth stocks strengthens the foundation for a successful future.

The portfolio remains on course - an exciting month with a clear direction!

Hope you all had a good start into your weekend :)

$BTC (-0,32 %) will probably make us wait a little longer to reach the 100,000USD mark.

I haven't sold yet either, but will do so at the next opportunity. As I mentioned in one of my last posts, I expect a correction of around 30% in January.

Otherwise, my week on the stock market was rather quiet. The only action I took was $MSFT (-0,28 %) to sell with a plus of about 15%. I think that the share still has great potential, but I wanted to liquidate one of my tech positions.

My guess is that in the coming week (02.12-06.12) we will all be back in the black in our portfolios.

How was your week on the stock market?

Lg and a sunny weekend to you all.

The US Federal Trade Commission (FTC) has opened an antitrust investigation against Microsoft
$MSFT (-0,28 %) against Microsoft.

The focus is on areas such as cloud-computing, software licenses, cyber security solutions and AI productsreports Bloomberg.

Partial sale of my Microsoft position to use my allowance.

Nvidia
$NVDA (-0,22 %) and Microsoft
$MSFT (-0,28 %) today announced new product integrations designed to "support the comprehensive development of NVIDIA AI on Microsoft platforms and in their applications".

Don't sell all your $BTC (-0,32 %)

As I am seeing more and more posts in which some people are selling their entire Bitcoin position, I would like to comment on this.

In principle, it makes sense to realize profits - there is nothing wrong with that. However, history has shown that December has often been extremely bullish in halving years. In addition, we currently have a pro-Bitcoin president (not another political discussion, please) who is in the process of putting together an administration of pro-Bitcoiners.

The possible decision by $MSFT (-0,28 %) to invest in Bitcoin is still up in the air and other companies could follow. In view of the numerous bullish events currently taking place, it seems unwise to me to sell the entire position.

Instead, sell your entry and let the profit run!

$NOKIA (+0,62 %) announces cooperation with $MSFT (-0,28 %) 💡⚠️

Citi announced that Microsoft
$MSFT (-0,28 %) is working to improve cost efficiency across its various business units and to improve the company's critical Azure-division - reports SeekingAlpha.

"We left with the impression that management is confident that the Azure growth acceleration in the second half of the year and the increase in capacity provisioning will alleviate the current bottlenecks," Citi analyst Tyler Radke said in a note to the market.