August gave us another real midsummer and showed its best side on some days. For me, it was the perfect opportunity to pursue one of my hobbies: Swimming, swimming and swimming again. I enjoyed every minute in the now cooler water. There was no hiking this month, but the swimming made up for it completely. I'm slowly looking forward to cooler temperatures again, because the cold adaptation for ice swimming is already calling! But before we head into fall, it's time for a look back.

Overall performance

After the brief consolidation caused by the new Trump tariffs, my portfolio recovered quickly and showed a stable, slightly positive performance in August. The prospect of interest rate cuts by the Fed provided a small boost, but there were no major movements. Typical summer slump. But, as expected, what had to come arrived on time: the distributions. My key performance indicators for my overall portfolio at a glance:

• TTWROR (month of August): +1.01 % (previous month: +3.82 %)
• TTWROR (since inception): +73,69 %
• IZF (month of August): +12.50 % (previous month: +46.14 %)
• IZF (since inception): +10,79 %
• Delta: +794.74 €
• Absolute change: +1,850.61 €

Performance & volume

My class leader continues to expand its dominance. If this continues, it will soon become a decisive factor in overall performance. The $BOA rises into the top 5 by volume, $SAP (+4,01 %) falls back. Rising in terms of performance$MAIN (+0,51 %) and there, too, the$SAP (+4,01 %) falls back. I also notice something about the winners of the red lantern in terms of performance:$NOVO B (+6,8 %) has reached the bottom basement, once one of my very strongest stocks. So the tide is turning. Opportunity to buy more? Instead$CPB (+2,45 %) has risen from the cellar. But this share still has a long way to go.

Size of individual share positions by volume in the overall portfolio:

Share (%) of total portfolio and associated portfolio:

• $AVGO (-0,25 %) : 3.30 % (main share portfolio)
• $NFLX (-0,97 %) 1.98 % (main share portfolio)
• $WMT (-0,62 %) 1.72 % (main share portfolio)
• $FAST (+0,45 %) s: 1.69 % (main share portfolio)
• $BOA 1.45 % (main share portfolio)

Smallest individual share positions by volume in the overall portfolio:

Share proportion (%) of the total portfolio and associated securities account:

• $SHEL (+0,31 %) : 0.42 % (crypto follow-on portfolio)
• $NOVO B (+6,8 %) 0.49 % (main share portfolio)
• $HSBA (+0,85 %) 0.54 % (crypto follow-on portfolio)
• $TGT (+0,69 %) 0.57 % (main share portfolio)
• $GIS (+1,92 %) 0.61 % (main share portfolio)

Top-performing individual stocks

Shares with performance since initial purchase (%) and the respective portfolio:

• $AVGO (-0,25 %) : +328 % (main share portfolio)
• $NFLX (-0,97 %) : +176 % (main share portfolio)
• $FAST (+0,45 %) +83 % (main share portfolio)
• $MAIN (+0,51 %) : +79 % (main share portfolio)
• $SAP (+4,01 %) +74 % (main share portfolio)

Flop performer individual stocks

Shares with performance since initial purchase (%) and the respective portfolio:

• $TGT (+0,69 %) : -36 % (main share portfolio)
• $GIS (+1,92 %) -31 % (main share portfolio)
• $UPS (+3,25 %) -26 % (main share portfolio)
• $NKE (-0,27 %) -25 % (main share portfolio)
• $NOVO B (+6,8 %) -21 % (main share portfolio)

Asset allocation

My asset allocation is as follows:

• ETFs: 38.3 %
• Equities: 59.0 %
• Crypto: 2.60%
• P2P: less than 0.01%

Investments and subsequent purchases

Here is a small overview of what I have invested via savings plans according to my fixed planning.

• Planned savings plan amount from the fixed net salary: €1,030
• Planned savings plan amount from the fixed net salary, incl. reinvested dividends: €1,140
• Savings ratio of the savings plans to the fixed net salary: 49.75

In addition, there were the following additional investments from returns, refunds, cashback, etc. as one-off savings plans/repurchases:

• Subsequent purchases/one-off savings plans as cashback annuities from refunds: € 79.00
• Subsequent purchases/one-off savings plans as a cashback annuity from bonuses/incentives from the KK: € 20.00
• Subsequent purchases from other surpluses: € 30.00
• Automatically reinvested dividends by the broker: € 3.01 (this function is only activated for an old custody account, as I otherwise prefer to manage the reinvestment myself)

Additional purchases were made:

• Number of additional purchases: 3
• 55.00 € for $JEGP (-0,01 %)
• 
  44.00 € for $GGRP (+0,5 %)
• 
  30.00 € for $FGEQ (+0,68 %)
• 
  295.08 € for $DXSA (-0,12 %) (funds from the sale of a $ETH (+1,9 %) tranche)

If you want to know how my cashback pension tops up my share and ETF pension, please write it in the comments.

Passive income from dividends

My income from dividends amounted to €128.42 (€92.61 in the same month last year). This corresponds to an increase of +38,67 % compared to the same month last year. The following is further key data on the distributions:

• Number of dividend payments: 22
• Number of payment days: 12 days
• Average dividend per payment: € 5.83
• average dividend per payment day: € 10.70

The top three payers are:

• $IWDP (+0,12 %)
• 
  $ISPA (+0,21 %)
• 
  $ZPRG (+0,38 %)

My passive income from dividends (and some interest) mathematically covered 14.94% of my expenses in the month under review.

Crypto performance

My crypto portfolio was characterized by the partial sale of a $ETH (+1,9 %) tranche as part of my "crypto succession strategy". Around € 298 in Etherium was taken off the table.

Here are some key figures:

• Monthly performance portfolio: +0.29 %
• Performance since inception: +134.35 %
• Share of holdings for which the tax holding period has expired: 98.55 %.
• Crypto share of the total portfolio: 2.20 %

The sale of the tranche explains the decline in the crypto share from 2.6% to 2.2%

As a "follower" of the crypto cycle, I am increasingly accepting the idea that the cycle is still in tact, but is expanding. The reason for this should be the ETF purchases and the activities of the crypto treasury companies. Retail still seems to be asleep. The playing field is very exciting, if only from a macroeconomic perspective. I can only advise looking into the cycle and issues such as money creation and the correlation between the M2 money supply and $BTC. Although I am not a fan of cryptocurrencies, I think they are a sensible component of a balanced portfolio.

Performance comparison: portfolio vs. benchmarks

A comparison of my portfolio with two important ETFs shows

• TTWROR (current month): +1,01 %
• $VWRL (+0,33 %) : -0,33 %
• $VUSA (+0,7 %) : -1,13 %

Outlook and a private bonus

My Carousel posts of the portfolio review and budget review always start on the hook slide with a background image from my month. These are usually places I've visited or moments that have moved me. This time it's the same, although a CT scan would almost be more appropriate.

A chest CT confirmed what I had been wondering about for some time: my ascending aorta is dilated. This is a consequence of my congenital heart valve defect. Fortunately, it was discovered early before it could develop into an aneurysm, dissection or even rupture. A classic chance discovery, a stroke of luck. I was able to keep the heart valve "in check" for a long time, and fortunately there are currently no worse findings for it. But the diagnosis of the ascending aorta now brings certainty: an operation will certainly be necessary at some point.

Why am I sharing this here? Because it has taught me humility once again. The diagnosis isn't nice, but it's not a surprise either. Perhaps my v. A. more active lifestyle since corona has contributed to the fact that it is stable today and still allows me to do a lot: sporting activity, which I have fought my way back over the years. The restrictions that already apply to avoid pressure peaks on the aorta are minimal. My quality of life is still very high.

My conclusion: Keep fit, go for check-ups and take your body seriously. Invest in your health and fitness. Our deposits are only worth as much as our health allows us to enjoy them.

So I will be able to visit the cardiologist and radiologist even more regularly in future, an honor! (irony off). Everything will be fine!

👉 You want my review as an Instagram post?

Then follow me on Instagram:

📲 In addition to the portfolio and extra budget review, you'll also find regular posts there: @frugalfreisein

Please pay close attention to the spelling, unfortunately there are too many fake and phishing accounts on social media. I have already been "copied" several times.

👉 How was your August at the depot? Do you have any tops and flops to report?

Leave your thoughts in the comments!

$CPNG (-0,05 %)
$NFLX (-0,97 %)

Netflix continues to dominate the South Korean online video or over-the-top (OTT) streaming market, but Coupang Play gained over 300,000 new users last month, driven by live broadcasts of major international sporting events such as the Premier League.

According to app analytics firm Wiseapp Retail Goods on September 3, the number of Coupang Play's monthly active users (MAU) reached 7.73 million in August, an increase of 330,758 from the previous month's 7.39 million. This puts Coupang Play in second place among all OTT service providers operating in South Korea, second only to Netflix with 14.57 million users.

Data from the Mobile Index of the data tech company IGAWorks also showed growth: Coupang Play recorded 7.29 million MAUs in August, an increase of 6 percent compared to 6.89 million in the previous month.

Coupang Play attributed the increase to exclusive sports content and the popularity of the second season of its original series "Office Workers". The platform streamed exclusive coverage of the English Premier League, which launched last month, as well as other major European soccer leagues and Formula 1. In September, the platform will further expand its MAUs by streaming every game of the 2025 National Football League (NFL) season, starting with the Dallas Cowboys vs. Philadelphia Eagles game on September 5.

The battle for second place behind Netflix between Coupang Play and Tving remains fierce. According to the Mobile Index, Tving was ahead in August with around 275,000 MAUs. However, according to Wiseapp Retail Goods data, Coupang Play was ahead of Tving with around 1.83 million more MAUs.

https://www.businesskorea.co.kr/news/articleView.html?idxno=251127

Coupang ( CPNG 8.94 % ) has many similarities with Amazon . The company is revolutionizing e-commerce in South Korea and Taiwan, where it is also showing strong growth potential outside its home market of Korea. It may seem difficult for another e-commerce giant to rise in Amazon's shadow, but Coupang has advantages.

Coupang's sales rose by 62% to 32 billion US dollars in the last twelve months. In the second quarter, quarterly sales rose by 19% year-on-year in constant currency. The company's profitability also continues to develop positively: gross profit, operating profit and earnings per share increased compared to the same quarter last year. Strong financial results have caused the share price to rise by 30% since the beginning of the year.

This growth reflects the consistent expansion of the product range and automation to improve delivery speed. The company offers same-day delivery of a huge selection of products to millions of customers in densely populated cities, giving it a competitive advantage.

One business area with great growth potential is supply growth. This includes food delivery and streaming entertainment. Sales of these products increased by 33% year-on-year - significantly faster than product sales. This shows that more and more customers are continuing to spend more at Coupang after initially purchasing products via the e-commerce business.

In addition, management pointed out in the last earnings report that development offerings in Taiwan are growing faster than expected. This is a good sign that the company's business model could penetrate more markets outside South Korea, where it can be successful and bring returns to shareholders.

Coupang is essentially becoming the default app that 24 million active customers rely on to buy goods, food and digital entertainment. The app's continued track record of high double-digit growth rates and promising international expansion potential could make it a big winner for investors in the long term.

Midsummer should be in full swing in July, but summer prefers to take a breather. While the temperatures outside were rather cool for most of July, which fortunately didn't keep me from swimming and hiking, it was hot in the depot. Time for a look back.

Overall performance

In July, the portfolio made a significant leap upwards, possibly due to further crypto adoption, good labor market data, robust quarterly reports and a further decline in inflation in a positive environment. The big icing on the cake is of course the continued incoming cash flow from dividends and distributions. My key performance indicators are:

• TTWROR (month of July): +3.82 % (previous month: +0.19 %)
• TTWROR (since inception): +72,72 %
• IZF (month of July): +46.14 % (previous month: 2.47 %)
• IZF (since inception): +10,87 %
• Delta: +€2,468.62
• Absolute change: +€3,677.52

Performance & volume

Size of individual share positions by volume in the overall portfolio:

• Share: Share of total portfolio in % (securities account)
• $AVGO (-0,25 %) 2.98 % (main share portfolio)
• $NFLX (-0,97 %) 1.92 % (main share portfolio)
• $WMT (-0,62 %) 1.72 % (main share portfolio)
• $FAST (+0,45 %) 1.64 % (main share portfolio)
• $SAP (+4,01 %) 1.49 % (main share portfolio)

Smallest individual share positions by volume in the overall portfolio:

• Share: Share of total portfolio in % (custody account)
• $SHEL (+0,31 %) : 0.44 % (crypto follow-on portfolio)
• $NOVO B (+6,8 %) 0.45 % (main share portfolio)
• $HSBA (+0,85 %) 0.53 % (crypto follow-on portfolio)
• $GIS (+1,92 %) 0.60 % (main share portfolio)
• $TGT (+0,69 %) 0.64 % (main share portfolio)

Top-performing individual stocks

• Share: Performance since first purchase % (securities account)
• $AVGO (-0,25 %) +299 % (main share portfolio)
• $NFLX (-0,97 %) +174 % (main share portfolio)
• $FAST (+0,45 %) +86 % (main share portfolio)
• $SAP (+4,01 %) : +83 % (main share portfolio)
• $MAIN (+0,51 %) +82 % (main share portfolio)

Flop performer individual shares

• Share: Performance since first purchase % (securities account)
• $GIS (+1,92 %) -33 % (main share portfolio)
• $TGT (+0,69 %) -30 % (main share portfolio)
• $NOVO B (+6,8 %) -27 % (main share portfolio)
• $UPS (+3,25 %) -24 % (main share portfolio)
• $CPB (+2,45 %) -23 % (main share portfolio)

Asset allocation

My asset allocation is as follows:

• ETFs: 38.3 %
• Equities: 59.0 %
• Crypto: 2.60%
• P2P: less than 0.01%

Investments and subsequent purchases

Here is a small overview of what I have invested via savings plans according to my fixed planning.

• Planned savings plan amount from the fixed net salary: €1,030
• Planned savings plan amount from the fixed net salary, incl. reinvested dividends: €1,140
• Savings ratio of the savings plans to the fixed net salary: 49.75

In addition, there were the following additional investments from returns, refunds, cashback, etc. as one-off savings plans/repurchases:

• Repurchases/one-off savings plans as cashback annuities from refunds: € 70.77
• Subsequent purchases from other surpluses: € 135.00
• Automatically reinvested dividends by brokers: € 4.04 (Function is only activated for an old custody account, as I control the reinvestment myself)

Additional purchases were made:

• Number of additional purchases: 3
• 61.96 € for $SPYD (+0,47 %)
• 
  58.00 € for $GGRP (+0,5 %)
• 
  90.00 € for $JEGP (-0,01 %)

If you want to know how my cashback pension tops up my share and ETF pension, please let me know.

Passive income from dividends

My income from dividends amounted to € 222.47 (€ 93.27 in the same month last year). This corresponds to an increase of +138,52 % compared to the same month last year. The following are further key figures on the distributions:

• Number of dividend payments: 28
• Number of payment days: 12 days
• Average dividend per payment: € 7.95
• average dividend per payment day: € 18.54

The top payers are:

• $ISPA (+0,21 %)
• 
  $VWRL (+0,33 %)
• 
  $VHYL (-0,61 %)

My passive income from dividends (and some interest) mathematically covered 27.12% of my expenses in the month under review.

Crypto performance

My crypto investments have also moved:

• Monthly performance portfolio: +9.49
• Performance since inception: +114.72 %
• Proportion of holdings for which the tax holding period has expired: 98.55%. Accordingly, there was one subsequent purchase in the month under review $ADA (+5 %) ).
• Crypto share of the total portfolio: 2.60 %

Crypto remains exciting for me. Due to many external influences (ETF inflows, treasury companies, Genius and Clarity Act, ...), the question arises as to whether the cycle theory is beginning to falter. Or not? Will it be different this time?

Performance comparison: portfolio vs. benchmarks

A comparison of my portfolio with two important ETFs shows:

• TTWROR (current month): +3,28 %
• Vanguard FTSE All World Dist ETF: +5.23 %
• Vanguard S&P 500 Dist ETF: +6.41 %

Outlook and conclusion

Crypto remains exciting for me. Due to many external influences (ETF inflows, treasury companies, Genius and Clarity Act, ...), the question arises as to whether the cycle theory is beginning to falter. Or not? Will it be different this time?

👉 You want my review as an Instagram post?

Then follow me on Instagram:

📲 In addition to the portfolio and budget review, you'll also find regular posts there: @frugalfreisein

👉 How was your July at the depot? Do you have any tops & flops to report?

Leave your thoughts in the comments!

Company portrait

Performance

International growth

General strategy

Own productions

Competition

Account sharing

Password sharing

Advertising-financed

subscription models

Quarterly figures

Outlook

Link: https://shorturl.at/9iG0y

$NFLX (-0,97 %)

The start of summer in June combined sport and leisure for me. By that I mean swimming, hiking, running and sport at home. Apart from the incoming dividends, I hardly noticed anything on the stock market. It was not the strongest distribution month due to the postponement of three distributions, but it was still a very strong one. Time for a review.

Overall performance

The portfolio tended to tread water in June, but that is no cause for concern. Bit by bit, it is fighting its way out of the lows of the customs conflict. And cash flow continues to be generated by distributions to the clearing accounts. The key performance indicators are:

• TTWROR (month of May): +0.19 %
• TTWROR (since inception): +65,45 %
• IZF (month of May): +2.47 %
• IZF (since inception): +10,21 %
• Delta: +€148.63
• Absolute change: +1,173.63 €

Share allocation & performance

Which shares performed particularly well in June? Which are at the top and which at the bottom of the rankings? Which were the biggest losers?

Size of individual share positions by volume

• Share: Share of total portfolio in % (securities account)
• $AVGO (-0,25 %) 2.78 % (main share portfolio)
• $NFLX (-0,97 %) 2.20 % (main share portfolio)
• $WMT (-0,62 %) 1.71 % (main share portfolio)
• $SAP (+4,01 %) 1.59 % (main share portfolio)
• $FAST (+0,45 %) 1.55 % (main share portfolio)

Smallest individual share positions by volume:

• Share: Share of total portfolio in % (securities account)
• $SHEL (+0,31 %) 0.44 % (crypto follow-on portfolio)
• $HSBA (+0,85 %) 0.54 % (crypto follow-on portfolio)
• $TGT (+0,69 %) 0.62 % (main share portfolio)
• $GIS (+1,92 %) 0.63 % (main share portfolio)
• $CPB (+2,45 %) 0.64 % (main share portfolio)

Top-performing individual shares

• Share: Performance since first purchase % (securities account)
• $AVGO (-0,25 %) : +261 % (main share portfolio)
• $NFLX (-0,97 %) : +198 % (main share portfolio)
• $SAP (+4,01 %) +106 % (main share portfolio)
• $WMT (-0,62 %) : +68 % (main share portfolio)
• $RSG (+0,42 %) +47 % (main share portfolio)

Flop performer individual shares

• Share: Performance since first purchase % (securities account)
• $DHR (+0,68 %) -57 % (main share portfolio)
• $CPB (+2,45 %) -42 % (main share portfolio)
• $TGT (+0,69 %) -37 % (main share portfolio)
• $GIS (+1,92 %) -36 % (main share portfolio)
• $NKE (-0,27 %) -30 % (main share portfolio)

ETFs vs. shares

The breakdown of ETFs vs. shares across all portfolios is 38.7% to 61.3%. This differs from the breakdown of my ETFs to equities savings plans (43% to 57%). Equities have performed better, which is due to the fact that I also include high-dividend ETFs in the ETFs.

Investments and additional purchases

Here is a brief overview of what I have invested in savings plans according to my fixed planning.

• Planned savings plan amount from the fixed net salary: €1,030
• Planned savings plan amount from the fixed net salary, with reinvested dividends: €1,140
• Savings ratio of the savings plans to the fixed net salary: 49.75

In addition, there were the following additional investments from returns, refunds, cashback, etc. as one-off savings plans/repurchases:

• Subsequent purchases/one-off savings plans as cashback annuity from refunds: € 32.32
• Automatically reinvested dividend by broker: € 7.25 (Function is only activated for an old custody account, as I want to control the reinvestment myself)

Additional purchases were made from other surpluses:

• Number of additional purchases: 2
• 25.00 € for $FGEQ (+0,68 %)

There were no additional purchases from the components of my cashback pension (e.g. reimbursements from health insurance premiums, insurance premiums, shopping vouchers, etc.) this month.

If you would like to know how my cashback pension supplements my equity and ETF pension, please let me know.

Passive income from dividends

My income from dividends amounted to € 152.30 (€ 179.04 in the same month last year). This corresponds to an increase of -14.94 % compared to the same month last year. The following is further key data on the distributions:

• Number of dividend payments: 31
• Number of payment days: 15 days
• Average dividend per payment: € 4.91
• average dividend per payday: € 10.15

The top payers are:

• $VNA (-0,96 %)
• 
  $ARCC (+1,75 %)
• 
  $TDIV (+0,23 %)

My passive income from dividends (and some interest) mathematically covered 15.91% of my expenses in the month under review.

Crypto performance

My crypto investments also moved a little:

• Monthly performance portfolio: +3.81 %
• Performance since inception: +79.49 %
• Proportion of holdings for which the tax holding period has expired: 100%. This means that there have been no additional purchases for over a year.
• Crypto share of the total portfolio: 2.19 %

I find the topic exciting, but it is very underrepresented in my overall portfolio due to my passive income strategy. The first profits have already been realized and more will definitely follow. For me, crypto is a lever to turn play money into even more play money, which is then put into the solid distributors to make the income snowball grow bigger and bigger. New accumulation will take place in the coming bear market.

Performance comparison: portfolio vs. benchmarks

A comparison of my portfolio with two important ETFs shows:

• TTWROR (current month): +0.19 %
• $VWRL (+0,33 %) : +0.39 %
• $VUSA (+0,7 %) : +1.24 %

Outlook and conclusion

I'm using the summer, which has already begun, not only for hiking, but also for city trips for my "non-financial" TikTok and Insta channel. I can often be found at one of the lakes near Leipzig, which were once created from the open-cast mining pits of the brown coal era. It's nice that the lunar landscapes have become a local recreation area. That's why I'm less active at the moment. That will certainly change again in the fall.

For now, I'm just enjoying life, and my money continues to work stubbornly and steadily for me in the background. Current events in the world and in politics don't interest me in the slightest. As I write this review, the first third of the summer will soon be over.

👉 You want my review as an Instagram post?

Then follow me on Instagram:

📲 You'll find regular posts there as well as the portfolio and budget review: @frugalfreisein

How did your June at the depot go? Do you have any tops & flops to share? Leave your thoughts in the comments!

Many of us think about our budget - income minus expenditure, that's fine. But we prefer to have something left over to invest. But if you don't want any surprises in the long term, you need to think a little further ahead. Liquidity planning is the magic word. It sounds more technical than it is: it's simply about knowing when you need how much money - not just today or this month, but also in six months, next year and in five years' time.

What is liquidity planning?

In short, it's a plan that shows you how your cash flow will develop over time. You record your monthly income and expenditurebut also one-off or irregular coststhat may only be incurred once or twice a year - for example taxes, health insurance premiums or vacations. And you think about what capital requirements you will need in the future: What's coming up? A car? Relocation? Further training?

The goal is simple: you want to remain solvent at all timeseven when major expenses are on the horizon - and at the same time avoid unnecessary cash reserves sitting in your savings account.

Why is this relevant?

The truth is: Every month costs the sameeven if it doesn't seem like it at first glance. Rent, public transport season ticket, food - sure, you know the fixed monthly costs. But what about the big chunks that are only due once a year? Or every 3 or 6 months?

In Switzerland, for example, the tax bill between March and October, depending on the canton. Households pay on average 10-18% of their income for taxes and social security contributions. Also health insurance premiums, Serafe, SBB-GA or the car insurance are often incurred annually. If you don't plan ahead for these costs, you can quickly end up in the red or have to rush to sell assets, which is not ideal.

How can you visualize this?

You don't have to be an Excel pro. There are now several tools that can help you with this:

• Here on GetQuin relatively automatically, also as Sankey, because @christian and its team do a great job (only as long as you can and want to offer your provider completely 😉)
• Budget apps like YNAB, Spendee and many more.
• Another popular one in Switzerland is the umbrella organization Budgetberatung (Online Budgetrechner für deine Finanzplanung)
• This too Budgetformular des Bundes is an easy starting point
• Finally, the relatively popular variant of the Sankey presentation from Finanz-Flussdiagramm: Sankey Diagramm erstellen

It is important that you not only track your monthly fixed costsbut also create a kind of cash flow calendar calendar. In other words: what major expenses are coming when? And do you have enough reserves for them? Can you reliably divide your irregular bills or bills that come in in 3-6-12 month cycles over the month?

If so, and you become a "pro", you can go even further and plan your expenses, especially one-off expenses, in the short, medium and long term.

What is short, medium and long term?

• Short-term1-3 months → Dentist appointment, new glasses, repairs
• Medium-term3-18 months → Tax bill, vacations, further training
• Long term1-5 years → Relocation, new car, parental leave, sabbatical

Incidentally, the classic rule of thumb for nest eggs is three to six months' wages on the side - not for investment, but for solvency. But...

And what if I...

...live alone and earn irregularly? Then you need more of a buffer and have to plan more conservatively.

...have a family with children? Then you should allow for seasonal expenses (vacations, school, childcare) and keep a portion variable.

...are still studying or in training? Then transparency about every expense is more important than perfection - even a simple monthly plan helps.

= In the end, you have to find out what works for you and how risk-averse you are. What is certain, however, is that too much liquidity has a negative rather than a positive impact on your asset performance. But you have to be able to cope with this mentally.

Where do things get stuck in practice?

To be honest, most people underestimate the irregularity of their expenditure. People think they live "monthly", but they actually live in payment cycles. The tax bill doesn't come out of nowhere - but it still hits you like a brick if you don't have it on your radar.

What's more, many people either plan too short-term or they park too much money in the wrong account - and wonder why their savings account barely grows or why they suddenly fall into a liquidity hole. Why don't you set up a few savings accounts for specific purposes if it helps?

How do I develop my own liquidity plan?

Start with a review of the last 12 months:

• What did you earn - and when / 12
• What major expenses did you have / 12
• What came as a surprise - even though it could have been planned? / 12
• What are your monthly expenses?
• What predictable annual costs do you incur? /12
• Do I need provisions? E.g. 10% of the furniture p.a. to be able to replace the furniture every 10 years on average.
• Do I need a buffer (e.g. for inflation of costs)? I have estimated a cost increase of 5-10% p.a. for most fixed costs and am therefore on the safe side.
• Add up p.m. Income and compare expenses p.m.

What remains (hopefully): The monthly savings installment. You can now use this freely to invest, increase your liquidity, etc. Depending on your needs.

• Professionals are then at step 10: Which costs can/do I want to contain? Do I need $NFLX (-0,97 %) Super Premium? Do I pay $SPOT (+3,56 %) for half the village? Do I want to spend 20% of my income on my motorcycle?
• And then finally the long-term step: How can I increase my income sustainably?

Liquidity planning sounds like something for entrepreneurs or CFOs at first. But to be honest, every household has a cash flow. If you don't know it, you live from surprise to surprise. And they are rarely positive.

So I've invested another hour (besides football) - I hope for your benefit! Let me know if it was of any use to you. ♥️

Happy investing

GG

$NFLX (-0,97 %) announced that it will open a third entertainment center in 2027, this time in Las Vegas, to expand its brand presence and profile beyond streaming.

The "Netflix House" will allow fans to immerse themselves in the worlds of their favorite shows and movies and will include themed gift stores with exclusive merchandise and restaurants.

The streaming giant's latest initiative will allow it to generate additional revenue and diversify its business model, increase customer loyalty and strengthen Netflix's market position through innovation in entertainment.

The first two Netflix Houses will open in Philadelphia at the King of Prussia Mall and in Dallas at the Galleria Dallas at the end of 2025.

"This is fandom coming to life, where you can actually immerse yourself in the worlds you've seen and loved for years," said Chief Marketing Officer Marian Lee.

The Philadelphia location will debut experiences based on popular titles such as "Wednesday: Eve of the Outcasts" and "ONE PIECE: Quest for the Devil Fruit" The Dallas location will offer immersive experiences featuring "Stranger Things: Escape the Dark" and "Squid Game: Survive the Trials"

World premiere for $NFLX (-0,97 %)

Netflix enters into a partnership with French broadcaster TF1 for the first time.

From summer 2026, Netflix subscribers in France will be able to stream all five linear TF1 channels and over 30,000 hours of on-demand content (e.g. The Voice, telenovelas, live sport) directly via the Netflix app

This move marks a turning point - Netflix is integrating traditional TV content to enhance its platform while boosting advertising revenues, as live linear TV is particularly attractive to advertisers.

Similar deals, e.g. with the UK, could follow.

A few initial targets: