Hi everyone,

I'd like to hear your thoughts. This is about my investment portfolio.

$VWRL (+0,77 %) : approx. €273,000 (+45%)

$TDIV (+0,43 %) : approx. €117,000 (+20%)

$ALV (+1,38 %) : approx. €29,000 (+65%)

$BTC (+0,28 %) approx. 42k (+10%)

The situation: Over the next one to two years, I’d like to buy a property abroad for €300,000 to €350,000

using only my own funds. This means I’ll have to withdraw a large portion of my portfolio.

My dilemma: If I sell now, I might miss out on further price gains. If I stay invested and there’s a major market correction, the purchase could fall through in the worst-case scenario. I’ll have to pay taxes either way, so it’s really a question of timing.

I’m currently weighing these options:

1. Sell everything I need for the purchase now and park the funds in a money market account or money market ETF

2. Secure only a core holding ($ALV and $TDIV) and let the $VWRL run

3. Sell in stages, for example in three tranches by summer 2027

4. Stay invested with a fixed rule: sell at −15% or as soon as a specific property becomes available

5. Hedge using puts

Of course, I’d love to have the best of both worlds: a secure purchase without giving up too much return. I realize that doesn’t exist. I’m looking for the best compromise.

My questions for you:

• Who has faced the same decision, and how did you handle it?

• Would you do it the same way again today?

• Is there an option I’m overlooking?

Thank you all!

September has come to a close, marking yet another somewhat mixed month. Basically, it was another rollercoaster ride that ended on a “downward” note. Unfortunately, this has also caused the overall YTD performance to slip slightly into negative territory. But we still have a few months left to turn things around... 😉

Early last month, I also decided to make my portfolio a bit less risky and to restructure my entire asset allocation. My medium-term goal is to completely phase out fixed-term deposits, leave 50,000 euros in a money market account, and reallocate two-thirds of the portfolio to an All World ETF. I’ve at least made some (too) small progress in this direction...

Portfolio at a glance:

👉🏻 September:

Starting balance: 1,477,964 euros + 70 in cash

End: 1,444,708 euros + 600 in cash

Deposit: 48,500 euros

Loss: -81,226 euros (-5.50%)

As is the case every month, the performance of my portfolio currently depends largely on the performance of gold and silver mining stocks—and thus directly on the performance of commodity prices. Due to sharply rising bond yields, the price of oil, and expectations of rising interest rates, these stocks have once again come under pressure. However, my fundamental expectation of rising gold and silver prices in the long term due to the global debt crisis remains unchanged, so I don’t want to dwell on this point any further right now...

I think the progress on my portfolio restructuring is more interesting. Although I was able to add nearly 50,000 euros to the portfolio from a maturing time deposit, I’ve made only very limited progress on my medium-term plan. 🐌

Current progress toward goals:

👉🏻 Money market account -> 50,000 euros: 40 euros

👉🏻 All-World ETF -> 1,000,000 euros: 9,200 euros

So where did the money go? I invested just under 10,000 euros in $VWRL (+0,77 %) . I actually wanted to leave the rest in the money market account (which is currently paying 3% interest, after all). That worked out fine for two weeks, but then I had to jump back into individual stocks.

The main additions to my portfolio were Vonovia ($VNA (-0,24 %) ) and, to a lesser extent, McDonald’s ($MCD (+0,02 %) ) and Alibaba ($BABA (-1,52 %) ). And with that, the money was (unfortunately) gone again... 😅

I see a lot of potential in Vonovia in particular, especially if you’re willing to hold onto it for a while. Right now, of course, the political situation in Berlin is taking center stage, but I still have some residual faith in the German rule of law. In fact, an expropriation at market value would actually be a stroke of luck for Vonovia, and I firmly believe that if expropriation is allowed at all, it will happen at or around the current market value.

McDonald’s and Alibaba are more long-term investments and also my first positions in these stocks. It’ll all work out... 😉

So much for my mixed bag of a September! Let’s see how October plays out. With Nike ($NKE (-0,5 %) ) and Accenture ($ACN (-6,39 %) ), two of my holdings are reporting their quarterly results today. Let’s hope for a successful start to the month! 👍🏼

➡️🆓: On my way toward 4 million in total assets, I’m now 45.5% of the way there.

Here’s to successful stock market trades! 😊

With that, $VWRL (+0,77 %) I sold my last security, and the rotation is $BTC (+0,28 %) is almost complete. I did the same thing back in September/October 2023, and it was the best decision :)

I only took moderate advantage of the best opportunity this year, but there’s nothing I can do about it now.

The snow is falling softly ❄️

Dear Community,

I’d like to present my portfolio once again.

The core of my portfolio is the $VWRL (+0,77 %) which I contribute to monthly.

I also hold a few dividend-paying stocks such as $ALV (+1,38 %)
$MCD (+0,02 %)
$BMY (-0,36 %) and $TTE (+0,19 %) these stocks are my “dividend stocks”—to be honest, I don’t expect much in the way of returns from them, but they might still surprise me. As for $BMY (-0,36 %) I’m not quite sure yet whether I should hold onto this stock or focus more on growth in the healthcare sector— $SYK (+0,74 %) For example, looks interesting right now—it might even be my new employer in the future 😜.

Then I also have a bit of growth with dividends, though that’s not my main focus $TSM (+3,06 %)
$AVGO (+2,77 %)
$SU (+3,28 %) and $8001 (-0,64 %) Itochu is sort of a middle ground.

Last but not least, of course, $BTC (+0,28 %) to cover crypto.

Once I’ve adjusted the positions under $MCD (+0,02 %) the top holdings—with a target of about 5,000€ per stock for now and BTC at 3,000€—I plan to add new holdings in the form of $VST (+0,75 %)
$XYL (+0,95 %) and maybe again $RKLB (+4,61 %) , though other holdings are of course possible until then.

Thanks for your support, opinions, suggestions for improvement, etc.

Best regards and have a great start to the weekend,

Florian

This month, we were able to invest 3,500€, of which 3,000€ came from income and 500€ from dividends. 1,500€ went into the $LDGL (+1 %) and €2,000 went into the $VWRL (+0,77 %) . The portfolio is now at €197,000, and if the market cooperates, we’ll break the €200,000 mark next month. Keep moving forward :)

This month, we were able to invest 3,500€, of which 3,000€ came from income and 500€ from dividends. 1,500€ went into the $LDGL (+1 %) and €2,000 into the $VWRL (+0,77 %) . The portfolio is now at €197,000, and if the market cooperates, we’ll break the €200,000 mark next month. Onward and upward :)

It’s been becoming clear over the past few weeks. But what a wonderful sight— $BTC (+0,28 %) to see it back at the top of the portfolio. Today, it was once again $VWRL (+0,77 %) was dethroned after more than a year at the top. I’m no longer actively contributing to either. But I’ve only invested about 4,000 euros in Bitcoin in total. That $VWRL (+0,77 %) approx. 90,000 euros. If only I’d done it the other way around 🥲.