Hi everyone,

Some of you have noticed the changes I’ve made over the past few weeks. I’ve gone back and forth a lot, removed some components, added new ones, and adjusted the weightings. Now that’s over. This is the portfolio I’ll be sticking with for the next few years.

My savings rates (€2,000 per month)

🌍 €1,000 – SPDR MSCI ACWI IMI $SPYI (+0,96 %)

The core. Around 9,000 stocks worldwide, including emerging markets and small-caps. The component that always works.

💻 €350 – iShares S&P 500 Information Technology $IUIT (+1,77 %)

A deliberate, moderate overweight in tech and AI. I’ve recently reduced it significantly because the concentration became too large for me. But I don’t want to be without it entirely.

🌏 €250 – iShares Edge MSCI EM Value $5MVL (+1,97 %)

Emerging markets with a value approach. Attractive valuations and a counterbalance to the U.S.

📊 €250 – Avantis Global Small Cap Value $AVWS (+0,98 %)

New addition. Small, undervalued companies—the factor with the strongest evidence of long-term excess returns. And a nice counterbalance to the megacaps.

🥇 approx. 150 € – EUWAX Gold II (manually managed) $EWG2 (+1,49 %)

Gold as a crisis buffer. Physically backed, with no ongoing costs, and tax-free after one year. Unfortunately, it’s not eligible for a savings plan with my broker, so I buy one share manually every month.

On top of that, I have a small liquidity buffer in a money market ETF so I never have to sell at an inopportune time. $XEON (+0,01 %)

Why I’m satisfied now

For the first time, each component has a clear purpose: The global ETF provides returns and diversification, the three satellite holdings add targeted exposure, gold cushions against crises, and the buffer ensures peace of mind. The tech concentration has shrunk, and the portfolio is significantly more diversified than it was just a few weeks ago.

I’ve realized that constant optimization brings more anxiety than returns. From now on, the plan is: let the savings plans run their course, check in once a year, and let time do its work. At 21, that’s my biggest advantage.

Thanks for your feedback over the past few weeks—it’s really helped me! 🙌

Thanks to the ECB, our beloved $XEON (+0,01 %) is now yielding 0.25% more per year.

The question remains: will overnight money accounts like Trade Republic follow suit? 😅

📊

Hello everyone,

I have been running my balcony power plant (1.9 kWp east-west/south combination with 5.25 kWh battery) in test mode for the last few months.

The dynamic Tibber tariff has recently been added.

In order to make the success of the system in the depot really tangible, I want to visualize the savings completely separately and put them in a single position.

As my own solar dividend, so to speak.

The logic behind this is simple:

My old discount was €74. I use the refund from the old contract as starting capital for the first one-off purchase. From now on, the real difference goes into the deposit every month - i.e. €74 basic discount minus the current Tibber monthly bill. If the bill runs towards €0 in the summer, almost the full €74 will go into the share.

As my core portfolio (World ETF) is to remain untouched, I am currently wavering between two completely different approaches for this pure visualization project:

Option A: A classic Nasdaq-100 ETF.

This puts the money directly into the tech sector. Maximum growth potential in the long term, which somehow fits in quite well with the "future vibe" of the solar system.

Option B: A simple money market fund (e.g. $XEON (+0,01 %) ).

The safe bank. The savings are parked virtually 1:1 as cash and take the current interest rates completely without price risk. The stable counterpart to fluctuating electricity prices.

What would you choose for such an experiment? The yield turbo or the interest storage?

@DividendenWaschbaer How are you doing it? Is your large investment already running?

$XEON (+0,01 %)
$XEOD (-0,01 %) What interest rates are you currently paying on loans that you use to buy shares?

This question occurred to me yesterday when I used the recovery to sell some positions. As usual, I parked the freed-up cash directly in the XEON.

Why did I link this thought to the XEON?

In day trading, I always short stocks, but only on an intraday basis. By shorting the XEON, I could theoretically "borrow" money very flexibly at currently around 2% p.a. and invest it specifically in weak phases in the event of market distortions. As the XEON is currently rising at a stable rate of around 2% per year, this value basically corresponds to my "financing costs".

Fees? For smaller amounts, the borrow fee and interest on sales proceeds almost balance each other out, so that essentially only the spread costs remain. At the same time, the whole thing would be extremely flexible, as the XEON can be traded at any time.

As long as I have enough cash available, this is not relevant for me! It was more of a theoretical thought experiment.

I then also checked this with IBKR: The XEON is actually short-sellable there, currently with a holding of approx. 1.6 million shares.

Sounds like a kind of hack to get "credit cash" flexibly and cheaply at any time, provided you have a broker like IBKR with a margin account. Or have I made a mistake somewhere 😵‍💫

Have any of you ever taken the same approach and shorted STR overnight?

@GoDividend Alternative to your building society project?

Hello everyone,

I am currently working on suitable investment strategies for my parents.

At the moment they are using an overnight deposit account and a fixed-term deposit account to hold their assets (they know about deposit protection).

However, they also have a monthly savings plan in the FTSE All world, which will be held for 10-15 years in order to slowly withdraw/redeem it when they retire.

Now I ask myself what makes the most sense to avoid money hopping. Many people will now immediately think of the $XEON (+0,01 %) However, I don't understand the composition of the bond/ETF or the hedging here, as there is an issuer risk in the event of insolvency, right?

What other alternatives are there besides the $XEON (+0,01 %) what other alternatives do you use to keep your assets stable?

Thank you very much for your help and exchange, I am happy to be instructed! 🫶🏾 HAPPY HOLIDAY!

February was a challenging and volatile month.

A strong start to the year was followed by a significant sector-rotationtriggered by risk-off-flowsa reassessment of growth stocks and the need to consistently address operational weaknesses in the portfolio.

Despite the volatility, it was a month of strategic realignment:

📊 Monthly performance: -3,15%

📊 Portfolio value: ~39.144 €

📊 Performance max: +27,58%

📊 Performance YTD: -1,32%

Performance & comparison 🚀

February was characterized by a clear sector rotation:

Software & high-beta tech corrected under pressure, while selected hardware stocks and broadly diversified value stocks showed relative stability.

Performance in comparison (01.02-28.02.2026):

My portfolio: -3,48%

NASDAQ 100: -4,05%

S&P 500: -1,29%

DAX: +1,03%

FTSE All-World: +0,97%

👉 The relative underperformance is due to the high growth exposure, although the portfolio just managed to outperform the NASDAQ 100, which was under heavy pressure.

Purchases, sales & allocation 💶

The focus in February was clearly on portfolio streamlining and strategic shift:

Acquisitions 💰

Hermes ($RMS (+0,08 %)) targeted expansion in the quality segment. TSMC ($2330) tactical entry due to the observed shift on the stock market from software to hardware. Bitcoin ($BTC (-0,14 %)) - purchase of € 500 from the Euro Overnight Rate Swap ETF ($XEON (+0,01 %)) at € 54,216 to lower the average price to € 63,000.

Sales ❌

Complete separation of Tomra Systems ($TOM (+0,54 %)) and Novo Nordisk ($NOVO B (-0,55 %)), as the companies have been operationally disappointing in recent quarters and there were no clear signs of a turnaround from management.

👉 The cash ratio is currently being used dynamically for opportunities through targeted acquisitions.

Top movers in February 🟢

Despite the market environment, February was driven by quality stocks and successful rebounds.

The strongest performer was Keyence ($6861 (+3,27 %)), which showed massive relative strength with +16.21%. Another strong performer was Ferrari ($RACE (-0,38 %)) was also strong with +13.45%, followed by Berkshire Hathaway ($BRK.B (-0,53 %)), which acted as a stable anchor with +6.22%.

The iShares MSCI World Small Cap ($WSML (+0,91 %)) gained +3.61%, while the iShares MSCI ACWI ($ACWI) formed a solid base with +0.70%. The Xtrackers II EUR Overnight Rate ($XEON (+0,01 %)) rounded off the picture with +0.15% and served as a source for the Bitcoin investment.

Flop movers in February 🔴

The weaker side of the portfolio was clearly to be found in the growth and crypto segment.

IREN ($IREN (+6,97 %)) corrected by -24.10% after the strong previous month. Also Mercado Libre ($MELI (+1,12 %)) also came under significant pressure at -17.33%. CrowdStrike ($CRWD (+2,72 %)) -16.94% and Snowflake ($SNOW (+1,59 %)) -16.36% suffered from the general shift in sentiment in the software sector.

Also Alibaba ($BABA (+0,45 %)) also gave back the gains of the previous month with -16.02%. Nubank ($NU (-2,19 %)) rounded off the list of losers with -15.90% due to the poor sentiment among payment providers.

👉 Important: These are primarily valuation and sentiment moves, not fundamental breaks - nevertheless, the lack of operational momentum made it necessary to sell positions.

Conclusion 💡

February was not an easy month, but a necessary for rebalancing:

➡️ Strategic separation of stocks without operational momentum

➡️ Focus shiftFrom software/high growth to hardware (TSMC) and focus on quality (Hermes)

➡️ Volatility deliberately used to lower the average Bitcoin price

The environment remains challenging:

Interest rates, Fed expectations and the rotation into hardware stocks will continue to shape the markets in March. The focus remains on quality, operational excellence and liquidity.

❓ Question for the community

Which stock surprised you the most in February - positively or negatively?

👇 Write it in the comments!