I am now changing my strategy and investing in my ETF from time to time. As I feel more comfortable with one-off purchases, I don't have a savings plan with Scalable. The plan is to invest a sum every quarter when the price feels "good". :)

Hello everyone.

I am currently working on the following topic $SHEL (+1,73 %) . I'm not so sure whether I shouldn't make a temporary partial sale. I bought 250 shares for €11.40 back in 2020/2021. A partial sale of 100 pcs was made at almost 150% price gain at that time.

So I still have 150 shares.

Due to two portfolio moves, I am "only" shown a profit of approx. 80%, which in fact should be something in the 200% - 250% range.

I receive 8, ... % dividend p.a. which is not wrong, which is why I am considering whether it makes sense to trigger the tax event at all. The share price of €39 will not be maintained, let's be realistic, which is why I'm wondering whether to sell.

I also still have $OXY (+0,12 %) 138 shares for 1 year, 2/3 of which I will liquidate, as it was more of a medium-term bet. That would also be a factor that speaks against a partial sale of shell.

I think the world $VWRL (+0,38 %) will recover and whether oil is at its peak I don't know.

The two oil stocks make up approx. 11% of my total portfolio.

I am actually well diversified (etf/stocks/real estate/gold/bonds,call money)

TLDR: Long, but with even more metrics. 😊

February may be the shortest month of the year, but there are no short breaks when it comes to building wealth. While Father Frost came knocking again outside before early spring, I used the time to push ahead with my plans. After the imperfect start in January, this month was all about one thing: sticking with it! Whether it was braving the cold on an evening run, lifting weights, shooting new videos or creating new Carousel posts (even in wooden class on the train), or looking at my depot. Time and time again, it turns out that consistency is one of the keys to success. When discipline is developed, automation runs like clockwork and frees my mind for new ideas and projects related to financial freedom.

While I was enjoying my frugal vacation in MV, it rained not only water but also dividends from the sky as the thaw set in. Do you want to know what's been happening in the engine room of my portfolio and are you interested in a whole new set of metrics for my passive income?

Then it's time for a nice look back, because the bad weather is really getting on my nerves.

DISCLAIMER/RISK WARNING

Please remember that this article is for entertainment purposes only. At no point is it a buy or sell recommendation or professional legal, tax or investment advice. Don't just copy anything I do. I am merely describing what is happening in my portfolios, but in no way guarantee that it is up-to-date, correct or complete.

Investing in the capital market is always associated with risks such as loss of invested capital, price fluctuations, liquidation risks or market risks. In accordance with the current guidelines of ESMA and BaFin, I expressly point out that this review serves exclusively to document my personal investment strategy and does not constitute investment advice within the meaning of the WpIG. The securities presented by me are expressly not to be understood as investment advicebut are merely components of my personal portfolio at the time of reporting. Please also bear in mind that there is a conflict of interest, as I naturally hold the securities myself.

If necessary, seek professional advice and do your own research.

Overall performance

I would like to repeat a fact from my last review. Automation is king. When everything runs by itself, you have room in your head for the finer things in life. Or to do the right thing. More on that at the end.

My key performance indicators for my overall portfolio at a glance:

• TTWROR (month under review): +3.47 % (previous month: +1.64 %)
• TTWROR (since inception): +88,49 %
• IZF (month under review): +55.90 % (previous month: +21.13 %)
• IZF (since inception): +12,50 %
• Delta: +3,172.19 €
• Absolute change: € +4,396.52

Data shown as "since start" is valid since 31.05.2020

Performance & volume

My class leader $AVGO (+0,12 %) loses some weight in the portfolio, but remains in first place in terms of volume and performance. The stock has been running very hot recently. Perhaps the semiconductor market is currently undergoing a rotation to $NVDA (-0,39 %) taking place? The tech sector is also falling $GOOGL (-0,02 %) somewhat, as they have announced high investments. On the other hand $WMT (+0,01 %) continues to grow nicely.

In terms of volume, the $BAC (+0,28 %) is now out of my top 5. $FAST (+0,44 %) The screw manufacturer was already in my top 5 once before and doesn't need to be asked twice.

Also $FDX (+1,46 %) also climbs back into my top 5. The logistics giant had a strong performance in February. Maybe it has to do with the tariff-refund issue or a sector rotation from tech to industrials? They are also spinning off their freight division, further fueling cost-cutting fantasies. That means more cash flow for the "purple ones".

If I take a look at my weakest performers, I notice that the minus at $TGT (-0,02 %) continues to improve. I'm particularly pleased about this, as I always put a little more money in the savings plans for this stock in times of hunger. On the other hand $NOVO B (-0,84 %) continues to fall. At -43 %, they set a new negative record in my portfolio. This shows how intense the competition with $LLY (+0,06 %) has become in the meantime.

Largest individual share positions by volume in the overall portfolio:

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

$AVGO (+0,12 %) 2.59 % (main share portfolio)

$WMT (+0,01 %) 1.87 % (main share portfolio)

$FAST (+0,44 %) 1.45 % (main share portfolio)

$GOOGL (-0,02 %) 1.40 % (main share portfolio)

$FDX (+1,46 %) 1.31 % (main share portfolio)

Smallest individual share positions by volume in the overall portfolio:

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

$NOVO B (-0,84 %) : 0.35 % (main share portfolio)

$GIS (+0,42 %) 0.51 % (main share portfolio)

$HTGC (+0,24 %) 5.53 % (main share portfolio)

$BATS (+0,69 %) 0.55 % (crypto follow-on deposit)

$CPB (+0,26 %) 0.56 % (main share portfolio)

Top-performing individual stocks

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

$AVGO (+0,12 %) : +277 % (main share portfolio)

$WMT (+0,01 %) : +112 % (main share portfolio)

$GOOGL (-0,02 %) +106 % (main share portfolio)

$NFLX (+0,13 %) +95 % (main share portfolio)

$OHI (-0,31 %) +88 % (main share portfolio)

Flop performer individual stocks

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

$TGT (-0,02 %) : -20 % (main stock portfolio)

$CPB (+0,26 %) : -30 % (main share portfolio)

$NKE (+0,06 %) -34 % (main share portfolio)

$GIS (+0,42 %) -35 % (main share portfolio)

$NOVO B (-0,84 %) -43 % (main share portfolio)

Sector allocation of my individual stocks [NEW!]

My top 6 sectors are:

Consumer goods: 18.19%

Miscellaneous: 16.78 %

Technology: 11.92 % [without information technology]

Financials: 11.24

Transportation: 9.61

Trade: 7.13 %

Asset allocation

Equities and ETFs currently determine my asset allocation.

ETFs: 42.0 %

Equities: 58.0

Investments and subsequent purchases

I have invested the following amounts in savings plans:

Planned savings plan amount from the fixed net salary: € 1,040

Savings ratio of savings plans to fixed net salary: 48.80

Planned savings plan amount from the fixed net salary, incl. reinvested dividends according to plan size: € 1,060

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: € 55.00

Subsequent purchases/one-off savings plans as a cashback annuity from bonuses: € 39.97

Subsequent purchases from other surpluses: € 0.00

Repurchases from dissolved tax reserve: € 107.98

Automatically reinvested dividends by the broker: € 2.51 (function is only activated for an old custody account, as I otherwise prefer to control the reinvestment myself)

In the month under review, only the fixed savings plans were executed.

Number of unscheduled additional purchases: 4

Passive income from dividends and ETF distributions

Passive income in the month under review

I received € 101.65 in distributions in the month under review (€ 97.31 in the same month of the previous year). This corresponds to a change of +4.46 % compared to the same month of the previous year. Two distributions will fall in the following month, which is reflected in the low to moderate distribution growth YoY.

Number of dividend payments and ETF distributions: 21

Number of payment days: 10 days

Average dividend per payment: € 4.84

average dividend per payday: € 10.17

Passive income YTD [NEW!]

YTD I have received distributions in the amount of € 274.37. If you put this in relation to my annual dividend target of € 2,100, the target achievement of the distribution is 13.07% (target 16.67%). This means that I am just below the target, but this will be turned around by the coming March, which has a higher payout.

The three calculation methods result in the following distribution yields:

YTD distribution yields: 0.31 %

Distribution yields since inception: 4.71 %

Distribution yields YoY: 2.25 %

This means that my overall portfolio has already paid me back around 5% of my initial investment, less than half a percent this year and over 2% within a year. This reflects the comparatively young age of the investment.

The distribution yield grew by 0.89 % YoY. Not a big jump, but a sign of calm, steady dividend growth. The money is working more efficiently than a year ago.

My top payers

The top 5 payers in the month under review were:

$OHI (-0,31 %)

$ZPRG (+0,73 %)

$JEPQ (+0,33 %)

$BATS (+0,69 %)

$ABBV (+0,34 %)

FIRE number [NEW!]

I calculate my FIRE figure from the rolling 12-month expenses (TTM) multiplied by a factor of 25. Even if I don't want to sell any shares later, I use this reciprocal value of the classic 4% withdrawal rate as a conservative guide.

With my current 12-month expenditure of €12,226.88, this results in a FIRE figure of €305,672.00. This is the minimum volume that my portfolio would have to reach in order to theoretically cover my expenses with a 4% withdrawal.

Of course, this figure fluctuates with my lifestyle. But it is not the only metric to determine how long my assets would last in an emergency.

Spending range (runway) [NEW!]

Another method for determining how long I can manage to cover my expenses from my assets is the rolling spending rangealso known as runway also known as the runway. On an annual basis, this is currently 7.49 years or the equivalent of around 89.9 months. Compared to the previous month, it has increased by 0.33 years years. So I am effectively about four months longer "free".

Compared to the same month last year, the increase is even 1.92 years. Although this figure could be even higher, the setbacks caused by the economic policy uncertainties in the TTM period are dampening the trend somewhat. I am still 17.51 years away from my runway target (25 years), which corresponds to the FIRE multiplier. 17.51 years away. This makes it clear that, despite the great progress I have made, I am still at the beginning of my path to complete financial freedom.

The runway stability of -0.22 indicates that my range is currently fluctuating slightly and is not yet stable in an absolutely steady upward trend. A negative value here indicates that the volatility of capital or short-term spending spikes in the rolling period are still slowing down the continuity of growth somewhat.

Performance comparison: portfolio vs. benchmarks

To see where I really stand, I regularly compare my portfolio with the major market ETFs. This allows me to see immediately how well my performance (TTWROR) has done in the current month and since the start compared to the overall market.

My portfolio: +3.47 % (since I started: +88.49 %)

$VWRL (+0,38 %) +1.79 % (since my start: 68.46 %)

$VUSA (+0 %) -0.32 % (since my start: 56.83 %)

$IMEU (+0,54 %) +3.92 % (since I started: 84.27 %)

As in the previous month, things are continuing to go up for me, while the USA is faltering. 🤗

Data marked with "since my start" is valid since 31.05.2020.

Key risk figures

Here are my key risk figures for the reporting month:

Maximum drawdown:

since inception: 17.17

Month under review: 0.87

Maximum drawdown duration:

since inception: 702 days

Month under review: 14 days

Volatility:

since inception: 28.36

Month under review: 2.02

Sharpe Ratio:

since inception: 0.41

in the month under review: 27.72

Semi-volatility:

since inception: 21.07

month under review: 1.48

The maximum drawdown of 702 days since the beginning still reminds me of the intensive phase between 2022 and 2023 before the big recovery began. In February, the drawdown was absolutely negligible at just 0.87 %. This clearly shows how stable my portfolio currently was in the icy wind.

My Sharpe ratio is particularly striking this month, having shot up to 27.72. Even if this is of course an upward statistical outlier, it reflects the extremely positive performance combined with very low volatility. Since the beginning, the Sharpe ratio has been a solid 0.41. This means that for every unit of risk, I continuously collect returns above the risk-free interest rate.

Volatility in February was extremely low at 2.02% compared to the 28.36% since the beginning. Even the semi-volatility was only 1.48 %. For me, this is a clear signal: although my portfolio fluctuates minimally, the actual risk of loss remains at a very low level.

What is the conclusion for this month? The confirmation of my strategy: think long-term, let the automation run like clockwork and use the time for new projects. February was a month of stability and growth. This is exactly how it should continue!

Outlook

After setting the course in February, March will be a month of implementation. The provisions for the advance lump sum have already been successfully transferred to the markets. I will transfer a small refund still to be expected to the markets in March, and perhaps I will also be able to look forward to another bonus, which will also be invested. If you want to know which individual stocks are particularly in focus this month, then stay tuned! 😊

When it comes to AI, I will of course keep my finger on the pulse. NotebookLM in conjunction with Gemini has become an absolute game changer for me. It's easy to create a clickable dashboard from prepaid sources that come together in a table, turn your own monthly statement into an audio DeepDive, or get to know completely new metrics that are wonderfully explained. There's still so much to discover when it comes to AI and this forward momentum drives me to make the most of the new technical possibilities and further automate my workflows.

As in the previous month, I'll end this review with a political topic that doesn't really belong here. Nevertheless, I would like to use my small reach to draw attention to an important event. In February, there was an impressive mass demonstration by Iranians in Munich. It was absolutely peaceful. The participants collected their garbage and played our anthem out of gratitude and humility. They thanked the police, not only with words but also with roses. There were no riots and no damage to property. That is absolutely impressive and I think you appreciate that as much as I do.

The word free appears in my branding. Even if it's in a different context there, this little word is my personal concern this month. We can be glad that the exiled Iranians live with us. They and the suffering of their compatriots remind us time and again how infinitely valuable our Western values of freedom, self-determination and democracy are.

In Iran, we are experiencing people who want so much to simply live in freedom like us. Free from religious oppression, free from violence and free from the indoctrination of hatred and terror. They want this so much that they even ask for intervention from the Americans and Israelis and advocate attacks on the regime's positions in their homeland. We have to understand that for them, the rocket fire and bombing is a much lesser evil than having to live in this Islamist hell for even one more day. We must understand that our Western values cannot be taken for granted and that we must take a stand now. An attitude towards our values and an attitude towards those who long for the end of this dictatorship. That is my most important learning for the past month.

I wish the people of Iran, who are still risking everything, that they will finally be freed from this criminal regime. They should finally get to know what is so commonplace for us: democracy, human rights (especially women's rights) and, quite simply, freedom. They deserve it after 47 years of oppression, violence and terror. I sincerely wish them all the best and all the happiness in the world on their path to peace and self-determination. 🍀

Thank you for reading. And now let's start the spring march! ☀️

👉 My related Carousel posts for the review will be published as follows.

08.03.2026: Portfolio review (Key performance indicators, share performance, allocation, sectors, additional purchases and performance comparisons)

09.03.2026: Budget review (income, expenditure, cash flow, ratios, budget compliance and citizen's income check)

10.03.2026: Cash flow review [NEW!] (general, YTD and actual vs. target comparison for passive income, my top spenders, FIRE figure and capital reach)

📲 There are also currently three posts a week: @frugalfreisein. Instagram reels and YouTube shorts currently appear irregularly under channels of the same name, the same applies to videos.

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

👉 How do you personally feel the stock market year has started? (No investment advice!)

Good evening everyone,

here again something from the boring DDepot category :)

I have recently regrouped and have moved away from $QCOM (-0,11 %) & $WFG (+0,24 %) . The money that was freed up was invested in $MSFT (+0,11 %)
$V (+0,18 %) & $JPM (+0,06 %) as these are longterm positions.

With $QCOM (-0,11 %) I had hoped for a better short term outlook, but this was not really fulfilled, so the money went into $MSFT (+0,11 %) flowed into

With $WFG (+0,24 %) I got rid of one of my first positions, which I entered at a pretty bad time, which is why I got out with a slight loss. However, I may get back in again when the raw material wood recovers cyclically and demand in house construction increases - I had actually speculated on this, but it seems to be taking a while yet.

Hopefully the loss pot has had enough for now and I'm constantly learning :)

A savings plan is currently running $VWRL (+0,38 %)
$TDIV (+0,84 %)
$WGLD (+0,85 %) and $BTC (+1,09 %)

Some capital is still available, but I'm not really sure yet where or how I will invest it. The positions in $MSFT (+0,11 %) and $V (+0,18 %) I don't want to expand any further for the time being, unless it becomes cheap. I'm not sure whether the other stocks are worthy of being fed further, I might want to get another 2 shares in $ALV (+0,45 %) but they are currently quite expensive.

My WL currently contains things like

• $AMZN (-0,03 %)
• 
  $UNP (+0,17 %) (just become expensive again)
• $OTTR (+0,66 %)
• 
  $BLBD (+0,63 %)
• 
  $MAIN (-0,34 %) (just running down a bit again)
• $SJ (-0,44 %)
• 
  $TGLS (+0,05 %)

My portfolio is mainly focused on high-quality and boring companies, the aim is to generate cash flow from the outset and I want to feel comfortable with this. The investment horizon is basically long, >20-30 years, but I want to get something out of it now. Probably nothing for most people here, but I'm currently very happy with it. Let's see how the journey continues, I'll probably wait for the start of next week.

I'm always open to feedback, tips or stocks that fit in well here :)

Be able to invest a total of €3,000 this month. Of which €1,000 in the $TDIV (+0,84 %) and €2,000 in the $VWRL (+0,38 %) .

In January, only €750 could be invested in the $TDIV (+0,84 %) otherwise hotels were booked for the trip to Japan in April.

Depot stands today at: 159.000€

Be able to invest a total of €3,000 this month. Of which €1,000 in the $TDIV (+0,84 %) and €2,000 in the $VWRL (+0,38 %) .

In January, only €750 could be invested in the $TDIV (+0,84 %) otherwise hotels were booked for the trip to Japan in April.

Depot stands today at: 159.000€

Hello folks 💁‍♂️

I wanted to introduce myself again

The last time was almost three years ago.

Since then I've been reading along and have learned a lot, even though I'm currently pursuing a slightly different strategy... I've learned a lot about dividends and many interesting companies that I would concentrate on if my strategy doesn't work out. And since the topic often came up here in recent weeks that there is too little added value and always the same posts, I sat down and summarized my strategy. But let's start with the background :)

Background:

I've been invested in BTC since I was 15 and took part in my first full cycle. At that time I observed the phases, but never touched my BTC position according to the classic HODL HODL principle.

(I am now 19)

In advance:

In the strategy I explain how I want to approach the coming cycle.

I am aware of the risk but am prepared to take it as I am still young and hope you can take something away from the following description ;)

1 Portfolio architecture

Core BTC

- 40-60% of my BTC position

- No rotation

- Always stay in the market

Why?

As a hedge in case the 4 year cycle is broken and we have a "supercycle"

Growth Layer

- Remaining $BTC (+1,09 %) Position

- Satellites (e.g. MSTR, Solana) max. 10-15 % of the portfolio value

- Source of return for later rotation

Why?

Historically outperformed $MSTR (+0,65 %) and $SOL (+0,89 %) from bear market bottom to ATH Btc (i.e. as a small booster)

However, this layer will be fully reallocated to the value layer (as described later)

Value Layer

- $VWRL (+0,38 %)

- Cash position/ call money account

- Gold

Why?

Mainly as a store of value in hype phases and long-term risk minimization

2 How do I want to time the market?

I have looked at the following indicators to make it easier to assess which market phase you are in.

- Distance to the 200WMA

- Funding rates

- Open interest

- BTC dominance

- Weekly RSI

- Fear & Greed Inedx

- Drawdown from last major high

(Since it would be time-consuming to re-evaluate the data every week, I have commissioned a Ki agent to evaluate the data for me on a weekly basis. And then use the data to divide the current price into the following phases)

Phase 1 - Accumulation phase

Signs:

- Price 0-30 % above 200WMA

- Fear & Greed low

- Funding neutral or negative

- Dominance stable or rising

- Drawdown 30-50 % from last ATH

Action?

In this phase, I am buying more BTC and place a monthly limit order 5% below the price at the beginning of the month

But since it can go lower, I continue to build up the FTSE position at the same time in order to be liquid in the event of another drawdown...

Phase 2 - Possible bottom phase

Signs would be:

- 55% drawdown

- Price close to or below 200WMA

- Negative funding

- And you hear "BTC is dead" again 🤡

Action:

- Savings plan completely on BTC

- Additional staggered limit orders

- Partial rotation from FTSE into $MSTR and $BTC

Phase 3 - Recovery

Typical:

- 30-100 % above 200WMA

- RSI >60

- Funding moderately positive

- High volatility

When?

Mostly before halving 2028 and post halving

Action:

- Reduce BTC savings plan slightly

- Savings rate on $VWCE higher again

- No capital rotation yet

Phase 4 - Overheating

Typical:

- 100% over 200WMA

- Funding high

- Open interest rising sharply

- Fear & Greed >75

- Dominance begins to fall

Action:

- First tranche Growth → Value Layer

- Reduce $MSTR first

3 Capital rotation rules (hit ATH)

Trigger 1

- 3-4 parabolic weekly candles

- High funding rates

- Retail hype (Google Trends etc.)

Action:

→ Rotate 15% growth layer into value layer

→ whereby $MSTR is reduced first

Trigger 2

- BTC dominance falls sharply (historically close to ATH as capital is rotated into ALTs)

Action:

→ further 20% rotation into value layer

Trigger 3 - Euphoria phase

- Supercycle narrative

- Strong media presence

- Exuberance in the market

Action:

→ Rest from growth layer to value layer

Reload system (bear market 2031+)

Drawdown measured from new major high.

-30 % → first tranche back in $BTC (+1,09 %)

-45 % → second tranche

- close to / below 200WMA → third tranche

And then the whole thing from the beginning :)

Conclusion

Core position remains in any case if we really suddenly break out of the cycle...

@stefan_21 presented an exciting opportunity for this yesterday ;)

I hope it has somehow become comprehensible, I am not yet so experienced in writing...

I'm looking forward to your opinion 😉

Our puppy has been walking by our side for almost a whole moon cycle now - a little companion who brings light, chaos and new paths into our lives 🐾🌙.

As my B.Sc. in Economics draws to a close, the lines of my investment strategy are also beginning to shift...

as if the stars themselves had changed their constellation ✨🔭.

At Scalable Capital, I'm erecting a protective shield for upcoming vet costs - a silver wall to protect us from life's unpredictable storms 🛡️🌫️.

Pet health insurance isn't worth it yet, so my own reserve is growing there, guarded like a treasure in an old chest.

Plus two faithful companions:

$VHYL (+0,68 %) , the global dividend earner 🌍💸,

and $O (+0,41 %) , the moon priest of monthly distributions 🌕🕯️.

My goal: €5,000, anchored in the ground like a rune stone that won't break even in winter 🪨❄️.

My "nest egg deposit" rests at Trade Republic - a silent guardian that only wakes up in real crises ⚔️🌑.

There flow $VWRL (+0,38 %) and again $O (+0,41 %) reinforced by the 2% interest that seeps into the reserve like drops of pure mana 💧🔮.

And yes... the odd individual purchase has crept in there like a mischievous forest spirit at dawn 🧝‍♂️🌫️.

At my house bank, the $SPYY (+0,41 %) as a core ETF - free of charge as long as I'm still under 31, like a gift from the old gods 🎁🌤️.

Soon to be joined by the $VHYL (+0,68 %) which brings me global dividend streams, like a river that doesn't freeze even in the depths of winter 🌊❄️.

Some dividend stocks are to follow; the runes have not yet been interpreted.

But $DTE (+0,33 %) calls out like a beacon in the fog with its tax-free dividend 📡🔥✨.

Despite possible criticism from the shadows, I have chosen two ESG funds from Union Investment for my godchildren.

Not every path is the same, and sometimes you follow the star that only shines for you ⭐🧭.

My long-term goal remains as clear as the North Star over a quiet winter's night:

That all these small but steadily growing savings plans will one day pay for themselves - through interest, dividends and the unstoppable force of time.

A cycle that feeds itself 🔄🌌.

A wheel that keeps turning 🛞✨.

A fortune that grows like an ancient world tree, deeply rooted and yet striving towards the sky 🌲🌠.

Your DividendWeiser