My path to my goal:
My securities account has just cracked the €30,000 mark. What looks like a round sum is the result of a tough decision: I radically restructured my portfolio and sold 58 individual shares in order to focus on the essentials.
Why I sold 58 shares:
My portfolio used to consist of a "zoo" of over 50 individual stocks. But I have learned two things:
Time is money: as a shift worker, my time is precious. Tracking 50+ companies, reading quarterly reports and following the news was pure stress.
Focus beats dispersion loss: Many individual stocks neutralized each other. I wanted to move away from being a "hobby analyst" and become a strategic investor. The sale was the liberating blow to swap complexity for efficiency.
My strategy: the "two-pillar model"
I now invest stubbornly and automatically in two highly efficient ETFs:
Vannguard FTSE All-World (Growth): My engine. Maximum world diversification. This is where I build the foundation for my assets.
L&G Quality Dividend (cash flow): My harvesting machine. This is where I secure a growing monthly cash flow that shows me today that my money is working for me.
My goal & outlook:
My current interim goal is to reach €40,000 by the end of the year. In the long term, I plan to save until I retire in 2048.
Savings rate: 500 to 1000 euros per month
1,000 is paid into a fixed deposit every month, covered by my basic salary.
The turbo: Every allowance from my shifts is invested to shorten the time to financial freedom.
The vision: At some point, I will shift the weighting in favor of cash flow in order to live off the dividends.
My motto: While others are still pondering the perfect individual share, I am already invested. The market never sleeps and neither does my portfolio now.
