I've never posted this here before, because my portfolio is actually always publicly viewable on my profile—but now I'd just like to introduce my portfolio.
Please note: This is a dividend-paying portfolio! The goal is to receive monthly dividends to supplement my income. A secondary goal is medium- and long-term capital appreciation, but at a minimum, to offset inflation (though, of course, I’d be happy with significantly more). The portfolio aims to avoid excessive volatility so that, in the event of a liquidity crunch (if necessary!), I can liquidate positions without taking too much of a hit during market downturns.
Background: I’m 51 years old, married, and have two children aged 7 and 9 (their investment accounts aren’t shown here). I haven’t been actively working for about two years—I only take on occasional real estate projects that interest me. I’ve sold my small business, and I don’t receive a statutory pension. Our primary family income consists of rental income and my wife’s modest salary.
The portfolio (as I see it): I have a “core” consisting of an actively managed fund from Fürstlich Castell’sche Bank (which is essentially their asset management service for “less affluent clients”) combined with the $TDIV (+0,17 %) (dividends and conservative growth) and $WINC (-0,34 %) (boosted dividends via CC). Below that are individual stocks that either pay high current dividends or offer reasonable dividend growth. With $WAWI (+2,61 %) and $MPCC (-0,28 %) I have a few riskier shipping companies in my portfolio (you’ve got to have a little fun, after all) and, as small-cap picks, a few exotic stocks—also with a focus on dividends (I’m still working on expanding the position sizes here to at least 5,000 each).
Why a fund and not an ETF as the largest position? Well, that’s a separate issue. This is my primary bank, which I use mainly for my real estate financing. I’ve had the same account manager there for 25 years, who can make decisions with virtually no consultation. That’s worth its weight in gold, which is why I can’t evaluate this holding based solely on the TER.
Important note: I invest primarily in real estate; this portfolio accounts for only about 14% of my total investments. The rest consists of rental properties. So I have an extremely high weighting in real estate; the overall allocation could probably be described as ultra-conservative. Here are the key figures for this asset class: total market value of approximately 6.5 million euros, outstanding loans of approximately 1.4 million euros, annual net rental income of about 275,000 euros, 56 residential units (mainly in Leipzig)—and a few more are being added right now.
I look forward to your feedback—perhaps you have suggestions on how you would further develop this portfolio given my situation.
