My pensioner custody account

Gordon@GordonGecko_official

2Semana

@tjwr
I won't have an abundance of money 😂
But I have fallen on my nose several times with partial sales (keyword FIFO). This has a permanent impact on my return and so I have opted for the dividend option.

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2Semana

@tjwr You're a real crash prophet, when will the next one come?

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Eggplant@Eggplant

2Semana

@Epi From my point of view, what you have written only makes sense if the dividends were not reinvested.
Otherwise you are destroying your own argument that dividends are value-neutral.

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Ver todas las 3 respuestas adicionales

2Semana

Respect! The best example that you don't have to sell your shares in old age to live off them. 🔥

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2Semana

@Max095
Thank you very much. I had been thinking about a removal strategy for a long time. I like it better this way too.

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2Semana

@Lawikhan Why should you, you have a really strong cash flow 😊and it's certainly fun to actively trade on the stock market.

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2Semana

Dear all, I am currently asking myself a question, dividend 40000€ + 9000€ price gain = 49000€ that makes a return of approx. 8.6% on 567000€. Wouldn't it make sense to continue to focus on growth and performance and take the money he needs from the price gains and the smaller dividend? He could further increase the value of the portfolio with growth stocks. 567000€ with a 15% return is already 85000€, even if he takes out 40000€ here, 45000€ will remain in the portfolio and ensure an increase in the portfolio next year. (The only danger would be a bear market) What do you think of the strategy? @Max095

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2Semana

@Tenbagger2024 Thanks for your contribution. :) That also sounds like a sensible option. So you would have something from both worlds. (Dividends + price gains) It certainly also depends on Detlef's risk/reward ratio.

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2Semana

@Max095 Yes, that would also mean completely reorganizing the portfolio for him. But in general it would also be an approach for retirement provision not to switch to dividend stocks but to continue to focus on growth and to take a share of the price gains as a pension. I think this should be feasible for a sum of €500,000 or more.

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2Semana

@Tenbagger2024 You're right, I don't give it enough thought. Maybe it's also due to my age 🙈

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2Semana

@Max095
Your strategy of focusing on growth is very good. You are very knowledgeable about the stock market. That's why I still see you at the top.

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2Semana

@Tenbagger2024 Thank you very much for the kind words, I am very pleased. :)
However, I still see myself as a beginner and still have a lot to learn from people like you!

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2Semana

@Max095
I'm more of a shy person. I've already sunk a lot of money into shares and left interest in Iceland before that. I also have a wife whose mother lost her retirement savings in the .com bubble, so her money is melting away in her current account with no interest. I am also cautious about the general world situation and am counting on setbacks.

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2Semana

@Lawikhan
Yes, you're right, maybe make a small second portfolio with a few long-running shares on the side

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2Semana

Congratulations and glad you made it. I think that the 40000 € is already a decent pension. However, if you don't need that much money as a pension, then I would rather continue to focus on performance and growth and perhaps also create a small growth portfolio.

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2Semana

@Tenbagger2024
Thank you very much. I don't trust the calculations and calculate more cautiously. I also don't want to be too greedy and am quite happy with the overall return on my ETFs. I can still spice them up a bit in the event of setbacks 😉

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Horsti@Horstiiii

2Semana

Really great depot. I'm working towards one of those too. 😄.
Will the 40,000 euros net dividend for 2025 fit?

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2Semana

@Horstiiii
Thank you and I wish you every success.
The net dividend will be significantly less. I'm expecting more like 30,000 euros.

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DerDanner@Therapeut

2Semana

@Horstiiii getquin usually calculates gross, then withholding tax and income tax are added💀🚀

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Gomerdoc@Gomerdoc

2Semana

There are so many shares in there that I would have a huge stomachache. $SZG, for example. Dividends are not everything. One mistake that is often overlooked is that a dividend yield of 1.5%, for example, may look lower than that of Salzgitter: but Salzgitter is a company that you have to be happy if it still exists next week. In any case, it can't plan for price gains. And that is its problem: the 2.xy% dividend yield always relates to the current share price. If the share price falls: there is usually less absolute dividend, and even if the share price does not rise: the "personal dividend yield" (and that is what really counts!) does not change.
Conversely, a stock that pays an average dividend yield of 1.5% and demonstrably increases its dividend yield continuously in percentage terms, but whose share price grows by 15% per year: has a personal dividend yield on the *invested capital* of significantly more than 1.5% in year two or three! Ultimately, you always have to look at the dividend paid out per share in relation to what you yourself paid for this one share at some point. And only the price gains provide this leverage.
Let me put it this way: my personal dividend yield of $MCD (first purchase date: 1985, if you have access to these long-term charts) is something I would rather not share publicly here....☺️

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2Semana

@Gomerdoc
Thanks for the feedback. I have $SZG in my portfolio not because of the dividend but because I believe in a takeover. Unfortunately I bought too early. I had expected more from the share price performance of some others, e.g. $TRMD A

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Silas@Bein-Godik

2Semana

What will you do with the Arero $HVJD in the future? I also have 305 pieces since 2018 and keep thinking about selling them

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Aktienmasseur@Aktienmasseur

2Semana

@Bein-Godik
I had also thought about selling when the share price trended rather negatively between 2021 and 2023. Only the high order fees at Consors kept me from doing so. If I look at the last 15 years, the return was also a good 9.8%. The low volatility is also not to be sneezed at.
The $HVID is no longer saved. It now serves as a kind of nest egg for me.

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Silas@Bein-Godik

2Semana

@Lawikhan Thanks to you. Somehow I'm attached to the asset because I started with it once. Similar to you :-)

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2Semana

Did you make a conscious decision in favor of dividends back then? And dealt with the tax disadvantages?

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Aktienmasseur@Aktienmasseur

2Semana

@Aktienmasseur
Initially, I took a two-pronged approach and only saw dividends as a source of motivation. Now, with advance taxation, the tax disadvantages of distributing ETFs have diminished. I'm now more reassured by the predictable cash flow, especially as I don't yet have a pension in my account and first have to learn to cope with less income.

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2Semana

@Lawikhan exciting! Dividends would not reassure me, as they are not mandatory and the amount can change at any time and you have to pay tax immediately without being able to control it optimally.

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Floriano@FlorianoPerlini

2Semana

I think I would have simply invested in it if I were you:

1. Vanguard FTSE All World - Mar, Jun, Sep, Dec

2. Global X Nasdaq 100 Covered Call - every month

3. HSBC Multifactor Worldwide - Jan, Apr, Jun, Oct

4. optional: Fidelity Global Quality Income - Feb, May, Aug, Nov

5. optional: Emerging Markets Bonds

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Aktienmasseur@Aktienmasseur

2Semana

@FlorianoPerlini
Thank you for the list. I already have some monthly payers in my portfolio and will continue to work on optimizing the even distribution. I also have the covered call. But the product has to prove itself in the longer term. The risk would be too great for me with emerging market bonds.

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2Semana

@FlorianoPerlini funfact you can also simply divide an annual dividend by 12. Where does the belief always come from that you need a separate distribution for certain months?

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1Semana

@Aktienmasseur When the dividend is consumed, it must be credited to the account promptly. While insurance policies are usually debited at the beginning of the year, energy costs are paid monthly. I like the dividend calendar at https://divvydiary.com/
The payout dates are clearly listed there.

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Peter@Beeferking76

2Semana

@Lawikhan Congratulations, nice income PF!
I would also use $JEGP for $JEPQ, I don't know if you can also trade $PBDC or $PFFA, both are very suitable if you like distributions.
Otherwise I also like $RITM and $VICI, and many covered call ETFs, some of which do without upside.
GLTA

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2Semana

@Beeferking76 Thank you Peter, also for the good suggestions. I already had $JEGP briefly in my portfolio and will add it again. I couldn't find $PBDC on TR but it's already on my watchlist. $VICI is also there. I'll have to see how I get on with less "salary" first.

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Peter@Beeferking76

2Semana

@Lawikhan $PBDC and $PFFA unfortunately difficult to trade because of Mifid II, I think
Hold these at Swissquote, as well as JBBB/JAAA and CLOZ
At TP there are still some CC ETFs such as $QQQI and $IWMIwhich have good distributions with relatively stable NAVs
Some CEFs at TP are also suitable for income investing: $BME $BUI $ASGI for example

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2Semana

@Beeferking76
Great suggestions. I'll investigate them in more detail straight away. Thank you.

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Peter@PJ1989

2Semana

How satisfied are you with your two covered call ETFs?

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Ver todas las 3 respuestas adicionales

2Semana

@PJ1989
I have only had both for a short time, but they are doing very well. As they are already well up, I'm only running one savings plan at the moment. I'm curious to see where they will go.

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Eggplant@Eggplant

2Semana

Although I am not yet retired, I would tend to do the following:
- Build up a cash position to have a cushion in the event of downward fluctuations
- For subsequent purchases, focus on distributing equity ETFs, as taxation is lower there ~18.5 vs. 26.375

I would probably choose a cash cushion of around 12*30% of your planned monthly distributions. This would allow you to compensate for a 30% drop in dividends for a year. The cushion doesn't have to be there from the start, but could also be built up slowly.

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Alex@nitroxx

2Semana

That's how I'd like it to be in 8 years' time when I'm ready for the dividends

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Dirk aus Stade@dirko68

1Semana

I would also include BNP Petrobas and India Fund in your situation. BNP Petrobas in particular is sure to pay big dividends, as Brazil is also invested and needs the money. I look at your portfolio with envy, because I certainly won't be able to manage it like that again. Pension too close and earnings too low.

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Bifge@Bifge

1Semana

It won't bring you more returns or dividends, but still: exchange the gold fund for real gold. Having it in your hand is a very nice feeling 😎👍🏻

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Tool1982@Tool1982

Respect, but I would stop investing in extremely cyclical stocks like shipping now at the latest and invest in anti-cyclical aristocrats or stocks with strong dividend growth. Or in dividend ETFs. I am a friend of high dividends, but the focus should now also be on consistency.

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Maksym@wealth_architect_177

horny guy you really invest since 2022 ... because 400-500k don't come by themselves or have bissle verebt ? :D

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