As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/qwz6dsaeNi4?si=uQ4zQHw4NJjDUFFf

Monday:

$MCD (+0,5 %) McDonalds delivers surprisingly poor figures. In the USA, sales fell by 1.4 % in the 4th quarter; experts had only forecast a fall of 0.4 %. Adjusted profit also fell by 5 % to USD 2.04 billion. However, McDonalds grew worldwide and surprised analysts positively.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/fastfood-mcdonalds-mit-ueberraschend-hohen-einbussen-im-us-geschaeft/100106947.html

Tuesday:

Turnover at the French luxury goods conglomerate $KER (+1,01 %) Kering declines significantly. The main reason for this is weak figures at the Italian subsidiary Gucci. Overall, turnover fell by 12% to 17.2 billion euros in 2024. The slump in consumption in China in particular is weighing on earnings. However, Pinault is seeing the first signs of recovery from China.

https://www.handelsblatt.com/unternehmen/industrie/geschaeftszahlen-im-newsblog-tui-erwirtschaftet-hoeheren-gewinn-jahresziele-unveraendert-/24098412.html

Wednesday:

$TMV (+1,21 %) TeamViewer shines with strong figures and is optimistic. Double-digit growth is planned again from 2027. The Göppingen-based company aims to generate sales of one billion euros as early as 2028. On balance, Teamviewer generated a profit of 123.1 million euros in 2024.

https://www.t-online.de/finanzen/boerse/ticker/teamviewer-will-mittelfristig-zurueck-zu-zweistelligem-wachstum/0DB4980021007F08/

US inflation data is somewhat hotter than expected, causing the markets to slump. Experts were expecting an inflation rate of 2.9% for January, which turned out to be 3.0%.

https://www.handelsblatt.com/finanzen/geldpolitik/verbraucherpreise-us-inflation-steigt-im-januar-ueberraschend-auf-drei-prozent/100106814.html

$CSCO (-0,55 %) Cisco raises its forecast and exceeds sales expectations. The reason for this is the high demand from companies for AI infrastructure. This is one of the reasons why Cisco is also increasing its dividend.

https://www.ariva.de/amp/ki-boom-hilft-netzwerkausruester-cisco-11534732

Thursday:

The world's largest and probably most controversial food company is growing again. $NESN (+4,08 %) Nestlé is planning a dividend increase. Sales increased by 2.2 % excluding exchange rate effects. Profit fell by 2.9 % to 10.9 billion Swiss francs.

https://www.nzz.ch/wirtschaft/nestle-waechst-wieder-aus-eigener-kraft-ld.1870435

Friday:

The US economy 🇺🇸 suffered a double setback in January. Retail sales and industrial production were down. Retail sales fell by the most in two years. This was due to the low temperatures and customs duties. Industrial production fell, as economists had expected. The production of motor vehicles in particular was responsible for the decline.

https://de.tradingview.com/news/invezz:f6400bd08600c:0/

These are the most important dates for the coming week:

Monday: 00:50 GDP figures (Japan)

Wednesday: 20:00 FOMC minutes (USA)

Thursday: 08:00 Producer prices (DE)

Can you think of any other dates? Write it in the comments 👇

#bip
#japan
#fomc
#erzeugerpreise

$NESN (+4,08 %) After the Hyundai disaster, I was able to sell Nestle ADR with a 7% profit after the last price increase. $NSRGY (+4,01 %) Nestle ADR. Maybe I'll get back in when Swiss shares are tradable for me again, but the latest figures from Nestle didn't convince me either (dividend increased despite less profit and debt, I don't like this decision) and the price increase surprised me. But of course it's good for me.

Hi folks,

in the last few weeks I have bought shares in $NESN (+4,08 %) and $NOVO B (+5,32 %) and thus cracked the first 10k.

Now I would like to add another ETF to my savings plan in addition to Msci World.

At the moment, however, I'm still quite undecided as to which one it will be.

Do you have any suggestions?

experience - e.g. I would take this one again

or

that was actually a bad decision!

Thanks in advance!

Hello Community,

Today I'd like to discuss my somewhat confusing use of various brokers. Maybe one or the other can give me some support here.

Consorsbank

I started investing a few years ago when I was still living in Germany. I used a well-known but rather expensive broker ( #consorsbank ). ETF savings plans are partly free here and I use the $XDWD (-0,98 %) (TER 0.19%) as well as the $XMAW (-0,98 %) (TER 0.25%). These 2 ETFs are deliberately separated, as the latter is backed by another cash inflow, the increase in value of which I would like to view separately (rent of a paid-off rental apartment).

However, historically, one-off purchases (order costs: 10 Euro + 0.25%) and savings plans (order costs: 1.5%) some individual positions such as $GOOGL (-2,28 %) , $MC (+0,4 %) , $META (-1,11 %) , $SHEL (-1,69 %) , $BATS (-1,84 %) , $INTC (-4,07 %) or $ASML (-0,72 %) . So a colorful portfolio without focus (e.g. growth or dividends only, USA only or other).

Current account is required at Consorsbank and therefore not closed, custody account not absolutely necessary.

SaxoBank

I moved to Switzerland almost 4 years ago and initially invested here via DeGiro, but due to the cost reduction I switched to SaxoBank and actually closed DeGiro completely. Order fees of 1$ + 0.08% for American shares. European ones are usually 3 Euro + 0.08%. However, the stamp duty which applies to all brokers in Switzerland (0.075 Swiss stock exchange, 0.15% foreign stock exchange).

ETFs continued to be saved via Consorsbank. Individual shares (apart from a few small savings plans) from now on with SaxoBank. This applies to both new and existing positions ($GOOGL (-2,28 %) , $INTC (-4,07 %) , $MSFT (-1,57 %) , $AMD (-2,29 %) , $NESN (+4,08 %) or $NOVO B (+5,32 %) )

No trading with fractional shares possible! Complete transfer from Consorsbank to SaxoBank therefore not possible!

InteractiveBroker

Via Getquin, as well as via a mentioned Reddit group for Swiss finance, I came across the possibility to invest very cost-efficiently with #ibkr which specifically offers the possibility to invest in American ETFs (e.g. $VT (-0,96 %) or $VOO (-1,28 %) ), which are not only significantly cheaper (TER 0.07%, or 0.03%), but are also tax-exempt due to a tax treaty between #usa and the #schweiz bring tax advantages.

The order fees are incredibly low (0.0035 USD per share) and, as it is not a Swiss broker, there is no stamp duty! Accordingly, another 0.15% (0.075 for Swiss stock exchange) less compared to SaxoBank! Another strong argument is that I can transfer money free of charge from my German bank #euro as well as from my Swiss bank #chf free of charge. However, I would not like to put everything on one card/broker. I haven't invested in IBKR yet, but I'm wondering how I should best divide up my brokers.

Trading with fractional shares is possible and therefore also a portfolio transfer from Consorsbank.

Quick side info:

My wife has her own account with Consorsbank (before moving to Switzerland) and #degiro her own custody account, which doesn't make it any less complicated.

Summary:

Consorsbank:

ETFs plus shares available, high fees for shares, fractional shares possible, based in Germany

SaxoBank:

Shares available, low fees but stamp duty, no fractions of shares, domiciled in Switzerland

IBKR:

nothing available yet, very low fees, no stamp duty, deposit Euro & CHF possible, American ETFs like $VT (-0,96 %) fractional shares possible, domicile in the USA (or UK for Swiss investors).

Questions:

a.) In future ETF, e.g. $VT (-0,96 %) with IBKR?

a2.) If yes, liquidate existing ETFs and reinvest in American ETFs?

b.) Transfer portfolio, especially Consorsbank?

b2.) If yes, how to divide between SaxoBank and IBKR? Only IBKR?

c.) Are there major risks with IBKR (based in the USA/UK?)

2024

Portfolio value (performance neutral)

Target 52 000€ -> +18 000€

Achieved 62 300€ -> +28 300€

Target 2025 -> 77 000€

Gross dividend

Target 1000€

Achieved 1018€

expected 2025 -> 1290€+

Daily allowance

Target 12 000€

Reached 13 300€

I would like to reach €15,000 by the end of 2025.

As I have an annual commute of 22,000 km, I'll have to buy a new car in 4 - 5 years' time if my current one no longer works.

In addition, several positions were sold in Q3 - Q4 ($O (+1,37 %)
$BATS (-1,84 %)
$SIX2 (-0,48 %)
$ARCC (+0,18 %)
$CVS (-2,18 %)
$UNP (-0,01 %)$NESN (+4,08 %) ) and the focus was also placed on higher growth and dividend growth.

In principle, I have nothing against $UNP (-0,01 %) but I see the growth opportunities at $CP (-0,67 %) higher as well as a higher profit margin as soon as the acquisition of Kansas City has been optimally integrated into the company in order to work more efficiently.

The year 2024 is over in stock market terms and I would also like to review the year.

I started with a portfolio value of just over €53,000.

I knew that a reallocation of around €20,000 was still to come and had therefore set my sights on the target of €100,000.

This was very ambitious, as I naturally didn't know what the year would bring. After all, there were already enough economic and political uncertainties at the start of 2024.

As I only really started investing in 2021 and 2022 was therefore my first full year on the stock market, I made a lot of mistakes at the beginning, had fluctuations in my strategy (once one was in place) and of course also made a few losses.

That's why it was important for me to stay true to my strategy in 2024 and not throw everything overboard again. Because, as I always say, going back and forth empties your pockets.

Some of you may also remember my early days, when I had a lot of savings plans in place, but they weren't particularly high and were constantly being changed. At the beginning of 2024, my portfolio contained a total of 47 individual share positions and 3 ETFs.

My goals for 2024 were therefore

• Stay true to the strategy
• No new stocks in the portfolio, rather clear out
• 100,000€ portfolio value
• 2000€ net dividend
• Investment of €17,000 (without reallocation)

2024 went as follows for me:

January: +4.0%

February: +1.3%

March: +3.0%

April: -0.4%

May: +0.5%

June: +1.7%

July: +1.7%

August: +0.9%

September: +1.0%

October: -0.4%

November: +3.4%

December: -1.7%

TTWROR 2024: +15.8%

Dividend (already in the performance): € 1956.56

Invested: €24,900

Reallocation: €21,700

Thanks to a special payment from my old employer, to which I was still entitled, I was surprisingly able to invest around €5,000 more than I had originally thought.

Did I achieve my goals?

Not all of them.

With the dividends, I'm ~€43 below my target. That's a shame, but it motivates me to step on the gas even more and crack the €2400 net dividend in 2025. That would be €200 net per month, which corresponds to an increase of 22.66%. Again, very ambitious, but you should set yourself ambitious goals.

However, I was already able to break the €100,000 barrier in September. This was of course due to the strong market. I ended the year with just over €111,500. I have remained true to my strategy, but a few new stocks have slipped into the portfolio (and a few out).

The cheering contribution to the €100,000 was here:

https://app.getquin.com/de/activity/XGtdQzCdYF

New in the depot:

$NESN (+4,08 %) Nestle

$CTAS (-0,09 %) Cintas (savings plan)

$RACE (-0,5 %) Ferrari

$D05 (+0,91 %) DBS

$UNH (-6,94 %) United Health

$V (-0,16 %) visas

$CSNDX (-1,63 %) Nasdaq 100 (savings plan)

$XEON (+0,01 %) As an overnight money substitute for fixed planned money for loan repayment in 6 years or special repayment if the interest rate on the balance falls below the loan interest rate of 0.75%. Is topped up with special payments from the employer during this period.

Left my securities account:

$AAL (-0,25 %) Anglo American PLC (+37%)

$IBM (-0,47 %) (+26%)

$BAC (-0,56 %) Bank of America (+45%)

$UKW (-0,76 %) Greencoat UK Wind (0 to 0 due to dividends)

$SBUX (-0,91 %) Starbucks (+10%)

$BIGG (-0,98 %) Bigg Digital Group (-95%)

Unfortunately, I sold IBM and Bank of America too early, but I am still satisfied.

What else has happened?

• I bought Bitcoin from TR to estimate the costs. Conclusion: savings plan is always around 3-4% higher. Not worth it, if at all then individual purchases
• Weingut Dürnberg: First dividend received and prospects look reasonable. Depending on how the grape harvest turns out next year, a dividend will be paid again and investments can still be made.
• The conservatory and paving the courtyard are done. The house construction is more or less finished, everything else will take time and are small things, but now I have to start saving again as I only have a small nest egg and my deposit. All other funds have been used up as the costs were twice as high as originally planned.
• Podcast with @Koenigmidas is running rather slowly this year due to personal time constraints. You can find the latest episode here: Link zur Folge (also available on Amazon)

Outlook for 2025

So what are my plans for 2025 in terms of finances?

• Investment of €15,000
• Net dividend of €2,400
• One slightly greater focus on high dividend stocks (e.g. to increase $HTGC (-0,77 %) to increase the cash flow a little faster)

What are your targets for 2025? Did you reach your 2024 targets and to what extent did you change your targets after reaching (or not reaching) your 2024 targets?

Feel free to let me know in the comments, as I always find it very exciting to see how ambitiously others set/change their goals.

I wish you a good start to 2025 and every success with all your plans and goals.

As with everything, of course, if you're not interested, feel free to keep scrolling and/or use the block function. 😊

I have now decided in favor of $NESN (+4,08 %) as the Group is already the market leader in the food sector and the P/E ratio is already very attractive. And since it's a Swiss company, it's easier because of the taxation. I also reached a milestone shortly before the end of the year, breaking the 20k mark. Now it's time for the holidays🥳

I wish you all happy and peaceful holidays. Maybe someone will get some shares as a Christmas present 😅

After the interest rate cuts, will dividend stocks win the race in 2025?

Dear stock market players and dividend pearls.

Where will you invest after the interest rate cuts? Bonds!

Or like the Swiss, did you know they have a key interest rate of 0.75%, or dividend favorites and aristocrats:

$LISN (+1,9 %)

$SIKA (+1,26 %)

$STMN (-1 %)

$TECN (-0,46 %)

$GIVN (+0,23 %)

$NOVN (+1,73 %)

$ROG (+1,31 %)

>4% yields are:

$BALN (-0,22 %)

$SCMN (+0,86 %)

$NESN (+4,08 %)

$$