After ending March as one of my worst months on the stock market, despite the recovery at the end of the month, April was able to make up some ground. Unfortunately, a large part of the recovery, which peaked in mid-April, was sold off again, but we are also satisfied with the small successes... 😉

But let's take a look at the figures!

👉🏻 March:

Start: 1,330,246 euros + 9,843 cash

End: 1,373,005 euros + 56.20 cash

Deposit: 4,100 euros

Profit: +28,872 Euro (+2.15%)

A large part of my portfolio is still tied up in K92 Mining and Equinox and is therefore dependent on the development of the gold price. The overall political situation remains volatile, which is why I expect a volatile recovery and or sideways movement in the near future - but I remain positive in the long term.

For me, the following factors continue to speak in favor of a gold investment:

(1) Increasing (geo)political uncertainties

(2) Deficit spending in large parts of the world (especially Europe / USA)

(3) Resulting inflationary tendencies

In April itself, there were only minor changes / profit-taking in my portfolio. I was able to take small profits on Western Union $WU (-3,17 %) Fuchs Petrolub $FPE (+0,46 %) and Ubisoft $UBI (+0,88 %) which I then reinvested directly (including in TUI $TUI1 (+1,2 %) and Xiaomi $1810 (+10,02 %) .

The dividend season is also slowly gaining momentum. In April, I was able to record a total of around 2,000 euros in dividends. In May, I'm already looking to double that with 4,000 euros and in June I'm even expecting 16,000 euros. At least that's something to look forward to... 😊

Otherwise, there is unfortunately some negative news for my Euro Sun Mining $ESM (+0 %) speculation. After rising by over 100% within a very short space of time on the back of positive news, we are now actually in the red. The reason for this is the political situation in Romania and the virtual disintegration of the government. It is currently unclear whether a corresponding national law will be passed, which will make it possible to apply for a permit. Nobody knows when and if it will be passed at all. Of course, the investment case stands or falls with this. But that is the price in this sector. Personally, I'm also factoring in a possible total loss (even if I hope it doesn't come to that...) 😅

➡️🆓: On my way towards 4 million total assets, the target achievement level is now 44.27%.

Here's to good stock market trading and enjoy the holiday! 😊

First things first. I hope you all had a peaceful Christmas season and were able to spend a few lovely days with family and friends! 😊

Even though December isn't quite over yet, I'd like to give you a quick update on the past month before the new year and take a brief look at the performance since I started at getquin in September.

👉🏻 December:

Start: 1,253,497 euros + 19,000 cash

End: 1,336,908 euros + 400 cash

Deposit: 3,000 euros

Profit: +61,811 euros (+4.86%)

As in previous months, the portfolio benefited from the continued strength of gold in December. The overweight in K92 Mining ($KNT (+0 %)), Equinox Gold ($EQX (+2,61 %) ), B2Gold ($BTO (+3,12 %) ) and, more recently, Euro Sun Mining ($ESM (+0 %) ) has contributed significantly to the good performance. My sale of SantaCruz Silver ($SCZ) (+7,6 %) in November, on the other hand, unfortunately proved to be an expensive mistake. I lost 50% of my profit, but as you know, you're always smarter afterwards and who could have guessed that silver would go through the roof like this.

Otherwise, not much has changed in my portfolio. I have now fully reinvested the 19,000 euros in cash. Among other things, I have taken an initial position in Vonovia ($VNA (-0,21 %) ) and Zalando ($ZAL (+4,12 %) ). I have also added some Ubisoft ($UBI (+0,88 %) ) and Fuchs Petrolub ($FPE (+0,46 %) ). I only took profits on Puma ($PUM (+2,17 %) ) and significantly reduced my position here when the share price was driven up again by takeover rumors.

As already mentioned, an extremely successful stock market year 2025 comes to an end tomorrow. The performance alone since I started with getquin in September has left me surprised. I wish every year was like this, but ... well. It will probably remain a pipe dream, but I'm all the happier for it! 😊

👉🏻 September - December:

Start: 1,022,339 euros

End: 1,336,908 euros + 400 cash

Return (adjusted): +235,305 euros (+21.39%)

A large part of the performance is of course due to (mainly unrealized) price gains, especially in my two largest positions (K92 Mining and Equinox), which now have a very high impact on the overall performance due to their size. However, other trades have also played their part. For 2025 as a whole, I expect to generate around EUR 115,000 in realized capital gains. Of this, around EUR 20,000 is attributable to dividends received, EUR 20,000 to trading profits with K92 Mining and other various gold/silver mines and around EUR 75,000 to the remaining shares (e.g. Alibaba, Xiaomi, Volkswagen, Porsche, 1&1, Ceconomy, etc.), to name just a few.

I am aware that the main ingredient for such a performance is luck (or inside information). Since I don't have the latter, let's agree on luck... 😉

For this reason, I am setting my targets for 2026 correspondingly lower. My main goal is always to receive around 5% of my assets in the form of investment income. Based on today's values, this would mean a range of 70,000 - 90,000 euros. I no longer set myself a target for my total assets. Although my salary can be planned, it is of secondary importance in the overall picture and, as we all know, you can't plan for price gains on the stock market... 👍🏼

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 44%. 😊

So, enough chatter. I wish you all a happy new year, happiness, satisfaction, health and, of course, success on the stock market in 2026! 🍀

Enjoy the quiet time! I'm off for 3 weeks in the sun and then I'll see you again at the end of January!

See you in a few days! 😊

+++Summary of earnings this morning, 30.07.+++

$BP. (+0,28 %) achieves an EBIT (adjusted) of $5.41 billion (analyst forecast: $5.52 billion) and a net profit of $2.76 billion (forecast: $2.69 billion) in Q2. The dividend for the 2nd quarter is expected to be 8 cents per share (forecast: 7.8 cents). BP plans to buy back shares with a volume of $3.5 bn in the second half of the year.

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Redcare Pharma $RDC (-1,07 %) achieved sales of €560.67 million in the 2nd quarter (previous year: €419.9 million) and EBITDA (adjusted) of €15.04 million (previous year: €13.25 million). A net profit of €12.57 million (previous year: -€14.4 million) was reported in the first half of the year. Outlook confirmed.

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Fuchs $FPE (+0,46 %) achieved sales of €1.76 billion (previous year: €1.82 billion, analyst forecast: €1.76 billion), EBIT of €218 million (previous year: €200 million, forecast: €217.6 million) and net profit of €155 million (previous year: €141 million) in the first half of the year. Outlook confirmed.

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Covestro $1COV (+0 %) achieved sales of €3.69 billion in the second quarter (previous year: €3.72 billion, analyst forecast: €3.69 billion), EBITDA of €320 million (previous year: €385 million, forecast: €311 million) and a net result of -€72 million (previous year: €46 million, forecast: €14 million). In the outlook for 2024, Covestro is adjusting its forecast and now sees free operating cash flow of -€100 to +€100 million (previously: €0 to €300 million, analyst forecast: €173 million) and EBITDA of €1.0 to €1.4 billion (previously: €1.0 to €1.6 billion, forecast: €1.25 billion).

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Heidelberg Materials $HEI (+1,33 %) achieved sales of €5.51 billion in Q2 (previous year: €5.58 billion, analyst forecast: €5.55 billion) and EBIT (adjusted) of €971 million (previous year: €931 million, forecast: €981 million). Outlook for 2024 confirmed.

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Fresenius Medical Care $FME (+1,1 %) achieves sales (adjusted) of €4.74 billion (previous year: €4.74 billion), operating income (adjusted) of €433 million (previous year: €400 million, forecast: €433 million) and net income (adjusted) of €207 million (previous year: €176 million, forecast: €201 million) in the second quarter. Forecast confirmed.

Hello dear investors,

maybe I am missing something, but what is the difference between the two stocks below:

Are they the A and B shares?

$FPE (+0,46 %)

$FPE3 (+0,32 %)