21H·

Invest the proceeds from the sale?!

Hello, I’ve sold my next property. I’d like to invest the profit as follows:

$TSWE (+1,04 %) 36k,

$VHYL (+1,04 %) 36K,

$ISPA (+0,91 %) 36K,

$JEPQ (+0,23 %) 36K,

$TDIV (+0,42 %) 36K,

$LDGL (+0,06 %) 30k

I'm also considering

$BHP (+2,24 %) 20K,

$RIO (+1,74 %) 20K, and

$O (+0,98 %) 20K

$BRK.B (+0,61 %) 30K

or directly in $BRK.B (+0,61 %) 90k, since commodity stocks are trading a bit high for me right now! This position is like a high-risk money market account for me, which should be reallocated countercyclically.

My goal is to combine further dividend growth with modest portfolio growth. I no longer need high performers myself. I can still work for another 25 years, health permitting, and perform at a high level myself.

For me personally, individual stocks belong in my portfolio. Like the icing on the cake.

However, I will continue to focus on expanding my ETF positions through future asset reallocations.

In three years, my last major property in Germany will likely be sold. By then, the portfolio should be structured to enable my children to live a free, independent life anywhere on the globe.

What do you think? Would you change anything about the ETF positions? Wait on commodities too? Or put everything into SpaceX?

Thanks for the feedback.

9 Commentaires

Julian@MoneyISnotREAL

20H

Is it just the dividend income/dividend yield that matters to you, or the total return?

Are you familiar with the mechanics of covered calls, in terms of risk and limited upside?

$BRK.B as a money market account—phew. Ultimately, it’s a stock that, due to its structure, doesn’t correlate very strongly with the market, though it’s still far from having a correlation of 0 or below.

I’ll leave your last two questions about commodities and SpaceX aside. That’s something you have to figure out for yourself. You yourself say, “You don’t need high performers anymore,” but you want to invest in SpaceX (which doesn’t pay dividends). That’s a contradiction in terms, so tell me: emotions are driving your investment strategy. And no amount of facts can counteract emotions.

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Hodlinvestor@Hodlinvestor

17H

Dividend income is more important to me.
Yes, it is.

There’s plenty of cash on hand in fiat currency; that was just a metaphor.
I view Berkshire as a very crisis-resistant stock.
I see it as remaining fairly stable or even rising during a crisis.

SpaceX was meant as a joke.

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FairValue@FairValue

20H

What are the arguments against putting everything into an MSCI World/FTSE All World dividend-reinvesting fund?
Maybe add a moderate allocation to 3xGTAA to boost returns?

Why covered calls? Why highly cyclical individual commodity stocks, some of which are trading at all-time highs? Why a low-yield stock like Realty Income, which is performing significantly below the market average?

What makes you so certain that you’ll find precisely those few individual stocks that will significantly outperform the market and therefore justify the increased risk?

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Hodlinvestor@Hodlinvestor

17H

@FairValue
-Because I'm not interested in reinvestment funds

-GTAA sounds interesting; I hadn't considered it before...

-Unfortunately, I also see commodities as being overvalued right now, so I prefer to wait.

-Real estate, so that my children can see, in the long term, the pros and cons of a self-managed property versus a real estate stock.

- I’m not sure which individual stock will beat the market, but I’m certain that my goal isn’t to beat the market.
Our family enjoys getting involved in this.
My kids are growing up with stock trading, so the hands-on experience is better than with ETFs.

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NichtRelevant@NichtRelevant

20H

That sounds like a great plan.

But the raw materials are actually a bit too expensive for me to get started right now.

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Hodlinvestor@Hodlinvestor

17H

@NichtRelevant I feel the same way about commodities.
Not buying anything right now.

It’s just that I have the money now and want to invest it 🤣.
Every stock is screaming, “Buy me, buy me!”
If you know what I mean

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W. M.@W0io

20H

I wouldn't invest the 90k in individual stocks; instead, I'd spread it out across ETFs. If you want to put more into real estate, you could also invest some of it in real estate income funds.

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Zerax@Zerax

16H

All In Space X, of course. The question is a no-brainer. 🤷‍♂️ 🥸

I don’t think the ETF selection is too bad, except for the CCs. Limited upside? No, thanks. Commodity stocks are also pretty highly valued right now.

And $BRK.B as a “replacement TG account” could work, but $BRK.B is currently undergoing a restructuring under Abel, and no one can say whether it will continue in the future just as it did under Buffett.

You’re a “hodl investor,” so why are there only dividends and no BTC in your selection?? Especially now during this bear market.

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Hodlinvestor@Hodlinvestor

13H

🤣. Lost in Space…oh wait, that was something else.

I feel the same way about Berkshire; what reassures me a bit is their massive cash reserve. I’m sure they’ll use it wisely. 🧐

I’m still hodling 1.6 BTC. I sold 1 BTC; the capital is waiting to get back in.
I’ll probably start a savings plan soon.
But I wanted to wait until BTC either corrects sharply again or goes back above €75k.
I’m not entirely sure about that either.

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