Depotrückblick February 2024 - Can the stock market only go up?
After November was the second-best November and December and January also joined the ranks, February 2024 is of course the second-best February for me since 2013.
In total, February was a strong +5,0%! Only February 2014 was even better at +8.1%. In total, this corresponded to price gains of ~13.000€ in February 2024.
In the current year, my performance is currently +11,4% and thus significantly above my benchmark, the MSCI World with "only" 6.8%.
Winners & losers:
The development of the winners and losers in February is particularly exciting, as not every tech stock is up and running.
On the winners' side the monthly groundhog called NVIDIA
$NVDA (+1,51%) with share price gains of ~€3,600. But also Bitcoin $BTC (-0,05%)
and Ethereum
$ETH (-1,59%) were also at the forefront with price gains of almost €2,000 each. The top 5 close Meta
$META (-0,47%) and TSMC
$TSM (+1,17%) complete the top 5.
But also on the loser side there is a lot of tech. With Palo Alto Networks $PANW (+7,32%)
Atlassian $TEAM and MercadoLibre $MELI (+2,47%) however, mainly high growth tech stocks.
In addition Alphabet $GOOG (-4,95%) and Amgen $AMGN (+1,21%)
were weak.
The performance-neutral movements in February were only €200. Even though I bought in for ~€1,300, I sold 5 NVIDIA shares for ~€3,000 on the other side. You can find the reasons for this in the post from mid-February. I needed part of the €3,000 for private expenses and the rest is currently in the clearing account as cash.
In total, my custody account now stands at ~282.000€. This corresponds to an absolute increase of ~€30,000 in the current year 2023. ~27.000€ of this comes from price gains, ~330€ from dividends / interest and ~700€ from additional investments.
Dividend:
- Dividends in February were +16% above the previous year at ~€160
- In the current year, dividends after 2 months are +23% over the first two months of 2023 at ~275€.
- After already Meta
$META (-0,47%) announced its first dividend last month, this will be followed in April by Salesforce $CRM (+4,63%) with its first dividend payment. In addition to the high-tech growth stocks, where I do not expect a dividend for some time yet, I am now particularly interested in Alphabet in particular.
Buys & sells:
- I bought in February for approx. 1.300€
- As always, my savings plans were executed:
- Blue ChipsAlimentation CoucheTard $ATD Alphabet $GOOG Amgen $AMGN Caterpillar $CAT Hershey $HSY Johnson & Johnson $JNJ Procter & Gamble $PG S&P Global $SPGI TSMC $TSM
- GrowthBechtle $BC8 Synopsys $SNPS (+2,77%)
- ETFsMSCI World $XDWD Nikkei 225 $XDJP and the WisdomTree Global Quality Dividend Growth $GGRP
- CryptoBitcoin $BTC and Ethereum $ETH
- Sales as already mentioned above, there was only a partial sale of NVIDIA in February
It's really exciting to see how the snowball has started to roll. I was only able to add €700 net to my portfolio in January and February, yet my assets have increased by almost €30,000 compared to the end of 2023.
Nevertheless, I hope that performance-neutral movements of at least €1,000 per month will be possible again from March onwards.
Target 2024:
My goal for this year is to break €300,000 in my portfolio. As my portfolio already stands at €282,000 as of February, I am well on my way.
I very much doubt that the stock markets will continue to rise so strongly and will soon enter a sideways trend. If my net inflows then increase again, I am optimistic that I will reach my target by the end of the year.
What are your expectations for March? Full speed ahead or will there be a sideways movement for the time being?
And which company have you been waiting a long time for a dividend? Berkshire, Amazon and Alphabet or someone completely different?
#dividends
#dividende
#rückblick
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#stocks
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