Depot review March 2024 - And on, and on, and on,...
March picks up where February left off. And before that, January, December, November,...
In total, March was +2,9%! This was less than in January and February and was mainly driven by the first half of March. In total, this corresponded to price gains of ~8.000€.
Winners & losers:
On the winners' side is getting really boring. In 1st place, of course: NVIDIA
$NVDA (+1,6%) with share price gains of ~€2,100. 2nd place goes to Alphabet
$GOOG (-4,17%) with €1,000. But also Bitcoin $BTC (+1,12%) also showed a strong performance with price gains of €800. The top 5 is then rounded off by two securities that I would rarely expect to see in the top 5: The MSCI World ETF $XDWD (+1%) and the German Bank $DBK (+0,74%)
On the losers' side there is a lot of tech. With Palo Alto Networks $PANW (+7,43%) and MercadoLibre $MELI (+2,47%)
two high growth tech stocks that were already at the bottom in February.
In addition Apple $AAPL (+0,55%)
Nike $NKE (+3,29%)
and Starbucks $SBUX (+2,27%) were weaker.
The performance-neutral movements in March amounted to € 1,300. As in January and February, a larger proportion is currently being spent on private expenses. Nevertheless, I was able to invest significantly more net in March than in January and February. I bought just over €2,000 in March. However, the net figure for the pure securities portfolio is a minus, as I sold my Encavis
$ECV (-0,24%) shares after the takeover offer from KKR. As a result, ~€2,600 flowed out of my securities account, which is now in the clearing account for 4%.
My performance for the current year is +14,7% and thus well above my benchmark, the MSCI World with 11.2%.
In total, my portfolio currently stands at ~291.000€. This corresponds to an absolute growth of ~€39,000 in the current year 2023. ~36.000€ of this comes from price gains, ~720€ from dividends / interest and ~2.000€ from additional investments.
Dividend:
- Dividends in March were +30% above the previous year at ~€350
- In the current year, the dividends after 3 months are also +30% over the first three months of 2023 at ~630€.
- In March, there was also a dividend for the first time from Meta $META (-0,43%)
Buys & Sells:
- I bought in March for approx. 2.000€
- Of which 500€ each in Hermes $RMS (-0,13%) and Constellation Software $CSU (+3,77%) as a first purchase
- In addition, the first few euros saveback from the Trade Republic card were also invested
- As always, my savings plans were executed:
- Blue ChipsNorthrop Grumman $NOC (+1,56%) MasterCard $MA (+1,13%) Salesforce $CRM (+4,65%) Deere $DE (+8,79%) Lockheed Martin $LMT (+2,15%) ASML $ASML (+3,19%) Thermo Fisher $TMO (+1,72%) Itochu $8001 (-0,28%) Republic Services $RSG (+1,26%) Hermes $RMS (-0,13%) Constellation Software $CSU (+3,77%)
- Growth: -
- ETFsMSCI World $XDWD Nikkei 225 $XDJP and the WisdomTree Global Quality Dividend Growth $GGRP
- CryptoBitcoin $BTC and Ethereum $ETH
- Sales there was the (involuntary) sale of Encavis in March $ECV (-0,24%)
Even though I was only able to add €2,000 net to my portfolio in the first quarter, the snowball had a very clear effect. Nevertheless, I will of course be investing more again in the medium term.
Target 2024:
My goal for this year is to reach 300.000€ in the portfolio. Now that my portfolio is already at €291,000, I have almost reached my target as of March.
However, I am still of the opinion that the markets will soon enter a sideways trend. In my opinion, this was already slightly indicated in the second half of March.
