Hello dear GQ community,

I saw a great post the other day that this post ties into. (https://getqu.in/DPSDrc/). The post is about the actual country distribution in the depot, because as the author correctly described, an American company is not the same as the American market - Maybe the company generates most of its revenue in emerging markets and has the headquarters in the US only to be legally safe, and because of low taxation. You can read the rest in the original post.

My Single Stock Portfolio (Not yet complete, some stocks are still on the WL) consists of:

- Microsoft $MSFT (+0,15%)

- UnitedHealth $UNH (+3,09%)

- Clinuvel $CUV (-0,48%)

- German Post $DPW (+0,1%)

- UPS $UPS (-0,58%)

Now let's look at the distribution of sales in relation to the world:

- Microsoft (USA: 50% / Other Countries: 50%)

- UnitedHealth (USA: 97% / Other Countries: 3%)

- Clinuvel (Europe: 50% / USA: 40% / Switzerland: 10%)

- German Post (Europe: 29% / USA: 21% / Germany: 26% / Asia: 23%)

- UPS (USA: 76% / Europe: 12% / Other Countries: 12%)

Combined:

- 1st place: USA with 56.8%

- 2nd place: Europe with 18.2%

- 3rd place: Other countries with 13

- Place 4: Rest: 12%

You can see that the USA makes up the largest part of my investments. The USA is the largest economy on this planet with China and has a gigantic economy. But besides this flourishing economy, the country accumulates schools every year, which also have to be serviced at some point.

Conclusion: I will invest more in other markets: India and China are almost not represented in my portfolio - In this regard, I will certainly give an update.