$2318 (-2,87%)

For risk reasons, I have opted for new investments in the Asian region.

First an insurance stock with $PNGAY . I find it very interesting. Doesn't always have to be tech.😂

Here is my review of December 2025. I will probably also write a review of the year, where I will also go into more detail about the dividends. But that will probably take a few more days.

📈 Performance:

S&P500: -0.33%

MSCI World: +0.32%

DAX: +2.74%

Dividend portfolio: -1.55%

My high and low performers in November were (top/flop 3):

🟢 ($2318 (-2,87%) ) Ping An +15.65%

🟢 ($RIO (+1,13%) ) Rio Tinto +11.61%

🟢 ($2768 (-3,79%) ) Sojitz +7.15%

🔴 ($MMM (-1,14%) ) 3M -6,81%%

🔴 ($TSCO (+0,43%) ) Tractor Supply -8.45%

🔴 ($7974 (+4,56%) ) Nintendo -21.09%

Dividends:

December 2025: € 208.88

December 2024: € 185.64

Change: +12.52%

Sales:

🟥 ($MICC (+0,17%) ) The Magnum Ice Cream Company

Purchases:

🟩 ($HD (-1,53%) ) Home Depot (2 pcs.)

Savings plans:

($CTAS (-1,36%) ) Cintas (50€)

($MC (+0,49%) ) LVMH (50€)

($MSFT (+0,03%) ) Microsoft (25€)

What else has happened?

As is often the case in December, there are those who rush from one Christmas party to the next, constantly have appointments and can't find any peace and quiet even at Christmas.

Then there are those who take December very easy, have relaxed TV evenings, make the most of the nice weather during the day (if possible) and at least try to keep things quiet at Christmas. I belong to the latter and only belong to the former at Christmas. As a result, my December was pretty quiet except for the Christmas rush, where you're rushing from one meal to the next and from one relative to the next. With various birthdays around Christmas and between the years, the stress continues. Fortunately, I've been reserving Boxing Day for me and my wife for a few years now. We don't visit anyone there and don't want anyone with us. We just spend the whole day doing whatever we feel like doing. Apart from that, we have a quiet New Year's Eve and that's it for 2025.

🥅 Goals for 2025:

Deposit of €10,000 and thus a custody account volume in the share portfolio of ~€73,000

Target achievement at the end of October 2025: 91.56%

So I actually didn't quite reach my target, although the total investment I was aiming for (incl. pension portfolio & Oskar) of €20,000 was achieved.

Overall, I am quite satisfied with the year. In the annual review, as mentioned above, I will go into more detail about the dividends and the overall performance.

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📈 Performance:

S&P500: +2.80%

MSCI World: +2.60%

DAX: -0.09%

Dividend portfolio: +0.74%

My high and low performers in September were (top/flop 3):

🟢 ($TSLA (+0,14%) ) Tesla +33.20%

🟢 ($UNH (-1,35%) ) UnitedHealth +14.25%

🟢 ($D05 (-0,71%) ) DBS +12.94%

🔴 ($DTE (-0,27%) ) Deutsche Telekom -8.29%

🔴 ($TSCO (+0,43%) ) Tractor Supply -9.43%

🔴 ($TXN (+1,6%) ) Texas Instruments -10.30%

Dividends:

September 2025: € 203.56

September 2024: € 140.14

Change: +45.26%

Sales:

🟥 ($T (-3,85%) ) AT&T (27 shares) +36.05%

Purchases:

🟩 ($2318 (-2,87%) ) Ping An Insurance (150 pcs.)

🟩 ($UNP (-0,18%) ) Union Pacific (3 shares)

Savings plans:

• ($CTAS (-1,36%) ) Cintas (50€)
• ($MC (+0,49%) ) LVMH (50€)
• ($MSFT (+0,03%) ) Microsoft (25€)

What else has happened?

As announced, I asked the tax office to recalculate the advance payments. This was done and fortunately I no longer have to pay anything in advance.

If things go well, I'll even get some money back next year.

The bill for the car has also arrived and amounts to €1500. But that really pays for everything.

My nest egg has melted down to €900 and now I have to build it up again. Once again, the target is €10,000.

I was on vacation in Egypt from the end of September until last weekend. As always, it was super nice and just pure relaxation.

🥅 Destinations 2025:

Deposit of €10,000 and thus a custody account volume in the share portfolio of ~€73,000

Target achievement at the end of September 2025: 69.19%

How was your September?

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At the end of July, I made the decision to break up my portfolio. This is just a visual change, but it will take me back below 100,000 euros.

What did I do?

I decided to split my portfolio into three parts. Of course, as I said, this is only a visual change. But it allows me to make a somewhat more concrete evaluation.

But first, as usual, let's take a look at the S&P500:

For once, the S&P500 was up almost continuously in July. There was only a dip at the end of August. The main reason for the rise was the regulated tariffs.

In my opinion, the stock market reacts very quickly and very positively to any regulations, which, as we all know, can also be quickly discarded.

In the end, the S&P500 gained +3.97% (USD). In EUR terms, it is even up 6.1%.

Now let's move on to my new portfolio allocation. For the time being, nothing has changed in terms of positions. However, I have turned one portfolio into three or simply sorted things out.

On the one hand, of course, I have my share portfolio, which also serves as a review here.

Secondly, I have taken out my XEON. It's still running, of course, because that's the money that will be used to pay off the loan in five years' time. I don't need to keep that in retrospect.

I have also created a "pension portfolio". This contains my ETFs, which I save a total of €650 per month. This doesn't need to be included in the review either, as the savings plans are running there and there shouldn't be any changes until retirement.

What remains is my share portfolio, which contains the individual shares and gold.

As you can see, my performance is +1.45%.

The S&P500 has massively outperformed me here. At the same time, the MSCI World has also risen by 4.4%. Over the year as a whole, my portfolio is now down -1.7%, while the MSCI World is still down -2.7%. The S&P is even at -4.1%

Only the DAX is still outperforming everyone. Over the year, it is now up +17.7%.

My high and low performers in July were (top 3):

Tractor Supply ($TSCO (+0,43%) )+15,85%

British American Tobacco ($BATS (+0,8%) ) +15,59%

Ping An insurance ($2318 (-2,87%) ) +13,52%

Nestlé ($NESN (-0,51%) ) -9,32%

Nintendo ($7974 (+4,56%) ) -11,07%

United Health ($UNH (-1,35%) ) -16,29%

Dividends:

In July, I received €56.87 net from a total of 8 distributions.

Compared to July 2024 (€74.17), this was a reduction of 23.32%.

The difference is due to the fact that Ping An already paid in June this year.

Due to my new portfolio allocation, I have excluded the ETF dividends in each case and therefore the dividend is now of course also visually much lower. The dividends received in the bond portfolio flow 1:1 back into the ETFs.

Investments:

The bill for the car has finally arrived. It amounts to around €1200. Of course, that sets me back enormously. But the worst is yet to come.

The tax was due on 31.07. Well, I was already aware that I had to pay it. However, the sum amounts to €4,000 in arrears. But where does that come from? My old employer paid me a special payment from the old year (i.e. 2023), which was untaxed except for the pension contributions. I got away with it and of course I have to pay an enormous amount as a result. This is also deducted from my nest egg, which makes it worthwhile to have a nest egg.

This means I'm starting almost from scratch again with my nest egg. However, the inspection is due next month at the latest, including an oil change and possibly a brake change.

That would probably use up the nest egg completely. If the brakes don't need to be changed, I can also use the coffee money.

Let's see what August or September at the latest brings.

Buying and selling:

There were no sales in July either.

I added to Gladstone Invest ($GAIN (+0,26%) ) (150 shares) and Hercules Capital ($HTGC (-1,16%) ) (14.45 shares)

savings plans (125€ in total):

• Cintas ($CTAS (-1,36%) )
• LVMH ($MC (+0,49%) )
• Microsoft ($MSFT (+0,03%) )

Goals 2025:

I have to change my targets slightly - together with the portfolio. Overall, the €130,000 at the end of the year will remain, but this target will of course be made smaller and the focus will only be on the dividend portfolio.

To be honest, I haven't thought about the target there yet.

Target achievement at the end of July 2025 (in relation to the €130,000): 58.33%

How was your July?

What else would be of interest or what could I do better in the review?

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• 23 years old
• Focus on quality companies and diversification
• Would like to significantly increase the ETF share in the long term (to approx. 50%)
• Further investments in Asia are planned because I see a lot of potential there in the coming years and think that these countries will also gain political importance
• Watchlist: $2318 (-2,87%)
  $D05 (-0,71%)
  $S68 (+0%)
  $J36 (-3,08%)
  $SIE (+0,55%)

As I do every week, I have made new additions to my portfolio following my Dynamic Dollar-Cost Averaging (DAC) strategy through the Trade Republic investment plan. Thus, I continue to apply method and discipline in equal parts to a volatile market, especially in a month of quarterly earnings releases and dividend execution dates.

These have been my purchases for the week:

• $2318 (-2,87%) (5 €): The Chinese insurance sector remains under pressure due to macro uncertainty and the real estate slowdown in China. We took the opportunity to invest in Asia's largest and most technological insurer.
• $SBRE (-1,63%) (19 €): This week they have published results. Analysts were not too pleased with the annual forecast, but they continue to increase market volume and are unique in their niche.
• $AMP (+3,93%) (10 €): continues to move sideways and well below its target value. This month we have learned of the award of new international contracts.
• $PLMR (-3,65%) (20 €): Maintains the same price as last week, so why not increase in a company in which I believe.
• $ALV (+0,3%) (10 €): It is in a support zone and the company is a bug. We must stick to the plan.

Until June 2!

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As every week, I've made new contributions to my portfolio following my Dynamic Dollar-Cost Averaging (DCA) strategy through Trade Republic's investment plan. This way, I continue applying both method and discipline in a volatile market environment, especially during a month filled with quarterly earnings releases and ex-dividend dates.

These have been my buys this week:

• $2318 (-2,87%) (5 €): The Chinese insurance sector remains under pressure due to macro uncertainty and the ongoing real estate slowdown. A good opportunity to invest in Asia's largest and most tech-driven insurer.

• $SBRE (-1,63%) (19 €): Results were out this week. Analysts weren't too optimistic about the annual guidance, but the company continues to increase market share and stands strong in its niche.

• $AMP (+3,93%) (10 €): The stock remains sideways and well below its target price. This month, they secured new international contracts, which reinforces the company's growth potential.

• $PLMR (-3,65%) (20 €): Price remains unchanged from last week, so why not increase exposure to a company I believe in.

• $ALV (+0,3%) L (10 €): Trading at a key support area. This company is a beast - no reason to deviate from the plan.

See you on June 2nd!

I have just finalized the configuration of my weekly investment plan and it will be executed tomorrow. Following my dynamic DCA strategy, the winners are:

• $ALV (+0,3%) with 10€, as it enters again at reasonable prices after the dividend distribution.
• 
  $AMP (+3,93%) with €10, as it still faces resistance at €0.16.
• $SBRE (-1,63%) with 5€, although it should be left in Stand by.
• $2318 (-2,87%) with 5€, as it is still far from its resistance.

And we enter a new company insurance company that I love. Tomorrow I will give more details, it is late today.

--

I have just finalized the setup of my weekly investment plan, which will be executed tomorrow. Following my dynamic DCA strategy, the selected stocks are:

• $ALV (+0,3%) with €10, as it has re-entered reasonable valuation levels following the dividend payout.
• $AMP (+3,93%) with €10, as it is still facing resistance around €0.16.
• $SBRE (-1,63%) with €5, although it should ideally remain on standby.
• $2318 (-2,87%) with €5, as it remains far from its resistance level.

Additionally, we are adding a new insurance company that I'm very excited about. I'll share more details tomorrow since it got late today.

At the end of March 2025, I made the decision to begin my journey through the winding roads of investment. And as a novice investor, I did it hand in hand with a sector familiar to me: insurance.

For that reason, about 75% of my portfolio belongs to the sector.

My strong bet today is $2318 (-2,87%) a solid company affected by circumstances external to its activity. A $MAP (+2,02%) special affection and together with $ALV (+0,3%) stabilizers. $G (+0,21%) It underpins the portfolio and stabilizes it. $PHNX (-2,33%) distributes generous dividends without harming its business, and $SBRE (-1,63%) has a beastly potential, with a unique business.

Mostly Continental European companies, two British and one Chinese. The first four are general insurance companies with a strong focus on Property & Casualty. Phoenix Group is focused on life insurance and Sabre on premium motor insurance with strong underwriting of motorcycles.

Outside of insurance, an ETF in the defense and security sector such as $IVDF (+0,61%) as well as the Spanish $AMP (+3,93%) which is also closely linked to defense and security and has come out of a difficult situation on the right track.

My plan? To invest around 50€ per week in these stocks through a dynamic investment plan in Trade Republic. Each week I will vary the portion of investment I allocate to each position according to its evolution.

We'll see!

I have these two shares, among others, on my watchlist.

What are your opinions on them?

$2318 (-2,87%) - Ping an Insurance is an insurance group in China with a market capitalization of around EUR 110 billion

$1038 (-1,54%) - CK Infrastructure Holdings is a Hong Kong company that invests in infrastructure companies worldwide, including in Germany

Both would fit well into my dividend strategy as solid investments