I started investing at the beginning of the month and have spent the last three weeks building up a portfolio with the aim of accumulating wealth over the long term. I am now relatively familiar with the topic, have analyzed many strategies and have decided on an approach based on two pillars:

1. growth portfolio:

I invest in broadly diversified ETFs such as the $VWCE (+0,68%)combined with thematic focuses such as $XAIX (+1,4%) and the healthcare sector. I also invest in individual stocks such as $NVDA (+1,01%), $BRK.B (+0,37%) or $TTWO (+0,34%) - the latter deliberately as a small position for the speculative component (GTA VI hype is realistically not entirely irrelevant).

2. distributing dividend portfolio:

Here I am betting on classic dividend stocks. These include the $VHYL (+0,57%), $SPYW, (+0,39%)
$SEDY (+0,53%) as well as individual stocks such as $KO (+0,2%) or $ALV (+0,89%). The aim is to generate a steady cash flow that can be reinvested in the long term.

I am aware that there is no perfect distribution. That's why I'm interested in your opinion:

• Which stocks would you weight higher or reduce?
• Is there anything that doesn't fit in at all from your point of view?
• How do you balance growth and dividends?

I am open to criticism, experience and other perspectives.

Dear Community,

For some time now, I have been struggling with the idea of using (re)insurers such as $MUV2 (+1,22%) or also $HNR1 (-0,3%) in my portfolio. But also the $ZURN (+0,15%) and the $SREN (-0,36%) have popped up from time to time.

While searching for a suitable ETF, I then came across the Invesco STOXX Europe 600 Optimized Insurance ETF $SC0Y (+0,47%) came across it.

Here are a few key facts about the ETF:

• Comprises 20 companies, led by
• $ALV (+0,89%)
  (14,34%),
• $CS (+0,32%)
  (12,27%),
• $ZURN (+0,15%)
  (11,59%) and
• $MUV2 (+1,22%)
  (10,99%)
  (as at: 11.06.2025)
• Includes mainly companies from Germany (28,4%)Switzerland (24,4%)United Kingdom (15%) and France (13%) (as at: 11.06.2025)
• Fund volume: just under 50 million, and rising (as at: 19.06.2025)
• TER: 0.20%
• Management type: passive
• Dividend: Accumulating

I would like to invest just under 15% of my portfolio in this ETF.

Questions:

• How do you generally rate the idea of holding (re)insurers in your portfolio?
• How do you rate the relatively small number of companies in the ETF? Risk assessment?
• What do you think of the ETF? Can you explain why it has a fund volume of "only" 50 million, while, for example, the more than twice as expensive iShares STOXX Europe 600 Insurance UCITS ETF (DE) $EXH5 (+0,51%) has a fund volume of more than 450 million - even though both ETFs have almost identical growth?

Thank you in advance for your constructive feedback. And remember to drink enough water in this weather! 💧

@Dividenden_Monteur
@BamBamInvest
@DividendenAlpaka
@RenditeRudin

Source:

https://www.invesco.com/de/de/financial-products/etfs/invesco-stoxx-europe-600-optimised-insurance-ucits-etf-acc.html

$LMND (+2,6%)

History:

$LMND (+2,6%) is an insurance company that was founded as a public benefit corporation and has its headquarters in New York and its European branch in Amsterdam. Lemonade has been traded as a public company on the New York Stock Exchange since July 2020.

$LMND (+2,6%) Insurance was founded in 2015 by Daniel Schreiber and Shai Wininger with the goal of revolutionizing the insurance industry through technology. The company started by providing home insurance and relies heavily on artificial intelligence and chatbots for claims processing and customer service.

$LMND (+2,6%) has experienced rapid expansion, including an IPO in 2020 and expansion into Germany

business model:

Lemonade, Inc. offers renters, homeowners, auto, pet and life insurance.

Current market capitalization 3 billion

The company's full-stack, artificial intelligence-powered insurance carriers in the United States and European Union replace brokers and bureaucracy with bots and machine learning. The company's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, and to collect and utilize data.

Its technology includes Data Advantage,

AI Maya, AI Jim, CX.AI, Forensic Graph, Blender and Cooper.

AI Maya, the onboarding and customer experience bot, uses natural language to assist customers in the onboarding process.

AI Jim, the claims reporting bot, receives the customer's first claim and pays the claimant or rejects the claim without human intervention.

The company offers pet insurance policies that cover diagnoses, procedures, medication, accidents or illnesses. Even the basic pet insurance covers blood tests, urinalysis, laboratory tests and CT scans.

What is the Lemonade $LMND (+2,6%)
Giveback?

Giveback is at the heart of Lemonade. This core element of the business model enables customers to use their Lemonade insurance policies to support causes that are close to their hearts.

Since 2017, Lemonade has $LMND (+2,6%) donated over 10 million US dollars to help build new homes, provide clean water, improve education, promote animal rights and much more.

Here's how it works:

When a customer purchases a $LMND (+2,6%) renters, homeowners, auto or pet insurance, charges a flat fee to cover $LMND (+2,6%) a flat fee to support and grow the business. A portion of the premiums goes towards claims settlement and the balance goes directly to one of their Giveback Partners - non-profit organizations selected by our customers.

$LMND (+2,6%) is a non-profit corporation:

$LMND (+2,6%) is a Public Benefit Corporation and a certified B Corp, which means they are legally committed to making a positive social impact. B Corp certification is awarded to companies that demonstrate that they balance profit and purpose while putting people and the planet at the center.

Every three years, they undergo a comprehensive assessment of their entire organization.

Number of employees: 1 258 (end of 2024)

Profitability:

$LMND (+2,6%) Approaching a turning point, possibly offering a promising investment opportunity.

Profitability increases with size, as costs do not rise due to additional premiums, as is normally the case with conventional insurance companies.

Management expects EBITDA profitability in 2026 and net profit profitability in 2027.

They see an extremely clear path to profitability:

They also have a clear path to profitability :

- Loss ratio from 92% to 73

- Net profit margin -123% to -20.2%

- Continued increase in sales growth rates

Growth:

Growth is currently still controlled, but the real growth is yet to come, with sales growth rates continuing to rise in the last two quarters.

They have been able to achieve these growth rates without an expansive expansion (both in existing and additional potential states) of automobile insurance, which represents a huge opportunity for $LMND (+2,6%) represents a huge opportunity.

Car insurance

$LMND (+2,6%) currently has around 2.3 million customers who use renters, pet and other insurance products. These customers use $LMND (+2,6%) for one reason: favorable price and convenience.

The share of car insurance is currently still very small and has a lot of room for expansion, so if we were to assume that only 30% of them become car insurance customers with an average annual turnover of USD 1,800, that would be an additional USD 1.24 billion in turnover per year ... just by cross-selling 30% (without any other new customers)

Pet insurance:

The pet insurance market was a $5 billion market in the US last year. It is expected to reach 6 billion dollars in 2025 and 15.7 billion dollars by 2030, growing by 22% annually.

$LMND (+2,6%) - Total annual premiums recently surpassed the $1 billion mark. So if you were to capture 50% of the pet insurance market, premiums would increase eightfold in just five years (800% assuming the projected growth above)

Trupanion (green line) has a 25% market share today. $LMND (blue line) is around 5%.

However, the search trend will continue to have a positive effect for $LMND (+2,6%) especially as it is only just beginning to expand further into all states. (This also applies to the other insurance segments)

Opportunities/long-term potential:

I think the future possibilities and opportunities for $LMND (+2,6%) a supposedly boring industry are enormous.

The insurance market has one of the largest TAMs of all.

The global insurance market was worth around USD 8 trillion in 2024. The USA and China are the largest insurance markets worldwide, with the USA leading the way with a market share of around 45% and China with around 10%.

• Slight international expansion (online)
• Product expansion (additional lines)
• Enormous cross-selling potential
• Decreasing dependence on reinsurance
• Simple and fast premium calculation, conclusion and claims settlement (through AI)
• Already tested/calculated in-house: https://www.lemonade.com
• 10-fold sales opportunity

$ALV (+0,89%)
$MUV2 (+1,22%) , $HNR1 (-0,3%) , $PGR (+0,47%) , $GEC , $ALL (+0,51%) , $AIG (+0,51%) , $UNH (+0,41%) , $CVS (+0,51%) , $UQA (+1,35%) , $G (+0,07%) , $VIG (+0,77%)

Hello my dears...

There have been adjustments to the Sina 40

Out:

$JNJ (+0,2%)
$ALV (+0,89%)
$CS (+0,32%)
$NVDA (+1,01%)
$7974 (+1,86%)
$ULVR (+0,76%)
$NFLX (+0,18%)

NVIDIA only 50%

apart from j+J, there was considerable profit-taking in some cases (I think 25% is comparatively high for a company like Unilever)

In:

$ANET (+1,98%)
$ORCL (+0,86%)
$6857 (+2,02%)
$AVGO (+1,05%)
$TXN (+1,21%)
$COST (+0,27%)

Stocked up:

$AAPL (+1,02%)

$QCOM (+1,47%)

The remaining cash is € 2330, which will remain there for the time being. Currently the Sinas is 40, therefore only one Sinas 39. Let's see where the cash will then go in number 40

PS: the chart has been completely messed up by the adjustments. We were actually at 2.71 % 1 Y

As part of my ETF DIY project, I analyzed $ALV (+0,89%) analyzed them using my self-developed valuation system:

Moat: 5/5

• Market position: +
• Uniqueness / Differentiability: +
• Switching costs: +
• Technological advantage: +
• Brand loyalty: +

Growth: 4/5

• Turnover & profit: -
• Scalability: +
• Industry trends: +
• Ability to innovate: +
• Geographic expansion / penetration: +

Risk: 5/5

• Regulatory & geopolitical: +
• Market risks: +
• Competitive situation: +
• Balance sheet quality: +
• Sales diversification: +

Dividend: 1/1

• Stable dividend + Growth

Faith: 0/1

• Do not see the incredible growth opportunity through business model expansion, innovations or similar.

Total: 15/17

• Allianz is saved with factor 6.

If you are not yet familiar with my system and the ETF-DIY project - just take a look at my profile.

The complete analysis and my thoughts on it can also be found on YouTube:

https://www.youtube.com/watch?v=rrmlkgHOkCw

$MUV2 (+1,22%) - $SREN (-0,36%) - $HNR1 (-0,3%) - $BRO (+0,33%)

I am currently in my final year of training as an insurance and financial investment specialist, but I work as an independent insurance broker.

In this respect, it is "natural" for me to deal intensively with listed insurance companies.

Today I bought shares in Munich Reinsurance Company (Munich Re) for the first time. $MUV2 (+1,22%) for the first time.

I also bought Swiss Re $SREN (-0,36%) and Hannover Re $HNR1 (-0,3%) on my watch list.

A functioning primary insurance market would be inconceivable without reinsurance.

I am also keeping an eye on the Allianz share $ALV (+0,89%) - I would see a price level below € 300 as an interesting entry opportunity.

Brown & Brown, $BRO (+0,33%) a company also active in the insurance business, is potentially attractive for me from a price below USD 88-90.

What are your opinions on insurance in your portfolio and/or in everyday life, apart from the typical weird sales representatives who only want to sell insurance etc.?

Hi all - I had planned to expand my portfolio a few weeks ago because of an inheritance. Now a few things have happened: Money is there and at the same time the company is asking if I would like to quit in return for a severance payment. Yup, maybe I have. Do something other than IT, for example ... Volunteering at the food bank, riding my bike and Vespa, sports, traveling & chilling or something... But that's another story :-)

But does it work financially? Let's assume about 1.2 million in total (600k invested, 600k cash). House paid off, 2 kids out, wife self-employed, but only a small amount. I'm 58, I can retire at 62, with official deductions. That will therefore be a manageable pension in total. That's why I'll need monthly cash in 3 years. The severance payment would last until then. Now I'm thinking about reallocating a large part of my portfolio from tech, world ETF, S&P and some individual stocks to high-dividend stocks: 10% $ALV (+0,89%), 10% $MUV2 (+1,22%) , 10% $O (-0,33%) , 10% $VHYL (+0,57%) , 10% $WGLD (-1,36%) , 20% $IDVY (+0,36%) , 10% $XMME (+1,42%) , 10% $XEON (-0%) (in case the dividend falls in volatile phases and to bridge payout dates). dates), 10% play money GTAA, 2Spy, Momentum etc----hahaha, actually I just wanted to mention @Epi mention.

With the above you get about 4% dividend. At 800k = 32000-25%= 24000= just under 2k net on top. That should be enough. The assets won't grow that much, but cash per month is enough. What do you think? Completely wrong way of thinking? Forgotten something important?

Liberation Day on April 2, 2025 was just two months ago, but it feels more like two years ago on the stock markets.

The markets have become accustomed to Trump's mood swings and the old adage is proving true once again: political stock markets have short legs

Monthly view:

My portfolio saw a massive rise in May and May 2025 is the second best month in the last 5 years with +8.1%. Only November 2021 was marginally better at +8.5%.

This corresponds to price gains of ~20.000€.

The MSCI World (benchmark) was +3.6% and the S&P 500 +6.1%.

Winners & losers:

A look at the winners and losers shows a completely different picture in May than in the last 2 months - Suddenly everything is green again.

On the winners is mainly made up of the stocks that have fallen in recent months: US tech

In 1st place is NVIDIA $NVDA (+1,01%) with price gains of almost €5,000. This is followed in 2nd & 3rd place by Microsoft $MSFT (+0,52%)
and Meta $META (+0,91%) with price gains of just under €2,000 each. 4th place goes to Ethereum
$ETH (+2,89%) with ~€1,400 price gains, finally making up some ground on Bitcoin $BTC (+1,32%) . In 5th place is another tech stock with TSMC $TSM (+1,76%) and +1,300€.

On the losers' side looked very relaxed in May. The biggest loser was Apple $AAPL (+1,02%) with just under €300 in share price losses. In 4th place was Allianz $ALV (+0,89%) with -120€, although this also corresponds to the dividend discount after the payout. So it's really significant when the dividend discount leads to a share ending up on the flop list of the month.

The performance-neutral movements in April were ~€500 - these are still lower at the moment due to the house building issue.

current year:

In the YTD my portfolio was still at -12,4% clearly in the red. Thanks to the strong May, it is now only -4.3%, although the MSCI World is still slightly better off at -3.3%.

In total, my portfolio currently stands at ~273.000€. This corresponds to an absolute decline of ~€12,000 in the current year 2025. -14.000€ of this comes from exchange rate losses, slightly offset by ~1.700€ from dividends / interest and ~3.200€ from additional investments.

Dividend:

• Dividends in May were +22% above the previous year at ~465€
• German equities were in the lead with Allianz $ALV (+0,89%) and Deutsche Bank $DBK (+2,89%) - Both with ~€120 (gross) dividend
• In the current year, dividends after 5 months are +25% over the first 5 months of 2025 at ~1.620€
• 
  I have reached another milestone with regard to the rolling 12-month view. For the second time, I have received over €3,000 in gross dividends for the last 12 months. This figure has now risen to over €3,100
• However, the fall in the US dollar is still having an impact on my dividend forecast - unfortunately, the growth rates in the second half of the year do not look very good compared to the previous year

Buying & selling:

• I bought in May for 885€
• 520€ shares
• 265€ ETFs
• 100€ crypto
• Sales There were none in May

Adjustment of savings plans for the second half of the year:

After a long time, there will be adjustments to my savings plans for the second half of the year. With Starbucks $SBUX (-1,26%) Apple $AAPL (+1,02%) and Hershey $HSY (+0,66%)
three shares will be removed from the savings plans. Starbucks and Apple will remain in the portfolio, Hershey is still open.

I will be adding Allianz $ALV (+0,89%)
which I have held in my portfolio for many years and bought individually in 2020.

In addition, the London Stock Exchange $LSEG (-1,56%) and Iberdrola $IBE (-0,09%)
will be added to the portfolio.

I go into these adjustments in detail in the YouTube video (see next section).

YouTube:

My portfolio update for May can be seen there again in the usual form.

Unfortunately, things are a little quieter there and here on getquin at the moment.

There are some private and professional issues at the moment that are taking up a lot of time.

Video: https://youtu.be/Pe59Z287-Zs

Goal 2025

I haven't really set myself any goals for 2025 due to the topic of building a house. A fixed savings rate is difficult to implement due to the issue (unforeseen costs and the like).

A dividend target will also be very difficult due to the high volatility of the US dollar.

That's why I'm focusing on other topics this year, especially building a house and possibly one or two successes in terms of YouTube.

How did May look in your portfolio?

#dividends

#dividende

#rückblick

#depotupdate

#aktie

#stocks

#etfs

#crypto

#personalstrategy

$ALV (+0,89%)

Anyone have a plan why the dividend was just canceled?

The documents do not help.

Hey community,

I would like to build up a dividend portfolio with some growth and have made a plan.

I'm really looking forward to your feedback.

$VHYL (+0,57%) 35%

$MSFT (+0,52%) 10%

$V (+1,01%) 5%

$PEP (+0,27%) 5%

$ULVR (+0,76%) 10%

$PFE (+0,39%) 5%

$O (-0,33%) 5%

$ALV (+0,89%) 5%