In January I decided to set up a dividend portfolio for myself. I immediately used the setback in February to end my one-year "test phase" as a stock market novice and start my long-term plan. In addition to two dividend-paying ETFs for retirement provision $XDWL (-0,06%) & $XSX7 (+1,1%) I want to build up a strong portfolio through stable dividend stocks, regular purchases and reinvestment of dividends.

I would like to take you with me on my journey and now share regular updates on the development of my portfolio.

You can find my goals and how I want to achieve them in my first post → My path to financial freedom: I'm building a dividend portfolio - goals & strategy 📈💰

(https://getqu.in/T7yDJe/)

📊 My current dividend portfolio (sorted by market capitalization):

1️⃣ $SAP (+2,21%) - Europe's largest software group with a stable dividend policy

2️⃣ $BAC (+1,62%) - One of the largest US banks with a solid payout

3️⃣ $AXP (+0,03%) - Strong brand with long-term potential

4️⃣ $ALV (+2,59%) - High dividend yield & strong financials

5️⃣ $DB1 (+3,04%) - Benefits from rising trading volumes

6️⃣ $BATS (+1,04%) - High dividend yield & stable cash flow

7️⃣ $MO (+0,26%) - Continuous dividend increases, but regulatory risks

8️⃣ $O (-0,16%) - The famous "Monthly Dividend Company" REIT

9️⃣ $INGA (+1,79%) - European bank with attractive dividend yield

I start my journey with these 9 stocks. All of them convince me and are stable stocks. I'm not doing anything here for no reason. That's why there's a good reason for every stock I buy.

If you would like to know why I chose one of the stocks, let's discuss it in the comments. I look forward to the exchange! 😊

I wish you a good start to the weekend!

#Dividendenstrategie
#FinanzielleFreiheit
#Investieren
#Börse
#Dividenden
#PassivesEinkommen
#Aktien

January is over. The first month of the year was relatively quiet for me: one hike and two ice baths in sub-zero temperatures. The investment knew what to do by itself. Time for a look back.

I present the following points for the past month of January 2025:

➡️ SHARES

➡️ ETFS

➡️ DISTRIBUTIONS

➡️ CASHBACK

➡️ AFTER-PURCHASES

➡️ P2P CREDITS

➡️ CRYPTO

➡️ AND OTHER?

➡️ OUTLOOK

➡️ Shares

After a strong month in December, my heavyweight among the individual stocks has $AVGO (-1,35%) lost a bit of steam during the month, but is still up by over 250% overall. A performance that I did not expect when I selected my stocks.

On the other hand $NFLX (+3,77%) and $SAP (+2,21%) are performing well. Netflix with +179% and SAP now also in triple digits with +118%. Both are in 3rd and 4th place in terms of volume. $WMT (+1,18%) now with +105%, also a doubler. It gets exciting behind them, the financial stocks are rising. $BAC (+1,62%) ,$V (-0,75%) and $MA (+0,87%) continue to push forward. Is this now a sign that financial stocks will generally rise again? It's well known that profits are rising there. I suspect that the stock market will now price in Trump's deregulation of the sector.

The red lanterns will once again go to the usual suspects $NKE (+2,02%) , $DHR (+2,14%) and $CPB (+0,48%) . All stocks are now performing even worse at -35%, -29% and -22%. They are among the smallest positions in my main equity portfolio with the $DHL (+1,38%) . I'm not worried about the big drop yet, but I'm already taking a closer look. I would have expected Danaher in particular to be back in the black after the last split.

➡️ ETFs

ETFs are doing their thing as usual. What else can you say except the typical?

➡️ Distributions

I received 23 distributions on 12 payout days in January. I am grateful for this additional income stream. Everyone should build up their additional income this way.

➡️ Cashback

There was no cashback payment received in my accounts in January. The separation of REWE and Penny with Payback is making itself felt and I have to come up with a new system for continuing my "cashback pension". So far, I'm thinking about adding up the rebates on the receipts and transferring these amounts from the grocery account to the clearing accounts in order to invest them in one-off savings plans. However, I would only do this once a month because of the administrative effort involved. For DM, Payback continues as usual. But what I like about the REWE and Penny apps is that you can save the discounts in them, so I could use my old system there again. In the meantime, Kaufland is also coming back into focus for my weekly shopping.

➡️ Repeat purchases

There was a subsequent or new purchase of an ETF for my crypto successor portfolio, which was financed from a triggered BTC limit order. I invested in the $EXX5 (-0,19%) .

➡️ P2P loans

With my last P2P platform, Mintos, there was a redemption payment in the cent range, otherwise the platform continues to hang on my leg like a ball and chain. I will gradually withdraw everything here and hopefully end my involvement in this asset class as soon as possible.

➡️ Crypto

January offered crypto investors a BTC ATH on Trump's inauguration on the one hand, but otherwise we are more likely to be dealing with a sideways market on the whole. As mentioned, I triggered a BTC sell limit order on the day of the inauguration. And it was even very close to the ATH. Around 1/3 of my total holdings have been sold since the beginning of November. I am still far from satisfied. But I need higher prices for further sales. Is my strategy working? Or is the bull market already over? I think it will continue, but not for much longer.

➡️ And what else?

Like many of you, I'm feeling the effects of the changes due to rising social security contributions and rising costs. My budget is set up so that my budgets and lump sums work on their own and I've managed well with my budget sizes too. The amount invested each month via savings plans was as large as possible. In the end, there was always an amount left over that went into my nest egg, the last bit, so to speak. This remaining €100 more than halved in January. On the one hand, it's not a problem, I could simply cut back on the savings plans, but I don't want to do that. I can't reduce my spending any further myself. I'm in a salary round, but it's very likely that I won't get a pay rise this year. I'm happy that my second income stream is growing steadily, even if it's not yet significantly noticeable. Now I'm thinking about how I can earn even more money, because taxes are set to rise further, not just social security contributions, the greedy state and greedy politicians are targeting our investment income and interpreting unfair taxation. Unfortunately, they are completely ignorant, because they do not understand that this is already taxed when it is taxed again for us investors (or has already been taxed twice - keyword withholding tax), or that social security contributions on it would mean a further entitlement to benefits from the funds for us as investors. And not just for us, but also for international investors. In contrast to rental income, for example, the deduction for capital income is immediate and not deferred. These are all considerations that are not taken into account by tax increase enthusiasts. Demanding tax increases in a high-tax country is proof of a lack of reality either way. For me, the entire state should continue to be slimmed down.

So you can see from the current political discourse that the state only wants to take away, instead of ensuring that citizens build up something for themselves with effort and sweat, which they then know how to look after and appreciate. However, a considerable promotion of private asset accumulation means that citizens may not need any or significantly fewer pension payments to ensure an adequate old age. I look with some envy at other countries that have much more sophisticated pension systems or sovereign wealth funds. I once wrote an article about the systems in Norway and Sweden.

➡️ Outlook

In February, I can expect reimbursements from the health insurance companies and the dental supplement, which I will invest in in the February review. Until then!

Links:

Social media links can be found in my profile, also feel free to check out the Instagram version of my review.

$BTC (+5,37%)
$SOFI (+2,37%)
#bitcoin

Banks can now offer secure storage solutions for cryptocurrencies, serving institutional clients, private investors and businesses who want to store their digital assets in a trusted location.

Banks are now able to offer crypto solutions 🚀

Reminder: $SOFI (+2,37%) was essentially forced to divest its crypto business in order to obtain its banking license.

$SOFI (+2,37%)
$JPM (+0,66%)
$MS (-0,69%)
$WFC (+1,3%)
$HOOD (+2,33%)
$COIN (+7,76%)
$ETH (+8,44%)
$C (+1,37%)
$DBK (+3,2%)
$BAC (+1,62%)

January 20-24, 2025, Davos, Switzerland

The World Economic Forum (WEF) is an international organization founded by Klaus Schwab in Switzerland in 1971. It promotes cooperation between business, politics, science & civil society. The Annual Meeting takes place in Davos. The motto for this year:

"Cooperation in the age of intelligence"

The World Economic Forum 2025 is dedicated to a wide range of topics, including geopolitical tensions, economic growth and the transition to clean energy. At the same time, tech, AI, quantum computing & biotech also play an important role.

As always, there will be posts on all relevant topics from @HennRes & @Michael-official will be published. Under the #wef2025 you will be able to view all posts in chronological order.

Main topics:

• Rethinking growth: How can we tap into new sources of economic growth?

• How can companies respond to tech and geopolitical upheaval?

• What measures promote education, health & human capital?

• How can innovative partnerships & techs drive climate protection?

• How can cooperation be strengthened to overcome social divisions?

Participants from politics & business.

Over 350 government representatives, including 60 heads of state & government, 1600 people from the private sector, including 900 CEOs and over 170 people from NGOs, trade unions, academia and indigenous peoples are also present.

The key figures from politics are:

• 🇺🇸 Donald J. Trump(soon to be) President of the USA (via video link)
• 🇪🇺 Ursula von der Leyen, President of the European Commission
• 🇨🇳 Ding XuexiangVice Prime Minister of the People's Republic of China
• 🇦🇷 Javier MileiPresident of Argentina
• 🇩🇪 Olaf Scholz, Chancellor of Germany
• 🇿🇦 Cyril Ramaphosa, President of South Africa
• 🇪🇸 Pedro Sánchez, Prime Minister of Spain
• 🇨🇭 Karin Keller-Sutter, President of the Swiss Confederation 2025
• 🇺🇦 Volodymyr Zelenskyy, President of Ukraine

Executives from the private sector (who are expected/ not offical)

Technology sector

• 🇺🇸 $MSFT (-0,56%) (Microsoft) - Satya Nadella, CEO
• 🇺🇸 $AMZN (-0,28%) (Amazon) - Andy Jassy, CEO
• 🇺🇸 $IBM (+0,8%) (IBM) - Arvind Krishna, CEO
• 🇺🇸 $MSFT (-0,56%) (Microsoft) - Bill Gates, co-founder and head of the Bill and Melinda Gates Foundation
• 🌎 Cohere - Aidan Gomez, CEO
• 🌎 $META (-0,7%) (Meta) - Yann LeCun, AI scientist
• 🌎 OpenAI - Sam Altman, CEO
• 🇺🇸 $TSLA (-1,03%) (Tesla) - Elon Musk, CEO

Financial sector

• 🇪🇺 ECB - Christine Lagarde, President of the European Central Bank
• 🇫🇷 ECB - Francois Villeroy de Galhau, President of the French Central Bank
• 🇩🇪 German Bundesbank- Joachim Nagel, President
• 🇺🇸 $BLK (BlackRock) - Martin Lück, Chief Investment Strategist
• 🇳🇱 $ING (+1,82%) (ING) - Carsten Brzeski, Chief Economist at ING Germany

Banking sector

• 🇺🇸 $JPM (+0,66%) (JPMorgan Chase) - Jamie Dimon, CEO
• 🇨🇭 $UBSG (+0,75%) (UBS) - Sergio Ermotti, Group CEO
• 🇨🇭 $UBSG (+0,75%) (UBS) - Colm Kelleher, President
• 🇩🇪 $DBK (+3,2%) (Deutsche Bank) - Christian Sewing, CEO
• 🇺🇸 $GS (+1,26%) (Goldman Sachs) - David Solomon, Chairman and CEO
• 🇺🇸 $BAC (+1,62%) (Bank of America) - Brian Moynihan, CEO
• 🇺🇸 $C (+1,37%) (Citigroup) - Jane Fraser, CEO
• 🇬🇧 $HSBA (+2,41%) (HSBC) - Mark Tucker, Group Chairman
• 🇬🇧 $HSBA (+2,41%) (HSBC) - Michael Roberts, CEO of HSBC Bank
• 🇺🇸 $MS (-0,69%) (Morgan Stanley) - Ted Pick, CEO
• 🇬🇧 $BARC (+2,94%) (Barclays) - C.S. Venkatakrishnan, CEO
• 🇫🇷 $GLE (+3,46%) (Société Générale) - Slawomir Krupa, CEO
• 🇮🇹 $UCG (-1,92%) (UniCredit) - Andrea Orcel, CEO
• 🇦🇹 $BG (+1,4%) (BAWAG Group) - Anja E. M. W. Schreiber, CEO
• 🇦🇹 $EBS (-0,41%) (Erste Group) - Andreas Treichl, CEO

Industry sector

• 🇩🇪 $BAYN (+3,09%) (Bayer) - Bill Anderson, CEO
• 🇨🇭 $NESNE (Nestlé) - Mark Schneider, CEO
• 🇬🇧 $ULVR (+2,13%) (Unilever) - Hein Schumacher, CEO
• 🇨🇳 SHEIN - Donald Tang, Vice Chairman
• 🇮🇳 ADANIENT (Adani Enterprises) - Gautam Adani, Chairman

... and many more from the Tech, Banking, AI, Biotech, Pharma, Industrial, etc. sectors.

$JPM (+0,66%)

"The US economy has proven to be robust. Unemployment remains relatively low and consumer spending remained strong through the vacation season. Businesses are more optimistic about the economy and are encouraged by expectations of a more growth-oriented agenda and improved cooperation between government and business."

"However, two significant risks remain. Current and future spending needs are likely to be inflationary and therefore inflation could persist for some time. In addition, geopolitical conditions remain the most dangerous and complicated since the Second World War. As always, we hope for the best, but are preparing the company for a variety of scenarios."

$C (+1,37%) , $WFC (+1,3%) , $BAC (+1,62%) , $DBK (+3,2%) , $SOFI (+2,37%) , $BLK (+0,35%) , $MS (-0,69%) , $HSBA (+2,41%) ,

The year 2024 is over in stock market terms and I would also like to review the year.

I started with a portfolio value of just over €53,000.

I knew that a reallocation of around €20,000 was still to come and had therefore set my sights on the target of €100,000.

This was very ambitious, as I naturally didn't know what the year would bring. After all, there were already enough economic and political uncertainties at the start of 2024.

As I only really started investing in 2021 and 2022 was therefore my first full year on the stock market, I made a lot of mistakes at the beginning, had fluctuations in my strategy (once one was in place) and of course also made a few losses.

That's why it was important for me to stay true to my strategy in 2024 and not throw everything overboard again. Because, as I always say, going back and forth empties your pockets.

Some of you may also remember my early days, when I had a lot of savings plans in place, but they weren't particularly high and were constantly being changed. At the beginning of 2024, my portfolio contained a total of 47 individual share positions and 3 ETFs.

My goals for 2024 were therefore

• Stay true to the strategy
• No new stocks in the portfolio, rather clear out
• 100,000€ portfolio value
• 2000€ net dividend
• Investment of €17,000 (without reallocation)

2024 went as follows for me:

January: +4.0%

February: +1.3%

March: +3.0%

April: -0.4%

May: +0.5%

June: +1.7%

July: +1.7%

August: +0.9%

September: +1.0%

October: -0.4%

November: +3.4%

December: -1.7%

TTWROR 2024: +15.8%

Dividend (already in the performance): € 1956.56

Invested: €24,900

Reallocation: €21,700

Thanks to a special payment from my old employer, to which I was still entitled, I was surprisingly able to invest around €5,000 more than I had originally thought.

Did I achieve my goals?

Not all of them.

With the dividends, I'm ~€43 below my target. That's a shame, but it motivates me to step on the gas even more and crack the €2400 net dividend in 2025. That would be €200 net per month, which corresponds to an increase of 22.66%. Again, very ambitious, but you should set yourself ambitious goals.

However, I was already able to break the €100,000 barrier in September. This was of course due to the strong market. I ended the year with just over €111,500. I have remained true to my strategy, but a few new stocks have slipped into the portfolio (and a few out).

The cheering contribution to the €100,000 was here:

https://app.getquin.com/de/activity/XGtdQzCdYF

New in the depot:

$NESN (-1,61%) Nestle

$CTAS (-0,36%) Cintas (savings plan)

$RACE (+1,44%) Ferrari

$D05 (+1,65%) DBS

$UNH (-6,09%) United Health

$V (-0,75%) visas

$CSNDX (-0,75%) Nasdaq 100 (savings plan)

$XEON (+0,01%) As an overnight money substitute for fixed planned money for loan repayment in 6 years or special repayment if the interest rate on the balance falls below the loan interest rate of 0.75%. Is topped up with special payments from the employer during this period.

Left my securities account:

$AAL (+0,87%) Anglo American PLC (+37%)

$IBM (+0,8%) (+26%)

$BAC (+1,62%) Bank of America (+45%)

$UKW (+1,96%) Greencoat UK Wind (0 to 0 due to dividends)

$SBUX (-0,2%) Starbucks (+10%)

$BIGG (+4,1%) Bigg Digital Group (-95%)

Unfortunately, I sold IBM and Bank of America too early, but I am still satisfied.

What else has happened?

• I bought Bitcoin from TR to estimate the costs. Conclusion: savings plan is always around 3-4% higher. Not worth it, if at all then individual purchases
• Weingut Dürnberg: First dividend received and prospects look reasonable. Depending on how the grape harvest turns out next year, a dividend will be paid again and investments can still be made.
• The conservatory and paving the courtyard are done. The house construction is more or less finished, everything else will take time and are small things, but now I have to start saving again as I only have a small nest egg and my deposit. All other funds have been used up as the costs were twice as high as originally planned.
• Podcast with @Koenigmidas is running rather slowly this year due to personal time constraints. You can find the latest episode here: Link zur Folge (also available on Amazon)

Outlook for 2025

So what are my plans for 2025 in terms of finances?

• Investment of €15,000
• Net dividend of €2,400
• One slightly greater focus on high dividend stocks (e.g. to increase $HTGC (-2,47%) to increase the cash flow a little faster)

What are your targets for 2025? Did you reach your 2024 targets and to what extent did you change your targets after reaching (or not reaching) your 2024 targets?

Feel free to let me know in the comments, as I always find it very exciting to see how ambitiously others set/change their goals.

I wish you a good start to 2025 and every success with all your plans and goals.

As with everything, of course, if you're not interested, feel free to keep scrolling and/or use the block function. 😊