Danaher

Golden October is the time when the trees put on their golden dress. A dreamlike time that has something magical about it. I took full advantage of this nature by doing a lot of hiking, especially in Saxon Switzerland, which is where the cover picture of the review post on Instagram comes from. While I climbed the sandstone cliffs via the iron ladders, steps and fittings to then enjoy the view from the cliffs, my investments continued to diligently generate returns for me. Time for a look back.

I present the following points for the past month of October 2024:

➡️ SHARES

➡️ ETFS

➡️ DISTRIBUTIONS

➡️ CASHBACK

➡️ AFTER-PURCHASES

➡️ P2P CREDITS

➡️ CRYPTO

➡️ WHAT IS REALLY IMPORTANT

➡️ OUTLOOK

➡️ Shares

My largest single position in terms of volume $AVGO (+1,3%) has only moved up a little compared to the previous month. But that's perfectly OK after the stock has performed well in the past. A look at the performance makes things more exciting. My $NFLX (+1,95%) which stood at +98% from its acquisition price last month, has now jumped to +115%. I noticed in passing that the number of subscribers has probably continued to grow well, as have the other key figures. Very good, keep it up! The streaming service, which I was the last person to subscribe to before 2018, is developing extremely well. And also $SAP (+0,95%) is growing steadily, can you still remember when the share price collapsed in 2020 after the forecasts had to be lowered? I have held on to the stock and am constantly buying more. One of my few German shares.

On the other side of the coin, it's stumbling a bit. The negative performances of my flops are increasing again, but that doesn't bother me because I $NKE (+3,29%) , $DHR (+1,44%) and $DHL (-0,87%) also see them as successful in the future. Perhaps one or two of them still need to cut costs.

➡️ ETFs

My beloved core unit of retirement provision is growing and growing and steadily paying out more. The rock in the surf, the $VWRL (+0,87%) already accounts for 13.95% of my entire securities portfolio. I can only say again and again: invest significant portions of your income each month in bread and butter ETFs via a fully automated savings plan, then poverty in old age will no longer be an issue in the future. Speaking of old age, at the beginning of November I read a post on Instagram from Finanztip that shocked and annoyed me. They actually advised people to pay into their state pension voluntarily. Was that just a faux pas, or did I just dream it? No, the contribution really exists. They stand for taking your own finances into your own hands and building up assets for old age or in general. For me, this means that this channel is losing its seriousness again, although they were one of the triggers for me to start building up assets after I finished my retraining.

I closed a position in another asset class and used it to buy two more dividend-paying ETFs in one of my old custody accounts. With this $GGRP (+0,8%) I cover the missing first month of the quarter for income in this custody account and with the $JEGP (+0,81%) I have added an ETF to my portfolio that pays out some dividends but also relies on option premiums. The distribution is monthly. I'm curious to see how this develops. This means that from now on all my custody accounts every month. every month. That's fun, because I want passive cash flow!

➡️ Dividends

I was able to collect 21 distributions on 9 payout days in October. I am grateful for this additional income stream.

In the meantime, I have published my extra article on how I deal with reinvestments. As the returns from all custody accounts from the past months of this year already exceed my planned reinvestment amount on average, I now see the opportunity to adjust the planned amount that I want to reinvest via a savings plan upwards. As announced, I am taking $UPS (+0,42%) and $HTGC (-0,22%) in the savings plans as early as December! These are certainly small amounts, but they are helping to make the snowball bigger and bigger.

➡️ Cashback

In October, I redeemed €17 in Payback points at Rewe, got points back and transferred the discount value on the shopping list to my clearing account to invest it immediately via a one-off savings plan. This is in addition to the "You should at least have all the bread-and-butter ETFs!"the second piece of wisdom I preach all the time. If you get a discount, voucher or other benefit somewhere when shopping or ordering online, then invest it, whether directly via payout or indirectly (as I do). In this way, retailers and others help to finance your wealth accumulation and you protect yourself from what it is actually intended for, namely consuming more than necessary.

A statement by Youtuber Balthasar Becker also fits in with this: "I didn't make the rules, I just interpret them in a way that suits me". Or in my words: "I cleverly use the advantage that others give me to lure me in, but in my favor and not theirs."

Always remember, dear readers, even in a tight corset you have a margin in which you can move freely. And you should always use the leeway in your favor. So, enough of the sermon.

Payback was joined by a new payout from the health insurance bonus program. Another €22, which I simply get from my morning sports program and cold training. More about the cold at the end.

➡️ Subsequent purchases

I bought small amounts of ETFs from the above-mentioned inflows from Payback and premium refunds from the KK.

I took a mid three-digit amount from another source and used it to buy two new ETFs for an old portfolio, as already mentioned under "ETFs".

➡️ P2P loans

I'm fed up with this asset class. The constant rounding differences annoy me, as do the defaults. I started trading on October 31st. On the one hand, I deleted the account with EstateGuru despite the last defaulted loan of €50. Consequently, €50 was written off. Bondora Go and Grow also had to go. This is where the mid three-digit amount mentioned above came from, which went into the ETFs for the old custody account.

Peerberry and Mintos cannot yet be canceled. Apparently it is not possible to simply accept the losses by closing the account.

➡️ Crypto

There was still nothing for me to do in October. But now, as I write this article, the US election is already through and $BTC (+0,21%) jumps to new ATHs. I am slowly becoming more attentive again. My strategy is well known, I play the crypto cycles. I want to sell all altcoins as soon as the prices I want are reached, and I may accept losses on one coin ($LTC (-0,14%) ). According to my original plan, I also wanted to sell all the Bitcoin, but I'm now thinking about keeping some of them. In future, I want to reaccumulate Bitcoin in the next bear market in order to play the cycle again. However, I have only invested very small amounts in crypto, which are negligible; for me, crypto remains a zero-sum game. Perhaps it looks completely different for someone who lives in Africa, for example, and doesn't have a bank account.

➡️ What is really important

The long-term wealth accumulation of each and every one of us is certainly automated thanks to savings plans and standing orders. This is precisely why it is important to focus on the important things in life. It's just too short and the end is sure to come.

At the beginning of the month, I returned from my trip to Berlin, which I mentioned in my last review. It was a complete success, it was important for me to convey to the child that you have to leave your comfort zone in order to realize the dreams you have. It takes effort, but it pays off. Only those who leave their comfort zone will surpass themselves. And of course we also had a great time together.

I'm also getting used to the cold. From taking cold showers and preparing for ice baths to running in the cold. My landlord issues me with hot water and heating consumption information at the beginning of each month. I have noticed that my hot water consumption (since I started taking cold showers) has more than halved. That's great! I'm curious to see how much further it will fall. As well as taking cold showers, I'm currently preparing for ice swimming on Fridays after work, which is my current area where I leave my comfort zone. So I actually go swimming at one of the open-cast mining lakes around Leipzig. It takes a few minutes before I have to get out again quickly. It tends to be around 4-5 minutes. Both activities hardly cost me any effort. They even give me a boost of energy. And with the current temperatures, I also go running several times a week in the evening and regularly go hiking. So I also demand a lot from my body and have noticed how it has become much more efficient in recent years since losing a lot of weight in 2020.

➡️ Outlook

It is now the beginning of November and the Trump wave has flooded our portfolios. I hope that there will be no further major sell-off. I am also awaiting my utility bill for the current year. Hopefully there will be a credit again. Because this should be invested.

Links:

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

The trees are putting on their golden-yellow dress, it's getting rainy again and the temperatures are dropping. The golden fall is just around the corner. I take advantage of the cold by only taking cold showers and prepare myself for winter ice bathing. Over the next few days, I'll be swimming in cold water, avoiding hot showers like the plague. Meanwhile, the depot is running. Time for a look back.

I present the following points for the past month of September 2024:

➡️ SHARES

➡️ ETFS

➡️ DISTRIBUTIONS

➡️ CASHBACK

➡️ AFTER-PURCHASES

➡️ P2P CREDITS

➡️ CRYPTO

➡️ WHAT IS REALLY IMPORTANT

➡️ OUTLOOK

➡️ Shares

After the top of the class $AVGO (+1,3%) has deflated, it is now shifting up a few gears again. The +121% performance of $AVGO (+1,3%) increased to +178% last month. There is still some way to go to +200%, but perhaps I will soon have the first trebler in my portfolio. That puts me in a good mood! The heavyweight, which also accounts for the largest volume among the individual stocks in my share portfolio, is attracting other heavyweights such as $WMT (+2,04%) and $NFLX (+1,95%) behind it. The last few months have also seen $SAP (+0,95%) steadily risen in my portfolio and has now already reached 4th place, accompanied by $AAPL (+0,52%) . The former leader $NOVO B (-2,54%) continues to fall but is still performing well. There are also other stocks that are fighting their way up that I did not expect at the time. For example one $ABBV (+2,98%) or $BAC (+1,49%) .

If I look at the performance, I am also spoiled with great results behind the winner. $NFLX (+1,95%) shines with +98%, $NOVO B (-2,54%) with +74% and $SAP (+0,95%) with +72%. When I added the stocks to my portfolio, I would never have imagined that there would be any stocks in my gold box that could double. I'll probably have several of them next year.

And I'm not worried about the basement floor either, as the negative performances are constantly moving towards zero. Step by step. There was also a change in the order at the lower end due to additional purchases. My smallest positions by volume are now $CP (+2,87%) , $DHL (-0,87%) and $OR (+1,38%) in terms of performance they remain $NKE (+3,29%) , $DHR (+1,44%) and $CVX (+0,88%) o.

➡️ ETFs

My beloved core retirement savings unit is growing and growing. The biggest chunk, the $VWRL (+0,87%) already accounts for 13.4% of my entire securities portfolio. All I can say here is: stubbornly and steadily save a portion of your net salary every month in the boring bread-and-butter ETFs by standing order and savings plans, then you can successfully escape the monster of old-age poverty. In my opinion, everyone should do this. I'm a fan of distributions because they provide a steady additional income. And by saving continuously, this income increases. I also promote this in my private circle. I think it's a shame that so many people respond to my efforts to raise awareness with "Yes, but ...". By constantly hiding behind excuses that are always the same, people are driving themselves into poverty in old age. Even worse are those who think shares (or securities in general) are the devil's plaything and moan about pensions. On the one hand, they don't understand how the pay-as-you-go system really works, and on the other, they completely lack basic financial education. They think they are throwing money into a certain pot from which they can later withdraw. Interestingly, this is only the case with their own portfolio, not with the state pension.

In addition to broadly diversified standard ETFs, I like to put unplanned inflows into dividend ETFs. I want cash flow that will one day cover my living expenses.

➡️ Dividends

I received 33 distributions on 14 payout days in September. I am grateful for this additional income stream.

Unfortunately, I didn't manage to write the extra article I announced in my last post about how I deal with reinvestments last month. This is planned for this month. My plans $UPS (+0,42%) and $HTGC (-0,22%) into the savings plans remains in place. I already teased this in the last review.

➡️ Cashback

In September, I received a €40 voucher for scanning my daily purchases, which I used to buy overhead headphones that had been on my watchlist for a while. In line with my cashback procedure, I deducted the equivalent value of the voucher in euros from the corresponding provision and transferred it to the exchange. In this way, I use the benefit of the voucher as productive capital instead of just consuming more like others. My budgets for wear and tear and provisions are thus adhered to and the benefit indirectly finances my asset accumulation.

➡️ Subsequent purchases

Thanks to a small bonus, reimbursements from health insurance and supplementary dental insurance and the aforementioned voucher, I was able to make several additional purchases last month. These include the additional purchase of 2 $UPS (+0,42%) and 6 $HTGC (-0,22%) shares as individual additional purchases. I am convinced by both companies. I also invested €27 in the one-off savings plans $SPYD (+1,39%) , €49 in the $TDIV (+0,59%) and €44 in the $FGEQ (+0,47%) invested. Simply to increase the cash flow from the investments. Bit by bit, the tap is being turned on further and further.

➡️ P2P loans

Over a long period of time, I have managed to reduce the amount of defaulted loans on my remaining platforms to a double or single-digit sum. All the rest has been withdrawn. Of course, no progress has been made with interest or redemption payments. I wish the operators would simply write off the rest without replacement so that I could ditch all the platforms. Bondora Go & Grow is an exception to this rule. This is running smoothly, but I'm not putting any new funds into it, I'm just letting it run.

➡️ Crypto

I'm not currently doing anything here. I advise everyone to study the debt cycle and the crypto cycle in order to understand price movements in the long term.

➡️ What is really important

I was on vacation at the end of the month into October, so I spent time with my ex's kids, whose social father I was allowed to be one. First I spent several days with the kids and my ex. I went out in the evenings with the older teenage girl, mainly to give her the attention she was looking for so that she could be the focus of attention herself. In October, we spontaneously went to the capital for a few days at the child's request. This kind of time together with all the experiences helps to strengthen and rebuild the bond, which has of course suffered in recent years, for example due to physical separation. There have been so many great moments over the years, both in the province and in the big city. Enjoying the peace and quiet in the evenings with a great view, listening to what moves her and then the trip to the metropolis with its light and dark sides. And so much more.

Why am I writing this? Because it's moments like these that make life worth living and give us strength in dark times. This is even more valuable than our beloved topics of finance and investment.

➡️ Outlook

The year-end spurt begins very soon. I am hoping for price magic like last year. But the crypto cycle will be even more exciting, as we expect prices to skyrocket at the turn of the year.

Left:

Instagram profile with review: https://www.instagram.com/frugalfreisein/

Threads: https://www.threads.net/@frugalfreisein

X Profile: https://x.com/frugalfreisein

Spring is in full swing, my tomato plants are flowering and soon there will be delicious "yields". Time for a look back at May.

➡️ Shares

With an incredible +148% $AVGO (+1,3%) in my portfolio. The model student is not only the performance winner, but also the heavyweight in terms of portfolio volume among the individual shares. The share has long since cracked the €1,300 mark in terms of volume and is continuing its journey. I am not letting this horse out of the stable á la Beate Sander. I could well imagine that a split is imminent here, after the $NVDA (+1,51%) recently completed. Otherwise there is hardly any news, the performance of the good stocks continues to rise and the negative performance of my flop stocks is steadily improving. Thus $DHR (+1,44%) only at -24% instead of -30%. That's how it has to be. You can just feel a moderate wave lifting the boats. In favor of the ETFs, I will leave the comments on the stocks short this time.

➡️ ETFs

With this review, I'm going to take a closer look at my ETFs. I originally started with a 50/30/20 strategy on the MSCI World, EM and Europe, which I later supplemented with an Immo and Small Cap ETF. So the MSCI World with the MSCI EM ETF formed the core portfolio and the other ETFs were small satellites around it.

As these were almost all accumulators at the time and I quickly realized that I could build up additional income by saving in distributing ETFs, I quickly said goodbye to the accumulators. I also moved my ETF custody account to a neobroker. This is where I now manage my large ETF portfolio, which will form the absolute basis of my retirement provision. So if the dividends are not enough, or if I have to sell the portfolio and a sale is unavoidable, then the shares will be sold off piece by piece first and the ETFs will only be touched later. This portfolio contains the $VWRL (+0,87%) , $VHYL (+0,84%) , $VUSA (+1,05%) , $ISPA (+0,76%) , $IMEU (+0,37%) and $IWDP (+1,02%) . The current portfolio content consisting of an All World ETF and geographic and/or thematic shear points around it does further justice to the core-satellite concept. All these ETFs are saved monthly and all pay out dividends.

My first old portfolio naturally still contains residual holdings. These have been converted into distributing ones where appropriate and are shown in detail in the $EXXT (+0,36%) , $ZPRG (+1,08%) , $ISPA (+0,76%) , $SPYW (+0,11%) , $SPYD (+1,39%) . The portfolio volume is in the four-digit range. The $ZPRG (+1,08%) is saved. Further cashback flows into one-off savings plans, which replenish one of the other positions. The core task of this portfolio is to generate cash flow, so share price growth is less important to me. I am currently reinvesting the distributions. I could also imagine diverting this as a boost to my nest egg, as a kind of "inflation compensation". It's good that you can set up savings plans and standing orders at the click of a mouse these days, which gives me the flexibility that I base this portfolio on.

My second old custody account used to be the main custody account for the shares, which have long since been with a neobroker and are saved there. I bought two new ETFs here in May, which I also save a small amount of money in each month. They are the $FGEQ (+0,47%) and $TDIV (+0,59%) . Here I have the same idea as above. Simply generate cash flow that is reinvested but can be used in other ways if necessary, e.g. to contribute to my fixed cost lump sum.

I can certainly simplify my ETF portfolios considerably and close the old portfolios completely. But I don't want to and won't do that. It's a great feeling when money rains down from the sky every month on all banks/brokers. I want to retain the flexibility of multiple brokers so that I can react quickly if a broker cancels my contract (for whatever reason). In addition, operating this infrastructure does not cost me any fees.

➡️ Distributions

I received 21 distributions on 10 payout days in May. This time, the German values also fell $SAP (+0,95%) and $DHL (-0,87%) to book. May was strong in terms of dividends and was almost on a par with June last year. With the past month, I am already well above the dividend that I expect on average according to my planning.

Outlook: According to my forecast thanks to GQ, June 2024 will eclipse everything by far. Depending on the distributions in the fall, I may be able to increase the size of my planned dividend reinvestment. That puts me in a good mood!

➡️ Cashback

I found a few returnable bottles and cans along the way while hiking and on the way home. Especially on men's day. Without me actively looking for them. The deposit was taken away these days. I may invest the proceeds once again in $SOL (+8,53%) invest it again.

I haven't redeemed any Payback points this month, but I have been busy collecting them.

➡️ P2P loans

With the exception of Bondora Go&Grow, the interest and redemption stream has now dried up on all platforms. EstateGuru also abruptly introduced a new price list at the end of the month, to the detriment of us investors of course. I didn't like this and it only confirms my intention to exit this asset class. There will be news here next month.

➡️ Crypto

It's a case of wait and see. There is no other way to describe the situation. A look at the $BTC (+0,21%) -price shows the sideways movement and resistance at USD 71K. We must remain patient.

➡️ Outlook

The tax refund is on its way and will be invested. Part of it will even be donated. You'll find out what next month. I might also introduce you to a great project that is definitely worth donating to.

The trees are already green in all their glory, it's getting significantly warmer again and the Easter bunny has long since done his job. More people are taking advantage of the good weather to go hiking and the first home-grown tomato plants have been sold. Time for a look back at April.

➡️ Shares

As an analogy to shares, Beate Sander once said that she doesn't let her best horses out of the stable, and I see it the same way when it comes to shares. The tax consequences would be too disadvantageous for me just to take profits. In terms of volume $WMT (+2,04%) has returned to third place in terms of volume, and the following places in the top league don't show any major change either. These boring shares, such as $FDX (+2,71%) , $NOVO B (-2,54%) , $FAST (+0,67%) , $NFLX (+1,95%) and so many others appeal to me. They grow steadily and generate sales, pass on the cost increases to the end consumer and just keep digging their moat. Even the back seats, the $HTGC (-0,22%) or $CP continue to fit into the concept for me.

Looking at the performance makes me proud of my rockets $AVGO (+1,3%) and $NOVO B (-2,54%) which can boast more than +100% performance. Also $NFLX (+1,95%) is up almost 75%, a share that many people wrote off not so long ago.

And my flops? $DHR (+1,44%) , $SBUX (+2,42%) and $NKE (+3,29%) are my 3 stocks with -20% to -30% price performance. That still leaves me cold. Starbucks stores are still well stocked, Nikes are still selling and Danaher will continue to find sales for its biotechnology and diagnostics products.

This month I have again bought individual shares of $HTGC (-0,22%) to further increase the income stream.

I am focusing on the dividend growth strategy, but also have stocks that pay out nothing or a lot, as there is not only black and white, but also many shades of gray in between.

➡️ ETFs

This month, €133 from refunds, expenses and cashback from Payback went into the $ISPA (+0,76%) and the $IWDP (+1,02%) . I see better times ahead for both dividends and real estate. We still need to be patient until this sticky inflation is over. That will take some time yet. But that suits me. Favorable entry prices are perfect for building up assets.

➡️ Dividends

I received 22 distributions on 7 payout days. This is a good result for a month that is poor in dividends for me.

➡️ Cashback

REWE had another great Payback campaign. They gave 20% back for redeemed points. I like to call Payback a money-printing machine because of promotions like this. Every cent counts when building up your wealth. So I redeemed the equivalent of 26 euros in Payback points at REWE and immediately moved them from my grocery account to a clearing account in line with my cashback pension strategy. Again, more money to invest instead of spending it. I also received a voucher from Penny for €5, which I will redeem in May. Payback is currently running another campaign with multiple points vouchers.

Mother Nature provided me with beer bottles as cashback while I was hiking and on my way home from work. The full deposit bottle bag will be taken away in May. It's not a lot of money, but at least a little more for the depot than planned.

➡️ P2P loans

In April, only interest and repayments were paid out at EstateGuru. I deducted all cash balances from all platforms. It was 20€. Better to have than not, they were included in the ETFs I bought.

➡️ Crypto

I sold my first home-grown tomato plants at the end of April. I used the proceeds to buy $SOL (+8,53%) bought tokens. Why? Solana will be the only coin that I will not sell tax-free and I also see greater potential for price appreciation here. In contrast to $ETH (-0,33%) it is performing. But this is not investment advice, I could be wrong. Otherwise I'm in a "beware" position with regard to my strategy and will wait and see.

➡️ Mail from the landlord and compensation

My landlord, a municipal housing association in a large city in eastern Germany, has recommended that I voluntarily increase the advance payment for hot water and heating due to increased producer prices, expiring state subsidies and the expiring reduction in VAT. According to my calculations, I can expect a cost increase of €9 and €17 per month. As my reimbursements from the utility bill are decreasing over the years, I have decided to increase the advance payment for hot water and heating by €15 from June 1.

This way, I can secure the refunds for the next few years, which I always use to make additional purchases. This means that in future my warm rent will be 19.5% of my net salary with a travel allowance from my employer. Living at €409.96 warm in my 49 m² prefabricated apartment is still very cheap, without a doubt. I think many others can only dream of that.

At the same time, my municipal utilities have reduced the price of electricity considerably. According to Check24, there are two cheaper providers, but I've never heard of them. My working price is now even cheaper than that of other well-known providers such as Vattenfall. The annual electricity bill I received in April included a €147 refund, so it was now time to reduce my advance payment. The increase in the above-mentioned ancillary costs was offset by further reductions in my flat-rate provisions. I can still maintain my investment rate from my net salary of €1,000 and I'm very happy with that.

➡️ Outlook

There will be more dividends again in May thanks to my German payers $SAP (+0,95%) and $DHL (-0,87%) . I also hope to receive my income tax refund. Have a great month of May. Don't forget your mothers.

$DHR (+1,44%)
$VNA (-0,83%)

To my Austrian investors at Flatex:

Have you also had the experience that Flatex.at acts very strangely (not to say wrongly) when it comes to "special tax questions"?

Here are two examples to illustrate this:

for the stock dividend of $VNA (-0,83%) last year, shares with a purchase price of €16.15 were booked into my account (19 times €0.85). When selling, I would now only pay the difference. However, no withholding tax was paid on the distribution. Furthermore, I received a cash dividend for the remaining shares, where the receipt stated that the purchase price would be reduced, which did not happen.

Result: positive treatment for me (even if probably wrong)

in the spin-off of $VLTO WI (+1,53%) from$DHR (+1,44%) the Veralto shares would be booked at € 0.00 acquisition price. I therefore pay tax on the full difference when selling. However, the purchase price was lowered for me at Danaher. The closing price was apparently €64.05. Now this amount was deducted from each individual Danaher share. However, this is wrong in three ways, as I then 1. pay tax twice (on the one hand because the Veralto shares were booked in at €0, but at the same time the purchase price was reduced at DHR), 2. the purchase price would have to be reduced by at most 1/3 in proportion to the spin-off. 3. also those shares were reduced for which I did not even receive a Veralto share (because I did not have a multiple of 3 shares in my portfolio)

Unfortunately, customer support is usually overwhelmed with these questions, which means that no corrections are made 💀

A good tailwind is also blowing in February, not only on the traditional stock market, but this time also on the crypto markets. Time for a monthly review, starting with my portfolios.

➡️ Shares

There was a small reallocation among the largest positions in terms of volume.$AVGO (+1,3%) ,$FAST (+0,67%) and $NVO (-2,14%) form the top, $MSFT (+0,08%) slips to 4th place, perhaps a first consolidation for Copilot? I am particularly pleased with Broadcom, which is up +140% and has exceeded my position volume of €1000.

In the performance sorting $NFLX (+1,95%) rises to 3rd place with a good +82%. I am pleased with this development, while I can influence the volume by making additional purchases, this is not the case with performance. I remember about 1.5 years ago when the Netflix share was in the basement of my portfolio and was supported by reinvesting dividends. That's how it has to go!

The positions with the red lantern are $MMM (+0,67%) ,$DHR (+1,44%) r and $CPB (+2,3%) . For the last two, the business models are right for me and I am sticking with them. As far as 3M is concerned, my mindset is now changing. I can still bear the loss, but I no longer completely rule out a sale. Even if it goes against my own rules, I think a sale is possible, for example to offset capital gains at the end of the year. A sale is the last resort for me and the 3M sticky notes on my office desk no longer lift my spirits with regard to this stock.

There will be a bonus from the employer, but it will be much smaller than I thought. So I will probably have to choose between$UPS (+0,42%) and $JPM (+2,19%) and . The decision is difficult, but I'm leaning towards the logistics giant. The losing company will be bought later, at the latest with the next bonus.

On the other hand, I have invested extra money from health insurance refunds and dental supplements in$HTGC (-0,22%) in order to supplement my$ARCC (+0,68%) position with another BDC. Stocks with very high dividends are rather rare for me, as I usually pay more attention to dividend growth, but I really liked Hercules Capital, and another tranche will be added when I receive a credit from the upcoming electricity bill.

➡️ ETFs

They do their job. Growing slowly and steadily and paying out a few more thalers along the way. A small sum from a sale fed a one-off savings plan on a legacy portfolio.

➡️ Distributions

I was able to collect 17 distributions on 7 payout days. What a great thing! On 15.2. in particular, it paid out decent dividends.

➡️ Cashback

I am in love with cashback. Money flowed back into an old deposit in line with my "cashback pension" strategy in order to top up further. The money comes from the equivalent value of redeemed payback points and real cashback, which I always deduct from my normal (food) budget to make this "benefit" work for me in the best possible way.

I also went hiking and Mother Nature was kind enough to provide me with cashback in the form of beer bottles. I will soon be taking these away with others and investing the equivalent value of the deposit. Incidentally, I haven't drunk alcohol for years. :D

In February, I published two Instagram posts on the topic, also looking at it from the perspective of habits.

➡️ P2P loans

I don't think I'll live to see the day when I withdraw all my funds from P2P. There have been a few repayments from EstateGuru, interest is extremely delayed there too, with the exception of Bondora Go&Grow.

➡️ Crypto

Things took off at the end of February and I'm no longer completely unimpressed by the prices. However, it is still too early to cash out. The BTC rainbow chart is already at a level where you should start paying attention, and the ETH rainbow chart is even clearer. The crypto cycle, on which I base my entry and exit, was visible at a smaller time level in the last week of February. I am still completing my sell targets. I have already written something about this and the strategy in general here: https://getqu.in/CsQaHU/

I think this makes it understandable why I am not yet betting on HODL at the moment.

I will definitely publish an article as soon as my levels are finalized, which you can read here.

➡️ Interim New Year's goals

Here is the interim status of "non-monetary goals" or habits that I want to continue, consolidate or expand:

- Exercise every morning: ☑️

- Walk every evening to switch off: 28 out of 29 days ☑️

- Normalize sleep rhythm + get up at 7:30 a.m. at the latest during the week: ❌

- Fast 3x for at least 7 days: 1 out of 3x so far, but not done satisfactorily => ⭕️

- Mindset and good contacts: Finding new contacts who tick like me and want to get on in life instead of nagging I'm still looking for. => ❌

- Daily reading: 28 out of 29 days ☑️

- Educate and further my education (without a real end goal): Continuing to work with Wordpress and attending a business seminar ☑️☑️

There is still a lot to do. Have a great March. Attached are my own shots of nature beginning to awaken.

This report is already a bit shorter than in January, I'm trying to make it even shorter, but just bullet points are not enough for me, that's just not my style. 😄

Hello,

I have developed a fascination for (strongly) focused portfolios with high-quality shares and am currently giving some thought to how I would implement this.

The attraction is clearly to have a higher chance of outperformance and to be able to follow the selected companies in a more concentrated way. For me, this would also be a more relaxed B&H&C, as there are fewer stocks and only high quality, where price losses are more likely to invite additional purchases.

The higher volatility is not a problem for me, as I can cope with it psychologically and have an investment horizon until at least 2040.

I would still be overweight in tech. The sector allocation would remain very similar to my current portfolio of 16-20 stocks. Tech, pharma/biotech and luxury are my favorite sectors with which I feel sufficiently diversified.

I would also make sure that the companies themselves are somewhat more broadly positioned or, if "one trick pony", then with a strong moat (e.g. $ASML (+3,19%) ).

Option 1 is the following (extremely focused!):

20% $MSFT (+0,08%)

20% $ASML (+3,19%)

20% $MC (-1,36%)

20% $DHR (+1,44%)

20% $BTC (+0,21%)

Variant 2 is similar, only with 2 companies per division:

10% $MSFT (+0,08%)

10% $GOOGL (-5,23%)

10% $ASML (+3,19%)

10% $AVGO (+1,3%)

10% $MC (-1,36%)

10% $RMS (-0,13%) or $RACE (+1,22%)

10% $DHR (+1,44%)

10% $VRTX (+0,47%) or $MEDP (+4,11%)

20% $BTC (+0,21%)

What are your thoughts on this? People who also have a focused strategy are also welcome. 👍🏼

Best regards

What a January. Once again, it's impressive what the new year had to offer us all. Time for a monthly review. This year, I plan to adapt my summary in several steps. First of all, it will be shorter. I'm also going to take my New Year's resolutions and see how well I've fulfilled them. But let's start with the latest developments in my portfolio.

➡️ Shares

My largest positions in terms of volume are still the usual suspects $AVGO (+1,3%) , $MSFT (+0,08%) and $FAST (+0,67%) . They set the tone in the share portfolio. I am particularly pleased with $AVGO (+1,3%) which is now shining with +125% (end of Dec. approx. +100%). There has not yet been a strong correction. In absolute terms, this will soon make up the €1,000 mark in invested capital.

In addition $NOVO B (-2,54%) in 4th place by volume has now exceeded the +100% performance. Really solid, I thought after a few splashes it would have eaten itself up again and the stock would have corrected. Still in the top 10, I also noticed a stock that is now more visible at +50%. It was sold off by some in October 2020 after the share price fell: $SAP (+0,95%) . I tend to stay away from German stocks, but this one is one of three exceptions.

Of course, there are still stocks with a red sign, but these are improving bit by bit thanks to DCA. $DHR (+1,44%) and $MMM (+0,67%) both between -25% and -30%. For me, however, the investment case still fits for both. The souvenir $VLTO WI (+1,53%) I will sell as soon as the price suits me. Otherwise I generally don't sell. For me, the (valuable) invested capital is working time formerly stored in (worthless) money in the form of net salary; for me, selling is like cutting a piece of meat out of my body.

Soon my employer will also be reporting figures for the past FY, and my bonus depends on that. There are also two planned reimbursements from the health insurance company and one from the dental supplement and I'm sure there will be another credit on my electricity bill. Everything by April at the latest. The money will be invested at Easter or sooner in my candidates for new positions. These are: $UPS (+0,42%) , $JPM (+2,19%) and $GLAD . I am still deciding whether it will be all three or just two.

➡️ ETFs

I don't need to repeat myself here. My statement that they are the least everyone needs to do to escape the monster of old-age poverty still stands. Anyone who doesn't invest is a fool. Privately, I am pleased that I can use my experience with this investment vehicle to give people in Facebook groups and on Reddit an example of how simple retirement provision can be. Fight the savings book!

And in line with the battle message, I put a few extra coins into the $ISPA (+0,76%) put some extra money into the There were a few comments about alternatives: https://getqu.in/XAvjzL/

➡️ Distributions and taxes

My strategy of switching to distributing ETFs has paid off. I want it to be tax-simple. In other words, the money that flows to me should be taxed as much as possible and I don't want to hold money anywhere or calculate how much tax-free allowance I will lose for an advance payment. So last March and November, I reallocated some of the ETFs that were still accumulating. The result: only two advance lump sums were due on distributors ($VUSA (+1,05%) and $EXXT (+0,36%) ), which means that the notional lump sum was higher than the basis for calculating the distribution for only two of my ETFs.

Among the ETFs, the $ISPA (+0,76%) only one payout date. For my shares, I was able to book 21 payments on 11 paydays. January had 22 working days in Saxony, of which there were dividends on 11 days, great, right?

➡️ Cashback

I have set aside €10 from payback points for cashback annuities in a settlement account. Cashback proportionally feeds a $ZPRG (+1,08%) savings plan. I will explain exactly how this construct works in a separate article later.

➡️ P2P loans

I continue to long for the day when I am out of this asset class, with the exception of Bondora Go&Grow. I will keep these for the time being.

Repayments are only coming in chunks.

A sad negative record: this was the first month in which only two out of four platforms were still earning interest, i.e. the capital to be collected is virtually no longer working.

➡️ Crypto

No news compared to previous months. I'm waiting with my holdings for the crypto summer. After all, it's crypto spring What I'm currently waiting for: the start of staking at BISON. I want to watch it from the sidelines and then decide whether I want to get involved. If I do, then the corresponding coin will not be cashed out at the turn of the year.

➡️ Interim New Year's goals

Here is the interim status of "non-monetary goals" or habits that I want to continue, consolidate or expand:

• Exercise every morning, at least 30 min on weekdays, at least 75 min on weekends: 30 out of 31 days ☑️
• Resume the evening walk from COVID times: 30 out of 31 days ☑️
• Normalize sleep rhythm + get up at 7:30 a.m. at the latest on weekends: The body actually wakes up before 7:30, but the rhythm is still stuck, I have to go to bed earlier => ❌
• 3x total fasting for at least 7 days: with 12 months, I have to start the first one in April at the latest: ergo no rating (p.s. I start the first one tomorrow). => ⭕️
• In addition: adjust your diet: I have already been able to start the protein portion by paying more conscious attention in the supermarket. The big task is still: How to reduce wheat flour (except by replacing it with spelt & co). At the end of the fast, I want to change my diet again. More greens, more protein, even less sugar.
• Mindset and good contacts: There's still a big construction site here too: Avoiding negative sources is going well, but I still need to find positive drivers. => ❌
• Daily reading: 30 out of 31 days ☑️
• Education and training: I'm working on Wordpress, MS Copilot, reviving my IG account and how to build up another side income in general. Since education and training is a process and has no end goal, I give myself the point: ☑️

As you can see, it's easy to make plans, but it's also important to consolidate the habits and fit them into everyday life.

And now I wish you all a wonderful upcoming carnival.

Picture: Impression while hiking (St. Mary's Church, in front of the Paul Gerhardt monument, Gräfenhainichen [Saxony-Anhalt])