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 (+1,33%) 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 (-1,48%) 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 (-3,31%) 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 (-4,35%) , $DHR (-1,59%) and $DHL (+1,25%) 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 (-0,31%) 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 (-1,26%) I cover the missing first month of the quarter for income in this custody account and with the $JEGP (-1,06%) 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 (-0,75%) and $HTGC (-0,54%) 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 $BTC (-0,01%) jumps to new ATHs. I am slowly becoming more attentive again. My strategy is well known, I play the crypto cycles. I want to sell all altcoins as soon as the prices I want are reached, and I may accept losses on one coin ($LTC (-0,02%) ). 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.
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