3Settimana·

May 2026 - €1471.69 Investment Update

edumarbar · 2026-05-29T11:52:15.102321Z

Personal Portfolio Stocks ServiceNow $NOW 4 shares purchased — €403.20 ETFs Invesco FTSE All World $FWRG — €288.65 Global Small Cap Value $AVWS — €24.31 VanEck Space Innovators $JEDI — €120.20 iShares MSCI Global Semiconductor $SEMI — €110.86 Bitcoin (Bitvavo) - €100 Subtotal invested: €1047.22 Next Month Target 90% of the DCA allocated to $FWRG + $AVWS 10% of the DCA allocated to $XDEV to bring it back to the desired portfolio weighting 1 $AMZN share if the price still in my range to buy - €240 Max Shared Portfolio with My Girlfriend ETFs WisdomTree Quantum Computing $WQTM — €154.47 Invesco FTSE All World $FWRG — €130.00 Xetra Gold $4GLD — €20.00 S&P 500 Information Technology $IUIT — €45.00 Avantis Small Cap Value $AVWS — €25.00 Bitcoin (Coinbase) - €50 Subtotal invested: €424.47 Next Month Target 80% of the DCA allocated to $FWRG + $AVWS 20% of the DCA allocated to $IUIT Total invested: €1471.69

Personal Portfolio

Stocks

ServiceNow $NOW (-3,63%) 4 shares purchased — €403.20

ETFs

Invesco FTSE All World $FWRG (+0,65%) — €288.65
Global Small Cap Value $AVWS (+1,08%) — €24.31
VanEck Space Innovators $JEDI (-1,66%) — €120.20
iShares MSCI Global Semiconductor $SEMI (+3,9%) — €110.86

Bitcoin (Bitvavo) - €100

Subtotal invested: €1047.22

Next Month Target

90% of the DCA allocated to $FWRG (+0,65%) + $AVWS (+1,08%)
10% of the DCA allocated to $XDEV (+1,69%) to bring it back to the desired portfolio weighting
1 $AMZN (-4,12%) share if the price still in my range to buy - €240 Max

Shared Portfolio with My Girlfriend

ETFs

WisdomTree Quantum Computing $WQTM (+1,4%) — €154.47
Invesco FTSE All World $FWRG (+0,65%) — €130.00
Xetra Gold $4GLD (+1,38%) — €20.00
S&P 500 Information Technology $IUIT (+0,19%) — €45.00
Avantis Small Cap Value $AVWS (+1,08%) — €25.00

Bitcoin (Coinbase) - €50

Subtotal invested: €424.47

Next Month Target

80% of the DCA allocated to $FWRG (+0,65%) + $AVWS (+1,08%)
20% of the DCA allocated to $IUIT (+0,19%)

Total invested: €1471.69

29.05

ServiceNow

Acquistato x4 a 100,80 €

403,20 €

9 Commenti

Cat@cat_full_of_fries

3Settimana

I don't really understand the hype surrounding $NOW. There must be a reason why the share is trading about 50% lower than the calculation would say.
I had a look at their website, which is full of buzzwords etc., isn't that just hot air?

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jkb92@jkb92

3Settimana

@profit_architect_qvmzm saaspocalypse

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edumarbar@emppsb

3Settimana

@jkb92 i don't know if this is good or bad ahah

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jkb92@jkb92

3Settimana

@emppsb it’s good because we could buy at a discount :)

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edumarbar@emppsb

3Settimana

@jkb92 true, my dcf calculation gives me a price target of €160 bear case, €210 base case and €300 for the bullish case over the 5 years, from todays price we can expect at least 15% cagr for the bear case which is the worst case scenario

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Chris@IronEagle

2Settimana

@emppsb Your prognoses are surely well calculated- but it seems that the market doesn't like them anymore. And a stock is only worth what other people are willing to pay. And that seems to be not much. I was big invested in $SAP and there its the same. You hope it will get up and then you are disappointed again as the gain gets sold off immediately. I dont believe in a big future of these big companies in a market full of innovative companies. The dinosaurs were also big and didnt survive 😁 I should have sold $SAP at the high some days ago. Now we are mostly back where we started before this 'run' .

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Cat@cat_full_of_fries

3Settimana

Oh, actually that's a good point @jkb92
Because the better the AI companies run, the less the SaaS company would be needed. Either OpenAI and co will compete with them or the companies could do it themselves with the AI instead of paying $NOW for it

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jkb92@jkb92

3Settimana

@cat_full_of_fries the word is not mine, it was a term to summarize the (in my view) exaggerated fears regarding saas and AI.

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edumarbar@emppsb

3Settimana

@cat_full_of_fries $NOW is hard to replace because it ends up sitting at the center of core enterprise processes. Once a company builds its IT, HR, finance, and operations on top of the platform, switching means redoing integrations, automation, governance, and even user training. That creates high switching costs and a lot of operational risk, which is why I believe that even as AI continues to evolve, ServiceNow will still play a very important role inside companies.
I also think the fundamentals are disconnected from the current valuation, which makes me comfortable for the long term. I’ve also spoken with a senior executive at $NESN which I have contact with, and he talked to me about how important the platform is for the company and how difficult it would be to replace. This combination of strategic importance and what I see as an attractive valuation is what led me to invest in the company, plus a little bit of hype too ( not gonna lie )

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