Preface:

In the following, I would like to present how my portfolio has developed over the course of 2024.

This includes

1) my strategic orientation

2)Return on the portfolio.

The main topics are:

• Moving away from individual stocks
• Entry into gold and bitcoin
• Factor investing

Finally, I will give my own thoughts on how to proceed.

The main changes to my portfolio that have led

to my current strategy are presented below using a short timeline.

timeline:

My timeline

Beginning of 2024

At the beginning of the year, I pursued a 70/30 core satellite

strategy. The 70% ETF core again consisted of STOXX Europe.

MSCI World, Emerging Markets.

The 30% consisted of stocks such as: $CSIQ (+8,31%) , $O (-0,15%) ,$TSM (-3,66%)
$ADM (+0,25%)
$UMI (-1,34%)
$D05 (+3,32%)
$BMW (-0,86%)
$UKW (-2,81%)
$8031 (-3,31%)
$MUV2 (+1,72%)

February

Addition of gold to my portfolio. Target size 10%. Build-up in batches.

The remaining 70/30 strategy therefore only relates to the remaining

90%.

April-June:

Entry into Bitcoin via Trade Republic in several batches

at prices between 50k and 63k.

After exchange with @Epi to the fee schedule at Trade Republic

I sold them there in order to sell Bitcoin on a dedicated crypto exchange.

exchange.

June:

Thanks to @PowerWordChill I got to grips with factor investing. A Gerd Kommer book later, and after some internet research, I decided to

decided to transform my ETF strategy into a factor ETF strategy.

July-August 2024:

Sale of my shares. Concentration on the factor portfolio.

August - September 24:

Renewed build-up of Bitcoin with the aim of making Bitcoin a

a fixed component of the portfolio. Consideration is 5%-10%

of my portfolio.

The idea. Build up an initial position, then make regular

investments of €50 per week with the aim of growing to the target size

to grow to the target size. The rapid rise in October/November led me to

led me to leave it at €50 per week. And individual purchases in

larger tranches at an early stage with a portfolio size of 2.x%.

End of December 2024:

Position size of Bitcoin almost 5%.

I am not yet including Bitcoin in my gold/ETF quota. I'm still running it on the side.

I re-evaluated my factor weighting at the end of the year

and would like to fine-tune it a little. I will briefly present the result in the

following section.

In addition, I have decided to include a small

include a small proportion of real estate stocks. However, this will probably never

part of my strategy worth mentioning and contains - as of today - only

about 3% of my portfolio and only $O (-0,15%) ).

Overall breakdown of my portfolio:

As described above, I do not yet include Bitcoin in my overall strategy

part of my overall strategy so that rebalancing remains easier. This will

change when Bitcoin reaches its target size.

The rest is made up as follows:

ETFs:

$XDEM (-0,17%) 30.3% (MSCI World Momentum)

$XDEB (+0,69%) 10.1% (MSCI World Minimum Volatility)

$XDEV (+0,36%) 10.1% (MSCI World Value)

$ZPRV (-0,57%) 15% (MSCI USA Small Cap Value Weighted)

$ZPRX (-0,34%) 6.5% (MSCI Europe Small Cap Value Weighted)

$PEH (-0,55%) 4.5% (as a quality factor on emerging markets)

$5MVL (-0,78%) 4.5% (Edge MSCI EM Value)

$SPYX (-0,02%) 9% (MSCI EM Small Cap)

Gold

$EWG2 (+0,59%) 10% Gold ETC

Getquin Rewind and own data:

At the end of the post you will find my Getquin Rewind, as I was not able to embed the image in the text:

However, according to my own calculations, this cannot be correct.

My portfolio volume at the start of the year was around €103,500 with a return of €16,693. This would correspond to a total return of 19.2%. However, we are not yet talking about a time-weighted return, as my invested capital has roughly doubled over the course of the year. I therefore estimate my TTWROR to be higher.

My own thoughts and outlook:

I do not expect any major changes in strategy over the next few years. At some point, a strategy will have to be established. If necessary, I will make some adjustments to this strategy.

This includes the fact that I am dissatisfied with the costs of the emerging markets factor ETFs. So far, however, I intend to live with it. Should I

stumble across better products, I will consider switching. Especially as long as I stay within the tax allowance when switching.

I'll also have to decide how big my Bitcoin holding should ultimately be.

If you've been reading carefully, you'll notice that a lot of money has accumulated in the last year. Big profits, big investments. Due to personal circumstances, I will not maintain these rates in the same style, but will reduce them somewhat. I expect to be able to continue investing around 1.5-2k per month. This means that my financial goals are

with an expected return of 5% adjusted for inflation over many years.

I am half hoping for major setbacks in the near future and the associated favorable entries. However, in view of the impact that minor price jolts have had on society as a whole (thanks to populism), I don't really wish for them.

Do you have any suggestions, questions or comments? Is there anything that particularly interests you?

I am also happy to receive suggestions for improvement for future posts.

Best regards,

Your Smurf

PS: @DonkeyInvestor and me, that's love ❤. And now send me your coins! (So I can reward your next post appropriately).

PPS: I hope someone is interested.

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 (+1,22%) Nestle

$CTAS (+2,53%) Cintas (savings plan)

$RACE (+0,57%) Ferrari

$D05 (+3,32%) DBS

$UNH (+1,07%) United Health

$V (-0,12%) visas

$CSNDX (-1,19%) Nasdaq 100 (savings plan)

$XEON (+0,02%) 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 (-0,63%) Anglo American PLC (+37%)

$IBM (+1,07%) (+26%)

$BAC (+2,06%) Bank of America (+45%)

$UKW (-2,81%) Greencoat UK Wind (0 to 0 due to dividends)

$SBUX (+0,01%) Starbucks (+10%)

$BIGG (-7,72%) 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 (+0,57%) 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. 😊

The stock market year is now history and I am quite satisfied with the performance, or rather it was my personally best year on the stock market so far in my almost 8 year "career" as a "fund manager", almost 50,000 € gross asset growth in one year, for me as a simple man and normal earner still surreal. I mean, that's more than my gross annual income from my job. In addition, there was a gross dividend of around €9,000, which I have to rely on getquin for, because I got a bit lazy this year and didn't track the net dividend in Portfolio Performance on my PC. It's a bit strange to share my "successes" anonymously here on social media, talking about them in real life with friends/colleagues and sometimes with family is still unimaginable for me.

As far as the portfolios are concerned, there has been a lot of movement, at least in my Scalable portfolio.

Reit has been reduced somewhat, the BP and Shell positions are out and have been partially reallocated to Chevron and Exxon. Altria and BAT are also no longer in the portfolio. With a heavy heart, I have also sold $UKW (-2,81%) with a heavy heart 😥

As these are positions with high dividends, the cash flow for 2025 will also fall to around €7,000 gross.

I used some of the money to invest in shares with a little more potential in the future and so I only added positions in November, such as $ASML (-0,64%)
$LRCX (-0,13%)
$KLAC (+0,35%)
$DB1 (+1,23%)
$CSL (-1,22%)
$NXPI (-0,48%)
$TTEK (+0%)
$CTAS (+2,53%)

In addition, I started my "savings plan project" at Trade Republic in February 2024 with the "Ultimate Homer Hardcore ETF", which has now reached a "fund volume" of over €70,000 💪😁

2025 is the turn of the 100k 😁👍

The 50k is divided into approx. 45k price gains for shares and 5k for gold/silver

A happy new year and a happy new year 2025 to you all 🥳💰🍀❤️

A breath of fresh air in the depot

$UKW (-2,81%) Position finally filled. My portfolio now also has a green soul.

Goodbye.

It kind of hurts a little bit. But since I need money, I'm using it to at least tidy up the depot a bit.

Now that @Simpson is already gone, it's time for me to go too.

After all, it's almost zero to zero.

+++Breaking news: CEO @Simpson sold his entire position yesterday+++

The CEO no longer seems to be convinced of the company's success. We in the legal department have little insight into the operational business, so we are following the CEO on his new path.

New addition to the depot. I actually wanted to join this $UKW (-2,81%) club, but find the shovel builder more exciting than the prospectors ;)

I myself have been on getquin for over 3 years and have seen a few users come and go. Sometimes I mourn the good old days when it was still really wild and less finfluencery here. But the world keeps on turning.

That's why I'm not going to leave old companions like @InvestmentPapa
@TheAccountant89 or @Europoor who have made great contributions but haven't really been active for a long time. I'm talking about a few hand-picked users who are constantly making a great contribution to the community, even today.

And here they are, my top 9 that you absolutely have to follow

@Simpson - By far the coolest user on getquin for me. He is somehow different, super funny and incredibly likeable. He's the only member of the $UKW (-2,81%) sect that I've never given a 🆘. You don't give a Homer Simpson a 🆘

@GoDividend - just knows everything about cashback, dividends and how to earn money on the side

@stefan_21 - the all-knowing and always helpful Bitcoin genius

@TradingMelone - no longer so active lately, but the place to go when it comes to trading, crypto niches and tax optimization with listed properties (and thus has a unique USP)

@Epi - simply a smart guy, very well-founded, broad knowledge, clear and rational

@RealMichaelScott - very deep knowledge, always with interesting approaches and sometimes thinks outside the box. What he says has substance

@Koenigmidas - simply invests in everything that's not up to scratch. Whether it's apartments, crypto, timeless or music. Accordingly, he can share many experiences. He has also launched a community podcast.

@Barsten - gives insights into his wacky CV, which can easily be described as "from rags to riches"

@Dr27589 - Unfortunately, you can't follow him, but he knows his way around the insurance industry and is happy to give (detailed) tips and advice on all kinds of insurance products

As is usual with such lists, I'm sure I've forgotten someone. So for anyone who feels forgotten, a big 🖕 (and an extra 🖕 to @DividendenWaschbaer ).

Which users do you think are essential to follow? What are the favorites of the getquin employees @Kundenservice
@Gqnina
@Leonard
@christian
@TheRealRapha ...?

If you are interested in renewables and hydrogen (shares), here is an extremely easy to understand podcast that deals with many airlock theories such as the resurgence of nuclear energy.

can be listened to on the side

https://www.youtube.com/watch?v=fbSEfu6g3c4

$NEL (-0,63%)
$VWS (-0,87%)
$UKW (-2,81%)$FSLR (+5,16%)
$SEDG (+8,36%) and for whom it might still be relevant

The shares remain in the community! 😄

@Simpson increased and position almost doubled. Is there a bonus? 😄

Now it's 10200