Hello everyone,

I want to add a Japanese satellite to my portfolio. In future, my setup will consist of 75% core ($FWRG (+0,39%)
$EQQQ (+0,2%)
$EWG2 (+0,44%)
$BTC (-1%)) and 25 % satellites (e.g. $NOVO B (+8,79%)
$ASML (+0,35%)
$1810 (-2,21%)
$LMND (-2,79%)
$IREN (+1,25%)
$HIMS (-0,52%)
$601318).

After I have $6920 Lasertec and $3350 (+2,89%) Metaplanet, the decision was made in favor of $6861 (+2,43%) Keyence.

For me, it's the ideal quality anchor to balance out the volatility of my crypto bets (Irish/BTC) without sacrificing massive growth potential.

How do you currently see Japan? Are you more interested in chip stocks like Lasertec or quality machines like Keyence? 👇

Hi everyone,

I would really appreciate your opinion on my portfolio.

Briefly about me:

I am 38 years old and unfortunately only started my Trade Republic portfolio about 2 years ago. I have been investing regularly since then. I can currently invest around €350 per month - I work in a gym 🥲, and unfortunately you don't earn very well there, you could almost call it a pittance.

In addition, I have my Bitcoin and Altcoin portfolio on Bitvavo... I can't share it here, too many errors in the coins and you can still change it somehow. I then deleted the connection again.

I played soccer until I was 32 (including 3rd league, mostly 4th league for many years) and was able to save up some capital during this time, which I later invested.

My long-term core consists of:

$IWDA (+0,33%)

$EIMI (-0,15%)

$TDIV (+0,4%)

$BTC (-1%)

Dividend / cash flow portfolio

I also have a portfolio with a focus on cash flow, the aim is to hold around 15 stocks with a solid dividend yield and ideally dividend growth.

Currently included are:

$O (-0,95%) Realty Income

$RACE (-0,84%) Ferrari

$PEP (-2,22%) Pepsi

$MAIN (-0,33%) Main Street Capital

$NOVO B (+8,79%) Novo Nordisk

$ASML (+0,35%) ASML

$ITX (-0,07%) Inditex

$1211 (-1,15%) BYD

$ZTS (-0,32%) Zoetis

$BRO (-1,27%) Brown & Brown

$SBUX (-2,81%) Starbucks

$ITH (+1,63%) Ithaca Energy PLC

This brings my current total to 12 shares, so there is still room for one or two additions.

One of the stocks on my watchlist is Vonovia $VNA (+0,25%) with a dividend yield of just under 5%. However, the dividend growth doesn't look particularly good. As my wife will be starting work there soon, I've become more aware of the company for the first time ☺️

Other stocks on my watchlist:

Allianz

Vici

Linde

Microsoft

Waste Management

UnitedHealth Group

Mastercard

Visa

Texas Roadhouse

Nintendo

Enbridge

NextEra Energy

Wolters Kluwer (exciting sector, also corrected over 50% from ATH)

Amazon (for the yield/growth portfolio)

Maybe one or the other is missing $KO (-0,9%) or $MCD (-1,5%) but I had opted for $PEP (-2,22%) and $SBUX (-2,81%) and I don't want any more consumer stocks.

Pure growth portfolio

I also have a separate portfolio with a focus on share price growth:

$NVDA (+2,55%) Nvidia

$NKE (-0,36%) Nike

$MARA (-3,04%) Mara Holdings

$BITF (-0,76%) Bitfarms

$TTD (-0,65%) The Trade Desk

$CRCL (-5,7%) Circle Internet Group

$ADBE (-1,5%) Adobe

$COIN (-3,36%) Coinbase

$SMHN (-1,5%) Suess Microtec

$PYPL (-1,34%) PayPal

$HUT (+5,96%) Hat 8

$DRO (+3,03%) DroneShield

$LXS (-0,47%) Lanxess

$PLTR (-0,19%) Palantir

$WEED (-3,36%) Canopy

$UBI (-0,06%) Ubisoft

$MSTR (-3,3%) Strategy

I am aware that I have built up a lot of positions over the last two years. I am therefore also planning to sort out some of them and concentrate more on selected stocks.

I am grateful for any assessment, criticism, tips or suggestions.

Best regards

Chris

$ASML (+0,35%)

Hello my dears,

There have already been sales and discussions about this here in the community.

How endangered do you see ASML?

We consider the ASML share to be fairly valued and are maintaining our "Wide Moat" rating.

Javier Correonero

Dec 19, 2025

Latest news on the ASML share

According to Reuters, Chinese scientists have built a prototype of a machine that can generate extreme ultraviolet light. The team, which includes former ASML employees, is said to have developed the machine through reverse engineering by sourcing components from the second-hand market.

Why this is important:

It's not the first time claims of "EUV killer" technology - or China's alleged attempts to steal such technology - have made headlines, nor will it be the last.

- Even if China were able to produce some EUV

light, it could take years, if not decades, to turn it into an economically viable process. ASML machines contain not only extraordinarily complex optics, but also ultra-precise "mechatronics", vacuum systems, metrology, software and arguably the best supply chain integration ever built.

- A modern factory requires 10 to 20 low NA EUV tools running 24/7 with 99% availability. Manufacturing an EUV chip on a lab scale with unlimited trial and error cycles is not comparable to manufacturing in a leading TSCM fab.

Conclusion: We maintain our "wide moat" valuation and our fair value estimate of EUR 850. Investors seem to be increasingly well-trained in interpreting these headlines, as evidenced by the fact that the stock remained unchanged on December 18.

- Even in a hypothetical scenario where China assembles some sort of EUV machine, customers would continue to choose ASML, not only because of its superior technology and cost per unit, but also for geopolitical reasons. ASML's most important customers are in Taiwan, South Korea and the US, which are not geopolitically linked to China.

- ASML will become less dependent on China over time. We estimate that China will account for 20% of system sales and a smaller percentage of total sales by 2030, compared to 30% to 40% in 2023 to 2025.

Long-term perspective: For investors who want to gain a deeper insight into ASML and the complexity of EUV, we recommend the documentary "ASML's Secret: An Exclusive View From Inside the Global Semiconductor Giant" by VPRO from 2022. "Chip War" by Chris Miller and "Focus: The ASML Way" by Marc Hijink are also very informative.

https://global.morningstar.com/de/aktien/asml-berichte-ber-verlust-des-technologievorsprungs-sind-stark-bertrieben

The year is coming to an end and for me personally it was the strongest year since I started investing 3 years ago.

There were many very red days, but of course also many very green days. The most important thing for me: no matter what happened, I stuck to my strategy.

My returns were not only generated by my savings plan, but also by making active decisions over the course of the year. I consistently invested several hundred euros a month through my savings plan. Mainly in ETFs such as the $IWDA (+0,33%) and $IUIT (+0,46%), supplemented by individual stocks such as $AAPL (-1,06%)
, $PEP (-2,22%) or also $ASML (+0,35%) .

I also bought additional shares on strong sell-off days. There have been a few of those this year 😅

If you take a look at my portfolio, you can see that I like to invest in large, high-quality companies that have temporarily come under heavy pressure. I deliberately focus on a rebound. Examples of this are $UNH (-0,96%)
, $MC (+0,57%) , $ASML (+0,35%) and $GOOGL (+1,53%) , which were undervalued for me at the time.

This year I also invested in crypto for the first time: bought several $ETH (-2,42%) for around 2k and later sold them completely at around 3.2k. ( A bit of luck definitely played a part in that :D )

All in all, it was an extremely exciting year from which I learned a lot and was able to take a lot with me.

Companies that I currently find interesting and am already invested in are: $ADBE (-1,5%)
, $SBUX (-2,81%) and $UPS (-0,48%)

Bitcoin and dollar weakness hurt this year...

Top performers 2025

$KLAC (-0,13%) +72%

$8002 (+0,63%) +66%

$DG (-1,79%) +57%

$ASML (+0,35%) +37%

$HIMS (-0,52%) +35%

$SLVY (+0,79%) +35%

$AVGO (+1,68%) +31%

$8031 (+1,25%) +21%

$MUX (+0%) +20%

$GLDI (+0,84%) +18%

Low performer 2025

$3350 (+2,89%) -69%

$XS3087774306 (-4,52%) -64%

$ARE (-0,99%) -54%

$ENPH (-5,11%) -52%

$YMST -48%

$NOVO B (+8,79%) -44%

$UNH (-0,96%) -40%

$RICK (+1,06%) -39%

$ZTS (-0,32%) -30%

$AHH (-1,33%) -29%

I decided to take profits and sold my position this morning. There are various reasons for this, such as a relatively high valuation and a somewhat high dependence on Chinabut the most serious reason is the threat to the monopoly. The US government wants to replace ASML $ASML (+0,35%) and is therefore supporting the startup XLight (I'm not saying this will become a threat quickly, but in the long run it could work with strong support). Even more dangerous, in my opinion, is a piece of news from this week. Canon
$7751 (-0,08%) and Dai Nippon Printing
$7912 (-0,67%) have developed a lithography process based on Canon's Nanoimprint Lithography, which is specifically designed for 1.4nm chips chips and 90% less energy required. That is a huge difference in terms of price. Even if the super high-end sector continues to rely on EUV, the general monopoly in the high-end sector will break away and with it the whole story. Such changes don't happen overnight, but they do happen. In the end, I decided to part company with ASML and look elsewhere.

https://asia.nikkei.com/business/tech/semiconductors/new-japan-tech-said-to-slash-power-use-in-making-next-gen-1.4-nm-chips

Had to strike at the price too.

Defensive values for a decent core never hurt, especially at this price.

However, it's not an additional purchase, I took profits at $ASML (+0,35%) and reallocated some of the profits.

In the long term of course still convinced of $ASML (+0,35%) but I was at 100% profit and no longer liked the figures.

Let's see what happens.

The portfolio will of course be expanded further.

Very close on my watchlist are:

$ZTS (-0,32%)

$WM (+0,93%)

$TXRH (-3,6%)

$V (+0,78%)

$SYK (-1,02%) and

$MELI (-0,74%)

with you?