Sooo I started this week too. Traditionally, there was a small rebalancing at the start of the year. Nintendo is no longer my biggest single position. In the meantime it actually is $COST (+0,26%) . Likewise $PEP (+0,66%) was reduced somewhat. Nothing new has been added.

If I haven't miscalculated, the last tax-free shares in Nintendo are gone. Everything that is still in the portfolio is from 2012 and 2014. $VOW3 (+0,49%) but that's a small part of just under 8k that I'm leaving behind.

Pepsi was sold at a slight loss so also tax-free. I simply chose too large a position at the time.

A total of around 20k was freed up. Existing positions were increased with the money, namely $SOLB (-1,21%)
$FMC (+0,09%)
$JNJ (+0,33%) and $RACE (+0,02%) another 2k was put into my core $VWRL (-0,1%) was put into my core.

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 (-0,14%) Nestle

$CTAS (+0,44%) Cintas (savings plan)

$RACE (+0,02%) Ferrari

$D05 (-0,68%) DBS

$UNH (+0,44%) United Health

$V (+0,12%) visas

$CSNDX (+0,02%) Nasdaq 100 (savings plan)

$XEON (-0%) 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 (+3,59%) Anglo American PLC (+37%)

$IBM (+0,31%) (+26%)

$BAC (+0,18%) Bank of America (+45%)

$UKW (-0,33%) Greencoat UK Wind (0 to 0 due to dividends)

$SBUX (-0,2%) Starbucks (+10%)

$BIGG (+3,1%) 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 (+0,21%) 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. 😊

Inflation premium still well utilized.

I am convinced of the company in the long term. Steady growth every year since the IPO and excellent figures.

Good evening,

I have just come across the ETF $IEFM (+0,5%) (actually $CEMR, but unfortunately it is not shown here) (Edge Europe Momentum EUR (Acc)) and it seems very interesting to me as it covers the European market. Over the long term, the ETF has had nice growth and the individual companies such as $SAP (-0,39%) , $ASML (-0,45%) , $NOV (+0,53%) but also $RACE (+0,02%) I like very much. In $SAP (-0,39%) I am also already invested. However, I am currently also investing in other ETFs such as the $VWCE (-0,08%) the $IGLN (+0,45%) , the $DFEN (-0,5%) , the $VHYL (+0,04%) (actually $VGWD but it is not shown here either) and the $QDV5 (-0,67%) . Would it be worthwhile to include the $IEFM (+0,5%) in my savings plan and thus increase the European share in my portfolio? What do you think of the ETF?

$RACE (+0,02%)

Luxury sports car manufacturer Ferrari is a shining stock market favorite in difficult times for car companies and their suppliers: reluctance to buy, tariffs, China, electric and hybrid drives; none of this is slowing down the sports car manufacturer in Maranello, Italy. Customers are also paying the record prices for Ferrari's new F80 supercar. Launched in October, the special runabout with a 1200 hp V6 hybrid engine, limited to 799 units and priced from 3.6 million euros, is already sold out. With extras, customers will pay significantly more for the Gullwing, which is due to be delivered at the end of 2025. The design was not intended to indulge in the nostalgia of the supercar predecessor models, but to be futuristic and disruptive, inspired by aircraft construction, enthuses chief marketer Enrico Galliera.

Ferrari can afford to be avant-garde and production of all models is sold out until 2026. The first electric car is due to be unveiled at the end of 2025. With prices starting at 500,000 euros, it is the most expensive in the world. With an operating profit (Ebita) of more than 2.5 billion euros, which Ferrari is forecasting for this year, the Italians will achieve margins of more than 38 percent and a profit per car of more than 180,000 euros, two more record figures. CEO Benedetto Vigna, who joined from French chip company STMicroelectronics in 2021, also knows what the clientele doesn't want: autonomous driving is not an issue in Maranello. Ferrari's shareholders have enjoyed annual growth in value of around 30 percent since December 2015. The sports car manufacturer from Emilia Romagna, which is also home to rival Lamborghini, is mastering its challenges with aplomb.

Ferrari reported that it has purchased on Euronext Milan (EXM) and on the New York Stock Exchange (NYSE), from December 16 to 19, 2024, a total of 59,267 ordinary shares at an average unit price of 415.3768 euros, for an countervalue amounting to 24,618,138.72 euros.

These purchases took place as part of the 150 million euro share buyback program as the sixth tranche of the multi-year share buyback program of approximately 2 billion euros to be carried out by 2026.

From the beginning of this sixth tranche until December 19, 2024, the total consideration invested was:

- 36,273,257.40 euros for 85,740 ordinary shares purchased on the EXM

- 10,969,297.64 USD for no. 25,020 ordinary shares purchased on the NYSE

As of December 19, 2024, Ferrari held 14,879,168 ordinary treasury shares or 5.79% of the share capital.

From July 1, 2022 to Dec. 19, 2024, the Company repurchased a total of 4,056,404 treasury shares on the EXM and NYSE for a consideration of 1,219,479,343.84.$RACE (+0,02%)

Good morning dear community,

I've been busy building up my portfolio recently and would now like to present my final selection.

Briefly about me, I am 23 years old and used to gamble with a lot of penny stocks. After I suffered a major loss last year, I stopped doing that and have been building up a growth-oriented portfolio for the last few months or am still in the process of investing in all stocks.

My investment horizon is long (at least 20 years plus), as I only invest money that is not needed. A corresponding cash position is available to be able to react to private matters.

Now to the portfolio:

As mentioned above, I follow a more classic buy and hold strategy, which is made up of growth-oriented stocks and some gold as another asset class for admixture.

My ETFs are currently saved through standing orders with a corresponding weighting.

My largest position is the $IWDA (-0,03%) This is constantly being saved with the highest weighting and, together with my $EIMI (-0,01%) a long-term basic investment and broad diversification in developed markets.

Added to this is the $CSNDX (+0,02%) as I continue to focus on technology growth in the long term and am therefore invested in many interesting future-oriented companies.

Nevertheless, Europe should not be neglected and is also important for my diversification. To this end, I have selected $LU0224105477 selected. I chose this fund because it performs better in the benchmark test than other common Europe ETFs (measured over the entire term).

As mentioned above, I also have a small gold investment through $WGLD (+0,45%) .

Finally, we come to my equities:

$PLTR (-2,72%) , definitely an up-and-coming growth company for me in the area of Big Data and AI, (I've also been on board here since the beginning of this year).

$OR (+1%) and $NOVO B (+0,66%) were added to the portfolio because they are two strong market leaders in the consumer staples and healthcare sectors, which are fundamentally well positioned and, in my view, will bring long-term growth with corresponding quality through constant new innovations and developments. This allows me to diversify further by sector and country.

$RACE (+0,02%) For me, this is a long-term runner from Italy. Thanks to its strong brand and exclusivity, Ferrari can separate itself from other car manufacturers and, for me, is a share with constant growth and secure profitability.

In the future, I would also like to invest in Japan as a percentage. Here I have placed my bet on a share with a large industry positioning, which can also be regarded as a qualitative long-term runner. It is $8001 (-2,88%) .

$NU (+0,51%) an up-and-coming fintech company that still has strong growth ahead of it. Nu Holdings has made an established name for itself and has also achieved significant fundamental successes and is aiming for further expansion. For me, this is an in-depth risk investment alongside Palantir, which I can enter into and am positive about.

Finally $OCGN (+1,44%) . Ocugen is a biotechnology company for innovative gene therapies for the treatment of eye diseases. The share dates back to the earlier gambling days (Corona hype). I missed the jump back then and have been stuck here since 2020. Unfortunately, I have no further involvement with the investment and am considering selling and investing elsewhere (opportunity) or simply sitting it out until I return to profit.

That was my more or less "brief" portfolio presentation.

Perhaps I have been able to generate new ideas for some of you and I would be happy to receive feedback or stocks that I could include in the future or that I should take a closer look at.

Have a nice weekend everyone.

Ferrari launches the USD 4 million F80 super sports car! All 799 units already sold! $RACE (+0,02%)

The carmaker Ferrari (RACE) combines the automotive sector with the luxury sector and the brand, known for its eye-catching red racing color "Rosso Corsa", makes the competition look cheap. Its major competitive advantage over other car manufacturers is its low exposure to the weakening Chinese economy, where sales of Western vehicles continue to decline.

Weak consumer spending in China reduces demand for luxury goods

High inflation and the associated cost of living have recently caused demand for luxury goods and expensive sports cars to fall significantly. Luxury goods manufacturers such as LVMH Moet Hennessy Louis Vuitton and Gucci owner Kering have fallen 21% and 45% respectively this year as weak consumer spending in China curbs their sales. Ferrari shares have also suffered a 13% fall since the end of August, but are still up 28% year-to-date. The question is whether the sports car manufacturer will be caught up in the same problems as its competitors.

Ferrari less dependent on China than other car manufacturers

The Italian carmaker is still far superior to clothing, jewelry and perfumes and its exposure to China's weakening economy is rather limited. China, Taiwan and Hong Kong accounted for only 8% of Ferrari deliveries in the first nine months of 2024, while Mercedes delivers over 35% to the region. Accordingly, the 22% decline in China deliveries is already offset by single-digit growth in other regions. Ferrari also believes that China has yet to really get to know the Ferrari brand in order to understand the true value of the million-dollar cars. In addition, sales are hampered by the high taxation of super sports cars and the escalating trade dispute and possible tariffs on imported vehicles.

All 799 of the USD 4 million F80 super sports car already sold

However, company founder Enzo Ferrari believes it is important not to produce his cars in excess, but to always keep supply well below demand. Since entering the Chinese market in 1992, the company has always delivered fewer cars than the market demands in order to maintain the uniqueness, reputation and value of the Ferrari brand. In addition, the Maranello-based company's latest car, the USD 3.8 million F80, should provide a significant earnings boost for Ferrari shares, with analysts estimating a price increase of up to 30%. Even though the share is currently very highly valued and is trading at 53 times its expected earnings in 2024, some investors are using the recent decline as an opportunity to enter the market. In October, Ferrari presented the new F80 model, proving once again that it is capable of turning dreams into reality. The F80 reaches a top speed of almost 350 km/h and accelerates from 0 to 200 km/h in less than six seconds. Its engine runs on technology used in Formula 1. The limited order book of 799 units is already full and delivery of the first models is planned for the end of next year. Analysts expect sales of the model, which costs almost USD 4 million, to result in a further 10% increase in profits to €8.89 per share in 2025. The exact increase will depend on the margin of the F80, which Enrico Galliera, Ferrari's chief marketing and commercial officer, says will be "the best offering" among Ferrari cars.

Ferrari has the highest profit margin per vehicle in the automotive industry

Ferrari is known for having the highest margins in the automotive sector for its largely hand-built sports cars. The profit per car is just under €69,000, which corresponds to a margin of 24.6%. Only Porsche comes closest with a margin of 18.4% and €16,780. BMW, Mercedes and Audi are all below 10%. The red-hot demand for the super sports car demonstrates Ferrari's unique pricing power in its class and highlights its loyal customer base. With a value of almost USD 4 million, owning the super sports car probably remains a pipe dream for many, but buying Ferrari shares is not.

https://aktien-mag.de/nachrichten/hot-news/ferrari-bringt-den-4-mio-usd-teuren-supersportwagen-f80-auf-den-markt-alle-799-stuck-bereits-verkauft/p-131758

And another new addition. Financed from profits from the $MSTR (-1,12%) trade.

now own a total of 0.0175 Ferrari 488 Spider

(in Ferrari shares)