Earnings next week.

Not much will happen before the holidays.

$RCAT
$GIS (-0,36%)
$MU (+0,18%)
$LEN (-0,48%)
$ACN
$CTAS (+0,18%)
$DRI (-0,06%)
$PAYX (+0,1%)
$NKE (+0,03%)
$FDX (-0,08%)
$CCL (+0,04%)

But very interesting companies that might be found in one or the other portfolio here.

A successful week before the holidays.🙋🏼‍♂️

Earnings next week 🗓️

$MU (+0,18%)

$NKE (+0,03%)

$CCL (+0,04%)

$FDX (-0,08%)

$RCAT

$ACN

$BB (+1,29%)

$LEN (-0,48%)

$DRI

$CTAS (+0,18%)

$MAMA

$FDS (+0,09%)

$GIS (-0,36%)

$HEIA (+0%)

$ABM (+0,21%)

$WGO (+0%)

$AMTM

$BIRK (+0,09%)

$REE

$TTC

$CAG

$AVO (+0,4%)

$MLKN (+0%)

$PAYX (+0,1%)

$KMX (+0,1%)

$FCEL

$SCHL (+0,25%)

$SCS

$WS (+0,17%)

$LW (+0,62%)

$QIPT

$CMP

$MITK (+0,24%)

$JBL (+1,27%)

$EPAC (+0%)

$OGI

$RICK (+0%)

Input welcome. First of all, thank you very much for the great community here. I read along diligently and have already been able to pick up a thing or two.

I myself am in my mid-30s and have an income of almost 6k. Savings rate about 2k.

The aim is to reach 100k as quickly as possible, but also to have set the right course for the time beyond that.

The portfolio also includes positions for specific purposes: $CSPX (+0,19%) for saving for a home loan at final maturity - instead of special payments. $CSNDX (+0,14%) for the final payment of an interest-free car loan. In the long term, the basis should clearly be the $VWRL (+0,04%) be the basis.

$CCL (+0,04%) is the other individual shares of further interest due to the benefits. They should total around 6%.

Furthermore, some gold $SGBS (-0,04%) and Bitcoin are taken into account. The purchase of a small apartment as an investment is also conceivable in the future.

Any opinions? 😀

Hello Community,

thank you once again for your positive response to my last article "Climate change - rising temperatures, rising depot".

Today I have a no less relevant topic for you: The megatrend of an ageing society.

Boring. Everyone knows it. Not interesting. Or is it?

There are trends that are omnipresent: AI, climate change, the war in Ukraine, etc.. The trend of an ageing society, on the other hand, is hardly ever heard in everyday life.

Why is that? I suspect that the story of an ageing society was already told many years ago. Every year, the population ages a little more. The frog is sitting in water that is slowly heating up. Only when it is too late does he realize how hot it is getting.

That's why it's interesting for me to look at potential profiteers right now. The hype train hasn't started yet - and perhaps it won't due to the linear development of age cohorts. But hardly any other trend is so certain and predictable - and yet still under the radar.

One request in advance: let's remain objective. Ageing is a sensitive topic that can be emotionally charged. In my view, however, moral or political discussions have no added value here as long as no investments can be derived from them. There are other platforms for that.

Background

For anyone who has not yet heard of demographic change: The baby boomer generation (born between 1946 and 1964) are also known as the "baby boomers". These generations can be found in both the USA and Europe. And this age cohort is gradually retiring. In addition, the proportion of young people in the population is decreasing, as birth rates are steadily declining after the baby boomers.

So there will be more "old people". Which companies could benefit from this development?

To keep things interesting for you, I will focus on less obvious players. Nursing homes, Big Pharma and the like, you probably already know that.

I'm interested in profiteers at second glance. Here we go.

1. tourism

An ageing society does not mean care, immobility and illness. Today's older people are much fitter than they were 20 years ago, for example. Tourism can be one of the beneficiaries here. Where do senior citizens hang out? Presumably on cruise ships 😉

Actually less interesting for me because it's "asset heavy". But cruise companies have been heavily penalized since Corona. They are also not interesting for the ESG community because they are dirty. So maybe interesting after all?

The big players $RCL (-0,13%) Royal Caribbean Cruises, Norwegian Cruise Line and $CCL (+0,04%) Carnival are probably familiar to most people. Caribbean is now also back above the pre-corona rates - in contrast to the other two. It is possible that they will follow suit.

If that's too hot for you, you could take a closer look at $MAR (+0,09%) take a closer look at Marriott. This is the largest hotel chain in the world. It can be classified in the premium segment - which is interesting, as senior citizens can look back on an entire working life. And if they invest their money wisely, they will certainly want to (and be able to) enjoy the last stage of their lives in comfort.

Due to Corona, a look at the development of the key figures is a little distorted. Nevertheless, profits grew by around 13% p.a. over 5 years, while sales growth is estimated at 7.2% p.a..

In addition, there is a dividend yield of just under 1%, although there is still room for improvement with a payout ratio of just under 25% of free cash flow.

In my view, the stock is currently running a little too hot. Definitely something for the watch list if tourism should collapse - that happens regularly.

2. leisure & consumption

Brunswick Corporation

I had never heard of this company before my research. The company is active in the (sports) boat sector and is regarded as a leading manufacturer in this field. They sell boat electronics and drives as well as "finished" boats, from inflatable boats to large yachts.

Sales growth over 5 years: 9.4 % p.a.

Profit growth over 5 years: approx. 14 % p.a.

Plus a dividend yield of currently 2%.

Despite a cyclical industry, profit stability is 0.84.

That is strong. In addition, the share is currently trading at the level of 2022.

The leisure boat market is generally resilient and is also forecast to grow by around 5% p.a. Exciting niche value in my view.

Churchill Downs Incorporated (horse racing tracks)

$CHDN (+0%) Churchill Downs operates horse racing tracks, casinos and betting facilities. They host the famous Kentucky Derby at their racetrack. In itself fun for young and old, although the cliché probably focuses more on the older customer. An exciting candidate that can also remain interesting for young customers due to its segments.

The figures are a real treat:

Sales growth over 5 years: approx. 16 % p.a.

Profit growth over 5 years: approx. 22 % p.a.

Despite strong price growth, the share is fundamentally fairly valued according to my research and still offers some potential due to the growth prospects.

If I wasn't already heavily invested in gambling, this would be a hot candidate for me.

Animal welfare is of course a critical point here. But please remember: This is supposed to be about shares and investments, not about moral debates.

Acushnet Holdings Corp

If horse racing is too exciting for you, you can take a look at Acushnet Holdings Corp. $GOLF (+0%) . As the ticker says, it's all about golf (products). The company sells everything related to the sport.

And they have an impressive 14/15 points in the Traderfox quality check.

If you ask around in golf, you know how expensive the equipment can be. And the sport can be played well into old age.

Unfortunately, the candidate wasn't included in the share finder, so I haven't included that many key figures for you here. If you are interested, you can research the company in more detail (and perhaps share your findings here?).

3. medical care

Having dealt with two positive areas, we will now turn to the other side of the coin of ageing: the increased need for medical care. There is, of course, a wide range of companies here. I have brought along two candidates that I have repeatedly come across in my research:

Resmed

$RMD (+0,02%) Resmed's main business lies in the treatment of sleeping disorders and respiratory diseases. However, a second - currently small - segment is very exciting for the trend discussed here: software solutions, which include remote monitoring tools to make patient care more efficient. There are not only more old people - there are also fewer young people. There will certainly be resource bottlenecks (shortage of specialists) when it comes to covering the increasing treatment requirements. Efficiency-enhancing options are important here.

Resmed's main business is developing magnificently. Another strong branch could be established with Software Solutions. A very exciting candidate for me.

The figures:

Sales growth over 5 years: 12.6 % p.a.

Profit growth over 5 years: 21 % p.a.

Was still very cheap six months ago. Will be on my watch list. I will get in if there is a setback.

Stryker

I have been looking for alternatives to $SYK (+0,73%) Stryker for a long time, as Stryker is probably not one of the "second glance" profiteers. They are simply too well known for that. But there's no getting around the company. Even when I was specifically looking for specialists in hip and joint implants, no other company could come close to matching the quality of Stryker's figures. In the event of a setback, I would consider getting in. Or do you know of any alternatives?

4. nursing & patient care

Let's move on to the last category: care. Sooner or later, you will need care in old age. Care is not only provided on an inpatient basis, but also on an outpatient basis. You will no doubt have seen various small cars from outpatient care services in cities. There are no monopolistic structures here; there are many small providers on the market. So how can you benefit from care? I looked around for "shovel manufacturers":

Nexus AG

$NXU (+0,73%) Nexus AG is a company for software systems for hospitals, care centers and medical practices. They optimize processes there and aim to improve patient care. In my view, this is more exciting than, for example, a player from its US counterpart ($MCK (+0,11%) ), as Europe is more affected by demographic change than the USA. And Nexus AG has not yet performed as strongly as McKesson recently.

Estimated sales growth of just under 13% p.a., estimated earnings growth of 26% p.a.

For me, it is on the watch list alongside McKesson.

Cintas

The company $CTAS (+0,18%) specializes in workwear and textiles. As boring as it sounds, the figures are impressive, as is the performance. Congratulations to all those who got in early.

In my view, the company is interesting because everyone involved and the (care) added value requires suitable (clean) workwear. And with blue-collar jobs like these, there is probably little risk that AI will make them obsolete in the next few years. After all, the company is not only active in the care textile industry.

However, despite its high quality, the company is far too expensive in my view. A P/E ratio of 44 with sales growth of <10% p.a. is high.

But: The company is also subject to a certain cyclicality. I will definitely put it on my watchlist - I will get in if there is a significant setback.

That was it, my ride through the demographic stocks.

Now it's your turn:

• Which companies do you think will benefit from demographic change?
• What effects do you see?

If you don't have an opinion, I would be delighted to receive any feedback on my article:

• Was it too short? Too long?
• Did you miss something?
• How could I make my posts more interesting overall?

I'm looking forward to your comments.

Your Money Man

A compact summary of the coming week:

Monday

• New home sales (February)

Tuesday

• Durable Goods Orders (February)
• S&P Case-Shiller Home Price Index (January)
• Consumer Confidence (March)
• Quarterly results from McCormick & Co. ($MKC (+0,83%) ), TD SYNNEX ($SNX (+0,42%) ), GameStop ($GME (+0,12%) ) and nCino Inc. ($NCNO (+0,31%) )

Wednesday

• Quarterly results from companies like Cintas ($CTAS (+0,18%) ), Paychex ($PAYX (+0,1%) ), Carnival ($CCL (+0,04%) ) and Jefferies Financial Group ($JEF (+0%) )

Thursday

• Initial unemployment claims (week ending March 23)
• GDP of the USA - second revision (fourth quarter)
• Chicago
  Business Barometer (March)
• Pending home sales (February)
• Consumer Sentiment - final (March)
• Quarterly results from Walgreens Boots Alliance ($WBA (+0,53%) ), MSC Industrial Direct ($MSM (+0,06%) ) and BRP Inc. ($DOO (+0,49%) )

Friday

• ⚠️Märkte are closed: Karfreitag⚠️
• Publication of the Personal Consumption Expenditures (PCE) index (February)
• Advanced US trade balance (February)
• Advanced Retail inventories (February)
• Advanced Wholesale stocks (February)

Here is a summary of important economic events for the coming week:

Monday, September 25

• Thor Industries Inc.. ($THO (+0,12%) ) publishes quarterly reports.

• -Publication of the Chicago Fed National Activity Index for August.

• Publication of the Dallas Fed Manufacturing Index for September.

Tuesday, September 26

• Quarterly reports From Costco Wholesale Corp.. ($COST (+0,07%) ), Cintas Corp. ($CTAS (+0,18%) ), Ferguson PLC ($FERG ) and Neogen Corp. ($NEOG (+0%) )

• Publication of the S&P Case-Shiller National Home Price Index for July.

• Publication of the FHFA House Price Index for July.

• Publication of the Sales figures for new homes in August.

• Publication of the CB Consumer Confidence Index for September.

• Publication of the Richmond Fed Manufacturing Index for September.

• Publication of the Dallas Fed Services Index for September.

Wednesday, September 27

• Quarterly reports From Micron Technology Inc.. ($MU (+0,18%) ), Paychex Inc. ($PAYX (+0,1%) ), Jefferies Financial Group ($JEF (+0%) ), Concentrix Corp. ($CNXC ) and H.B. Fuller Company ($FUL (+0%) ).

Thursday, September 28

• Quarterly Reports From Accenture PLC ($ACN (+0,81%) ), Nike ($NKE (+0,03%) ), Jabil Inc. ($JBL (+1,27%) ), CarMax Inc .. ($KMX (+0,1%) ), Vail Resorts Inc. ($MTN (+0%) ) and BlackBerry Ltd.. ($BB (+1,29%) ).

• Publication of the final GDP for the second quarter of 2023.

• Publication of the final data on real consumer spending in the second quarter of 2023.

• Publication of the sales figures for outstanding homes in August.

• Speech by Fed Chair Jerome Powell at a Town Hall Event.

Friday, September 29

• Carnival Corporation ($CCL (+0,04%) ) published Quarterly Reports.

• Publication of consumer income and expenditure data in August.

Hello

I wanted to present a more detailed text about my portfolio and my reasons behind each of my individual shares (wall of text incoming). My depot consists of 2 parts and 3 depots :

scalable capital depot ( my main depot) 47 k €trade republic: created sometime to collect the free share together with my sister 2,5 k € $IWDA (+0,05%) + 0,25 $MBG (+0%) sharesemployee share deposit 2k $EOAN (+0%)
before that something short about me :

25 years old apprenticeship eletroniker made now a study support program (electrical engineering who guessed it :D ) from my employer due to special achievements.

besides running 2 small companies (1x IT/hardware things together with 2 friends runs okay is not enough to live but for the time used quite okay, as another hobby / business candle production-> not really good but I have joy in it) between training ud study 3/4 year as a journeyman worked.

investment horizon >20 years but soon partial withdrawal to the housing loan final sum repay (about 17 k since apartment in the training together with sister bought) [money for the apartment was up to 20 k of me or my sister earned apartment 50/50 my sister and I she pays back more and that she gets with the end of the loan already times proportionally back rest after the end of my studies loan amount was 100k on 2 people )

now to the relevant part( descending by size in aggregated getquindepot)

unfortunately no table possible therefore formatted as follows)

NAME of the share, share in the total depot, why did I choose it, savings plan available

$IWDA (+0,05%) 9,35 %, will be steadily expanded later as an ageing investment+ constant growth, savings plan 80€

$ASML (-0,03%) 7,12%, probably the strongest moat there can be+future of semiconductors is very safe, not saved

$EOAN (+0%) 6,99% ->employee shares since 2 years with 360€ free per year(209 employee shares)+ bought a little bit by myself, not saved except in the frame of employee shares

$AVGO (+0,07%) 6.01%, steady growth in almost every product with built-in wireless, not saved

$OHI (+0,64%) 5.55%, retirement home reit grow old and die we will always constant distribution, not besparpart

$BAS (+0%) 4,52% chemistry is important but difficult in germany i might switch soon to $LYB (-0,18%) because the dutch take better care of their industire :D, not saved

$IUIT (+0,19%) 4,07%, no getting past US IT companies,20€ savings plan

$FNTN (+0%) 3,74%,8% dividend payout from reserves first time no KAP, not saved

$XEON (+0,01%) 3,25%, money market etf as day money substitute-> no desire for day money account hopping,not saved

$EIMI (-0,57%) 3,09%, in combination with the $IWDA (+0,05%) to represent the whole world, 45€ savings plan

$SEMI (+0,34%) ,2,84%, am strongly convinced of semiconductors therefore very gladly there also in addition to asml and broadcom a general overweighting,20€ savings plan

$BLK 2.72%, leading investment manager of large etf providers in my eyes good annual growth, 45€ savings plan because in my eyes currently relatively "favorable with a kgv of 19-20

$MBG (+0%) 2.44%, there is nothing qualitatively what with the best or nothing can keep up already before the spinoff$DTG (+0%) spinoff held therefore also 9 truck shares "get given in addition quite a nice div return, not bespart

$LHA (+0%) 2.06% on the rebound after a long dry spell, but will probably be sold soon because too volatile and difficult business field, no savings plan

$ALV (+0%) 1.85% a German constancy in the depot comes because of the ghröße worldwide almost no one past in particular it benefits very strongly from the riester pension contracts, etc., no savings plan

$CPXJ (+0,12%) 1,65% as compensation for the much europe and USA in my depot, 22€ savings plan

$PEP (+0,07%) 1,60% big food company nice growth big diversification not only beverages like $KO (+0,09%) no savings plan

$MEUD (+0,12%) 1.57% general europe does not hurt to reduce the usa share in the etfs, 25€ savings plan

$BAYN (+0,15%) 1,48 %, pharma giant and fertilizer and seed makes no one on this planet can live permanently without bayer, no savings plan

$MUV2 (+0%) 1,4% big reinsurance nice even growth but maybe a little too expensive maybe it will be sold soon and bought again later because currently >50% in plus, no savings plan

$TMV (+3,17%) 1,36% bought for speculation but will be out soon because there is no moat and the product is too small and completely easy to replace-> don't ask me what made me buy it but it is currently even in plus :D, no savings plan

$AMAT (+0,03%) 1.34% what would be semiconductors without waver?,no savings plan

$HOT (+0%) 1.3% large construction company builds a lot for the public sector and they like to be ripped off the sit out has paid off after an interim -30%, no savings plan

$FORTUM (+0,04%) 1.29% former $UN01 mother and since the uniper has once belonged to my employer knows thezum largely the Finnish state->can not go broke but unfortunately very high withholding tax and only partially refundable-> soon out, no savings plan

$VNA (+0%) 1.28% actually already more getquin has once again synronisationsprobleme) with the housing shortage in germany a defacto nobrainer comes in my eyes to 110% with falling interest rates back to old nievau, about 50 € per month or even bissl more depending on what remains (but only if share is quoted below 20 € )

$AIR (+0%) 1,26% , boing shoots itself down only one relevant civil aircraft manufacturer remains, no savings plan

$PMT (+0%) 1.25% actually solid ride am currently not sure whether to sell or stock up meaningful -> bad of me what do you advise me? no savings plan

$MSFT (+0,06%) 1.16% still from the early days but stocksolide mMn also better than $AAPL (+0,15%) because much broader positioned and not only lives from the brand but also from the products Azure office + hardware + OS probably remains forever, no savings plan

$PBB (+0%) 1,14% actually good business model currently suffers from few construction loans + high divrendite ohnje kapsteuer-> top up, irregular savings plan see $VNA (+0%)

$DTE (-0,03%) 1.13% only viable provider in germany regarding wireless network + most of us mobile , no savings plan

$DBK (+0%) <1% wanted to have a bank in the depot could not decide therefore partly$DBK (+0%) and partly $CBK (+0%) bought commerzbank is good deutche bank rather less->deutsche bank flies out, no savings plan on either of them

$ULVR (+0,11%) <1% lebnesmittelgroßklonzern remains forever very diversified, no savings plan

$MO (-0,42%) <1% dead said live longer performance is ok may stay for now,no savings plan

$MTX (+0%) <1% every fleiger needs at least 2 of them and there are only few relevant manufacturers of them, no savings plan

$SIE (+0%) <1%, 100gramm Siemens 100€ immortal industrial giant remains forever in the depot, no savings plan

$TGT (+0,12%) <1%,convinced that target will come back in some areas in the USA indispensable, sparplam 45€

$SHEL (+0%) <1% has understood that oil is finite has meanwhile very large e-charging network and much renewable dirt (but brings due to the current political craze for renewable and sustainability protection insane subsidies and profits, no savings plan

$IBM (-0,03%) <1% no one gets past enem IBM mainframe in banking+ very well back in quantum computing (possibly a rise to old glories soon ), no savings plan

$DPW (+0%) <1%, logistik weltmarkführer in einem stark steigendem markt ->i should actually increase TM, no savings plan yet

$G (+0%) <1%, eigentlich gute versicherung lohnt sich nicht aber aufgrund der italienischen steuer -> will be out soon, no savings plan

$LIN (+0,1%) <1% gas giant similar to bayer and basf in its area constant growth could one times again increase if it falls again something, currently still no savings plan

$VOW3 (+0%) <1%, one of the few old utokonzernen I trust a change just a pity for Mr. diess, no savings plan

$DTG (+0%) <1%, spinoff from $MBG (+0%) but runs well may therefore remain, no savings plan

$UN01 <1%, will hopefully come back after the war, will first be held, no savings plan

$SAP (+0%) <1% absolutely shitty software but unfortunately almost every company has to use it because of the competition in particular $CRM (+0,03%) still umpteen times worse unstable and weitausweniger powerful, no savings plan

$MMM (-0,02%) <1% actually of me very loved company investment but only after completion of all the legal proceedings, no more savings plan

$FLXI (-0,63%) <1% democratic country with more than 1000000000 inhabitants in the upswing , the hopefully soon new china( only economically seen ), savings plan 12€

$CCL (+0,04%) <1%, vacation especially with rich very popular only debt ratio makes him very much to create undecided whether to be sold, no savings plan

$UNP (-0,5%) <1%transnational rail traffic in USA sometime they will also(rediscover) the importance of the railroad, irregular savings plan

$AR4 <1% actually convinced but the management is a disaster actually out but i don't want to pay a low volume surcharge :D, definitely no savings plan

$QCOM (+0,12%) <1%, there are ekine other performanten prozessoen for cell phones ( if one comes with mediatek please just be quiet they are snot) still builds a lot for us militä, sparpla for 2 months about 50€

$ORI (+0,17%) <1% top versicherung jedoch innerhalb eines sparplanzyklus zu stark gestiegen(10%) damit derzeit zu teur sparplan ausgesetzt

wer es bis hier geschafft hatglückwunsch und danke fürs lesen

ich bin für sämltliche anregungen offen

zu dem punkt weshalb ich die von mir angesprochen en aktien die ich gerne verkaufen würde noch nicht verkauft hab.: bin mir noch nicht sicher was es genau anstelle dessen werden soll und solange gilt immer time in the market >timing the market.

therefore I am happy about suggestions what I should buy from the soon to be sold positions.

LG Drööd O Fant