The fifth month is now over. Somehow just as volatile as the other months, but this time at least in positive territory. The S&P500 has made up some ground, although it is still down YTD.

In May, I recorded a gain of 2.12%. This corresponds to a value of almost 2500€.

The Dax (+5.06%) has beaten me again. This is already becoming the norm. In May, the HSBC MSCI World (+3.26%) also beat me. However, I am still ahead for the year.

Over the year as a whole (YTD), I have again lost ground to the DAX, which has risen sharply again. This time the MSCI World was also able to catch up strongly. Nevertheless, as you can see above, I am still ahead of the MSCI World this year.

My high and low performers in May were (top 3):

Tesla ($TSLA (+6,14%) ) +22,79%

Microsoft ($MSFT (+0,93%) ) +17,31%

Texas Instruments ($TXN (+0,9%) ) +16,57%

Imperial Brands ($IMB (+0,28%) ) -7,06%

Eli Lilly ($LLY (+1,37%) ) -17,69%

UnitedHealth ($UNH (+3,35%) ) -28,08%

United Health is again among the worst performers. Eli Lilly is now also among them. The pharmaceutical stock has now also fallen quite a bit for me. Nevertheless, I am still well up. Imperial Brands also did very well this year and can therefore correct a little again. Tesla is doing Tesla things again and Microsoft is generally on the up anyway. It is pleasing that Texas Instruments has risen again. This stock is quite volatile due to all the customs issues.

Dividends:

In May, I received €413.70 net from a total of 15 distributions.

Compared to May 2024 (€358.98), this was an increase of 15.24%.

There are now some more dividends in June, before July is by far the worst dividend month.

Investments:

The build-up of the nest egg is still not complete. I haven't received the bill for the car repairs yet, so I still have to set aside some money for that. Apart from that, the nest egg is growing but it will take some time until it is at a satisfactory level. I'm currently tending to keep it at least €10,000 (because 5 figures is cooler).

Purchases and sales:

There were no sales in May.

I bought or increased United Health (2x)

savings plans (€125 in total):

• Cintas ($CTAS (+0,79%) )
• LVMH ($MC (+0,36%) )
• Microsoft ($MSFT (+0,93%) )

Goals 2025:

My goal is still to have €130,000 in my portfolio at the end of the year. The goal is to be achieved by reinvesting the dividend, making payments and, of course, increasing the share price. The share price increase is of course impossible to predict in any way, so the motto is: if the share price falls or does not rise enough, more cash is needed.

This comes from selling useless stuff on eBay, additional income from e.g. "neighborhood help" etc.

The worse the share price, the more additional cash has to be raised.

Target achievement at the end of May 2025: 38.88%

Thanks to the good May, I have come a good deal closer to the average. Nevertheless, the year could still go a little better for me. But the feel-good factor is still 100%.

How was your May? The Rewind for May is already available. It looks quite nice too.

If you liked the report and would like to read more, feel free to follow me,

If you're not interested, you can keep scrolling or use the block function.

$MSFT (+0,93%) saw an ATH yesterday according to reports from Alles auf Aktien, for example. This should be above 435. My share price is hovering around 410 euros. Have I missed something?

Liberation Day on April 2, 2025 was just two months ago, but it feels more like two years ago on the stock markets.

The markets have become accustomed to Trump's mood swings and the old adage is proving true once again: political stock markets have short legs

Monthly view:

My portfolio saw a massive rise in May and May 2025 is the second best month in the last 5 years with +8.1%. Only November 2021 was marginally better at +8.5%.

This corresponds to price gains of ~20.000€.

The MSCI World (benchmark) was +3.6% and the S&P 500 +6.1%.

Winners & losers:

A look at the winners and losers shows a completely different picture in May than in the last 2 months - Suddenly everything is green again.

On the winners is mainly made up of the stocks that have fallen in recent months: US tech

In 1st place is NVIDIA $NVDA (+3,19%) with price gains of almost €5,000. This is followed in 2nd & 3rd place by Microsoft $MSFT (+0,93%)
and Meta $META (+2,82%) with price gains of just under €2,000 each. 4th place goes to Ethereum
$ETH (-0,73%) with ~€1,400 price gains, finally making up some ground on Bitcoin $BTC (-0,08%) . In 5th place is another tech stock with TSMC $TSM (+1,13%) and +1,300€.

On the losers' side looked very relaxed in May. The biggest loser was Apple $AAPL (+2,14%) with just under €300 in share price losses. In 4th place was Allianz $ALV (+0,57%) with -120€, although this also corresponds to the dividend discount after the payout. So it's really significant when the dividend discount leads to a share ending up on the flop list of the month.

The performance-neutral movements in April were ~€500 - these are still lower at the moment due to the house building issue.

current year:

In the YTD my portfolio was still at -12,4% clearly in the red. Thanks to the strong May, it is now only -4.3%, although the MSCI World is still slightly better off at -3.3%.

In total, my portfolio currently stands at ~273.000€. This corresponds to an absolute decline of ~€12,000 in the current year 2025. -14.000€ of this comes from exchange rate losses, slightly offset by ~1.700€ from dividends / interest and ~3.200€ from additional investments.

Dividend:

• Dividends in May were +22% above the previous year at ~465€
• German equities were in the lead with Allianz $ALV (+0,57%) and Deutsche Bank $DBK (+0,8%) - Both with ~€120 (gross) dividend
• In the current year, dividends after 5 months are +25% over the first 5 months of 2025 at ~1.620€
• 
  I have reached another milestone with regard to the rolling 12-month view. For the second time, I have received over €3,000 in gross dividends for the last 12 months. This figure has now risen to over €3,100
• However, the fall in the US dollar is still having an impact on my dividend forecast - unfortunately, the growth rates in the second half of the year do not look very good compared to the previous year

Buying & selling:

• I bought in May for 885€
• 520€ shares
• 265€ ETFs
• 100€ crypto
• Sales There were none in May

Adjustment of savings plans for the second half of the year:

After a long time, there will be adjustments to my savings plans for the second half of the year. With Starbucks $SBUX (+3,9%) Apple $AAPL (+2,14%) and Hershey $HSY (-0,08%)
three shares will be removed from the savings plans. Starbucks and Apple will remain in the portfolio, Hershey is still open.

I will be adding Allianz $ALV (+0,57%)
which I have held in my portfolio for many years and bought individually in 2020.

In addition, the London Stock Exchange $LSEG (+0,74%) and Iberdrola $IBE (+0,44%)
will be added to the portfolio.

I go into these adjustments in detail in the YouTube video (see next section).

YouTube:

My portfolio update for May can be seen there again in the usual form.

Unfortunately, things are a little quieter there and here on getquin at the moment.

There are some private and professional issues at the moment that are taking up a lot of time.

Video: https://youtu.be/Pe59Z287-Zs

Goal 2025

I haven't really set myself any goals for 2025 due to the topic of building a house. A fixed savings rate is difficult to implement due to the issue (unforeseen costs and the like).

A dividend target will also be very difficult due to the high volatility of the US dollar.

That's why I'm focusing on other topics this year, especially building a house and possibly one or two successes in terms of YouTube.

How did May look in your portfolio?

#dividends

#dividende

#rückblick

#depotupdate

#aktie

#stocks

#etfs

#crypto

#personalstrategy

Hey community,

I would like to build up a dividend portfolio with some growth and have made a plan.

I'm really looking forward to your feedback.

$VHYL (+1,23%) 35%

$MSFT (+0,93%) 10%

$V (+1,56%) 5%

$PEP (-0,38%) 5%

$ULVR (+0,55%) 10%

$PFE (+1,63%) 5%

$O (+0,63%) 5%

$ALV (+0,57%) 5%

Introduction

The decision between individual shares and ETFs is an essential question of principle for potential private investors. Both options have advantages and disadvantages - and above all different requirements. As an investor who knows both sides, I would like to offer a simplified comparison that will hopefully help you decide which investment style suits you better:

Individual shares

• All beginnings are difficult: The basics must first be understood (what is the P/E ratio, beta, etc.). Investing blindly in shares has never helped anyone.

• Strategy is everything: Before you start, you need a clear strategy. This requires a lot of thought and a willingness to familiarize yourself with new topics.

• High time investment: You need to spend a lot of time on the companies. This also means:

1 W questions: An understanding of what the company does is absolutely essential. For some companies, this is even a major hurdle.

2 Valuation and key figures: At best, you analyze balance sheets, profit and loss statements and key figures to assess the value of a company.

3 Check the investment case: It is not enough to buy a share once. You need to review the investment case regularly and check whether the company still fits in with your strategy.

• Learning curve and losses: Losses are likely, especially at the beginning. This is part of the learning process. It is important to learn from mistakes - otherwise there is no point.

• Higher volatility: Individual shares can fluctuate in value significantly more than a broad market index.

• "Buy and hold" - a fallacy? Many people talk about "buy and hold" for long-term stocks, but in reality it is still a form of active investing. Every time you look at your portfolio, you make a conscious decision not to sell a share. This is often easier said than done, even with seemingly "safe" stocks like Microsoft $MSFT (+0,93%) .

• Life situation counts: Your personal situation is crucial. If you have children, for example, you are responsible for more than just yourself. Here you should think twice about the risk of individual share investments.

• Insight: After years of unsuccessful investing in individual shares, you have to admit your own mistakes and perhaps realize that an ETF is probably the better investment product for you after all.

• Passion: Ultimately, all of this is linked to passion. Private investors who do not feel a certain desire to deal with the stock market and shares, but only want to maximize profits, will be disappointed in the long term.

Disclaimer

This is not investment advice. These are personal assessments that cannot replace professional advice. If you don't want to miss any more stock analyses and articles from me, please subscribe to my free sub-subscription (link in profile).

ETFs

• Time required: After the initial selection of a suitable ETF, the time required is minimal. You don't have to analyze individual companies.

• Passive: Even though ETFs are considered passive investing, it has a small active componentbecause here, too, you decide not to sell the ETF when you look at your portfolio. However, once the investment decision has been made, you don't have to worry too much about it

• Market return guaranteed: With a broadly diversified ETF, you generally get the market return. This means you benefit from the performance of the market as a whole without having to worry about individual companies.

• Less susceptible to fluctuations: Despite the comparison with individual shares, ETFs also have a certain susceptibility to fluctuation. However, they are generally less volatile than individual shares.

• Low fees: Thanks to free savings plans, the fees for ETFs are often very low.

• Outperformance: Most private investors fail in their approach to investing in individual stocks. ETFs therefore offer a higher expected return on average

Conclusion

Of course, you can also combine both investment approaches. This could be interesting if you want to take a closer look at the stock market and believe you can beat the market without putting all your capital into individual shares.

Milei instead of Marx, The Libertarians, Freedom, Politics, Taxes, Bitcoin & Stocks (Politics Special)

Spotify

https://open.spotify.com/episode/2ZIIFHH4odmN8yecmethih?si=TFRwTlsLTSK-W7LmYOk0Lg

YouTube

https://www.youtube.com/watch?v=XPqh3DNC5lQ

Apple Podcast

https://podcasts.apple.com/us/podcast/91-milei-statt-marx-die-libert%C3%A4ren-freiheit-politik/id1695869891?i=1000710777942

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