Part 4 of 5: During part 1 and 2 were my apprenticeship years on the stock exchange, Part Part 3 highlighted the very positive years 2019-2021. In part 4 it is now the turn of 2022 and 2023. Part 5 will then conclude my investor story (so far) and shed light on 2024.

2021 was an extremely positive year with a performance of over 30% and assets of almost €200,000 at the end of the year.

However, from mid-2021 onwards, you could already sense that something was slowly changing. Inflation has picked up significantly worldwide. The main reasons for this are the global supply chain problems and the massive money printing by the central banks. Both are direct consequences of the coronavirus pandemic.

The year 2022 - inflation & interest rate turnaround

The year 2022 began with a significant setback in January. My portfolio was down 8% in January. There was a lot of unrest on the markets, inflation was still far too high and it was not clear how much the Fed would raise interest rates. In addition, there were fears that Russia could invade Ukraine - four weeks later this was unfortunately a sad certainty.

Uncertainty - something that the markets do not like at all. In addition to inflation, the war in Ukraine suddenly created another risk: what impact will the war and the sanctions have on global supply chains, which are still under heavy strain? Will this

inflation even further and thus put even more pressure on the central banks?

The stock market was therefore under fire from all sides:

• Supply chains are weighing on companies
• Higher interest rates lead to higher interest costs for companies
• Higher inflation increases salary and purchasing costs, while sales fall as consumers (have to) save more
• Suddenly, call money accounts and bonds become more interesting again and there are alternatives to shares (TINA = there is no alternative was therefore off the table)

Above all tech and growth stocks suffered from further problems:

Many growth companies were not yet profitable, but could borrow money cheaply from anywhere - profits were irrelevant as long as sales were growing. By 2022, this had changed and unprofitable companies were even shunned. Another reason is the valuation of future profits. If inflation is 0%, profits will be worth the same in five years' time as they are today. If inflation is 5%, I have to discount the profit in five years at 5% and suddenly the profit in five years is worth much less in real terms.

If I invest in my portfolio 2022 there are only a few winners:

At the top were defense companies like Lockheed Martin $LMT (+0,03%)

and Northrop Grumman $NOC (+0,39%) . This was followed by safe-haven stocks like Pepsi $PEP (+0,1%)
Unilever $ULVR (+0%) or Johnson & Johnson $JNJ (-0,28%) Also Encavis $ECV (+0,03%) was also in demand as an electricity producer due to the lack of gas from Russia.

At the bottom was everything to do with tech had to do with technology. The hardest hit were the unprofitable tech companies like Teladoc Health $TDOC (+0,52%) or Match Group $MTCH (-0,5%) caught - both with 70% losses each.

But also Meta $META (-0,21%)
had price losses of 60%! The reason was not only the general situation but also the lack of faith in the Metaverseso that Meta also had an internal problem. In 2022, Meta was already counted as the next GE or IBM.

But also NVIDIA
$NVDA (+0,58%) also lost -45% got a good beating. Microsoft $MSFT (+0,09%)
Apple $AAPL (+0,19%) and Alphabet $GOOG (+0,09%) saw their share prices fall by -20 to -35% were also unable to escape.

What has me in the year 2022 keep going in 2022?

On the one hand, the thought that I can now buy many top companies much more cheaply, but on the other hand also the dividends. My dividends increased by almost 50% in 2022 compared to 2021 and at the end of the year I had dividends of over €1,800.

That's an average of €150 per month and that's with dividend growth companies and not high-dividend ETFs or similar.

Nevertheless, the statement at the end of the year didn't exactly look rosy. Having started with €193,000, at the end of 2022 the portfolio only stood at 178.000€ even though I had over 30.000€ invested. Price losses of ~€45,000 hit like a bomb.

After another slap in the face in December 2022 with -5%, everything should suddenly be forgotten at the turn of the year.

The year 2023 - Inflation, high interest rates? Never mind, we have AI!

On November 30, 2022, the world ChatGPT and since then we have been in an AI rallythat still has no end in sight at the end of 2024. The performance of the portfolio has turned 180 degrees. Everything that was at the top in 2022, such as pharma or consumer staples (Procter & Gamble, Pepsi,...) was suddenly at the bottom.

Suddenly at the top were NVIDIA and Meta with almost +200%.

With Crowdstrike, Salesforce and Palo Alto Networks there were

another three doublers in the portfolio. One Apple was with +40% already

rather a low performer.

The stock market got used to the normalized interest rate environment, supply chains were relatively intact again and inflation began to fall. All in all, a positive environment for the stock market, which was driven back up by a megatrend (artificial intelligence).

On the home stretch in December 2023, my portfolio was just about able to make up for all the price losses from 2022. In addition to price gains of ~€45,000, I also invested another ~€30,000, so that my portfolio increased by ~€75,000 in absolute terms.

My portfolio ended the year at ~178.000€ and at just over 250.000€ ended the year.

The dividends have also continued to rise nicely - from 1.900€

to almost 2.400€ upwards.

Asset development & return:

Year Deposit value Return

2022 179.000€ -21%

2023 252.000€ +24%

Vermögensentwicklung 2022-2023:

Outlook:

Vermögensentwicklung 2013-2023:

Outlook:

In the next part, I will look ahead to the year 2024 and thus also my portfolio update / annual overview cover.

The year 2024 continued to be characterized by AI, but also by falling interest rates and some political upheavals (Trump, traffic lights out,...).

The portfolio continued to perform extremely well in 2024, although the savings rate was lower than in previous years due to a number of private issues. Nevertheless, for the first time the 300.000€ in the portfolio was to be significantly exceeded.

Part 1: https://app.getquin.com/de/activity/PElWrODsmV

Part 2: https://app.getquin.com/de/activity/LUkWiLtZKX

Part 3: https://app.getquin.com/de/activity/mQAzDvfidK

#strategy

#personalstrategy

#etfs

#dividends

In Part 1 I described my start as an investor from 2010 to 2016. Despite loss-making investments and bad decisions (buying AT&T instead of Amazon), I was able to achieve a portfolio value of €35,000. These experiences were to lay the first foundation stone for my future successful investment strategy (https://app.getquin.com/de/activity/PElWrODsmV)

In part 2 I talk about further setbacks in 2017 and 2018 and how the purchase of MasterCard shares marked the turning point in my investment career. Despite initial losses and professional dissatisfaction, I realized that my original strategy wasn't working and discovered the "dividend growth" for me. With a new professional position and a solid salary, I was finally able to really hit the ground running in 2019 (https://app.getquin.com/de/activity/LUkWiLtZKX)

In part 3 it will now be about the years 2019 to 2021 will be discussed. In these 3 years, my portfolio has increased fivefold. From €40,000, it went up to €199,000 in the meantime. But not everything was positive here either. During this time, I also made the two worst trades of my investment career. In addition to Wirecard, there were two other equity investments that resulted in losses of over 80%.

The year 2019 & the first share savings plans:

The year 2019 started with a portfolio balance of ~€40,000 and after my MasterCard purchase in December 2018, my major portfolio reorganization was to continue directly at the beginning of 2019. So in the first four months with Tencent $700 (-1%)
Intel $INTC (+0,03%)
Salesforce $CRM (+0,06%)
Alphabet $GOOG (+0,09%) and Meta $META (-0,21%) (then still Facebook), five more tech stocks were added to my portfolio. In return I have BHP Billiton $BHP (+1,42%)
Macy's $M (-0,05%)
and Hugo Boss $BOSS (+0%) sold.

Later in the year, the shares of Mercedes $MBG (+0%)
and AT&T $T (-0,02%) were also removed from the portfolio.

In addition to further acquisitions such as Pepsi $PEP (+0,1%)
Nextera Energy $NEE (-0,38%)
or Xylem $XYL (+0,11%) I also recognized the benefits of share savings plans in 2019 and started to set up a pure "savings plan custody account". At that time, this was still done via comdirect or Consorsbank and each savings plan execution cost a fee of 0.75%.

Another sale in 2019 was the Gamestop-share $GME (+0,22%) . Bought in 2016 to have something to do with gaming in the portfolio, but not taking into account that stationary sales are becoming less and less relevant. In the end, the share price fell by 85% - unfortunately, this was long before the memestock hype emerged.

My portfolio rose to ~€67,000 in 2019 and achieved a return of 23%. However, this was still well below the MSCI World and the S&P 500.

The year 2020 - Corona, Wirecard bankruptcy & 100k before 30 in the portfolio

2020 - a year that few of us will probably forget. While everything was still going reasonably smoothly in January and February 2020, chaos was set to break out from mid-February/March.

The first few weeks of 2020 had given rise to hopes of a very positive development in my portfolio. From the beginning of January to mid-February, my portfolio rose by almost €10,000 to €77,000.

Panic then slowly set in from mid-February. I still remember exactly how trading on the US stock markets was repeatedly suspended for short periods and daily losses of 10% were normal. At 0 o'clock sharp, I looked at the US futures and in seconds the futures went down by -5%. A cap for the futures, the futures loss must not be higher and you knew the next morning it would end badly for the DAX.

But when there is blood in the streets, you can make very good deals! So in March 2020 I bought the Allianz
$ALV (+0%) for €118. This gives me a personal dividend yield of almost 12% based on the current dividend of €13.80. Unfortunately, I only bought for €1,000 in total.

Also Starbucks
$SBUX (+0,01%) I was able to buy for less than €50.

The stock market crash continued until the Fed made short work of it and ended the crash single-handedly. The crash was ended with interest rate cuts and massive money printing and once again the saying "Never bet against the FED" proved to be true.

The stock markets then went through the roof and within a very short space of time were already back to a positive level compared to the end of 2019. Every share that somehow falls under the term "stay at home" was suddenly the hot tip on the stock market. Whether the Peloton $PTON (-0,46%)

or Teladoc $TDOC (+0,52%) everything went through the roof.

I let myself get carried away and did about 10 "Stay at Home" hype stocks into a growth savings plan portfolio. Of these, at the end of 2024 with Sea $SE (+0,39%) and MercadoLibre $MELI (+0,08%) only two shares remained. It goes without saying that most of them left the portfolio at a loss.

But 2020 was also the Wirecard year $WDI BaFin's ban on short selling, a year-long audit by EY, political backing and massive investments by German fund managers from DWS, UnionInvest and Deka vs. a journalist from the Financial Times.

Wirecard's claims that the journalist was in cahoots with short sellers and the backing from various institutions were unfortunately too credible for me.

When Wirecard faced the press and announced that EUR 2 billion could no longer be found, things went downhill and it became clear to everyone that the company was heading for insolvency. Before trading was suspended, I was able to sell my shares at a 50% loss and got off lightly.

Later in the year, I was able to conclude an extremely favorable leasing offer and sell my private car. The proceeds went straight into my securities account and I broke the €100,000 barrier in November 2020.

My portfolio then ended the year with a value of ~€120,000. At +5%, my performance was pretty much in line with the MSCI World.

The year 2021 - HYPE! Wall Street bets, crypto and almost 200k in the portfolio

The year 2021 was characterized above all by hypes. Cryptocurrencies, memestocks and memecoins were in the headlines everywhere. Gamestop, Dogecoin, SPACs and NFTs everyone had to have.

Traditional shares became almost boring.

One of the reasons was certainly the checks that the US government issued to its citizens. It was still Corona, many were locked down and suddenly people started gambling on the stock market.

The hype can be illustrated very well using the example of NFTs. In 2021, NFTs worth $17 billion were traded, in 2023 it was only 80 million - a decline of 97%. According to one study, ~95% of all NFTs are now completely worthless.

The madness in one example: Procter & Gamble launched a Charmin toilet paper NFT. This was sold for over $4,000. All proceeds were donated, but a symbol of the madness of 2021.

From a portfolio perspective, 2021 was great! In the end, there was a +32% return and a portfolio value of over €190,000, which at times in November 2021 was €199,000.

My top performers were NVIDIA
$NVDA (+0,58%) with over 100% price gains and Pfizer $PFE (+0,06%)
, which was driven by the vaccine hype and at €50 was twice as high as in 2024.

My worst performer was another 80% loss with TAL Education $TAL (+0,85%) . An education company from China. Unfortunately, this was the first time I was able to experience the political arbitrariness in countries like China. Overnight, it was decided that education/tutoring could only be run as a non-profit. Of course, this was almost a death sentence for the company and the share price plummeted by 80%.

Asset development & return:

After the years 2013 to 2018 were forgettable in terms of returns, the years 2019 to 2021 finally delivered:

Year
Deposit value
Yield

2019 67.000€ +19%

2020 121.000€ +5%

2021 193.000€ +34%

Vermögensentwicklung 2019-2021:

Vermögensentwicklung 2013-2021:

Outlook:

Looking back on the hype year 2021, it is almost obvious that 2022 had to be clearly negative.

After the party, however, came the hangover in the form of inflation and the war in Ukraine. Sharply rising interest rates and global economic concerns did the rest.

In the next part, I would therefore like to look at the years 2022 & 2023. I will then combine 2024 with my review of the year in the last part.

#strategy

#personalstrategy

#etfs

#dividends

My learnings from 3 years on the stock market:

Securities account December 2020: €30,000

Securities account January 2024: €95,000

The first share I bought in December 2020 was $PLUG (+4,24%) . Why? Because it had already gone up 20% the day before and was already up 10% at the start of the day. So I got in at around €25 and the share gained another 20-30%. I was immediately flashed by the stock market and kept an eye out for other stocks that could go through the roof. Shortly afterwards $TSLA (-0,54%)
$NIO (-4,91%) and a penny stock. Goal: if things continue like this, I will become a safe millionaire next year. Start investment approx. 30,000€.

January continued just as optimistically and I had made a profit of €15,000 in just 1 month. I could hardly believe it and was annoyed that I hadn't started so early.

But the stock market soon brought me back down to earth. Then came the first correction and all the highflyers started to plummet. I panicked and eventually sold my stocks. Why? Well, some people said the stocks were overvalued and weren't even worth half their value. Somehow that must be true. Little by little I started reading stock market news. Caty Woods? wow, that woman seems to know what she's doing. $TDOC (+0,52%) ? Sounds exciting and she's also putting a lot of money into it. And bang went €18,000 into Teladoc (at that time a price of €180) why so bullish? Well, the analysts say there is potential up to €300. It happened as it probably should, Teladoc plummeted further and other stocks recovered. I panicked again and sold my position with a loss of around €3000 and bet on Tesla again. Catty Woods said that this was the future. At some point it went down again and I began to understand that electromobility is a bet on the future and that shares such as Microsoft, Google and the like are safe investments.

Learning number 1: Do your own research

So now I also bought safe companies, among others $PYPL (+0,02%) . Everyone says it's a secure company and I knew Paypal myself. I also did a bit of company analysis. Everything 1+* with Paypal. Well, almost.

By the end of 2021, I had recouped my losses and was back on track.

But then there was unrest on the market. Corona variants, Russia etc. And the stock market fell again. This time I thought to myself, oh, the companies will come back and I can sit back and relax. I thought wrong.

Learning number 2: It doesn't always depend on the company > the market situation must also be right. So keep an eye on the market situation.

So at some point I started buying the dips but also continued to invest in quality stocks. Of course, I still wanted to become a millionaire and also bought gambler stocks $BICO (+0%) . What followed was a rather frustrating 2022. I started reading through quarterly reports, reading up on what was happening, listening to podcasts about the stock market and basically getting a better understanding.

So I continued to buy shares that I thought were interesting and was convinced that the share would play a good role in the future.

Then came the turning point.

Learning number 3: the stock market "always" goes up in the long term. Provided they are the "right" shares.

2023 got off to a really good start and I started to like the stock market again and was able to breathe a sigh of relief. I was still in the red, but the first theses I had

I had put forward seemed to be coming true. It kept going up but I knew there would be days when it would go down.

Learning number 4: It doesn't just go up, the stock market is up and down and if you are convinced of your strategy then stay cool!

So I stayed cool and continued to trust my strategy and my portfolio.

What followed was the rally of my life. I was back in the black and had at least 4-5 stocks with over 100% price growth. $CRWD (-0,14%)
$PLTR (-1,36%)
$NVDA (+0,58%)
$TSLA (-0,54%)
$COIN (-1,38%)
$BICO (+0%) etc.

I had the best year and was able to record over 40% portfolio growth.

Jan. 2023 €56,000

Dec 2023 90.000€

Now I'm looking forward to 2024 and hope that I was able to help some of you with my post.

But one more thing I would add:

Making mistakes is absolutely normal. The important thing is to learn from your mistakes and get better, and the stock market is very good for that. And just because you've gained a few learnings doesn't mean you've got the hang of it. There are bound to be a few more situations that will be new to you and I'm honestly looking forward to them. Because that's how I learn how to make my future decisions!

So good luck with your learning!

Getquin rewinds - All that glitters is not gold ☄️

Now that the majority of the rewinds shared are performing really well and most of them are in the top 10% of the community, it's time to show the other side of the coin.

Even though my performance is supposedly better than 95% of the community, I would like to show the shit list of my portfolio here 😂

Please make some noise for:

Sea $SE (+0,39%) Match $MTCH (-0,5%) and Block $SQ (+1,1%) all of which have losses of ~50-70%.

But even a Pfizer $PFE (+0,06%) at the moment I would prefer to assign Waste Management $WM (+0,5%) from @Simpson for recycling 😂

The purchase of Hershey $HSY (+0,29%) has not paid off so far - but I'm convinced in the long term and simply started the savings plan at the wrong time in the middle of the year. Sartorius $SRT3 (+0%) continues to suffer from the normalization after Corona and China in general is simply not doing well, which is reflected in my China ETF $MCHS (-0,58%) shows.

With Teladoc $TDOC (+0,52%) and BASF $BAS (+0%) I have already sold two more pipe-drawers this year.

#rewind

#depot

#stock

#personalstrategy

#etfs

Here is a new update

Strong increase of + 1.7 percent compared to the previous week

10.7 percent since the beginning of the year

Gold and Bitcoin are both doing well, I have reduced both large positions a little today due to the very stable economy in America.

-Bitcoin/Barrick Gold

$ABX (+0,37%)
$BTC (-1,51%)

You can see that the general mood is very good, hot stocks are also being gambled more.

I have here $AI (+0,7%) and $TDOC (+0,52%) I'm taking the small Fomo wave with me for the time being.

GDP in America was over 5 percent in the last quarter and the economy is extremely strong.

Although there are signs that growth is slowing, we are a long way from a recession.

I am now playing the interest rate stagnation theme with Realty Income, $O (+0,08%) At the moment, inflation is also continuing to fall in Europe, which is currently pushing up interest rate-sensitive stocks such as $VNA (+0%) /Vonovia and Co.

You should also look at cyclical stocks such as $BA (+0,01%) -Boeing or $AIR (+0%) -Airbus, which are currently safe investments.

https://www.wikifolio.com/de/de/w/wf66zzzzzz

Does anyone know why $TDOC (+0,52%) has fallen so extremely in the last few years? Was there bad news or something similar?

Hello all,

finally there's a sign of life from me again.

The last time I was mainly a passive reader here on Getquin on the road, have commented here and there, but that's it. And to say straight away, of course, the passivity of the last few months also had to do with the missing challenges of Getquin. 😅

But I have risen from obscurity for another reason.

When I look at my portfolio like this, the thing I notice most is the duplication of the $IWDA (+0,14%) MSCI World and the $CSPX (+0,19%) S&P 500 catches my eye. In addition, I still have some of the largest positions such as. $AMZN (+0,02%) Amazon, $GOOGL (+0,14%) Alphabet or $META (-0,21%) Meta as single stocks in the portfolio.

I would like to reduce this duplication a bit and shift the World + S&P + Meta into the $VWCE (+0,14%) Vanguard All World. Thus I would have a few duplications less, Meta would be sold after the strong increase with profit and I would have only one savings plan.

However, I would keep the $EIMI MSCI EM in the portfolio and continue to save, simply to cover this part of the world much better than with the All World.

If I am already cleaning out the portfolio anyway, I would also like to include $SHEL (-0,05%) Shell, $HEI (+0%) HeidelbergCement, $BAS (+0%) BASF and $TDOC (+0,52%) Teladoc as well. I will not be adding to any of these positions in the future.

This would not result in any tax burdens for me.

What do you think of this line of thought?

Depot review April 2023 - The 200k cracked, at the end of the month again just under it

April is over and with it already a third of the year 2023 - madness, how fast time flies.

In the depot, April was the first negative month in 2023 with -0,7%. Compared to April 2022 with -4.8% the month was nevertheless significantly better.

(Fun Fact: April is generally considered to be the best month on the stock market).

Nevertheless, I was able to break the 200k mark for the first time in April after almost 10 years on the stock market. At the end of the month the portfolio closes nevertheless scarcely under it with 199,5k.

In the current year my current performance is +8,3% and thus above my benchmark (MSCI World +6%).

Dividend:

• Dividend +50% compared to the previous year - However, Sartorius $SRT (+0%) paid out in March last year, this year in April.
• "Adjusted" for the Sartorius dividend, distributions were nevertheless +33 +33% above the previous year

Purchases & Sales:

• I bought again for approx. 2.500 Euro
• Executed mainly my savings plans in (shares always quarterly - In total 30 share savings plans divided into 3 months):
• Blue ChipsLVMH $MC (-0,05%) Apple $AAPL (+0,19%) Home Depot $HD (+0,24%) Lockheed $LMT (-63,6%) Microsoft $MSFT (+0,09%) Nike $NKE (+0,06%) Starbucks $SBUX (+0,01%) Stryker $SYK (+0,73%) Texas Instruments $TXN (+0,58%)
  
• GrowthCrowdstrike $CRWD (-0,14%) and Mercadolibre $MELI (+0,08%)
  
• ETFs: x-trackers MSCI World $XDWD (+0,14%) Nikkei 225 $XDJP (+0,08%) and Invesco MSCI China All-Shares $MCHS (-0,58%)
  
• Crypto: Bitcoin $BTC (-1,51%) and Ethereum $ETH (-1,75%)
  
• Sold was with Teladoc $TDOC (+0,52%) a stock that has long been on the hit list

In the next month, Hershey will be added to the $HSY (+0,29%) a new stock in the savings plan (consumer staples with growth prospects and a very capital market affinity - share buybacks & high dividend growth).

BASF $BAS (+0%) is still very much on the brink of being sold.

How did your portfolio perform in April? And how long do you hold a stock in the savings plan before adding a new one?

#dividende
#dividends
#personalstrategy
#depotupdate
#performance