2024

Portfolio value (performance neutral)

Target 52 000€ -> +18 000€

Achieved 62 300€ -> +28 300€

Target 2025 -> 77 000€

Gross dividend

Target 1000€

Achieved 1018€

expected 2025 -> 1290€+

Daily allowance

Target 12 000€

Reached 13 300€

I would like to reach €15,000 by the end of 2025.

As I have an annual commute of 22,000 km, I'll have to buy a new car in 4 - 5 years' time if my current one no longer works.

In addition, several positions were sold in Q3 - Q4 ($O (+0,08%)
$BATS (+0,11%)
$SIX2 (+0%)
$ARCC (+0,11%)
$CVS (-0,27%)
$UNP (-0,48%)$NESN (+0%) ) and the focus was also placed on higher growth and dividend growth.

In principle, I have nothing against $UNP (-0,48%) but I see the growth opportunities at $CP (+0%) higher as well as a higher profit margin as soon as the acquisition of Kansas City has been optimally integrated into the company in order to work more efficiently.

I set up a custody account with Scalable Capital last week.

In addition to my cash flow depotwhich currently pays me a dividend of €709.45 next year (see picture), I will set up a savings plan custody account there.

This savings plan custody account will have a term of 20 years+.

I will pay in €495 per month and divide it between 15 companies as follows:

$GOOGL (+0,11%) - 33€

$AMZN (+0%) - 33€

$AAPL (+0,17%) -33€

$ASML (+0%) - 33€

$FAST (+0,42%) - 33€

$JNJ (-0,28%) - 33€

$MC (+0%) - 33€

$MCD (-0,05%) - 33€

$MSFT (+0,09%) - 33€

$NOVO B (+1,29%) - 33€

$PEP (+0,08%) - 33€

$PG (-0,14%) - 33€

$UNP (-0,48%) - 33€

$UNH (+0,19%) - 33€

$V (+0,12%) - 33€

The savings plans will be executed for the first time on Monday and then continue on a monthly basis.

I will post a monthly update here

I am currently considering parting with $DHL (+0%) and instead $UNP (-0,48%) instead. I still have a 35-40 year investment horizon and am convinced that logistics will continue to be needed. My investment case for DHL was primarily the global positioning and distribution (see also Formula 1 sponsorship), but the persistently poor figures give me pause for thought. These are much better at Union Pacific, but they are only focused on the USA, which would increase my exposure there even more.

What do you think? What would you choose or do you know other companies in this sector that you think are better?

$UNP (-0,48%)

Union Pacific Q3 24 results: First look

Largest US railroad company increases freight volume and revenue

Union Pacific Corp. announced that third quarter net income was $1.7 billion, or $2.75 per diluted share, an increase from net income of $1.5 billion, or $2.51 per diluted share, in the same period of 2023.

"Our third quarter results demonstrate the success of our strategy," Union Pacific CEO Jim Vena said in a press release. "Improved safety and service performance supported solid revenue growth, which we were able to translate into double-digit improvement in operating income and earnings per share in the third quarter."

"The entire Union Pacific team is focused on meeting the expectations of our customers and shareholders and is energized to build on these successes to achieve sustainable long-term success."

The Omaha-based company (NYSE: UNP) and operator of the largest U.S. railroad said operating revenue of $6.1 billion increased 3%, driven by volume increases and higher core pricing, partially offset by business mix and lower fuel surcharge revenue.

Freight revenue excluding fuel surcharges increased by 5%, while carloads sold increased by 6%.

The operating ratio, i.e. operating costs as a percentage of revenue, an important indicator, was 60.3%, an improvement of 310 basis points. Lower fuel prices in the quarter had a positive effect on the operating ratio, namely by 120 basis points.

Operating profit increased by 11% to USD 2.4 billion.

Quarterly freight car speed increased by 5% to 210 miles per day per car. Locomotive productivity increased by 5% to 135 gross ton miles (GTM) per horsepower day. Fuel consumption increased by 1% to 1.058 gallons of fuel per thousand GTM.

The quarterly productivity of the workforce rose by 12% to 1,102 car miles per employee. Both the year-to-date reportable personal injury and reportable derailment rates improved.

Looking ahead, the company expects fourth quarter results to be in line with the third quarter and to improve year-on-year compared to the fourth quarter of 2023. "Profitability will continue its positive momentum thanks to strong service products, improved network efficiency and solid pricing," the company said.

Union Pacific plans $1.5 billion in share repurchases in 2024, pricing will outpace inflation and the long-term capital allocation strategy remains unchanged with $3.4 billion of planned investments.

Thanks to everyone who participated.

I had expected Union Pacific $UNP (-0,48%) much further ahead.

I will now carry out an analysis and then place a first tranche in $CAT (-0,07%) put.

What do you think is a fair entry point?

What we can expect from tomorrow:

Monday:

• SAP ($SAP (+0%)) Verizon, Communications ($VZ (+0,19%)) Ryanair Holdings ($RYAAY),
• Truist Financial ($TFC (+0,12%)) report figures

Tuesday:

• Existing property sales (June)
• Alphabet ($GOOGL (+0,11%)), Tesla ($TSLA (-0,56%)), Visa ($V (+0,12%)), Coca-Cola ($KO (+0,1%)), GE Aerospace ($GE (-0,15%)), Comcast ($CMCSA (+0%)), United Parcel Service ($UPS (-0,01%)) report figures

Wednesday:

• S&P Global Flash Composite U.S. PMI (July)
• New real estate sales (June)
• Advance International Trade (June)
• Advance retail inventories (June)
• Advance wholesale stocks (June)
• Thermo Fisher Scientific ($TMO), IBM ($IBM (-0,01%)), ServiceNow ($NOW (+0,06%)), AT&T ($T (-0,02%)) report figures

Thursday:

• Gross Domestic Product (GDP) (Q2)
• Durable goods orders (June)
• FigVie ($ABBV (-0,35%)), AstraZeneca ($AZN (+0,12%)), Union Pacific Corp ($UNP (-0,48%)), Unilever ($UL (+0%)), Honeywell International ($HON (+0,21%)) - report figures

Friday:

• Personal Consumption Expenditure (PCE) Index (June)
• Consumer Sentiment (July)
• Bristol Myers Squibb ($BMY (-1,14%)), Colgate-Palmolive ($CL (+0,05%)), 3M ($MMM (+0,01%)) report figures

What a wild day in the portfolio. Individual stocks went from -9% to +5%. Who had a similar experience - even if it doesn't matter in the long term?

$ULVR (+0,11%)
$UNP (-0,48%)
$BMY (-1,14%)

Morning everyone,

I've been wondering for two weeks now whether the strategy I'm pursuing is the right one (dividend strategy),

because on the one hand the taxes you pay on it are a big contra in my eyes but on the other hand I benefit from the dividend growth in the future. On the other hand, if I increase my capital now and then switch to dividends in 15-20 years, I would theoretically have more.

I always find it difficult to sort out my thoughts and write them as text, but I hope you can help me 😅.

I have now added stocks via a savings plan such as: accenture $ACN (+0,84%) , deere $DE (-0,12%) , pepsi $PEP (+0,08%) , tractor supply $TSCO (+0,22%) , abbvie $ABBV (-0,35%) , McDonald's $MCD (-0,05%) Union $UNP (-0,48%) , home depot $HD (+0,22%).

All the other bets were just gambling without any real analysis to be honest and these are the ones I'm convinced of in the long term unless something fundamental changes.

Yes, the topic of returns has now also reached me and I want to leave as little of it as possible by the wayside and take it with me.

Major shopping spree January 2024

Share/ETF number 9/18