UnitedHealth Group $UNH (-0,46%)
is still a giant in the US healthcare market - but but the share is currently trading at around USD 356, down a whopping 36% on the previous year. Despite high analyst targets and historical strength, the Group is facing noticeable challenges, while major competitors such as CVS Health and Elevance Health are catching up on key metrics.

Strong base:

UnitedHealth Group remains the industry leader with around USD 400.3 billion in annual sales and USD 322.96 billion in market capitalization. The company continues to grow - sales rose by 7.7% in 2024 and are expected to increase by as much as 12% in 2025. The dividend has been increased without interruption for 15 years and the yield is currently 1.7 %.

Valuation & growth:

With a price/earnings (P/E) ratio of 21.8x (2025), the share is not expensive for a market leader, especially in view of forecast earnings growth of 5.2%. Analysts have issued an average price target of USD 372.04 - which would correspond to an increase of 4%. The most optimistic analysts even see potential up to USD 626.

Opportunities/risks, etc. in my blog.

https://steady.page/de/finanzen-anders/posts/c2335bfc-a7a2-4b7d-a08c-e736307291c2

Hello everyone,

I have cleaned up my portfolio a bit and trimmed it to 30 positions (please ignore the very small positions, it is more expensive to sell them than to keep them). The different ETFs on msci, msci em, dax and NASDAQ are due to historical reasons (sub. Deposits, change from synth. To physical replication, too many taxes with complete change). At the end of the year I will sell the 2 DWS old funds and then have the tax refunded promptly --> grandfathering. I just don't know where to switch to.

I am currently saving:

$TDIV (-0,08%) 250/m

$IWDA (+0,44%) 600/m

$IEMA (+0,74%) 250/m

$EQAC (+0,87%) 250/m

$ALV (+0,06%) 50/w

$KO (-1,23%) 50/w

$PEP (-1,25%) 50/w

$UNH (-0,46%) 50/w

$V (+0,05%) 50/w

$ULVR (+1,05%) 50/w

And I reinvest the dividends from $O (+0,02%) and $MAIN (-0,96%) monthly

I try to have all positions that I want to hold long-term at 2-4 percent (exceptions: ETFs, $EWG2 (+0,5%) and $BRK.B (-0,38%) )

At the moment semiconductors ($AMD (+3,4%)
$PLTR (+2,84%)
$MU (+4,36%) and $MPWR (+6,44%) ) are my "yield positions", which I would like to sell if the price continues to rise.

But at the moment I'm lacking inspiration. What is my portfolio missing in the long term? Which themes could I "play" to achieve short-term returns. Or just leave everything as it is.

I would be grateful for any opinions.

Greetings 👋

$IREN (+11,88%)
$SOFI (+3,68%)
$HIMS (+2,06%)
$LMND (+5,34%)
$UNH (-0,46%)
$3350 (+2,91%)
$ELF (+0,94%)

Many would probably not have expected things to go so well after the weak start to the year.

But it shows me personally that my research, my confidence in my company selection and what I saw in the selected companies has paid off.

Not only once was I down more than 50% on the companies listed, but I constantly bought more and remained true to my selection, as nothing had changed in my opinion.

Yes, the portfolio is very focused and overweight, but I still believe that the positions will largely continue to outperform the market in the future.

And yes, you need strong nerves, I won't deny that, and you have to question your selection regularly, so it helps a lot if you take notes on why you bought the companies.

Believe in your convictions ✌️

There was some movement in the portfolio today, a stop loss and a limit order were triggered. Surprisingly, my broker booked this at 8.01, although the SL was at 8. Anyway. So this pretty much went in the wrong direction, happens and reduces the tax on the other trades, which are all going and have gone very well. My first real loss-maker after previously $GXI (+1,93%) with 6% and after the setback in May $UNH (-0,46%) were sideways for too long and closed 0.5% down as the only non-winners.

📈 Performance:

S&P500: +2.80%

MSCI World: +2.60%

DAX: -0.09%

Dividend portfolio: +0.74%

My high and low performers in September were (top/flop 3):

🟢 ($TSLA (+1,82%) ) Tesla +33.20%

🟢 ($UNH (-0,46%) ) UnitedHealth +14.25%

🟢 ($D05 (+1,44%) ) DBS +12.94%

🔴 ($DTE (-1,7%) ) Deutsche Telekom -8.29%

🔴 ($TSCO (+2,69%) ) Tractor Supply -9.43%

🔴 ($TXN (+0,46%) ) Texas Instruments -10.30%

Dividends:

September 2025: € 203.56

September 2024: € 140.14

Change: +45.26%

Sales:

🟥 ($T (-3,77%) ) AT&T (27 shares) +36.05%

Purchases:

🟩 ($2318 (-0,02%) ) Ping An Insurance (150 pcs.)

🟩 ($UNP (-2,65%) ) Union Pacific (3 shares)

Savings plans:

• ($CTAS (-1,45%) ) Cintas (50€)
• ($MC (+0,69%) ) LVMH (50€)
• ($MSFT (-0,03%) ) Microsoft (25€)

What else has happened?

As announced, I asked the tax office to recalculate the advance payments. This was done and fortunately I no longer have to pay anything in advance.

If things go well, I'll even get some money back next year.

The bill for the car has also arrived and amounts to €1500. But that really pays for everything.

My nest egg has melted down to €900 and now I have to build it up again. Once again, the target is €10,000.

I was on vacation in Egypt from the end of September until last weekend. As always, it was super nice and just pure relaxation.

🥅 Destinations 2025:

Deposit of €10,000 and thus a custody account volume in the share portfolio of ~€73,000

Target achievement at the end of September 2025: 69.19%

How was your September?

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.

👋 Introduction & background

Hey everyone!

I'm 33, married and dad to two small children (18 months and 2 months old). I've been working in the automotive industry since 2011 and in management consulting since 2019. ⚙️🚗💼

My wife is an engineer and also works in the automotive industry. 👩‍🔧🚗

I've been with getquin since 2022, but so far I've been reading along rather than actively posting. 👀

My wife is currently on parental leave and receives parental allowance. I will go on parental leave in Q2 2026 (also with parental allowance), then she will start working again. This means that only one of us will receive a full salary until the end of 2026 - but we'll still be sticking to our savings and investment quota. 👶💶

💰 Current status:

A good mid-six-figure amount has already been saved in our custody accounts. 📈

👶 Children & investments

For each child, we invested €10,000 in the Vanguard FTSE All World ($VWRL) (+0,55%) invested. In addition, each child receives €150 per month in the same ETF - via junior custody accounts at ING. 📊

💍 My wife's investments

She invests monthly:

- 🌎 500 € in the MSCI World ($XDWL) (+0,52%)

- 💸 500 € in the Vanguard FTSE All World High Dividend ($VHYL) (+0,31%)

📈 My investment strategy

Long-term, diversified and with a focus on cash flow & wealth accumulation.

🔹Core portfolio (ETF & Bitcoin)

900 € flow in monthly:

- 💵 €500 in SPDR S&P 500 ($SPY5) (+0,51%)

- 🌍 €200 in Vaneck Morningstar Developed Markets Dividend Leaders ($TDIV) (-0,08%)

- ₿ 200 € in Bitcoin ($BTC) (+0,44%)

🔹 Individual share savings plans (€25/ €600 each)

Target per company: €10,000 investment amount.

Currently participating:

$DB1 (+0,96%) , $UNP (-2,65%), $RACE (+2,13%) , $MRK (-0,73%) , $MUV2 (+0,09%) , $DGE (-1,17%) , $DE (+1,66%) , $TXN (+0,46%) , $AWR (+0,3%) , $ADP (-1,03%) , $PLD (-0,12%) , $HEN (-0,42%) , $ITW (+1,49%) , $UNH (-0,46%) , $LLY (+0,99%) , $BEI (+0,74%) , $MCD (-0,98%) , $DTE (-1,7%) , $WMT (-0,47%) , $COST (-0,49%) , $WM (-0,38%) , $JPM (+0,09%) , $BLK (+0,15%) , $SY1 (+0,59%)

🔹 Cash reserve

💰 Set aside at least €1,000 every month to be able to strike flexibly when opportunities arise.

🏘️ Real estate strategy

We live in our own home and own a rental apartment that pays for itself. ✅

Further real estate purchases are planned. 🏡📈

🎯 Target (15-20 years)

Financial freedom - with the option of part-time or complete independence from employment. Focus on more time for family, projects and quality of life. ✨

How do you structure your portfolios? What is your strategy and what are your long-term goals?

I look forward to the exchange!