I have recently expanded my portfolio and now hold 30 shares in LVMH. The group stands for strong brands, pricing power and long-term stability like no other. $MC (+0,35%)

Hi guys, wanted to let you know which stocks are on my watchlist and when I would get in, looking forward to your feedback.

The alerts are active in TR and Tradingview, just waiting for the notifications 🤑

$1810 (+1,5%) 3,50€

$UNH (+0,23%) 220€

$UBER (+0,23%) 60€

$AVGO (-1,16%) 230€

$CRWD (-1,11%) 335€

$WM (-1,23%) 175€

$ISRG (+0,07%) 380€

$WKL (-2,03%) 72€

$KLAR (-1,05%) 20€

$SRAD (+0,64%) 14€

$PNG (+6,04%) 3,50€

$MC (+0,35%) 530€

What's on your watchlist?

Kind regards 👋🚀

Today $MC (+0,35%) published its figures for the fourth quarter - and surprisingly performed better than expected.

Turnover (expected): € 22.2 billion

Turnover (reported): € 22.7 billion

EPS (expected): € 21.40

EPS (reported): € 21.85

Despite the positive sales trend, there was a decline in operating profit of around 9%, which is primarily attributable to negative currency effects, higher costs and geopolitical burdens.

On a positive note, business in Asia, particularly in China, is showing signs of recovery. Local sales increased again in the quarter. This is a sign of hope after prolonged declines there.

How do you assess the current development? Do you see the latest development more as a short breather or are we seeing a turnaround, especially with the developments in China?

https://www.investing.com/news/stock-market-news/lvmh-fourthquarter-sales-beat-expectations-as-china-improves-4468163

LVMH 2025 $MC (+0,35%) :

* Sales: € 80.8 billion (down slightly by -1%).

* Profit: € 10.9 billion.

* Dividend: € 13.00 per share (unchanged from the previous year). Of which still to be paid: € 7.50 on April 30, 2026.

What you need to know:

● Sephora is the winner: while other areas are weakening, the beauty business is doing extremely well.

●Luxury fashion remains stable: brands such as Louis Vuitton and Dior maintain their high margins of 35%.

●Challenge Asia & USA: Political tensions and less tourism slow down growth in wine, spirits and leather goods.

●Focus 2026: The Group relies on cost discipline and new collaborations (such as with Formula 1) to remain the market leader.

Despite headwinds, LVMH remains a cash flow machine (€11.3 billion) and keeps the dividend stable for investors.

https://www.b2ms-tickets.de/event/a09613d8-502b-417e-bc69-2c44e2012432

👆🏻👆🏻👆🏻🖕🏻

Get a free ticket (or 3), last year it was sold out.

Motorworld aside you can see what would be in the garage if not invested or if investments pay off and you live .

What happened to the recommended stocks 9 months ago?

While

$P911 (+0,17%)

$9888 (+0,58%)

$9988 (+0,42%)

$MC (+0,35%) and

$META (-0,6%)

ran sideways,

Has one with:

$TTD (+0,21%) Losses and at:

$NEM (+0,75%)

$ABX (+1,33%)

$GOOGL (+0,29%)

$HPQB34

Very strong performance, sometimes over 50% in 9 months!

Who is coming along, or is also going to the Munich Investors' Day?

$RYA (+0,21%)
$UNH (+0,23%)
$GM (+0,43%)
$RTX (+0,71%)
$UPS (+0,28%)
$UNP (+0,31%)
$NOC (+0,84%)
$BA (+0,16%)
$MC (+0,35%)
$TXN (-0,77%)
$STX (+0,27%)
$SSAB A (-2,51%)
$ASML (+3,34%)
$GEV (+0,42%)
$SBUX (-0,22%)
$T (+0,24%)
$GD (-0,32%)
$MSCI (+0,85%)
$META (-0,6%)
$NOW (-3,81%)
$IBM (+1,01%)
$LRCX (+2,87%)
$TSLA (-0,36%)
$MSFT (-2,49%)
$000660
$005930
$SAP (-15,35%)
$ABBN (-0,13%)
$DBK (-0,76%)
$ROG (+0,94%)
$DOW (-1,73%)
$NDAQ (-0,01%)
$LMT (+0,35%)
$CAT (+2,51%)
$TMO (+0,81%)
$HON (-0,46%)
$MA (+0,45%)
$BX (+1,34%)
$WM (-1,23%)
$WDC (+1,16%)
$SNDK
$V (+0,59%)
$AAPL (+0,1%)
$SOFI (-0,14%)
$CL (+0,3%)
$AXP (+0,45%)
$XOM (+1,47%)
$CVX (+1,27%)

$RMS (-1,71%) and $MC (+0,35%) both stand for luxury, but pursue different success models that complement each other ideally in the portfolio. Hermès impresses with its extreme exclusivity, strictly controlled growth, high margins and exceptional pricing power. The artificial scarcity of products ensures stable demand - even in economically weaker phases. The downside: growth is deliberately limited and the share is usually traded at a high valuation.

LVMH, on the other hand, plays to its strengths through diversification and size. The group combines numerous iconic brands in fashion, leather goods, spirits, watches and cosmetics and benefits more from global consumer and travel trends. As a result, LVMH offers more growth potential, but is also more cyclical and more susceptible to fluctuations than Hermès.

Together, the two stocks form a strong luxury duo: stability and exclusivity meet breadth and economies of scale. For long-term investors, this combination can help to exploit opportunities in the luxury segment and better diversify risks.

How do you see it? Would you opt for Hermès or LVMH - or would you put both in your portfolio?

I have looked at my portfolio review of 2025 and my start to 2026 - not just "how much", but above all: why and what I have learned from it. I am happy to share this with you and look forward to discussion & feedback and, above all, your views: what was the result and also your perception of your stock market year 2025 - and what set-up are you starting the new year with?

Time to reflect 🧘‍♂️

1) Change of mood at the end of 2024

After a rather sobering (for me) stock market year 2024, there was a clear turnaround in sentiment in November 24: on the day of Trump's election victory in Nov 24, the market jumped significantly (Dow +3.57 %, S&P 500 +2.53 %, Nasdaq +2.95 %). This made the "risk-on" narrative credible again - and you could see it in the behavior of many portfolios. At least in mine, if I'm honest with myself ;)

2) Q1/Spring 2025: Unusually Europe-friendly

The first few weeks of 2025 were indeed unusually Europe-heavy: in the first six weeks of 2025, the STOXX 600 was up >5.5%, while the S&P 500 was only up +2.7% in the same period.

This also became clear later in hindsight: in 2025, defense and banks were extremely strong drivers in Europe at times. I was also right in this upswing ($DHL (+1,36%) , $GBF (-0,08%) , $RIO (+2,79%) ) but unfortunately also some disastrous ($NESN (+0,42%) , $MC (+0,35%) , $NKE (+0,12%) ,$NOVO B (-1,17%) ) decisions were made. Partly also trend- and community-driven -> yes, you are to blame ;)

3) Beginning of April: Bad times

Then came the break: The strong start to the year was literally "wiped out" in just a few sessions, partly due to the customs/trade war shock. YTD turned completely negative, and by April 7 the STOXX 600 was around 12% below the closing price on April 2. $TSLA (-0,36%) and $NVDA (-0,56%) purchases. I also $PEP (+0%) I bought cheaply, but a real breakout is still a long way off.

4) Shortly afterwards: fireworks

Then a tailwind came back in the US from the middle/end of April, when the market repriced parts of the Trump escalation in the direction of "negotiations/de-escalation". The Donald kept a few election promises that were perhaps not quite official .-)

5) H2/late year: AI + interest rates as a "macro tailwind"

Towards the end of the year, the environment was then more strongly characterized by two factors: AI-driven risk assets and falling interest rates. It was an AI-driven rally, which also supported sentiment and inflows into US equity again.

And on the interest rate side: the Fed set the key interest rate at 3.50 % to 3.75 % in December after a further cut.

At the end of the year, the major benchmarks were also closer together again: STOXX 600 +16.66 % in 2025, S&P 500 ~+17 %.

6) Golden times 🥇🏅

Then there was the beautiful gold (u.W.). 2025 was a real exclamation mark: spot gold was up around 66% over the year (according to Reuters, the strongest increase since 1979).

Silver was even more extreme at around +168 % per year.

I have already written about gold in more detail here on getquin - if you are interested in the topic, you can find the article in my profile.

Personal performance 2025

• Internal rate of return: approx. +10 %
• TTWROR: approx. -33 %
• Dividend yield: approx. 1.3 % p.a.

The figures confirm what I described above: in my opinion, I made very good operational decisions (realized profits, used tax aspects, built up cash flow). At the same time, the TTWROR shows quite clearly that the portfolio structure was too volatile and too strongly growth/trend-oriented in the meantime. Too often, I have taken the "falling knife".

Before the turn of the year, I invested in $NVDA (-0,56%) , $TSLA (-0,36%) , $GBF (-0,08%) and $DHL (+1,36%) - each with positive returns - for the following reasons:

• Utilize saver's allowance
• Reduce tech-heaviness
• Cash generation (you can read why below)

Starting point Jan 2026:

Brief overview of the 2026 start setup

Asset mix

• Individual shares: 71.4 %
• ETFs: 16.0 %
• Gold: 9.2 %
• Crypto: 3.4 %

Regional breakdown

• North America: approx. 45.7 %
• Europe developed: approx. 26.0
• Rest of the world (including EM/Asia/Australasia): approx. 22.5 %

Sector structure

• Financial services: 20.5 %
• Consumer goods (cyclical): 19,2 %
• Consumer staples: 15.7
• Information technology: 14.8
• Materials: 7.9
• Healthcare: 4.7

Start to the new year

Parallel to the sales at the end of 2025, I reallocated or increased my holdings in January, including in $O (+0,21%), $VNA (+0,76%) and $ZAL (-0,1%)- with the logic:

• Strengthen cash flow/dividend components
• Turnaround opportunities as a limited admixture
• Reduce volatility in the portfolio

Why I am thinking more defensively in 2026

Next week, the purchase of an apartment on beautiful Lake Tegernsee 🏝️ will be notarized. This is a step into a completely new asset class for me, as it's my first property of my own. - In addition to construction financing, it will of course also be a liquidity issue over the next few weeks.

I may make a separate post about this, perhaps some of you are also currently facing this step?

I can mentally cope well with drawdowns. But: being able to bear risk does not automatically mean having to bear risk.

My portfolio should fit in with this new phase of my life.

What I will do differently in 2026

Because a new asset class will be added to my portfolio in 2026 with the purchase of an apartment, I want to position my portfolio more defensively in future - without completely foregoing opportunities for returns : risk. Otherwise we would be completely wrong on the stock market :)

1) ETF core should dominate

I want my portfolio to be dominated by my ETFs in future. My target scenario is therefore

• 60% of the deposits via a savings plan in my 4 core ETFs ($VWRL (+0,08%) , $COMM (+2,17%) , $WSML (+0,21%) , $IEMS (-0,26%) ).
• 30 % stocks
• 10 % commodities
• Play money: crypto, certificates, pennies (weighting < 5%)

Important! This is a start-in-2026 setup

Of course, as always in life, a plan is there to be thrown overboard - so you have to wait and see how assets perform in the year ahead and reassess regularly.

2) Stocks yes - but with more discipline

Turnaround/opportunity stocks and trends remain part of my approach, but clearly limited. I want these positions to be what they should be again: An addition, not a foundation.

I will reduce (basic) consumption and strengthen healthcare. And tech?

3) Tech: more controlled

Tech will remain a driver of returns in 2025 - but I want to build it up again in a controlled manner after my sales. I will monitor the trend from a distance for the first few weeks and possibly months and bet on corrections. You can't do without it - as you can see from the Mag-7 performance in 2025:

• $GOOGL (+0,29%) : +65,3 %
• $NVDA (-0,56%) : +38,9 %
• $MSFT (-2,49%) : +14,7 %
• $META (-0,6%) : +12,7 %
• $TSLA (-0,36%) : +11,4 %
• $AAPL (+0,1%) : +8,6 %
• $AMZN (-0,87%) : +5,2 %

On that note, happy new year!

$VWRL (+0,08%)
$EWG2 (+1,92%)
$O (+0,21%)
$PEP (+0%)
$MSFT (-2,49%)
$P911 (+0,17%)
$BLK (+0,2%)
$NKE (+0,12%)
$RIO (+2,79%)
$MC (+0,35%)
$NOVO B (-1,17%)
$NESN (+0,42%)
$ZAL (-0,1%)
$COMM (+2,17%)
$IEMS (-0,26%)
$BTC (-1,68%)
$ETH (-2,95%)
$XRP (-2,56%)
$PEPE (-4,33%)

Here is my review of December 2025. I will probably also write a review of the year, where I will also go into more detail about the dividends. But that will probably take a few more days.

📈 Performance:

S&P500: -0.33%

MSCI World: +0.32%

DAX: +2.74%

Dividend portfolio: -1.55%

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

🟢 ($2318 (+2,37%) ) Ping An +15.65%

🟢 ($RIO (+2,79%) ) Rio Tinto +11.61%

🟢 ($2768 (-0,33%) ) Sojitz +7.15%

🔴 ($MMM (+0,66%) ) 3M -6,81%%

🔴 ($TSCO (+0,02%) ) Tractor Supply -8.45%

🔴 ($7974 (-2,58%) ) Nintendo -21.09%

Dividends:

December 2025: € 208.88

December 2024: € 185.64

Change: +12.52%

Sales:

🟥 ($MICC (+3,56%) ) The Magnum Ice Cream Company

Purchases:

🟩 ($HD (+0,25%) ) Home Depot (2 pcs.)

Savings plans:

($CTAS (+0,41%) ) Cintas (50€)

($MC (+0,35%) ) LVMH (50€)

($MSFT (-2,49%) ) Microsoft (25€)

What else has happened?

As is often the case in December, there are those who rush from one Christmas party to the next, constantly have appointments and can't find any peace and quiet even at Christmas.

Then there are those who take December very easy, have relaxed TV evenings, make the most of the nice weather during the day (if possible) and at least try to keep things quiet at Christmas. I belong to the latter and only belong to the former at Christmas. As a result, my December was pretty quiet except for the Christmas rush, where you're rushing from one meal to the next and from one relative to the next. With various birthdays around Christmas and between the years, the stress continues. Fortunately, I've been reserving Boxing Day for me and my wife for a few years now. We don't visit anyone there and don't want anyone with us. We just spend the whole day doing whatever we feel like doing. Apart from that, we have a quiet New Year's Eve and that's it for 2025.

🥅 Goals for 2025:

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

Target achievement at the end of October 2025: 91.56%

So I actually didn't quite reach my target, although the total investment I was aiming for (incl. pension portfolio & Oskar) of €20,000 was achieved.

Overall, I am quite satisfied with the year. In the annual review, as mentioned above, I will go into more detail about the dividends and the overall performance.

Anyone who enjoyed the report and would like to read more is welcome to follow me,

If you are not interested, you are welcome to scroll on or use the block function.