Summary of October 2021

 

Summary of October 2021

This is a summary that combines the movements that have occurred during the month of September as well as October.

Dividends were received from several companies: BP, Nike, IBM, McDonalds, Shell and Rio Tinto.

I joined in the new share offers from both Easyjet and Lufthansa and we will have to see how that turns out.

When I started this journey I wanted to have a stock portfolio of 750k € in the year of 2033 during the course of it I readjusted my target to be 350k € and by having no debt and taking out ~4% with a early reduced stock portfolio this would then give me around 1000 € to live on each month (today working fulltime and having a rent of 600 GBP I manage to live on 1200 GBP per month) until the end of my life with no further incomes. There will be further incomes and it will be possible to live on 1000 € per month.

I keep going back and forth on what I should do next. Should I travel the world for one to two years? Should I move into my summerhouse (not ideal, owned by more family members), should I buy a house in Sweden close to my summerhouse and restore it? Should I buy a house in the south of France (I loved living there) and restore it and spend ~9 months there and ~3 months in Sweden when France is too hot? Difficult, difficult, difficult. Two of the options involves buying a house which I will have to do without a mortgage since I will not have employment. A restoration object can be bought in either country for <50k € and restoring it DIY style I just roughly estimate to another 25k €. I have now reached my 350k € target however buying a house and restoring it would require a total of 425k € which I am not yet at and more importantly I still have more to give to my current company before I am ready to walk away.

I had a lovely two week vacation in Sweden during the end of September seeing family and friends. Batteries were recharged for the autumn!

For the previous summary please visit Summary of August 2021 and here you can see my stock portfolio as it is.

The total invested value is now at: 241,819 €. Monthly investments were made in the Mixed ETF, Lufthansa and EasyJet.

The value of the portfolio is today: 351,849 € and I have 3,895 € in cash on my broker accounts. I have realised gains of 2,498 € and unrealised of 110,029 € (31%) which is not good enough but it is improving. My ETFs are now up at a value of 61% of my portfolio.

DAX is now up at 15,689 points which means that it has decreased by -0.6% since the previous summary and my own portfolio has decreased by -1.1% in the same time period.

Conclusion: There was a larger dip in September but already in October that was pretty much balanced out again. DAX ended up with a better performance than my own portfolio this time around. I have now reached my target but will continue to save and invest to build up a larger buffer to give myself more room to decide what to do next. The main driver is however that I have more to give to the company that I'm working for before I push the retirement button.

Dividends during Sep/Oct 2021

 

During the two months there were some substantial dividend payments being made to my broker accounts. The biggest by far coming from Rio Tinto that with this payment snuck in on second place in dividend payments for the year. Only BASF have in cash paid out more to me.

McDonalds paid out 26.34 € as cash on my broker account.

Shell increased their quarter dividends and paid out 55.51 € to my broker account.

Rio Tinto added a bonus dividend payment which meant that I received 310.71 € out as cash on my account.

Nike paid out 9.45 € and after taxes I got 8.03 € on my broker account.

BP paid out 36.72 € and all of it ended up as cash on my account.

IBM paid out 34.51 € and after taxes I got 29.33 € on my account to make new investments with.

Stocks bought in Sep/Oct 2021

I do not yet know if it was an unfortunate situation or a great one however after I had decided to increase by holdings in Lufthansa and Easyjet in August both of them came out with new shares that they offered to the market in September. I joined in both of them which pushed up my holding to a level that I'm not so happy about but it also meant that I received more shares offered to me so as always, future will tell.

I therefore bought 217 more shares in Easyjet at a total cost of 1052.43 €. This brought my holding to 547 shares at a total cost of 4603 €.

I also ended up with 470 new shares in Lufthansa at a total cost of 1705.41 €. This brought my holding to 940 shares at a total cost of 6262 €.

These stocks will be included in the upcoming summary update.