Monday 8 January 2024

The stock portfolio development during 2023


Due to the end-of-year rush on the stock exchange the development of the portfolio was semi ok. My stock portfolio increased in value by 54.6k € of which 11.1k € was in added investments which means that 43.5k € came from snowball effect.

In the previous report the stock portfolio development 2022 I spoke about that I had readjusted my target from the original 750k € to ~450k €, to buy a renovations object close to a warm beach and close to skiing during winter. Spain has started to be more interesting that France. I handed in my letter of resignation and left the UK in May 2023 to move back to Sweden to live in the family summerhouse while converting a campingvan. The campingvan is ready and I'm planning to leave in spring 2024. I do around 2 days per month of consultancy job for my old company but I must say that I am bored. Being retired is not as fun as one might think it to be. Everyone of my friends in Sweden are busy with their kids and their activities and it is a very, to put it bluntly, boring, not to have a job to go to every day. I'm therefore very certain that once I have fixed the renovations object I will, one way or the other, get back into the workforce again.

As can be seen in the graph above my plan is working well. In my first year (2012) of investment I ended up with a stock portfolio in the value of 17,659 € which was 4,744 € more then my plan required. In the second year (2013) my stock portfolio grew with 73 % and ended up with a value of 30,623 € which was 4,723 € above my target meaning that I managed to stay ahead of my plan but I did not manage to increase this advantage. In the third year (2014) my stock portfolio grew with 57% and I ended up with a value of 48,208 € which is then 8,333 € ahead of my investment plan which means that I managed to double my advantage during 2014. In the fourth year (2015) my portfolio grew by 53% and I am up at a value of 73,579 €. My plan was to have a stock portfolio of 54,915 € in the end of 2015 which means that I am now 18,664 € ahead of my plan. During my fifth year (2016) which was horrible in terms of new investments my portfolio still grew by 20% and the value was up at 88,414 € which mean that I was still 17,312 € ahead of my plan. In the sixth year (2017) the portfolio grew by 24% with a value of 109,606 € which was 21,802 € ahead of my plan. Followed by my seventh year of investing (2018) and an estimated growth of 19% and a value of ~130,000 which kept me 22,726 € ahead of my plan (hit by divorce). To then in my eighth year of investing (2019) with a growth of 24% with a stock portfolio value of 160,669 € and me being 33,216 € ahead of the plan (still hit by divorce). In the ninth year of investing (2020) and a growth of 52% and a stock portfolio at 243,801 € and me being 94,629 € ahead of the plan (final year of being hit by divorce). In my tenth year (2021) I had a growth of 57% and a stock portfolio at 383,941 € and by that I was 211,395 € ahead of the original plan. In the eleventh year (2022) I had a growth of measly 19% and a stock portfolio of 455,859 € and by that I was 258,156 € ahead of the original plan. In the twelfth year (2023), the year I left my job, I had a growth of 12% and a stock portfolio of 510,439 € and by that I was 285,661 € ahead of the original plan.

The larger the portfolio the less impact further investments will have and in this case I've not only stopped putting any more money in but instead I'm now taking out money instead.

Conclusion: 2023 turned out to be a good year for my stocks that no longer relies on new fresh large chunks of money being added to the pot but instead extraction of assets.

Summary of November/December 2023


Summary of November/December 2023

War is still going on, which means that food prices will not be coming down any time soon besides from the obvious that people keep dying due to one idiots decision. Winter has hit very hard this year and it is very cold in many locations in the northern Europe. I myself sitting in my summerhouse need to help out the heat exchanger by using the fireplace. Happily I had a lot of left over pieces of wood from my campingvan conversion so that has saved me a trip to the recycle centre, although, not the best for the environment. Heating of a place, no matter if it is my campingvan or the summerhouse is crucial and it is an interesting experience to take stock of. It is also a catch 22 with the the solar panels and winter. when the sky is clear and the sun is shining it is very often cold, however, the LiFePo batteries gets permanently damaged if one charge them when the temperature is below zeros deg C. So, when the solar panels can work, they cannot charge the batteries and when the batteries can be charged the sun is not shining on my panels. Everything should, however, be solved by driving toward the sun!

The consultancy job has continued and I've written invoices to my old company. The project has gone fairly well and we need to get it now to the next level, which I hope we will accomplish now during January with customer trials.

For the previous summary please visit Summary of October/Early November 2023.

The total invested value is now at: 343,328 which is a drop by ~10k €. Several companies were sold: Netflix, EasyJet, Skanska, BASF and H&M to reduce the taxes that I need to pay from the sale of my Netflix shares. Over 10k € was taken out from my German broker account. In the UK broker account I re-invested the money from the sale of Netflix and EasyJet and bought more Berkshire, ETF-All World, Burberry and McDonalds.

The value of the portfolio is today: 510,439 € and I have 967 € in cash. I have realised gains of 9,653 € and unrealised of 167,111 € (33%) which is not good enough. My ETFs are now up at a value of 76% of my portfolio.

DAX is now up at 16,594 points which means that it has increased by 8.9% since the previous summary and my own portfolio has increased by 9.0% in the same time period.

Conclusion: People seems to have been really, really happy about Christmas coming around this year and the stock markets reflected this. I just barely beat DAX also this month. I must say that it feels strange to take out >10k € and yet have an overall portfolio value increase.

Sunday 7 January 2024

Dividends during November/December


Several dividends have been paid out in the end of the year and I even managed to receive one from a company that I had sold off, namely H&M.

H&M paid out 70.69 €, of which the taxman took -21.21 €, leaving me with 49.48 € as cash.

TJX paid out 19.40 €, taxman took -2.91 € leaving 16.49 € on broker account.

Intel paid out 39.61 €, taxman got -2.31€ leaving me with 27.30 € as cash.

IBM paid out a healthy 38.35 €, taxman took -5.76 €, leaving 32.59 € in cash.

BP paid out 53.03 €.

Scottish paid out 4.98 €.

McDonalds paid out 25.63 € and I must have been lucky there with when I bought them.

HSBC paid out 64.12 €.

ETF - All World paid out 34.38 €.

ETF - EU/UK paid out 63.19 € and finally

ETF - S&P500 paid out 63.14 €.

I've also in early January received Nike 13.43 €, taxman took -2.01 € leaving 11.42 €.

The dividend page has now been updated including including the end of year tally of 5,265 € paid out in total -468 € to taxes.

Stocks bought/sold November/December


Several stocks were bought and sold during this period. The trigger was that I considered the value of Netflix to be excessive and due to that I must now pay taxes in Sweden I decided to balance the gain by getting rid of some loss shares. I keep investing in my UK stock portfolio and any money in my German stock portfolio I directly take out in this case I took out >10k € from my German stock portfolio.

Sold shares

Netflix, 30 shares sold for 12,833.26 € with a gain of 6,938.77 € or 109%.

EasyJet, 947 shares sold for 4,560.53 € with a loss of -2,670.51 € or -38%.

Skanska, 250 shares sold for 3,743.12 € with a loss of -628.86 € or -14%. During the holding period an additional 717 € was paid out in dividends.

BASF, 140 shares sold for 6,073.38 € with a loss of -770.57 € or -12%. During the holding period an additional 2,716 € was paid out in dividends.

H&M, 250 shares sold for 3,856.83 € with a loss of -1,092.01 € or -22%. During the holding period an additional 1,605 € was paid out in dividends.

My current holding period of stocks is 45 months.

Bought shares

McDonalds, 20 shares bought for 5,082.50 €. I should never have sold them when I previously did. I bought them as a realty company and then in the pandemic I sold them as a fast food company. Stupid!

Berkshire, 20 more shares bought for 6,647.54 €. This means that I currently hold 45 shares for 11,399 €.

Burberry, 170 shares bought for 3,246.04 €.

ETF-All World, 35 shares bought for 3,653.23 €. This means that I currently hold 93 shares for 9,223 €.