Dividends in March 2023

 

All the oil companies have made massive profits lately. From this BP decided to pay out 50.31 € which I directly received as cash on my broker account.

IBM paid out 38.77 €, from this the taxman took 5.82 €, leaving me with 32.95 € as cash on my broker account.

DBAG paid out a very small dividend this year in the size of 124 €, the German tax man took 32.70 € which left me with 91.30 € in cash.

The US retail chain TJX paid out 17.68 € and from this 2.65 € was taken in taxes leaving me with 15.03 € in cash.

Intel, whose share price have tanked in the last couple of months paid out 119.59 €, and 6.89 € went to the taxman, leaving me with 112.70 € in cash. It looks strange, I know, I don't see the taxes removed in my UK broker account and I currently own intel shares on both my UK and German account.

And finally my ETF EU held in the UK paid out a dividend of 78.39 € that I get straight out as cash.

Summary of February 2023

 

Summary of February 2023

War madness is still ongoing! Inflation is still high! UK have import issues with fresh vegetables and fruits and more gets stopped and demanded custom payments on. Got things stuck myself which I simply will not pickup due to the custom payment is 188% of the value of my purchase. UKs true hardship is starting so yes, it is time to leave.

My company gave a "pay-rise" of 5% meaning effectively a 6% salary reduction. A 20% bonus was however paid out so I got a lot of cash sitting at the moment that is not on my broker accounts due to that I can't add more to my stock ISA until mid April and the GBP/EUR has dropped down to 1.13 again so I don't want to move money to my German broker account.

I'm trying to make a final push in the company and the projects that we have running. I have an email draft ready with a signed letter of my resignation that should be going out on the 28 February unless something dramatic happens. I've reduced my monthly contribution to the very lucrative pension scheme to get more cash out which is what I need for the future and not more money stuck in the UK company pension scheme (goes under ETF Mix). Time to say goodbye.

For the previous summary please visit Summary of December 2022 and here you can see my stock portfolio as it is.

The total invested value is now at: 336,305 €. Monthly investments made in ETF Mix with fresh cash and this contribution has also been reduced to reflect my future endavours.

The value of the portfolio is today: 467,594 € and I have 1,402 € in cash on my broker accounts. I have realised gains of 6,471 € and unrealised of 131,289 € (28%) which is not good enough. My ETFs are now up at a value of 70% of my portfolio.

DAX is now up to 15,210 points which means that it has increased by 1.2% since the previous summary and my own portfolio has increased by 1.8% in the same time period.

Conclusion: DAX has really been going well and have in the last couple of months performed much stronger than my portfolio. I did however barely beat it this month, so nothing to be proud of. Letter not yet handed in but everything is prepared for it to happen on the 28 February.

Dividends in Jan/Feb 2023

Very few dividends have dropped in this early in the year however two of my holdings have delivered.

ABF paid out 67.01 € of which I got to keep all of it as cash on my broker account.

Nike paid out 12.68 €, the taxman withheld 1.90 € and I received 10.78 € as cash on my broker account.

Summary of December 2022 and partially January 2023

 

Summary of December 2022 and partially January 2023

It will take a while before I stop this however war is still ongoing! The yearly inflation for many countries were in the double digits region. House prices are somewhat dropping, people try to avoid large energy bills. The pound sterling that looked good for a little while have now dropped down to the area it has been since pretty much BREXIT took place. Governmental employees keep going out on strikes and in generally few wants to come into the office to work.

I had a lovely Christmas market event in Berlin even though fewer than usual managed to turn up. Next year I hope it will improve! I had two wonderful weeks in Sweden and of course I took on the role of Santa Claus. My youngest nephew was slightly worried and had to hold the hand of his daddy (my brother) to approach me. I run a strict scheme and everyone must shake my hand before I let go of the gift. I celebrated New Years Eve with a couple of my buddies with lovely food and games.

Plenty of things on the agenda in the company this year. I've started to push as much as I can because I will not walk away with an abundance of lose threads and just leave the employees hanging. I hope I will succeed with all the targets that I've put on myself in the months that I have left.

For the previous summary please visit Summary of November 2022 and here you can see my stock portfolio as it is.

The total invested value is now at: 332,180 €. Monthly investments made in ETF Mix with fresh cash and then I sold Restaurant brands, Yum, Stock Y, McDonalds, RWE, VW, DB, CZB, K+S and instead I bought Barratt, Barclays, Lloyds, HSBC, Scottish Mortgage, Intel and ETF SWE.

The value of the portfolio is today: 455,859 € and I have 1,402 € in cash on my broker accounts. I have realised gains of 6,471 € and unrealised of 123,679 € (27%) which is not good enough. My ETFs are now up at a value of 69% of my portfolio.

DAX is now up to 15,034 points which means that it has increased by 3.5% since the previous summary and my own portfolio has only increased by 2.3% in the same time period.

Conclusion: DAX had another good month and overall the year for DAX did not turn out that bad. I took some advantage of currency differences during the month but less so than what I would have liked. There will be no report for the end of January and the next one will not be until the end of February when I have hopefully handed in my letter of resignation.

The stock portfolio development during 2022

 

What a horrendously bad year for the growth of my stock portfolio in 2022! My stock portfolio increased in value by 84.3k € of which 74.8k € was in savings and a measly 9.5k € came from value increase. Bad, bad, bad! The market crash have had an impact for sure.

In the previous report the stock portfolio development 2021 I spoke about that I had readjusted my target from the original 750k € to 425k €, so that I could buy a renovations object, in ideally the south of France. I want to live close to the beach and I want to be able to go skiing during winter so more places have appeared on the radar as of late and more money is needed to buy the places. I've reached the target (~450k €) and I'm very close to handing in my letter of resignation but in the last weeks they've been pushing that they will increase the age of when one is legally allowed to take out from the private pension scheme from 55 to 57 years of age. This is to follow the 2 year increase in the UK from 65 to 67 years for retirement. Very annoying... So I need to fund a further two years and yes, currently house prices are dropping but not as heavily as I would have liked to see so I can't fund the two years by putting less into the renovation object.

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.

The year was kept on the down and low due to the poor performance of the stock portfolio. Savings were kept up at an extremely high value. It is insane to be able to save almost 75k € per year in the last two years.

Conclusion: 2022 did not become the best year ever. The massive saving ability once again helped my out substantially but the stock portfolio did not perform well at all. At least it did not drop down so I should potentially be pleased about that but I am not.