Category: Investing

Building my investment portfolio: a first look

This is the first video in a series I plan to do on my investing journey. I will try and do regular updates as the portfolio progresses.

Currently, I have 5000 EURO invested in Gold, Silver, Cryptocurrencies and dividend stocks. My goal is to grow this to 20.000 EURO this year. This growth will come mainly from me putting in my own money into the portfolio, but hopefully, capital gains and dividends that I reinvest will help me get there.

Finding the right stocks to invest in

For a long time, I have been hesitant to invest in the stock market myself. The main reason I told myself is that I am already heavily invested in the stock markets via my pension plans.

The thing is I have no control over my pension plans. I just have to hope the money I put in is managed well and then hopefully when I am 70 years old I might retire.

Wait a minute … 70!? Yes, 70, or maybe even later. Governments keep changing the rules concerning retirements.

That is why I have decided to build up a stock portfolio outside of the tax benefited pension plans. I want to build a portfolio of shares in good companies that will pay me dividends. This portfolio should, once it has grown enough, generate an income through dividends alone that will cover most of my expenses.

To achieve this we need to buy dividend-paying stocks at cheap prices. In this post, I will tell/show you how I go about this.

I have been researching strategies to invest money for my retirement in a smart way, that does not take a lot of time and does not keep me up at night. After many, maybe hundreds of hours I finally came up with a very simple strategy. In this video I show you what my back tests are showing. I am working on an e-book in which I will explain in detail how the strategy can work for you and how I use it to build up wealth of my own. Let me know in a comment if you are interested in the e-book. It will motivate me to get it out sooner rather than later.