DEGIRO Investment Portfolio 2024 | DEGIRO Stock and ETF Portfolio Update and Review

My Investment Journey with DEGIRO in 2024

As we step into 2024, I've decided to share my journey of managing and growing my DEGIRO investment account. Over just two months, my portfolio has seen a remarkable increase of €800, a testament to the strategic moves I've made amidst the fluctuating market. This update will delve into the stocks I've decided to part ways with and those I've welcomed into my portfolio.

The Challenge of a Rising Market when investing in stocks at DEGIRO

The current investment landscape, particularly the S&P 500 and technology sectors, is noticeably pricier. This situation prompts a more cautious approach from me. I'm not in the game to time the market; however, recognizing the need to secure profits from certain investments has led me to reassess my portfolio. My strategy involves reallocating resources towards undervalued growth stocks or, in their absence, turning to unique companies with solid long-term prospects. Additionally, I find ETFs, especially within the energy sector, to be an intriguing alternative.

About Business Investors

With over a decade of experience in investing and entrepreneurship, I founded Happy Investors, a platform dedicated to sharing insights on outperforming traditional indexes like the S&P 500. Through my YouTube channel, Business Investor, I aim to demystify financial freedom and investment strategies, freely sharing knowledge that I've accumulated over the years.

DEGIRO Portfolio Investing: A 2024 Outlook

The past two months have been fruitful, with my portfolio witnessing a 10% profit increase. This performance is reflective of strategic decisions to sell off certain stocks while exploring new opportunities. As we navigate through this update, I'll highlight key transactions and provide insights into my investment rationale.

Navigating Investments at DEGIRO: Wins and Losses with stocks and ETF

Investing is a journey marked by both successes and failures. My tenure as an investor has been a learning curve, filled with valuable lessons from the missteps along the way. For instance, my current position in PayPal shows a potential loss of €3,000 - a stark reminder that not all investments pan out as expected. Yet, these experiences are integral to refining my investment strategy, aiming for financial freedom and independence.

Strategy and Reflections

My investment philosophy revolves around long-term growth and financial independence. By leveraging my profits, I invest in areas that resonate with me personally, including supporting family and contributing to causes I believe in. This approach underscores the power of investment to transform personal and communal financial landscapes.

Decision Time: Selling and Buying of Stocks

In reviewing my portfolio, I've made decisive moves by selling off stocks that have peaked and reallocating those funds towards more promising or undervalued stocks. This tactic is not just about securing immediate gains but about optimizing my portfolio for sustainable growth.

Sold Stocks: Recognizing the rapid ascent of certain stocks, I've decided to take profits. For instance, I trimmed my position in Celestica after a significant valuation increase, aiming to buy back should the valuation become more attractive.

New Acquisitions: On the flip side, I've expanded my portfolio by investing in stocks and ETFs that align with my long-term growth perspective. This includes venturing into the energy sector with ETFs and eyeing growth companies like Twilio, despite recent dips post-earnings announcements.

The Path Ahead with DEGIRO portfolio investing

As I look to the future, my strategy remains rooted in patience and due diligence. The investment landscape is ever-evolving, and staying informed, adaptable, and strategic is key to navigating these changes. By sharing my journey, I hope to inspire others to embark on their own investment paths, armed with knowledge, resilience, and a clear vision for financial independence.

Conclusion DEGIRO Investing portfolio 

Investing with DEGIRO in 2024 has been a journey of strategic decisions, learning from both successes and setbacks. My portfolio's growth is a testament to the power of informed investing, and I remain committed to sharing these insights with the broader community. As we move forward, the focus remains on identifying opportunities that offer long-term growth potential, contributing to a future where financial freedom and independence are within reach for many.