The 100K Portfolio Goal in the end of 2023
The 100K Portfolio Goal in the end of 2023
Everything is priced in DKK and not USD unless otherwise stated. 100K DKK is around $14.151 USD.
So this week I bought a few more stocks in a company I already have a few stocks in because their price fell (more on that later) and I kinda just randomly came up with this idea of me having 100K invested in this portfolio at the end of 2023 which isn't that far away.
The main goal would be to be closer to "FIRE (Financial Independence Retire Early)" or any of the other "FIRES".
More on FIRE here
I got some money extra back from the other company I worked for, so I plan on investing that aswell into another "New" company which I don't have in my portfolio yet just to expand a bit more.
My Portfolio
My portfolio is "only" standing at 17K DKK ($2.405 usd) as we speak. So there is quite a long way before I hit 100K.
I need 83K DKK more and there is 17 months left (counting from 1/7)
83000/17 = 4882 DKK
I need to add 4882 DKK more every single month. There is no way I will be able to do this, but I hope that I will be able to add more and more every month + every extra money I get or come into I will lumpsum it into Stocks to reach that Goal faster + the dividends from the stocks, which is will hopefully get to 1K DKK by the end of this year.
Also, keep in mind that everything is down right now as we know, so the more I can buy now on discount, the more value it will have at the end. Also focusing on value is "harder" than focus on the dividend gained, but I have no calculated the average amount of dividends I get and I have neither made a spreadsheet to see how it will go.
The stocks I currently have
| Stock Name | Price | Shares |
|---|---|---|
| - | - | - |
| Danske Bank A/S | 105,45 DKK | 15 |
| ISS A/S | 113,20 DKK | 5 |
| Nordnet AB | 129,55 SEK | 5 |
| SAS AB | 0,4526 DKK | 590 |
| Sparindex INDEX DJSI WORLD KL | 170,05 DKK | 19 |
| Sparindex INDEX Emerging Markets KL | 124,85 DKK | 13 |
| TopDanmark A/S | 349,00 DKK | 1 |
| Vestas Wind System A/S | 168,14 DKK | 9 |
| iShare Global Clean Energy UCITS ETF | 10,398 EUR | 22 |
| Ørestad A/S | 704,90 DKK | 1 |
This is my current spread. 1 SEK = 0,69 DKK 1 EUR = 7,44 DKK
A few points.
I am heavily down on SAS A/S, they dropped 60% in one day and is currently down 64%. The Danish and the Swedish government owned 22% stake in that company, but Swedish do not want to put any more money into that company since it have a major debt problem. Their current outstanding debt is 495.512.045,00 USD. Which is insane and the CEO still gets 13 millions DKK a year xD
The insane part is that, since I bought a lot during COVID, my overall portfolio is only down -0.97% which is like 20 USD or so xD
What I buy / bought
Yesterday I add 3 more shares of Vestas Wind System A/S since they are down 23% so that balance out my Average Cost Pr Share.
The next company I will be buying is my first Real Estate company Jeudan A/S its even up like a shit ton, but I feel like its a stable company and I don't care that much about price or value when I think 10 to 20 years into the future. I do want to add as much as I can now since I am already 30, so I have a chance to hit them millions later in life :p
