August started in the deep red until the FED decided to cut interest rates by half a percentage point. After that, the market rallied and the month closed with a plus, +1.42%.
I bought the usual iShares Europe for 3,295 Euro in the month. I could have split that amount on 2 ETFs but did not want to pay the additional transaction fee, despite being quite low with Trade Republic.
The fact that not everything is right in the economy is reflected in the dividends in the month. Despite posting the highest amount ever (1,121 Euro), the growth vs last year dropped signficantly to just 3.9%. You can see what I mean in the graph below when you look at September and compare the purple and blue bars.
Vanguard North America and Investo S&P 500 High Dividends both underperformed the dividends of 2023 in absolute term, while iShares Emerging Market delivered just 8,8% growth (642 Euro) despite growing more in the portfolio since one year ago.
At this point, I dont think I will be able to pass the 6,000 Euro dividends threshold in 2024!
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