Presentation mappleluna

[mappleluna]

Hello everyone, to you Jérôme,

 

First of all, congratulations for this space of expression and all the resources that you provide on your site and in your ebook, a big THANK YOU! And then it's also nice to find "local" people with whom I share the same mindset ;0)

Let me introduce myself, I am a 40 year old man, father of a 5 year old girl, I am of French nationality but I have lived in Geneva for 15 years and to get straight to the point my goal is to get out of the rat race and move to the south of France around 2034 once my daughter is flying on her own.

I have a job that provides me with a decent salary and this is supplemented by the salary of my wife who also works at 100%. Overall we have and cultivate tastes and a simple lifestyle which means that we have a small investment potential each month.

I have been interested in this rentier lifestyle for a few months now and my strategy to achieve it is as follows:

• continue my current professional activity (even if I am not made for the world of employment… and having a boss giving me orders… gggrrrr) for as long as I can or as long as it takes in order to ensure a proper start and potential studies for my daughter
• The same goes for my wife who, out of spite, follows the same approach.
• create a short-term active management portfolio based on stocks
• create a long-term annuitant portfolio

I am currently in the phase of building my short term portfolio with

• a big phase of online training on trading
• Moving from a demo account to a real margin account at IBKR
• My aim is to trade CFDs at H1/H4 or D1 while obviously controlling the risks of loss.
• objective: to already improve trading skills and why not build up a salary supplement which will be fully reinvested in the short-term PF

On the long-term portfolio side

• I have been buying stocks for several months based on what I read in the magazine "lerevenu", well yes I had to start with something lol. I need to rebalance this portfolio in my opinion but I might open a post on the forum to get your opinions
• We also acquired a small apartment put on AirBnB for a few months and it is doing very well, well outside of the COVID period hihi

So, in a few words, this is where I am in my thinking and my steps.

The current question I am asking myself in all this is: "what about taxation?" How can this aspect be optimized? On the long-term portfolio, capitalization ETFs rather than distribution to cushion the Geneva tax? What about support for the short-term portfolio? I have heard of Luxembourg life insurance, PEA and other CTOs, I am a bit lost at this level... But I will try to make a post on the subject to obtain your possible enlightenment.

There you go, see you soon!

 

[Jerome]

Welcome to you mappleluna,

always happy to meet other budding rentiers. I see that you have already made considerable progress in your thoughts and certain steps.

Regarding your questions:

– taxation : as I point out in the e-book and on the site, there is no point in getting too hung up on this. You can certainly optimize a little, but it is limited to that, and sooner or later you still have to pay. It is better to focus on investment and see how you can generate the best possible capital gains with the least possible volatility. That is the squaring of the circle. The tax aspects come last. Of course, you can focus on stocks that pay few or no dividends, in order to reduce the impact on IR. But if you have to arbitrate in favor of stocks that have less interesting intrinsic qualities and/or valuation, then you are on the wrong track in any case. In addition, especially in the withdrawal phase, you will have to sell more stocks than if you could count partly on your dividends. This slightly increases the risk of being considered by the tax authorities as a professional trader, so in the end you will also be taxed on capital gains. The tax authorities always get their way...

– short-term portfolio, trading, CFD, life insurance, PEA : these topics are outside my area of expertise and the themes generally covered here, but perhaps other readers will have their say.

Happy confinement!

 

[Pitufo]

Hello and welcome!

I hope you reach your goal 😉

Regarding your long term portfolio.. can you tell us more… which stocks? And why?

Greetings

[mappleluna]

Thank you for your welcome messages and your response Jérôme. I note the tax optimization aspect to consider later, so I will focus on investments at first.

 

@pitufo to put it simply I had been keeping some cash for a few months and I sent a little to mintos (moreover I am trying to get another 12k from them, the risk being too great at the moment, and they are no longer really liquid…) and at the time when we had the crash I bought a bit like during sales (and therefore far from me the concept of dollar cost averaging lol)

Currently I have 50k in my portfolio

• Nestle
• VW
• HYT
• Unibail Rodamco
• AXA
• Crossroads
• Sanofi
• Total
• Nexity
• CHIS
• Bouygues
• MCHI
• Engie
• ALD Automotive
• Korian
• CHIK

So I am mostly in Euro with 1 CHF instrument, another USD and 3 Chinese ETFs (what got into me? I don't know...)

100% shares, 90% EUR –> currently at +2% on the portfolio since its creation

I know this distribution is not great, I will educate myself a little more and open a topic on the forum to discuss it if you want.

Good day !

[Jerome]

Mintos… I didn't know about it. It seems like a ballsy thing.

There are a few stocks in your portfolio that I know quite well, that I followed at the time and even some that I owned.

It's definitely French-oriented in any case 😉

 

[mappleluna]

Yes Mintos, I thought why not. I ran 6 months with them with a (virtual) yield of just over 10%. I say virtual because today I still have over 10k "stuck" there and god only knows what will happen to P2P lending in these troubled times...

Otherwise yes it is clearly Frenchy oriented lol All that was copied from lerevenu.com so…

I am in the process of reorganizing a theoretical long-term portfolio (50% stocks, 20% index ETFs or others, 10% REITs and 20% bonds) by shaking up what I currently have quite a bit. As soon as I have something presentable, I will allow myself to submit it to you for your opinions.

 

Have a nice day!

[Jerome]

This reminds me of a rotten fund I was stuck in for several years. I'll do a post about it soon.

At a glance, the distribution of the portfolio looks pretty good.

 

 

 

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