[Lopazz]

Clear !

The next 20,000 EUR are already in the account, I am waiting for a contraction of the EUR/USD to make the change and reinvest.

[Lopazz]

4.11 % of latent capital gain to date, on EUR 40,000 invested.

This represents an annualized return of 73.9 %

[Lopazz]

Some news:

+2.35% of latent PV in EUR for the moment (+28.30 EUR of MCD dividend distributed),

… or an annualized performance of 40% to date (lol)

[Lopazz]

Excellent!! I am also thinking of buying some "vice" stocks to fill my portfolio and give it meaning. At one time, I even wanted to open a securities account dedicated solely to vice, just to make my broker laugh. We are on the same wavelength!

[Lopazz]

Welcome !

[Lopazz]

Nice wallet! Lots of discoveries for me, you give me something to read

Jerome, get to work analyzing all this

[Lopazz]

And yes, it's a shame that I'm arriving a little late on the market, not only because of the "high" valuations, but also because of the less favorable EUR/USD parity at the moment.

The good news is that as I am doing it gradually, I am "smoothing out" my purchase price: as said above, I intend to invest a total of 100,000 EUR by the end of the year (60,000 left to invest), for a total of 500,000 EUR by the end of 2015.

Stocks to watch: JNJ, PG, K, CVX, PEP, in addition to the rest of the stocks in my portfolio.

[Lopazz]

Good morning,

Exchange transaction of 20,000 EUR to USD today, and some purchases:

57 MCD at 88.71 $
70 CLX at 71.77 $
175 LOW at 28.288 $
55 KO at 75.27 $
46 WMT at 68.21 $
105 HRL at 30.01 $

… all without paying brokerage fees, thanks to the promotion at Binck.

I wanted to join PG but with the announcement made today (increase in turnover between 2 and 4%, increase in profit between 5 and 9%) and given the already high Pay-out ratio (65%), I prefer to stay away for the moment.

[Lopazz]

Nice selection; why not create a topic "birdienumnumnum's Portfolio"?

[Lopazz]

Thanks for this interesting info!

[Lopazz]

Clarification: I am a French tax resident.

On French dividends, your choice:

– either a flat-rate withholding tax of 21% (PFL option),
– either the classic income tax scale (IR option): (in tranches, according to income, maximum 41%, + possibly 3% of “exceptional contribution” to the crisis if you earn more than 250,000 EUR annually per share in your tax household), with a deduction of 40% to avoid double taxation with the corporate tax already paid by the company paying the dividend, and a deduction of 1,525 EUR for a single person (3,050 EUR for a couple),
– in both cases, the General Social Contribution on the entire dividend, currently at 13.5% and which increases to 15% at the start of the school year (deductible if “IR” option).

In the case of high incomes, it is better to submit to the flat-rate withholding tax. On the other hand, our new president is talking about eliminating the PFL option, precisely because it is profitable for high incomes, and reducing (or even eliminating) the 40% deduction; I will not comment on this subject.

In short, a gas factory, detailed here: http://www.netpme.fr/fiscalite-entreprise/1222-distributions-dividendes-fiscalite.html

For foreign dividends, there is a tax deducted at source, which varies depending on the country, and is offset (sometimes fully, sometimes partially) by a tax credit, if the country in question has signed a tax treaty with France.

Example :

The USA withholds 15% at source from foreign taxpayers, fully offset by an equivalent tax credit (18% on the net = 15% on the gross).

Switzerland does not go into detail and collects 35% from foreign taxpayers, partially offset by a net tax credit of 18%.

If you add income tax and CSG, unfortunately there isn't much left...

[Lopazz]

THANKS

Otherwise, I have always been in the habit of buying shares on their original market... so I admit that I have not yet studied this possibility, I will do so when I have a little time (study of parallelism and liquidity)!

I'm also going to study Siemens, it's German and it looks tough to me!

[Lopazz]

I am entering in tranches of 20,000 EUR, I plan to invest 100,000 EUR by the end of the year, and 500,000 EUR by the end of 2015. This programmed investment strategy will allow me to benefit from a possible decline in the EUR/USD (a theory in which I do not believe at all).

I did not make my choice based on the deadlines (I do not need the income generated at the moment) but based on the same criteria as you, and my personal convictions.

Next purchases: 20,000 $ split into 4 x 5,000 $ on MCD, LOW, PG, and CLX. I'm also monitoring WMT, PM, CVX, JNJ, and a few others.

In France, I will study SAN, DG, RAL, BN.

In Europe I will also study BMW, AZN, GSK.

Given the taxation of dividends, I am forced to stay away from the Swiss market...

Rather a fan of accumulation (Buffett's investment principle), I do not want to diversify too much, the 500,000 EUR will be spread over 15 lines at most.

[Lopazz]

Today 05/29/2012:

Buy 133 KO at 75.64 $
Purchase 55 MCD at 91.60 $
Purchase 100 CL at 99.07 $

[Lopazz]

By the way Jérôme, how do you integrate company news into your selection process? Sometimes, bad news can be a deterrent...

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