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Portfolio update – December 2024

Dear fellow investors, friends, family and future self.

Welcome to my fourth and last portfolio update or the year 2024, I hope you still enjoy them. Now let’s get into things!

On the professional side, things are calmer now and I started again to like what I am doing. I am not holding a management position anymore, but a technical one, but I still enjoy it. No more endless meetings, no more juggling 7 balls in the same time, no more constant sensation that you are not doing enough. I am still looking for a new position, but again, no interview processes yet to reach later or final stages. The search is on going, but I am not rushing in finding something immediately.

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Portfolio update – September 2024

Dear fellow investors, friends, family and future self.

Welcome to my third portfolio update or the year 2024, I hope you still enjoy them. Now let’s get into things!

On the professional side, things are looking not as good as expected: still no good options for a new job, only some initial talks with some companies. The market is quite screwed at the moment, the are a lot of people applying and wanting to change jobs (some unemployed) and the competition is bigger that the previous years. At my current work place I am also transitioning to a new team, let’s see what this change will bring.

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Portfolio update – June 2024

Dear fellow investors, friends, family and future self.

Welcome to my second portfolio update or the year 2024, I hope you still enjoy them. Now let’s get into things!

On the professional side, things are looking not as good as expected: I did not get the raise I’ve expected and I’ve lost some motivation in my job. Also, the position is quite demanding, with a lot of balls to juggle, and I’m getting mentally tired of it. Still testing the market, still no concrete offer, but thing look good, as I am getting leads, even though I have only two years of experience in the manager position.

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Portfolio update – March 2024

Dear fellow investors, friends, family and future self.

Welcome to my first portfolio update or the year 2024, I hope you still enjoy them. Now let’s get into things!

On the professional side, things are looking good: after a reorg in my company, I got to keep my team and my leadership position. We are now in the middle of the anual compensation review process, and I am expecting a considerable raise. I am also testing the market and there are indeed opportunities that pay 30-40% more than my current position, but nothing materialised with an offer so far. The market is not in the best shape at the moment, like it was in 2021, but things start looking better.

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Portfolio update – December 2023

Dear fellow investors, friends, family and future self.

First of all, I am very sorry for skipping the quarterly update, this year I promise I will post them on a regular basis again. Welcome to my first and last portfolio update or the year 2023, I hope you still enjoy them. Now let’s get into things!

On the professional side, things are looking good: I got my leadership position back in the beginning of the year, managed a big team and survived a busy year with no major incidents. I got a 7.5% raise in spring, but still not enough to cover inflation, as the increase in prices started to take a toll on the family budget, especially for the bigger things (like home renovations). I also managed to travel more business related, having four  company trips in the last year.

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What are RSUs and how do they work?

At my current employer, I receive RSUs (restricted stock units) as a form of bonus. I have received a RSU package as a signing bonus and also my annual bonus is paid in RSUs. So, I needed to learn how these assets work.

Investopedia says:

A restricted stock unit (RSU) is an award of stock shares, usually given as a form of employee compensation. The recipient must meet certain conditions before the restricted stock units are transferred to the owner.

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Portfolio update – December 2022

Dear fellow investors, friends, family and future self.

Welcome to my third portfolio update or the year 2022, I hope you enjoy them. I’ve decided to post updates at the end of the quarter, as things are not so interesting every single month. Now let’s get into things!

On the professional side, things are looking okish: my team got dissolved, I’ve moved to a new team where I will have to learn new technologies and frameworks. It’s good in a way that I am exposed to other stuff, but again I will need to go through a learning period. I hope that I will get my former position back, I have strong signals on this path.

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Portfolio update – September 2022

Dear fellow investors, friends, family and future self.

Welcome to my third portfolio update or the year 2022, I hope you enjoy them. I’ve decided to post updates at the end of the quarter, as things are not so interesting every single month. Now let’s get into things!

On the professional side, things are looking better: I got promoted! The company is still reorganizing and finding its path to being profitable again. I am hoping that it will succeed, as I have some RSUs that will get vested soon and I hope in their appreciation in value.

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Portfolio update – June 2022

Dear fellow investors, friends, family and future self.

Welcome to my second portfolio update or the year 2022, I hope you enjoy them. I’ve decided to post updates at the end of the quarter, as things are not so interesting every single month. Now let’s get into things!

On the professional side, things are not looking good. I’ve got a small raise, but my company had to lay off 10% of its workforce, in an effort to “focus on being profitable”, rather that following growth with all costs. Fortunately I was not affected, but some projects got shut down, including one that I worked a lot in April and May. Oh well, we’ll see what future holds for me.

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Portfolio update – March 2022

Dear fellow investors, friends, family and future self.

Happy New Year 2022! Welcome to my first portfolio update or the year 2022, I hope you enjoy them. I’ve decided to post updates at the end of the quarter, as things are not so interesting every single month. Now let’s get into things!

On the professional side, everything is good. I’m settling in the position, getting to know the colleagues and IT systems. I am happy that I work for a global company, with distributed workforce, with no need to come to the office, only when it’s needed. In January I have received my RSUs (reserved stock units), but they will start to get vested starting January 2023, but also this is the time when I will need to pay taxes for them. I will write a separate article about how the RSUs work in my company and how the taxation works in Germany.

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