Special repayments or investing in the market? Alternatives?

I look into the portfolio every day and worry. Don’t you have these feelings at all?

I have a good feeling knowing where my money is invested. I enjoy engaging with the companies whose stocks I add to my portfolio. I simply don’t like to support business models that I consider harmful. I read up on different industries to be able to diversify a bit. Sometimes I buy too expensively – this year too. Besides that, I exchange ideas with other investors and listen to what they think and observe. This year I bought a stock that lost over 40%. So what? Other stocks are doing well, and overall the portfolio works quite well. And when I do look at individual stocks, I enjoy a few long-term holdings in the portfolio like Apple, which I bought about two decades ago at a small single-digit euro price, or the development of Sartorius.

I have one more question regarding understanding / procedure: Since I have invested a large part of my equity in the portfolio, the question arises how quickly I have to make it liquid. Is the portfolio initially considered as equity by a bank with which I want to finance? The process is usually: I am interested in the purchase, the agent / seller wants to see that I can afford the house (the portfolio has not yet been liquidated at this point). By when do I have to liquidate the portfolio? Notary appointment?

Depot is equity.
The dissolution time to secure the current depot value is immediate.
A later dissolution time can go either way.
The depot can contain a wide variety of things.
For a partial dissolution, a risk analysis of the values in the depot is advisable.
Where is there still a dividend to be obtained?
Are there any fixed-term or timed items that are not worth dissolving?
There is no "golden recommendation" for that – and I would also be reluctant to give a recommendation – despite all the playfulness: I am not a professional.

The depot is equity.
The liquidation time to secure the current depot value is immediate.
A later liquidation time can turn out either way.
There can be very different things in the depot.
For a partial liquidation, a risk analysis of the values in the depot is advisable.
Where is there still dividend to be received?
Is there anything term- or time-bound that is not worthwhile to dissolve?
There is no "golden recommendation" - and I would also be reluctant to give a recommendation - despite all the tinkering: I am not a professional.

Thank you for the assessment.

The liquidation time is the crux! I have consciously decided not to leave the equity in the overnight money account, but to invest it (I could find the house tomorrow or in 3 years – who knows).
So I want to have to liquidate it as late as possible...

Thank you for the assessment.

The timing of the liquidation is the crucial point! I have deliberately decided not to leave the equity in the instant access savings account, but to invest it (I could find the house tomorrow or in 3 years - who knows) So I want to have to liquidate it as late as possible...

The problem with your assumption is this:

You assume that the money will grow the longer you have it invested. But this assumption is wrong. No one can guarantee that it will always go up, even if the past years might suggest so.

What will you do if you find your house and at exactly that time your portfolio is worth 20% less? Can you easily cover that?

I do not want and cannot give you a recommendation on when you should exit. However, I would take the advice of many experts and not invest money that you need to have available in the near future...

The problem with your consideration is this:

You assume that money increases the longer you have invested it. But this assumption is wrong. No one can guarantee you that it will always go up, even if the past years seem to suggest so.

What do you do if you find your house and at exactly that time your portfolio is worth 20% less? Can you simply absorb that?

I do not want and cannot give you any recommendation about when you should exit. However, I would heed the advice of many experts and not invest money that will need to be available in the near future...

Thanks also here for the assessment. No, I do not assume that, but the probability that my assets (or) the total value of the portfolio will become negative is very low (it is not a risk-free investment after all). I am "well" diversified so that I can withstand fluctuations. Would you actually park all the equity in the instant access savings account, knowing that it will sit there for years and lose value (inflation and negative interest rates)? Honestly, I can't