Portfolio Update – April 2020

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These markets are crazy.

This month was as good as last month was bad. All major markets have seen stimuli from their respective governments. This could perhaps be the reason why the stock market has bounced back so hard. What we also can not forget is that the stock market usually is ahead of the current economic circumstances. This could mean that investors believe that this economic meltdown will be of a short duration. I have said it time and time again, I’m not here to predict the future. Even more so, I am not able to predict the future. I am here to stick to my investment plan!

I have chosen to completely liquidate my P2P Lending position. More info can be found in this post I wrote earlier today. 

Don’t forget that you can always find an up to date overview of all the ‘numbers’ in my portfolio on the My Portfolio page.

Portfolio overview

In contract to last month, everything is (slightly) in the green. Nothing I will complain about.

Monthly Cash-flow

My cashflow and savings plan changed a little bit. I canceled my gym subscription since €45 each month is a little bit too expensive in my opinion. I have also canceled my P2P Lending investments and made some little changed to the other investing amounts.

Portfolio Allocation

  • cash: I saved a little bit more in cash this month (around €1000)
  • Stocks: Invested €1000  + €566.08 appreciation
  • Crypto: Invested €200 + €2008.29 appreciation
  • P2P: Withdrew €400 + €4.00 appreciation

As you can see, this is probably the best month I’ve had so far. Don’t forget that last month was probably the worst month I’ve ever had. If you think of it that way the price appreciation is not as glamorous! My ETF portfolio is barely in the green. My cryptocurrency portfolio did pretty well this month (mostly the last couple of days). On one hand, this is certainly nothing to complain about, on the other hand, my goal of getting 1 bitcoin gets more difficult!

Overview

After last month’s sharp decline, this month was much better. This does not necessarily mean that we are out of the rough seas. I still see the possibility of a second leg down in the stock market which could take cryptocurrencies with it. Of course, there is nothing we can do and every option is a possibility. Let’s just ride the waves of excitement!

I hope you are all doing well!

 

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