What. A. Month. This was my best month yet. Both cryptocurrencies and the stock market did very well. If every month would be like this I would retire by age 26! Let’s dive into my portfolio update for November 2020.
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.
Apparently, the stock market doesn’t care about this second lock-down. I think my stock/ETF-portfolio went up around 10% this month. I haven’t bought any more single stocks. Last time I had some ‘extra money’ with which I decided to try it out. As you can see it wasn’t the worst decision. This month’s money was a little tighter so I couldn’t ‘play’!
Cryptocurrencies went totally nuts. Bitcoin is at/near all-time highs. There was a lot of momentum this month which made me my best monthly gains until now. I have had some crazy days where my portfolio swung €1000-€2000 in one day. Both up and down.
I removed the P2P lending part from my portfolio since it is -as good as- all cashed out now.
My monthly cash-flow is still the same this month. I only managed to save €1700 instead of €1800. I had a dentist bill of €170 which caused this! This month I decided to save more cash and invest less in the stock market. I am currently looking at possible real estate investments with 2 friends/partners for which I’ll need a little more cash.
- Cash: Saved €1300
- Stocks: Invested €300 – €1425.00 appreciation (!)
- Crypto: Invested €100 – €4075.06 appreciation (!!!)
Last month I was speculating about reaching €50.000 net worth in 2020. I said that I would need quite a lot of upwards momentum in my investments. Here we are, one month later and the goal is crushed! Keep in mind that I could very well be below €50.000 again before the end of 2020 but I’ve officially seen the number now which was beyond my expectations!
My portfolio appreciated around €5.000 which is just sick. This is a lot of money and I can almost not comprehend what happened. Let’s see what next month will bring. I don’t think it can be better than November!
This was it again for my portfolio update of November 2020. I hope your month was as good as mine was. If you want to tell me about it, please do in the comments below. I always like talking about investing or money in general!