↑ Accumulated $4,000 USD as part of my annual saving goal for March
↑ Vanguard S&P500 is up $1,271
↑ Vanguard Emerging markets is up $ 504
↑ Received Q1 dividends Vanguard S&P500 $176 (after taxes)
↑ Received Q1 dividends Vanguard Emerging markets $33 (after taxes)
Grand total additions: US$ 5,984
↓ EUR is down to USD, lost $16,716
↓ GBP is down to USD, lost 3,300
↓ Gazprom shares lost $2,520
↓ Company shares lost $523
↓ Precious metals lost $776
Grand total losses: US$ 23,835
- Great Britain and European Union continue rapid depreciation of their currencies - GBP lost almost 5% last month and EUR almost 8%. Year to year decline is 11% for GBP and 24% for EUR. Official reason uncertainty with so-called PIGS (Portugal, Italy, Greece and Spain) but reality is that it makes English and European goods more competitive and more attractive as tourism destination. We will not discuss high unemployment and raise of crime, associated with such policies here.
- Dividends for Emerging markets 0.8% a year and 1.7% for S&P500. This is very very low and by all accounts does not match any bullish sentiment towards the stocks. With strong dollar it will be even more difficult to maintain reasonable payments for multinational companies with headquarters and reporting in the US in USD.
- Assuming that market is stabilized forecast towards end of the year ~ $320 K including any possible dividends, while if you follow the plan it should be around $420K in the money of the day at the very least.