The portfolio changes:
↑ Accumulate additional $3,500 as part of my annual savings plan ($42,000 a year or $3,500 a month)
↑ Annual bonus added towards financial independence investment - $10,000
↑ EUR is up towards USD – 1,581 USD
Grand total additions: $15,081 USD
↓ Vanguard Energy ETF stocks are down $1,300
↓ Gazprom and Company shares are down $4,490 combined
↓ Emerging market mutual funds are down $1,980
↓ Precious metals down $970
↓ RUB and GBP are down to USD, causing loss combined 1,871 USD
Grand total losses are $10,611 USD
I did some shopping by buying:
- 200 Vanguard S&P 500 ETF (VOO) shares at total price of $14,300
- 2,000 Rosneft (OJS1:FRA) shares, following my Energy stock analysis at total price of $13,900
- 1,600 Gazprom (GAZ:FRA) shares. The company is at its lowest price in a while. Dividends are expect to be 4-5% and the long term growth prospect.
- Gazprom stock is being heavily speculated on. Couple of years ago the company would worth 3 times more. Fundamentally it hasn’t changed – strong resource base and good dividends. Good thing about it – being a state controlled it is not moved by dividend growth seekers. Many companies start compromising their investment strategies, paying the dividends instead. This would affect so called total shareholder return (dividends + difference is share price in a given period). Gazprom continues heavily invest in future growth, only next year alone proposed investment programme is over $44bn.
- While keeping my nest egg in different currencies has its advantages – keeping it balanced, downside of it keeps losing money right now, as USD is relatively strong.
- I invested in Vanguard S&P at the market peak, while many a waiting for a correction (~10%). The reason and missing the bull was entirely personal and done for sanity of mind. No regrets there.
- Still over 43% of my nest egg is in cash. I will aim to reduce it to 25% by end of the year.