The portfolio changes:
↑ Accumulated additional 3,500
USD as part of my annual savings goal.
↑ Gazprom (GAZ:FRA) is up by 600 USD
↑ Vanguard VDE is up by 1,900 USD
↑Vanguard VOO is up by 500 USD
↑Company shares are up by 470 USD
Grand total
additions: 6,970 USD
↓ Rosneft lost 520 USD
Grand total
losses are: 520 USD
Movements:
Bought: Additional 16,400 Gazprom shares (GAZ:FRA) at
$7.81 a share.
Sold: my
emerging mutual funds hold in the local currency. It has been a total debacle –
investing $30,000 in 2008 and selling in 2013 for $20,000.
Observations:
#1 I did thing that I personally thought I
would never do – spent my emergency fund.
An opportunity presented itself – Gazprom (GAZ:FRA) and I was greedy. I went and bought some more shares – 16400 to
be precise at 7.81 USD per share.
I used proceeds from the emerging market
mutual funds (20,000 USD), money left for investment 29,500 USD and emergency
fund 78,500 USD. It will take me next 22 months to re-build my emergency fund.
Average
price I paid for Gazprom shares:
Date
|
Price per share, USD
|
# of shares
|
Total Price, USD
|
April 2013
|
9.27
|
3,000
|
27,810
|
May 2013
#1
|
7.48
|
1,600
|
12,000
|
May 2013
#2
|
7.81
|
16,400
|
128,000
|
21,000
|
167,810
|
Average
price per share paid in 2013: 8.00 USD,
current price 7.67 USD
At the
moment I have no regrets, as only this year dividends are 4.6% at the price I
paid for my shares.
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