Thursday, June 30, 2016

June 2016 update ($351,305 +$2,023 or +1%)

↑ Accumulated $4,000 USD as part of my annual saving goal for June.
↑ Dividends for emerging markets sovereign bonds ETF – 178 USD.
↑ Vanguard emerging markets (VFEM) up by 699 USD
↑ Vanguard S&P500 is up by 167 USD
↑ Company shares are up by  2,359 USD (this is includes reinvested dividends).
↑ Rosneft is up by 233 USD
↑ Emerging markets sovereign bond index up by 660 USD
↑ Emerging markets corporate bond index up by 200 USD
↑ Precious metals are up by 190 USD

Grand total additions:  8,686 $ USD.
↓ Gazprom shares are down by 2,775 USD
↓ GBP is down to USD by 8% or 2,934 USD
↓ iShares Core Dax is down by 955 USD
Grand total losses:  $ 6,664 USD.

Financial Independence - June 2016 update, how to reach financial independence
-         Referendum in the UK to leave EU,  had virtually very little effect on my portfolio (GBP lost to USD 8%). I think it was mainly speculation in the market some people made a lot of money by selling fear to the rest, forcing sales.
-         Oil prices stabilized around 50 USD/bbl and energy companies are slowly adopting to the new reality.  Rosneft continues to diversify from EU to Asia (mainly China).
-         Investment in emerging market sovereign and corporate bonds continues to be stable, generating 550 USD for the first six months of this year (sovereign bond index) – healthy 5% on annual basis (as an example US government bond is below 1%, German  is either negative or below 1% on 30 year old bonds).
-         I have two months to go, before investment for this year will generally dry up, if market will be stable, including Gazprom dividends my portfolio should be around $ 365 K by the end of the year.  I would be reasonably please with the results.

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