↑Vanguard S&P500 ETF went up by 4% or
$2,226 for my portfolio.
↑ Gazprom shares went up by 7% or $8,586 for
my portfolio.
↑ Company shares went up by 10% or $2,277.
↑ Rosneft shares went up by 22% or $2,449
for my portfolio.
↑ iShares core DAX wen up 7% or $1,442.
↑ iShares Emerging markets sovereign debt
ETF (IEMB ) is marginally up by $80
↑ Dividends Emerging markets sovereign bond
(IEMB ) – $86 or 5% annually.
Grand
total additions: $16,986
↓ Vanguard Emerging markets ETF is slightly
down by 1% or $127.
↓ Emerging markets corporate bond ETF (EMCR)
lost 1 or $440
↓ Precious metals are down by 8% or $792
↓ EUR lost to USD 1%, for my portfolio it is $2,441
↓GBP lost to USD 2%, for my portfolio it is $715.
Grand total losses: $ 4,515
Observations:
-
With
the wind change in the US the stock markets continue to grow in anticipation of pro-business
and pragmatic leader in the oval office coming in power in January next year. For my portfolio it means that EU block currencies (EUR &
GBP) are falling behind, with most of the loses are ($3,156) due to EUR and GBP
fall to USD.
I think that the
USA economy will accelerate further in light of the proposed stimulus (infrastructure upgrades) and pro-business government (including anticipated tax cuts).
-
People
are also pulling out from precious metals on expectations of USA federal
interest rate raise. Strong dollar affects Emerging markets and EU, as dividends
expected to be lower when converted to hard currency. However, if pragmatic relations will prevail between US and the rest of the world, than the emerging markets will prosper as well.
-
Even
without end of the year dividends I have reached my annual goal of $8,000 a
year. This is not a lot by any stretch of imagination and represents about 2%
return (after taxes) on my portfolio – dividends only.
No comments:
Post a Comment