Tuesday, August 7, 2018

Summary of July 2018


Summary of July 2018

It has been a warm, warm summer. It makes me appreciate that I do not live in warmer countries because it is truly a nightmare that drives down productivity to non existing levels unless the Air Cons are continuously on. Happily they are for the benefit of my power companies and I expect to see surprisingly good results from them this summer.

As you have recently seen I am preparing myself for the upcoming divorce. Cash has to be liberated as preparation for the divorce even though I doubt it will have finished before July 2019. The enforced separation period as well as divorce will pretty much last as long as the marriage did. Well done legal system for keeping up with society in general. A lesson has been learnt that I will take with me for the rest of my life. In the next 6M there will most likely not be made any further investments to build up additional cash.

Work is going very well as always lately and the next month will be filled with excitement. Things like this makes tedious to look for new jobs and even more so to actually take one. Work:Life balance is however very bad since a long time.

For the previous summary please visit Summary of June 2018 and here you can see my stock portfolio as it is.

Invested vs Current July 2018

The total invested value is now up at: 104,308 €. No further investments were made.

Investments during July 2018

The value of the portfolio is today: 109,178 € and spread out I now have around 854 € in cash on the different accounts. I have a realised gain of 4,275 € and the unrealised gain is now at: 4870 € (4.5%) which is not good at all.

Me vs DAX July 2018

DAX is now up at 12,616 point which means it has increased by 2.2% while my own portfolio managed to increase with only 1.0% in the same period.

Conclusion: DAX did much better than me during the month of July. I look forward to a boring, boring period in my life when I will not be able to invest any money for a long period of time. But, hopefully, I will not need to decrease my holdings any further but will manage to deal with any upcoming costs from savings. This marriage lasted a little over 2 years and will, investment wise, set me back for well over 3 years.

Monday, August 6, 2018

Dividends from Nike, ABF, ETF Oil: July 2018


Logo of Nike 2018


For my 40 shares in Nike I received a total of 6.83 € in dividends. From this was taken 1.02 € in taxes and I was left with 5.81 € as cash on my broker account.

To find out more about Nike then please click here.

Logo of ABF 2018

For my 100 shares in ABF I received a total of 13.19 € in dividends. From this I received 13.19 € as cash on my broker account.

To find out more about ABF then please click here.

Logo of BlackRock 2018

For my 185 parts in ETF Oil (owned by BlackRock) I received a total of 51.11 € in dividends which was paid out directly to my broker account.

To find out more about ETF Oil then please click here.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated.

Sunday, August 5, 2018

Stocks sold July 2018: ABF, Hugo Boss, Fast Retailing, CEZ, Fugro, ETF Austria, ETF Portugal

Due to the upcoming divorce I have decided to clean up my portfolio and to liberate cash. On top of this I will most likely not make any further investments for the coming half year to build up additional cash to pay for legal costs as well as to be able to transfer money to my soon to be ex-wife. The process cannot be started up until in November-January 2019 and the process will most likely take six months. So besides from building up the necessary cash to make sure that nothing further will be required it is better for me to spend money and to live a life of extravagance. It will be very difficult to convert my mindset but then again I should start dating again and that is never cheap.

I have also started to think seriously about marriage. In the past there were tax benefits, there was a protection for the housewife and the children but today in most countries these "benefits" neither exists nor are they needed. Both husband and wife are educated and earn their own living, children are protected by the society in general as well as other regulations so why should one then get married?

I will never marry again. If my, hopefully, future partner want to receive some form of security then that will be dealt with by writing a last will and testament. Both will of course write these and they can be signed in the presence of witnesses and afterwards one can have a "wedding-like" party. If the relationship will not work out then these documents can be ripped apart and in the meantime you and your partner can have a similar protection as if you were married. This is my idea to circumvent the old fashioned regulatory system that exists in most countries in the world today. Am I wrong?

Logo of ABF 2018

Sold due to upcoming divorce as well as had being bought in a very annoying broker account that I tried out and was not very happy with.

I sold 77 shares (I still own 100 shares) that I bought for 2144.30 € and after fees I ended up with 2148.20 € on my broker account that was swiftly closed down after this sale.

This investment was made back in October 2016 which means that my holding period was 23 months and I made a 0.2% profit on this and no dividends has been accounted here.

To follow the journey of ABF please click here.

Logo of Hugo Boss 2018

Sold due to divorce but also since they had pretty much reached the 30% profit target that I wanted them to reach on top of things.

I sold all my 35 shares that I had bought for 2136.00 € and after fees I ended up with 2701.29 € on my broker account.

The initial investment was made in January 2017 which means that my holding period was only 19 months and in this period I made a profit of 26.5% as well as receiving almost 185 € in dividends.

To follow the journey of Hugo Boss then please click here.

Logo of Fast Retailing 2018

Sold mainly due to divorce. I also felt that I had too much in retail and could do with decreasing that quantity slightly.

I sold my 6 shares that I had bought for 2140.00 € and after fees I ended up with 2180.95 € on my broker account.

The initial investment was made in October 2015 which means that my holding period was 34 months and in this period I made a profit of 1.9% and had only received dividends in the size of 43.07 €.

To follow the journey of Fast Retailing then please click here.

Logo of CEZ 2018

Sold due to divorce. I had previously stated that I was not happy with the behaviour of the managers in CEZ especially all the dealings that took place around buying out the coal power plants and coal mines in Germany from Vattenfall. I then said that as soon as the share price had recovered slightly then I would directly sell them off. Many of the power supplying companies have recovered so it was time to get rid of it.

I sold my 100 shares that I had bought for 2142.00 € and after fees I received 2229.10 € as cash on my broker account.

The initial investment was made in April 2014 which means that I had a 52 months holding period of this company. During this period I made a profit of 4.1% and I was additionally paid out 559 € in dividends which is not so bad.

To follow the journey of CEZ then please click here.

Logo of Fugro 2018

Sold due to divorce. Probably the wrong moment to sell this company but I am not impressed with how few orders they managed to bring in considering that the oil price have been higher now for well over a year. So it felt good to clean it out of the portfolio.

I sold my 120 shares that I had bought for 2166.00 € and after fees I received 1392.70 € out as cash on my broker account.

The investment was made back in September 2014 which gives me a holding period of 47 months and during this period I have made a loss of 36% and I have received no dividends.

To follow the journey of Fugro then please click here.

Logo of DB 2018

Sold due to divorce. The Austrian index (ETF Austria held by DB) had increased by around 40% and have remained there for a while. It was time to leave this investment.

I sold my 80 parts that I had bought for 3083.00 € and after fees I received 4356.12 € put as cash on my broker account.

The investment was made in March 2015 and I therefore have a holding period of 41 months. During this period I have made a profit of 43.1% and on top of that I have received 215 € in dividends.

To follow the journey of ETF Austria then please click here.

Logo of Commerzbank 2018

Sold due to divorce. The Portugal index (ETF Portugal held by Commerzbank) have not increased enough but I needed a bit more money and for this reason I decreased my holding slightly.

I sold 380 parts that I had bought for 2264.80 € and after fees I received 2485.04 € out as cash on my broker account.

The investment was initially made back in March 2016 and I therefore have a holding period of 29 months. During this period I have had a profit of 9.7% and I have received no dividends.

To follow the journey of ETF Portugal then please click here.

My average holding period for sold shares are now at: 35 months, almost 3 years.

Any changes will be brought into the stock portfolio upon the next update in the very end of the month.

Saturday, July 7, 2018

Stock bought July 2018: ETF Greece


Logo of Global X 2018

As has been previously mentioned I am not able to make the full investment due to all the monthly costs that have arrived during June/July and fingers crossed that I will be able to do it next month! The ETF Greece have gone down a little bit further but then again so has pretty much everything in Europe.

I increased my position with 170 more parts at a total cost of 1,347.70 € which includes a fee of 12.91 €. I now have a total of 450 parts at a total cost of 3,662 €. I now own ETFs to a total cost of 29,883 €.

To take a look at my current Stock Portfolio then please click on the link. The portfolio will however not be fully updated until the end of the month.

Wednesday, July 4, 2018

Summary of June 2018


Summary of June 2018

I am currently sitting in a country that I never again wanted to live in, in a large house in the middle of nowhere and I had to leave my company in Berlin, my baby, all because I was kind towards my wife and she could no longer stand being in a large city. She is now working in one of the major cities in Germany, apparently that is now ok again, and she wants to have a divorce. Oh, she is at least close to her family and friends while I have neither here in the UK. No prenup was made so shame on me.

Work wise everything is fine. My boss have now started to prepare me for taking over his role in the company. Currently that extra work load is wearing me down slightly but I can still manage. My teams have three projects that are crucial to the company and two are progressing above expectations as well as ahead of schedule.

This was the final month of heavy costs so after this one I expect to be able to save around 2k GBP again. Am I then saving for my "wife" to get more money out of me from the divorce?

For the previous summary please visit Summary of May 2018 and here you can see my stock portfolio as it is.

Invested vs current during June 2018


The total invested value is now up at: 119,081 €. During the month I decided to buy some ETF Greece as well as DBAG from dividends. Unfortunately the ETF Greece investments was only a half investment.

Current investments in June 2018

The value of the portfolio is today: 123,470 € and spread out I now have around 2,303 € in cash on the different accounts. I have a realised gain of 2,857 € and the unrealised gain is now at: 4,389 € (4%) which is not good at all.

Me vs DAX during June 2018

DAX is now up at 12,349 point which means it has only decreased by -3.0% while my own portfolio managed to decrease with only -2.3% in the same period.

Conclusion: I did mildly better than DAX this month. As we all know that is nothing to jump up and done for out of joy because, simply put, so many of my investments are poor performers. The world is still not at peace so there is see no light in the end of the tunnel and if anything things are getting harder.