Sunday 8 August 2021

Summary of July 2021


Summary of July 2021

Some minor dividends dropped in so nothing really to brag about. Third year in a row with the same payment from VW as an example.

I have not yet bought any new stocks this month. The cash has been transferred over so I am sitting on it but lately I have become very interested in buying an apartment. There is currently a scandal taking place in the UK due to the unfortunate fire in an apartment building in London that costed many lives. This should never have happened but in true political spirit the politicians overreacted and created regulations that have now locked around 1.2 million people from being able to sell their apartments. It all comes down to document EWS1 and if that is not made by a fully trained person OR there are some corrections that need to be made on the property building then all the banks refuse to give a mortgage... meaning from the point of view of the banks the value of the apartments are zero. There are several downsides... must pay in cash, costs for correction of buildings and time is an unknown. It is however still legal to live there and it is still legal to rent it out... due to Covid-19 the Asian students are still staying away from studying in the UK but they are very cash strong. I see significant opportunities with this but there are of course also massive risks. I also do not like that I must then sell off stocks to make the cash buy. I will also live much, much smaller than what I do now so that is also not great but at least it will be central and I could hopefully enjoy life outside my house a bit more.

Work is going ok but I am tired and I seriously need a break / vacation.

For the previous summary please visit Summary of June 2021 and here you can see my stock portfolio as it is.

The total invested value is now at: 228,488 . Monthly investments were made in the Mixed ETF and nothing else.

The value of the portfolio is today: 333,034 € and I have 4,952 € in cash on my broker accounts. I have realised gains of 2,498 € and unrealised of 104,546 € (31%) which is not good enough but it is improving. My ETFs are now up at a value of 60% of my portfolio.

DAX is now up at 15,761 points which means that it has increased by 0.7% since the previous summary and my own portfolio has increased by 1.0% in the same time period.

Conclusion: DAX had another month with a positive outcome and so did I. Several shares have gone down but not enough to have a significant impact on the overall development. Started to think about buying an apartment but it might be too high risk and put my future plans in jeopardy.

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