Summary of November 2021 |
November turned out to be a month of worry. I and many with me booked trips and travelled to foreign destinations following all the latest rules and regulations and at the same time there are new variations spreading in the world which means travelling will soon get more restricted again - vaccinated or not. Many are starting to get concerned about Christmas now also and I hope that I will receive a booster jab shortly before going back to Sweden over the Christmas holidays. Future will tell.
I was very fortunate to be able to go to my friends in France this month and I had a wonderful time with them over an extended weekend. In the upcoming weekend I will go to see my friends in Germany and I hope that the travelling + return will be smooth. Will I need PCR or will the lateral flow be sufficient? Nobody knows as of yet.
Work is going well and the projects are progressing fairly smoothly which is always a relief. I've had all the end of year reviews with my employees and most of them are pleased with the year. I doubt there will be much to spend on bonuses and salary increases this year and I certainly hope that I do not receive one!
I filed the tax declaration this month and received some money back from that which will be useful to pay for the Christmas gifts, all the trips I booked, and continued issues with my car. Without that tax return I would probably not have been able to make a new investment from my next salary but now I'm certain that I can.
The big surprise was that my effect tax rate was ~23%. This is too low and it needs to be increased.
For the previous summary please visit Summary of October 2021 and here you can see my stock portfolio as it is.
The value of the portfolio is today: 352,558 € and I have 1,516 € in cash on my broker accounts. I have realised gains of 2,498 € and unrealised of 108,721 € (31%) which is not good enough but it is improving. My ETFs are now up at a value of 61% of my portfolio.
DAX is now up at 15,257 points which means that it has decreased by -2.8% since the previous summary and my own portfolio has decreased by -1.0% in the same time period.
Conclusion: There was another dip in November which caused DAX to retreat a bit while my own portfolio went down slightly less. I will keep saving and keep investing. My German broker account arrived with new prices that I am not at all pleased with so I will have to think about what to do with that because it is truly outrageous and I just cannot take that one on the chin.