Summary of November/December 2023

 

Summary of November/December 2023

War is still going on, which means that food prices will not be coming down any time soon besides from the obvious that people keep dying due to one idiots decision. Winter has hit very hard this year and it is very cold in many locations in the northern Europe. I myself sitting in my summerhouse need to help out the heat exchanger by using the fireplace. Happily I had a lot of left over pieces of wood from my campingvan conversion so that has saved me a trip to the recycle centre, although, not the best for the environment. Heating of a place, no matter if it is my campingvan or the summerhouse is crucial and it is an interesting experience to take stock of. It is also a catch 22 with the the solar panels and winter. when the sky is clear and the sun is shining it is very often cold, however, the LiFePo batteries gets permanently damaged if one charge them when the temperature is below zeros deg C. So, when the solar panels can work, they cannot charge the batteries and when the batteries can be charged the sun is not shining on my panels. Everything should, however, be solved by driving toward the sun!

The consultancy job has continued and I've written invoices to my old company. The project has gone fairly well and we need to get it now to the next level, which I hope we will accomplish now during January with customer trials.

For the previous summary please visit Summary of October/Early November 2023.

The total invested value is now at: 343,328 € which is a drop by ~10k €. Several companies were sold: Netflix, EasyJet, Skanska, BASF and H&M to reduce the taxes that I need to pay from the sale of my Netflix shares. Over 10k € was taken out from my German broker account. In the UK broker account I re-invested the money from the sale of Netflix and EasyJet and bought more Berkshire, ETF-All World, Burberry and McDonalds.

The value of the portfolio is today: 510,439 € and I have 967 € in cash. I have realised gains of 9,653 € and unrealised of 167,111 € (33%) which is not good enough. My ETFs are now up at a value of 76% of my portfolio.

DAX is now up at 16,594 points which means that it has increased by 8.9% since the previous summary and my own portfolio has increased by 9.0% in the same time period.

Conclusion: People seems to have been really, really happy about Christmas coming around this year and the stock markets reflected this. I just barely beat DAX also this month. I must say that it feels strange to take out >10k € and yet have an overall portfolio value increase.