Summary of February/March 2024

 

Summary of February/March 2024

After an "election" in Russia surprisingly Putin won with 88% of the votes and the war continues in Ukraine. I. for one, hope that EU will push through with using the frozen Russian assets to support Ukraine in their efforts to defend their nation.

I've been feeling a bit down, especially in the end of February, which I self diagnose as a mild depression. I'm feeling better now, but clearly I am destined to work and not having a proper job is a strain on my mental health. I additionally got a flat tyre on my camping van due to that the valve broke off, happily it did not happen during driving but while it was parked in the drive way. In my stupidity I was not aware of two things when it comes to wheels... #1 the valve is, due to them being tubeless, directly sitting on the rim and #2 when you order tyres you get exactly that, a rubber tyre without a rim and without valves. Great for the environment but it makes it difficult to sort out on your own. This means that the adventure starts to cost a bit of money due to all the items I needed to get however I hope that I will soon learn to put on new valves and new tyres on already existing rims.

It is a strange, strange feeling when ones money just keeps increasing without one having an income. I've never lived as "cheap" as I currently do and I spend in the region of 250-300 EUR per month which is far below my estimated 1,000 EUR per month. It is a very good moment to go out and buy property with cash and I must pull myself together and get busy buying a place. Oh, and I had a lovely Easter celebration with my family here in the summerhouse.

For the previous summary please visit Summary of January 2024.

The total invested value is now at: 343,328 €. No further investments were made.

The value of the portfolio is today: 549,106 € and I have 984 € in cash. I have realised gains of 9,653 € and unrealised of 205,777 € (60%) which is not good enough. My ETFs are now up at a value of 78% of my portfolio.

DAX is now up at 18,443 points which means that it has increased by 9.0% since the previous summary and my own portfolio has increased by 6.9% in the same time period.

Conclusion: DAX has gone crazy during the last two months and even though I was far behind my assets increased by 23.5k €. The snowball is clearly rolling down the slope which might be a stupid reason that is holding me back because I know that when I buy my future property then I will kill off that snowball.