8Mon·

Let's see if the decision continues to pay off so well.

At the time, the proceeds were invested exclusively in $BN (-0.51%) at a price of around 43 euros.

TaxesAreTheft

@TaxesAreTheft

11Mon·

I am still bullish about $MSCI (-0.29%) but in the current situation it is too highly valued for me with an unconvincing risk/reward ratio.

The earnings will be in $BN (-0.51%) and $GOOGL (-0.08%) reinvested.

16.08

MSCI

Sold at €507.40

4 Comments

FrancoJrG@OGREDAISFonds

8Mon

Doesn't the withholding tax on $BAM bother you? That's why I opted for $BN

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TaxesAreTheft@TaxesAreTheft

8Mon

@OGFonds No, BAM is too interesting as a pure play. BAM was probably the best dividend growth stock when I bought it, >4% yield and the >10% increase per year (BAM distributes 90% of DE and the company wants to increase it by >10% per year).

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FrancoJrG@OGREDAISFonds

8Mon

@OGFonds valuation is significantly more expensive than $BN

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TaxesAreTheft@TaxesAreTheft

8Mon

@OGFonds "Expensive" is always relative, now BAM is quite expensive. When I bought BAM it was quite cheap in my opinion. BAM still has a lot of capital that it can put into the market, similar to Berkshire, so it is also a small hedge in the event of a crash.

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