After my first 12 months investing seriously and long term in the markets I can say that I am quite satisfied 😁.

But there are always buts, and yes, I should have been more careful at the beginning of the year, around December I was blinded by the performance of my investments, I failed to see the risks which seen in hindsight were ENOUGH OBVIOUS let's review them:

• The S&P at 30x Earnings when its average is around 18-21x.

• Three years of growth well above its historical average of 10% with no justification other than the rising expectation of AI 🤖

• A 26% Return in just 6 months in my stock portfolio without much change in EPS simply a price increase due to growing demand.

• Almost 3 years of announced Crisis and many experts (Like Warren Buffet) walking away from the Markets and holding Cash positions.

• A Euro dollar rate among the lowest historically basically at par 1€/1.02$.

In all this context to have shares like $GOOGL (-0.81%)
$META (-0.38%) or others that I had at the time such as $AMZN (-0.78%) were not going to help much being the most affected by the correlation of the index and its high Per not to mention the currency effect.

But I went with a very aggressive portfolio and barely kept 5% in money funds or cash 😔 (which also if I had it was by chance not by planning 🤣).

The important thing Lesson Learned, you have to keep a cool head, and maintain a balanced management according to the risks and not be blinded by these situations of "easy money".

However the year has not ended not so bad many of my "bets" have gone fantastically well as well as. $HPE (-0.82%) (+30%) $SMSN (-0.61%) (+15%) $BFIT (+1.65%) (+10%)

And I have diversified into smaller stocks that are not so correlated to the indices and that according to my criteria have the potential to outperform the index

As well as other alternative investment vehicles such as BME Growth and Urbanitae projects.

And of course I keep a reserve but not too big for when opportunities like the ones we saw just a couple of months ago come along ;)

This is how things have been in the aggregate one year later, in the equity portfolio the profitability is somewhat higher, but still it is important to diversify as we said before, we continue working to improve and grow 🔝📈📈

After missing earnings estimates by -8% in net income and by -1% in EBITDA

$BFIT (+1.65%) falls almost 23% in a single day

I am confident in the company in the long term, sooner or later it will show profits and grow like crazy.

Although it is highly indebted it has assets worth 66B and the company is listed at 1.25B the real equity after deducting liabilities is about 400M so if it is highly indebted but has a profitable business model and well established in major European countries (Spain, Germany, France, Netherlands).

If business goes well sooner or later they will end up showing good results and a more stable debt situation 💸🇳🇱

Which European stocks do you think can make a difference and can be an investment opportunity and reduce the risk of keeping a large part of the portfolio in the United States 🇺🇸.

These are my picks for the moment:

• $ITX (-2.16%)
• 
  $BFIT (+1.65%) (I have to expand my position)
• $ASML (-2.04%) (I have not yet bought)
• $MC (-1.71%) (I haven't bought yet)

Which European stocks do you think will thrive with good returns in the future?

Medium-term objective to buy positions in $MA (-0.86%) y $V (-0.8%) when they reach a more appropriate price

These are companies that have performed very well in periods of crisis and maintain stable and growing dividends and constant results.

To equalize the risk a bit, when I have my portfolio at full capacity it will be composed of:

60% Technology with Growth Potential

$GOOGL (-0.81%)
$NVDA (-1.03%)
$MSFT (-0.39%)
$META (-0.38%)
$AAPL (-0.72%)
$AMZN (-0.78%)
$ABNB (-0.53%)
$NFLX (+0.08%)

30% Well-performing companies in crisis with stable growth and dividends.

$WMT (-0.84%)
$MCD (-0.37%)
$ITX (-2.16%)
$MA (-0.86%)
$V (-0.8%)

10% Companies that can give good results in the long term and are going through temporary difficulties or companies that do not have profits because they reinvest everything in growth (riskier investments but with a higher possible return).

$BFIT (+1.65%)
$NKE (-0.99%)
$BMW (-0.72%)

Any ideas to contribute? 💡