You go on vacation and "miss" the biggest gold/silver run in recent history and yesterday's probably biggest silver crash in decades!
Until the day before yesterday, I had the best start to a new year on the stock market since I started trading. Up 120,000 euros or almost +10% within a few weeks. And on Thursday + Friday, the market went down again with the biggest daily losses ... -90,000 euros in two days. Both extremes right at the beginning of the year! But in the end there is still a small plus 😉
👉🏻 January:
Start: 1,336,908 euros + 400 cash
End: 1,368,240 euros + 100 cash
Deposit: 2,000 euros
Profit: +29,032 euros (+2.17%)
It will certainly come as no surprise to you, but the high volatility in the portfolio is due to the high weighting of my gold mining shares. When precious metal prices rise, you benefit particularly strongly, but you are also at the forefront on the downside. K92 Mining ($KNT (-7,83 %)), Equinox Gold ($EQX (-10,37 %) ) and Euro Sun Mining ($ESM (-0,91 %) ) have all lost double digits in two days. But the bottom line is that we are still higher than at the beginning of the year! 👍🏼
Apart from that, there have only been minor changes in my portfolio. Among other things, I bought $SAP (-1,47 %) Ubisoft $UBI (-2,84 %) (see post) and PayPal $PYPL (-0,87 %) . I sold my position in $DTG (-1,98 %) (Daimler Truck) and partially sold $PUMA and Accenture ($ACN (-6,39 %)).
Despite the turbulent end to the week, I am satisfied with the start to the year. I have already realized around 5,000 euros in capital gains (including dividends). I hope that the pace will pick up a little more, but let's see. You shouldn't get too greedy! 😊
➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 44.5%.
I hope you've also had a good start on the stock market and have weathered the upheavals on the gold/silver market well!
See you in a few days! 😊
