After ending March as one of my worst months on the stock market, despite the recovery at the end of the month, April was able to make up some ground. Unfortunately, a large part of the recovery, which peaked in mid-April, was sold off again, but we are also satisfied with the small successes... 😉
But let's take a look at the figures!
👉🏻 March:
Start: 1,330,246 euros + 9,843 cash
End: 1,373,005 euros + 56.20 cash
Deposit: 4,100 euros
Profit: +28,872 Euro (+2.15%)
A large part of my portfolio is still tied up in K92 Mining and Equinox and is therefore dependent on the development of the gold price. The overall political situation remains volatile, which is why I expect a volatile recovery and or sideways movement in the near future - but I remain positive in the long term.
For me, the following factors continue to speak in favor of a gold investment:
(1) Increasing (geo)political uncertainties
(2) Deficit spending in large parts of the world (especially Europe / USA)
(3) Resulting inflationary tendencies
In April itself, there were only minor changes / profit-taking in my portfolio. I was able to take small profits on Western Union $WU (+1,04 %) Fuchs Petrolub $FPE (-0,76 %) and Ubisoft $UBI (+1,38 %) which I then reinvested directly (including in TUI $TUI1 (+2,43 %) and Xiaomi $1810 (+0,83 %) .
The dividend season is also slowly gaining momentum. In April, I was able to record a total of around 2,000 euros in dividends. In May, I'm already looking to double that with 4,000 euros and in June I'm even expecting 16,000 euros. At least that's something to look forward to... 😊
Otherwise, there is unfortunately some negative news for my Euro Sun Mining $ESM (-9,41 %) speculation. After rising by over 100% within a very short space of time on the back of positive news, we are now actually in the red. The reason for this is the political situation in Romania and the virtual disintegration of the government. It is currently unclear whether a corresponding national law will be passed, which will make it possible to apply for a permit. Nobody knows when and if it will be passed at all. Of course, the investment case stands or falls with this. But that is the price in this sector. Personally, I'm also factoring in a possible total loss (even if I hope it doesn't come to that...) 😅
➡️🆓: On my way towards 4 million total assets, the target achievement level is now 44.27%.
Here's to good stock market trading and enjoy the holiday! 😊
