My investment in
$AAUKF
Anglo American is a very cyclical company that likes to double in good phases and more than halve in bad phases. After the company had already fallen massively, I set up a savings plan at the end of last year (€50/month) in order to ride the downward trend until it bottomed out and then be part of the next upward trend. I wanted to invest a total of €500 and sell the position again when I was at least 50% up. "Unfortunately" it currently looks as if the bottom is forming a little earlier than I had hoped (see price trend) and so far I have only invested €250 with dabei🤷🏻♂️
I will of course keep my savings plan running and am curious to see how things will $AAUKF continues😌