Another month of 2020 has passed, it’s amazing how fast time went by. It was a month (or actually weeks) of the world and stock market in turmoil due to Corona. Bringing down valuations to levels not seen in quite some time and to be honest more fairly valued.
Besides the valuation, this is also a testing time for a lot of us (fairly) new investors to test our resolve in a (temporary?) declining market. Are you riding out the storm and averaging down on great DGI companies to boost your portfolio or are you selling to capitalize on previous gains? I’ve seen my portfolio tank with €1000 in a day last week. It comforts me to know that I’m not panicking but staying the course, I hope you are too!
Even with all the panic outside, my portfolio brought in a steady stream of dividends:
It’s awesome to see that from now on the second month of the quarter will (also) always be a €100+ month! I’ve got my new position in SPG to thank for crossing that threshold.
My visuals show more then my words can:
And another month closer to my 2020 goal:
February 2019: €54,68
February 2020: €102,20
A solid 86,9% growth compared to last February. As always my results are converted from their base currency to euro and are post-tax.
I would love to hear your thoughts on the results of this month and ofcourse of your own results. Please let me know in the comments!