๐๐๐๐ค๐ฅ๐ฒ ๐ฎ๐ฉ๐๐๐ญ๐ - ๐ฎ๐ฐ.๐๐ด.๐๐๐๐
Dear copiers and followers,
Let's go through the events of the week!
1. The US Central Bank (FED) probably will start to reduce the interest rates. The economy is weakening and even with the current inflation, it looks like they do not have other option. I think this is already priced in and a 0,5-1% lower interest rate will not change the businesses very quick. The life of the banks will be a little easier.
2. Retail investors are all in, said by FT. Wow.. it seems to be a good moment for a correction - (I am also 100% invested)
3. $SPX500 is above every 2024 year-end price target from Wall Street. Sometimes they are right..
4. $GOLD at all time high. The central banks are the biggest buyers while $OIL is declining for months.
5. REITs and Utilities historically are good performers in lower interest rate environment. The sectors are already increasing as an anticipation.
6. There were earnings during the week, the portfolio suffered some changes. $1585.HK (Yadea Group Holdings Ltd) mid year sales are declining, while $ATKR (Atkore Inc.) was reintroduced in the portfolio due the the overselling.
๐๐จ๐ซ๐ญ๐๐จ๐ฅ๐ข๐จ ๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐:
๐ฉ 1,37% for the current month
๐ฉ Portfolio risk: 4/10 (low)
๐๐จ๐ซ๐ญ๐๐จ๐ฅ๐ข๐จ ๐๐ก๐๐ง๐ ๐๐ฌ:
โคNew investments: $ATKR
โคClosed investments: StoneCo
โคIncreased investments: $1585.HK$FDJ.PA (LA FRANCAISE DES JEUX ) (LA FRANCAISE DES JEUX ) $RUI.PA (Rubis SCA)
โคReduced investments: Paypal, EWZ and SQQQ
๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ:
The most important was from $1585.HK - please check the detailed post if you are interested in it.
$PLUS.L (PLUS 500 LTD) is an amazing company - they smashed the earnings. We got dividends, buybacks, more buybacks and improved outlook. They are generating strong profits.
Baidu also delivered good numbers - I am happy with them.
WhiteHeaven is also improved.
Next week we will have earnings from Lululemon Athletica and dividends from Paycom, Atkore and Plus500.
NVidia is also reporting on 28th.
๐๐จ๐ฉ๐ข๐๐ซ๐ฌ:
Dear copiers,
I am happy to have you all here with me. I have seen that with the recent market jump, most of you have added funds to the copy, which is great, but please do not let the market influence your investment decisions.
You can always see that I invest the most money in falling markets when the business is not affected or there is no reason for a logical decline. (e.g. Nike, Atkore)
I don't want to try to predict anything, the only thing I can do is be prepared. This means that if we have good investments, we will not react to any macroeconomic event.
Right now the portfolio has a low level of risk, with sustainable dividend payers and undervalued companies.
I wish you all a great weekend!
Levi... Show More
