Sergiu Andrei Niga @Sergius95: "2025 H1 summary During the..."

Italy

2025 H1 summary During the first half of the year our portfolio performed way better that the most important indexes, reason why I feel pretty confident. Our portfolio +27,6% $SPX500 +4,8% $NSDQ100 +6,2% $DJ30 +4,3% Although it was not a linear growth, in a particular day ( Trump’s announcement of tariffs) we incurred in a 7% loss, which at first sight seems scary, fortunately I’m focus on the long run and just a week later we got back on track recovering the main loss. Moreover our dividends increased by 11% in comparison with 2024 H1, in part because the rebalancing portfolio, but also because some companies, like Leonardo increased their ordinary dividend. The companies that mostly outperformed in 2025 H1 are: $LDO.MI (Leonardo SpA) + 77,8% $ISP.MI (Intesa Sanpaolo Group) +30,6% $AZM.MI (Azimut Holding) +19,3% The conflict in Ukraine, which in my opinion is far from ending and the tensions in the middle east, keep at a high level the political uncertainties, which if combined with the suffering dollar, and the tensions in the Usa, well that lays the perfect ground for an unpredictable future. Once again I must take in the importance of having a diversified portfolio not only by asset class but also from sectors and countries. In the second half of the year I expect the portfolio to increase but at a slower rate, and volatility also will not miss as the 9th of July is the last day that all countries have to close a deal with the Usa in matter of tariffs.