investoby @investoby: "Hello dear community 🥳, It´s the..."

Spain

Edited

Hello dear community 🥳, It´s the end of the week and as usual I want to discuss recent developments. But at first, let´s look at the numbers.🤓 📊 Performance: 📈 YTD: +11,44% 📈 Week: -2,8% 💸 Portfolio Dividend Yield: 5,06% (according to bullaware.com) 💸 Last Week´s Received Dividend$: $TFC (Truist Financial Corp) $PFE (Pfizer) Economic Highlights: - NFP release showed almost no changes in unemployment (from 4,3% July to 4,2% August) - However, nonfarm payrolls of +142k missed consensus of +160k - is that indicating a cooling of the labour market?🧐 Economic Events to watch next week: - CPI report on wednesday - ECB press conference on thursday (further rate cuts in the euro zone?) - Michigan Consumer Sentiment on friday Portfolio: Our portfolio ended the week in the red but it was a brighter red 😁than the general market (S&P 500 or NASDAQ100). With -2,8% for the week we „outperformed“ both indices by nearly 1% and 3%. This could be an indication that my approach of building a save portfolio of undervalued companies is working well right now. 🙏💪 By the way, collecting dividends of 5% 💰🏧and enjoying capital appreciation is a good formula to sleep well at night. With my latest purchase of $REXR (Rexford Industrial Realty Inc) I finalised my desired collection of high quality REITs🏠🏠. We are now shareholders of Realty Income, VICI Properties, Alexandria Real Estate and Rexford Industrial. Due to an expected lower interest rate environment I think we are well positioned with these companies. 📈 $ARE (Alexandria Real Estate Equities Inc) may be a REIT I will continue to add in the next weeks or months if prices stay at these levels. Furthermore I keep an eye on the MAG-7 🧐. If they continue to drop I also plan on adding to them as well. Best regards investoby

4 Mentioned

TFC

Truist Financial Corp

PFE

Pfizer

REXR

Rexford Industrial Realty Inc

ARE

Alexandria Real Estate Equities Inc