Despite being a somewhat leftist comic book, it is worth paying tribute to the muse of the blog.
Well, I’m doing this update a little late but it’s still within the month’s contributions. I had a beautiful balance variation because this month the contribution came very strong because I won a consortium of friends from work (it was the last I attended). Also, I WORKED VERY EVEN IN JUNE. The consortium is the following, every month we transfer a sum of money to a person, and then make a lottery and result in a lottery order, this month I was drawn, it’s legal, mainly to pay all the debts at once ( Of those who have debts) and prevents the staff from taking loans and also from paying interest.
Let’s go to my equity variance and profitability.
On June 8 my quota was $ 2.07.
Today, July 20 the quota is $ 2.55.
I’ll start counting the quota value in REAIS as well.
Today, July 20 the quota is $ 8.31.
Increased equity of 23.18% !! (Joining the contributions of June + July + the profitability of the assets) -> My contributions usually I do in the second fortnight of the month.
LFT: = ~ approximately 8k (I’ll count it out because it does not go into Google Finance).
Portfolio profitability since August / 2013 = 10.54%
I also have $ 11,900 in cash to open my account at Interactive Brokers. Technically, I can open it, but first I have to open the account at Banco do Brasil Americas to be able to make my transfer possible outside Brazil. I bought $ 3k last month at 3.29. Not bad for those who bought 2k dollars at 3.68. Franco Suiço and Dolar continue to devalue what is good for me.
It’s personal, the waiting always reaches. I spent almost 3 years buying stocks in a bear market (I am “loading” here the terms bearish or bear market) and I managed to accumulate many, now any blow-up or down the equity variation is also very drastic. The bag reaches 56k today. Remember the post where I wrote BOVESPA the 36k? Who does not remember is just down the list and see what I wrote there. Even so, I and many other investors in bovespa are still losing savings if I consider the whole period, but that is neither my concern nor my goal.
Not to say that I am very radical bought 7k of LFT and also bought two real estate funds: HGRE11 and RNGO11 (the story of not having a cash flow was beginning to bother me, I am slowly setting up a portfolio of fiis that I hope to put a small I contribute every month, for diversification and protection against my ignorance).
I was annoyed by Qualicorp’s probable takeover bid, I like this company and I think it would be good to be a partner, it reminded me of Tempo SA’s OPA (I won more than 45% of the share price in the OPA), Small values and no one gets rich if they buy for 5k and sell for 7.5k. One such Carlyle from the USA comes here, thinks it’s cool, buys these companies all at once and makes the OPA. Some people have asked about my portfolio and I will give you an update, on the right side the percentage is my total return on each asset that I have from the beginning, already reinvesting the dividends in the entire portfolio.
Recalling that my total return, when considering the entire portfolio and with all its proportions is 10.54%. In the last three months as the chart below we can see profitability: my Portfolio (Frugal Simple), the Swiss SPI index, the active VOO representing the SP500 and the EWZ representing IBOV.
I am almost 10% above the IBOV in the last 3 months and almost 21% above SP500. According to what everybody knew, the American stock market is expensive with PL of 22, when the historical average is 16 and the bovespa was cheap, we are undergoing a minor correction. The biggest drop even was from Tarpon that 5 years ago that profit only drops and is not for less, I bought the 12 reais and now it’s 6 reais. Sabesp I tried to leave but got a residual of 29 shares, after I sold what I had, the rest went up 50%, very fun it.
The 2Q16 balance sheet disclosure season is about to start and I just want to see how it will be. My next contribution is Tractebel according to the Bastter System, but I do not know if I will obey him this time. I am thinking of increasing in WEG, LFT, and some other FII. Let’s see if there’s a lot of swings out there. In 3 months my contribution will increase a bit because I will get rid of credit card payments (small renovation that I made in my apt) and also a property that I bought 5 years ago (if you repented and killed) …