As I said before, I’m contributing to Google Finance from my portfolio.
On March 12 my quota was $ 1.73.
Today, April 12, my quota is $ 1.97.
The increase in equity of + 13.8% !
I made a contribution to Grendene and bought 2,000 dollars. In addition bovespa helped a lot.
Let’s see how my portfolio has behaved in the last 12 months:
My portfolio is the blue line, it went well in line with the IBOVESPA (BOVA11 or EWZ).
The Brazilian stock market rebounded well from the end of February to the present, and in fact we recovered against the US stock market, as the dollar fell a bit, which helps the index profitability against the dollar. This does not mean much to influence my life or my investment decision making process, what matters is having a good company and receiving good dividends in the future and having a safe and valuable equity. This profitability is being tracked only for registration purposes.
What I’m trying to say here is that it’s been almost 3 years since I’ve been expecting the value of my portfolio to be above the red, and it’s a bit unpleasant to stay in the red all the time while everyone is smiling at the fixed income, you begin to doubt the certainties Who built their base, buy and hold is very difficult in practice, in theory it works, but it has to be very cold blood to bear it thinking that it could be making easy money in real estate fund, fixed income or even in savings that gives one Yield of 0.75% while mine in the stock market is at less than 0.25%. I hope one day the market will correct this and at least above inflation, which is fair.
This week will be agitated because they will put the terrorist vagabond out of the presidency and so maybe the country can breathe and the money circulate again.
Tomorrow I’ll see if Odontoprev analysis, fantastic company.
Hug to everyone,