Hello fellow investors, once again I only managed to put out this monthly portfolio update. I have suffered from COVID a few weeks ago which meant that I did not have a lot of energy. This together with the fact that May was the worst month for my portfolio so far, possibly made me a little less productive.
I did make a couple of changes to my portfolio spreadsheet. You will see that it looks a bit different now. It now is more professional in my opinion.
Let’s take a look at my portfolio update for May 2021!
Don’t forget that you can always find an up-to-date overview of all the ‘numbers’ in my portfolio on the My Portfolio page.
Portfolio overview
This month was just crazy. Everything went fine in the first week. I even hit my €100.000 milestone for the first time. Unfortunately, it lasted for about 3 hours. After that, the rest of the month was only downhill. Which results in my first negative month ever. At one point I was down around €25.000 from my all-time high of €100.000 back to €75.000. I even lost €13.000 in one day. Keep in mind that this equals over 6 months’ pay for me!
That being said, I weathered the storm and got through it. We close the month at around €85.000 which is still an €11.000 decline from last month but it could have been even worse!
I made some small changes to my portfolio as well. I sold out of the single companies that I owned. It is not that I don’t believe in them anymore but it wasn’t a huge amount of money and I preferred the simplicity. I added one cryptocurrency to my portfolio as well. This one is in the very early stages which means that it carries a pretty decent amount of risk but a potentially big reward as well. For those interested, you can take a look at the project here: FINXFLO.
Monthly Cash-flow
My monthly cash flow is still the same. I did some things differently this month. I invested a bit more in stocks and bought the dip in the cryptocurrency markets with some cash savings.
Portfolio Allocation
- Cash: Saved -€700 (Bought the crypto dip)
- Stocks: Invested €1500 – €71.08 appreciation
- Crypto: Invested €1000 – €13 080.84 depreciation (!!!!)
As mentioned above, cryptocurrencies did not perform very well this month. We can even say that they performed terribly. As of right now, they have already regained some of their losses. Even though we are not back to the highs yet, I still believe the rest of 2021 should be pretty good for cryptocurrencies in general.
My ETF portfolio did nothing crazy at all. I invested a bit more this month in ETFs because the crypto swings have shown me that my portfolio is a bit too heavy on that side. Even after the dip, it is still more than 40% of my total net worth.
Overview
This was it for my portfolio update of May 2021. Let’s hope that we don’t see many more of these months. After only having green months for almost two years, this puts me back with both feet on the ground. Investing is not always smooth sailing!
