· 

My Portfolio - July 2024 update

 

In July we are still above the 400k Euro mark, even improving a bit (+0.89%) and with no investments in the month. Until the middle of the month, the numbers looked even more positive but the second half wiped clean most of that.

A new wind is blowing though or at least you start to feel the breeze: from the beginning of the year, the rally was driven by companies which are leveraging the trend of AI (e.g. Nvidia) but in July the worst performers in % terms are exactly the ETFs which focus on innovation, technology, robotics (and Nike, but that is a different story) and they usually overindex in these companies. 

These are not my main positions as you can see from the amounts, I should really clean them up one day. 

Are investors starting to think there might be a bit of bubble in the sector? Let's see. 

 

In terms of dividends, July is a dead month with only Nike paying out (9.34 Euro).

Write a comment

Comments: 0