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Quarterly Portfolio Report - Growing Stack Of Coins

Quarterly Portfolio Report – Q1 2020

Last Updated on July 31, 2020 by Mr. FightToFIRE
Total portfolio worth (all in)
Total portfolio worth (Savings & Effects)

The first quarter of 2020 was a thrill ride. Especially March turned out to be crazy. When you compare it to Q4, all my investments took a nosedive. From an all-time high for my personal portfolio to a new low.

First interest paid

now that I have my mortgage secured I also started paying my interest. Since I took a deferment of payment I don’t have to pay the principal amount and only the interest. this helps reduce the monthly costs until I move. Since a deferment of payment is limited in time -18 months- it’s best that the apartment is done within that time frame. Of course, now with the coronavirus crisis in full effect, we’ll have to see how much delay the construction experienced once the crisis is over and construction can continue without obstruction.

Coronavirus tips
Wash your hands and cover your mouth when sneezing using your elbow or a paper throwaway tissue.


Money saving, Hand putting coin in glass jar with coins inside For now and future money. Concept of saving money for future.
I will use these windfalls to make sure I’m covered for future expenses.

Not only my portfolios took a hit. In this first quarter, my Savings Rate got trashed just as hard. One thing saved this quarter. Thanks to a windfall in the form of a tax deduction, I reached 87% in March. Together with my first two Savings Rates, I’m at an average of 44.32%.
My net worth could have taken less of a beating if I used all of tax money, but to play it save I left a good chunk on my checking account for later use. It’s why you won’t see it anywhere in this overview and only in my SR.

Besides the tax deduction, I received 100k EUR for the apartment. It’s already transferred to the notary since the sales agreement stipulated this was needed before I could sign.

Balance sheet? Creating a clearer picture

This inheritance and the apartment would skew my overview, so I did the following. One figure (ALL) includes the inheritance and the value of the apartment, my portfolios, and my savings accounts. The other (Savings & Effects) is without the apartment and just my investment portfolios and savings accounts. As a result, you will see my net worth take a huge drop.

In the overview below, you see this in table form. I’ll probably adjust my portfolio view later, but for now, this will do. This split gives the extra perverse effect that my total worth declined by an extra 25,625 EUR -next to the loss incurred by the market- or the amount I already put in the apartment myself, but yeah, it’s just on paper and I’m not a bookkeeper so this is what I could come up. Do enlighten me if you know a better way of handling this. Maybe a balance sheet?

Quarter Savings & Effects (€) All (€) QoQ S&E % (€) QoQ ALL % (€)
18Q3 50,251.59
18Q4 56,811.63 +13.054 (+6,560.04)
19Q1 65,722.80 +15.68 (+8,911.18)
19Q2 76,618.85 +16.58 (+10,896.05)
19Q3 83,709.46 +9.25 (+7,090.61)
19Q4 91,002.34 +8.71 (+7,292.88)
20Q1 58,583.88 -95,791.12 -35.62 (-32,418.46)

Personal portfolio overview

The recovery of last quarter was completely undone, and then some. My personal portfolio is now at -8.512%. This decrease is due to a deposit of 7,500 EUR. It brings my total invested capital to 32,500 EUR for my personal portfolio.

While I only have 32,500 EUR of my own money invested, my actual investment in the market is 39,252 EUR. This value comes from the margin I’m using which is worth |6,149.63 EUR|.

At the moment my portfolio is worth 35,883.30 EUR incl. this margin. So deducting that margin, my actual net result is in fact 29,733.68 EUR.

Coming from 29,361.55 EUR this is a theoretical increase of 1.267%.

EUR stocks

Symbol Description Sector Quantity Close Price Cost Basis Current Value (Un)realized Profit/Loss % Gain/Loss
Total 32,766.34 29,681.42 -3,084.94 -9.414
AED AEDIFICA Real estate 40 92.30 3,509.49 3,692.00 182.51 5.200
COFB COFINIMMO Financials 10 117.00 1131.10 1,170.00 38.90 3.439
C(S)E(M)US ISHARES MSCI EMU SML-C ACC ETF Broad 3 218.25 598.68 654.75 41.19 9.365
SXR1 ISHARES CORE MSCI PACIF X-JP ETF Broad 15 105.50 1,870.30 1,582.50 -287.80 -15.388
DX2J X MSCI EUROPE SMALL CAP ETF Broad 50 33.79 1,766.06 1,689.50 -76.56 -4.335
CSSX5E ISHARES CORE EURO STOXX 50 ETF Broad 10 87.31 1,091.29 873.10 -218.19 -19.993
HOMI HOME INVEST BELGIUM Financials 8 108.50 702.83 868.00 165.17 23.500
IUS3 ISHARES S&P SMALL CAP 600 Broad 100 39.66 5,369.04 3,966.00 -1,403.05 -26.132
KIN KINEPOLIS Consumer Cyclicals 85 32.55 3,693.52 2,766.75 -926.78 -25.092
RBOT ISHARES AUTOMATION&ROBOTIC-A ETF Broad 290 5.80 1,766.17 1,682.00 -84.17 -4.766
SBIO INVESCO NASDAQ BIOTECH ETF Broad 30 31.09 923.30 932.55 9.25 1.001
SOF SOFINA Diversified 5 192.60 732.53 963.00 230.47 31.462
SPYD SPDR US dividend aristocrats Broad 43 39.45 2,042.13 1,696.57 345.56 -16.92
SXR8 Ishares Core S&P500 UCITS Broad 20 230.83 4,856.99 4,616.60 -240.39 -4.949
UBI UBISOFT ENTERTAINMENT Technology 20 68.70 1,543.86 1,374.00 -169.86 -11.002
XLVS Source HLTH care S&P US SECT Broad 5 361.77 1,767.71 1,808.85 41.14 2.327

USD stocks

The below table contains my stocks denominated in USD. Since the currency rate fluctuates daily, it impacts the total portfolio wealth counter. To keep it simple I will use the rate applicable at the time of writing every quarter (give or take a day). You can find the rate used at the top of this page.

All my stocks, so also my dollar ones, greatly declined in value! I now have 6733.93 USD or 6201.89 EUR.

Symbol Description Sector Quantity Close Price Cost Basis Current Value Unrealized Profit/Loss % Gain/Loss
Total 7042.04 6733.93 -308.11 -4.375
BABA Alibaba Group Holding Communications 5 188.90 832.89 944.50 111.61 13.400
CSKR ISHARES MSCI KOREA USD ACC Broad 10 117.48 1528.34 1174.80 -353.54 -23.132
IBB ISHARES NASDAQ BIOTECHNOLOGY Broad 5 107.70 518.34 538.50 20.16 3.889
IEMA ISHARES MSCI Emerging Markets ACC Broad 28 26.96 1030.58 755.02 -275.56 -26.738
NVDA NVIDIA CORP Technology 13 255.47 3131.89 3321.11 189.22  6.0417

Actively managed portfolio

Due to the coronavirus outbreak, my Beobank managed funds took a dive. There is nothing left of my growth and I’m now facing a negative return of 7.90% which is a massive drop of 27.71%.

Pension fund

As with my other portfolios, the pension fund dropped as well.

Important with this portfolio is that I stopped the automatic deposit. I will not add to this account and most likely will leave it alone as of now. I’d even dare to say that I will let it alone till my retirement.

Anyhow, it went from 11.523% to 7.68%. In other words, a decline of 11.523 + 7.68 = 19.203%.

Alternative investments

I call them investments but they are more like speculative positions. This is with good reason. This quarter was full of ups and downs.
I took this as a calculated risk (especially the cryptocurrency one) expecting to reap the benefits in the longer term but for now it’s not going anywhere.

Coinbase cryptocurrency account

My crypto wallet keeps fluctuating around the same price range of 120 ~ 200 EUR.

Nr. Inception date Coin Cost Basis Current Value % Gain/Loss
480.15 180.91 -62.32
1 March 2018 Bitcoin 123.09 105.14 -14.58
2 March 2018 Litecoin 357.06 75.79 -78.77

Savings accounts

All the money I saved in this last quarter was put into my personal investment portfolio or set aside in case unexpected costs arise related to the apartment. I did receive a bit of interest in my savings account, so now I have 2,526.37 EUR as an emergency fund. I’d like to top this up again but the recent bear market made me decide to grasp te opportunity and buy more shares.
As I can still save money, I will keep doing so and use that to create a new emergency fund for the future.

Real estate portfolio

The biggest difference between now and my last quarterly update, is that I made a first withdrawal of my mortgage of 45,000 EUR. Since I decided to take a delayed payback of my mortgage, I only have to pay interest on this first amount.

The first payment was due on the 6th of March and was 20.13 EUR. Since there is no principal paid, the total “saved” remains the same, i.e., 125,625 EUR. The 500 EUR is thanks to an option I took which gave me a double bonus when I signed, i.e., an extra 500 EUR.

Some of you were so kind to fill in the small poll I made to help me decide what to do with the inheritance of 100K. I decided to incl. both in my net worth but I will also provide a seperate net worth counter without my apartment investment.

I know you can’t combine the cash I already put into the apartment and the mortgage since one is an asset and the other one a liability so I made two tables. One has my (growing) asset, the apartment. The other table contains the liability, my mortgage, that I will pay off month by month.



I'm a developer for a major financial institution in Belgium that is present in over 40 countries. I have over 8 years of working experience in the development of customer applications focussing on all aspects of banking. This helped me gain a deep understanding of the inner workings of a commercial bank. All of this experience in both banking and life culminates in this blog about personal finance and my fight towards FIRE.

Quarterly Portfolio Reports
1. Quarterly Portfolio Report – Q3 2018
2. Quarterly Portfolio Report – Q4 2018
3. Quarterly Portfolio Report – Q1 2019
4. Quarterly Portfolio Report – Q2 2019
5. Quarterly Portfolio Report – Q3 2019
6. Quarterly Portfolio Report – Q4 2019
7. Quarterly Portfolio Report – Q1 2020
8. Quarterly Portfolio Report – Q2 2020
9. Quarterly Portfolio Report – Q3 2020
10. Quarterly Portfolio Report – Q4 2020
11. Quarterly Portfolio Report – Q1 2021
12. Quarterly Portfolio Report – Q2 2021
13. Quarterly Portfolio Report – Q3 & Q4 2021
14. Yearly Portfolio Report – 2022
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Marc Moore

More then anything always look forward to your portfolio blogs!
Writing down your losses is the first step to recovery, I am sure it will stabilize soon and eventually pick up again.

Interesting how you put your assets / liabilities there to, I will consider doing this also. Whats the reason for not including them in your balance sheet?

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