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Quarterly Portfolio Report – Q1 2020

Quarterly Portfolio Report – Q1 2020

Post Series: Quarterly Portfolio Report

USD rate used: 1 USD = 0.9209908 EUR

-0EUR
Total portfolio worth (all in)
+0EUR
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.

Windfall

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?

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.

In the overview below, you see this implemented. I’ll probably adjust my portfolio view later, but for now, this will do. This split does give the 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?

QuarterSavings & Effects (€)All (€)QoQ S&E % (€)QoQ ALL % (€)
18Q350,251.59
18Q456,811.63+13.054 (+6,560.04)
19Q165,722.80+15.68 (+8,911.18)
19Q276,618.85+16.58 (+10,896.05)
19Q383,709.46+9.25 (+7,090.61)
19Q491,002.34+8.71 (+7,292.88)
20Q158,583.88-95,791.12-35.62 (-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

SymbolDescriptionSectorQuantityClose PriceCost BasisCurrent Value(Un)realized Profit/Loss% Gain/Loss
Total32,766.3429,681.42-3,084.94-9.414
AEDAEDIFICAReal estate4092.303,509.493,692.00182.515.200
COFBCOFINIMMOFinancials10117.001131.101,170.0038.903.439
C(S)E(M)USISHARES MSCI EMU SML-C ACC ETFBroad3218.25598.68654.7541.199.365
SXR1ISHARES CORE MSCI PACIF X-JP ETFBroad15105.501,870.301,582.50-287.80-15.388
DX2JX MSCI EUROPE SMALL CAP ETFBroad5033.791,766.061,689.50-76.56-4.335
CSSX5EISHARES CORE EURO STOXX 50 ETFBroad1087.311,091.29873.10-218.19-19.993
HOMIHOME INVEST BELGIUMFinancials8108.50702.83868.00165.1723.500
IUS3ISHARES S&P SMALL CAP 600Broad10039.665,369.043,966.00-1,403.05-26.132
KINKINEPOLISConsumer Cyclicals8532.553,693.522,766.75-926.78-25.092
RBOTISHARES AUTOMATION&ROBOTIC-A ETFBroad2905.801,766.171,682.00-84.17-4.766
SBIOINVESCO NASDAQ BIOTECH ETFBroad3031.09923.30932.559.251.001
SOFSOFINADiversified5192.60732.53963.00230.4731.462
SPYDSPDR US dividend aristocratsBroad4339.452,042.131,696.57345.56-16.92
SXR8Ishares Core S&P500 UCITSBroad20230.834,856.994,616.60-240.39-4.949
UBIUBISOFT ENTERTAINMENTTechnology2068.701,543.861,374.00-169.86-11.002
XLVSSource HLTH care S&P US SECTBroad5361.771,767.711,808.8541.142.327

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.

SymbolDescriptionSectorQuantityClose PriceCost BasisCurrent ValueUnrealized Profit/Loss% Gain/Loss
Total7042.046733.93-308.11-4.375
BABAAlibaba Group HoldingCommunications5188.90832.89944.50111.6113.400
CSKRISHARES MSCI KOREA USD ACCBroad10117.481528.341174.80-353.54-23.132
IBBISHARES NASDAQ BIOTECHNOLOGYBroad5107.70518.34538.5020.163.889
IEMAISHARES MSCI Emerging Markets ACCBroad2826.961030.58755.02-275.56-26.738
NVDANVIDIA CORPTechnology13255.473131.893321.11189.22 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 dateCoinCost BasisCurrent Value% Gain/Loss
480.15180.91-62.32
1March 2018Bitcoin123.09105.14-14.58
2March 2018Litecoin357.0675.79-78.77

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.

Asset

Liability

Mr. FightToFIRE
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This Post Has 2 Comments
  1. 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?

    1. Yeah, Seeing that huge negative number had quite an impact. It will be even more impactful once I update my portfolio page and I see the graph plummet to minus T_T

      Let’s just say I have a difficult time deciding how to handle this new change in assets.
      Since a doubling of my monetary assets from 90K – 100K to 190K – 200K is a huge jump I felt putting them all in there without any notice or transition made my efforts evaporated like snow in the sun.

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