March… What a month! Started a little soft, but went up after that – for two weeks. Then straight down to losses. We have been quite confused about the volatility in the market so we haven’t bought any new stocks this month. We had our eyes on a stock called Tomra but in the process of talking it through the share price took off so we decided to wait. Maybe next month or maybe another stock. We will see.
Apart from this we had an overall loss of 4.2% which we of course aren’t happy with. It does however seem to be the whole market that is falling these days so maybe we can make additions to our portfolio cheaper next month. This could actually turn out to be good.
Our overall loss was helped down by almost all our stocks. We don’t have a donate button anywhere on the site, but if you want to help our portfolio please buy iron stuff from FMG and please don’t delete Facebook 🙂
Comparing our returns to the indexes we use as benchmark we are average, which helps on the mood. A wider diversification didn’t seem to have helped this month (but we are pursuing it anyways – more stocks more stocks!).
Lets hope April will get better!