It's that time of the month again! A few days late but here's my first monthly update in 2015. What a month it was. The ECB decided to act on continued fears of deflation and will pour over a trillion euro's in the market in the coming years. This decision resulted in a lower euro and rising stock prices in Europe. However the opposite seemed to happen to US stocks in the past month.
All in all a hectic month. However, since I am in it for the long haul I am not too interested in these daily or monthly fluctuations. What matters is that I keep focused on buying high quality companies which provide me with a steady stream of growing dividends.
All in all a hectic month. However, since I am in it for the long haul I am not too interested in these daily or monthly fluctuations. What matters is that I keep focused on buying high quality companies which provide me with a steady stream of growing dividends.
Indicator
| As of 29-12 | As of 31-1 | % change |
|---|---|---|---|
| S&P 500 Total Return | 3,827 | 3,656 | -4.5% |
| Dow Jones Industrials Total Return | 36,081 | 34,767 | -3.6% |
| AEX GR | 1,244 | 1,314 | +5.6% |
| USD.EUR | 0.8227 | 0.8834 | +7.4% |
| Portfolio value | € 22,390 | € 23,386 | +4.4% |
