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How did the capital of Kuzikov change on September 30, 2022?
Invested: EUR 2700 (+ EUR 100)
Capital value: 2,400.57 (-29.27 euros)
Return on investment: -11.09% (-4.59 percentage points)
How did the capital of Vilūn change on June 24, 2022?
Invested for the moment: 2702.52 euros
Capital value: EUR 2403.03
Return on investment: -12.47% (-0.23% for the week)
What happened to the market during the week?
US equities closed lower on Friday, driven by losses in the consumer staples, utilities and technology sectors. At the close in New York, the Dow Jones fell 1.71% to hit a 52-week low, the S&P 500 fell 1.51%, and the NASDAQ Composite fell 1.51%.
The main concern among investors remains a potential global economic recession, the likelihood of which is growing rapidly against the backdrop of tight monetary policy by most central banks. Many investors expect this trend to continue and we have not yet reached the bottom of the market, it is all still ahead.
Baltic stocks continue their slow decline. During the week, the “OMX Baltic Benchmark GI” index, which collects the most traded Baltic stocks, fell by more than 2%. The decline is slower than in major Western markets. There are no significant expectations that much will change, taking into account the general mood in the world and in the Baltic countries.
The cryptocurrency market also showed no surprises – “Bitcoin“the price is around 19-20 thousand dollars per coin, while the price of” Ethereum “is around 1300 dollars per coin. In general, a similar wavy trend remains, where cryptocurrencies go up a bit and go down a bit. This will likely continue at least until the optimism of Western equities appears on the markets.
Portfolio changes
The common situation with Kuzikov shares is as follows:
- There are no stocks with positive returns.
- The total return on the joint portfolio is now € -417.
During the week all shares showed a decline in value, the record holders were “Shell“(Shel) with + 0.14% and” NY Times “(NYT) with + 0.07%. The biggest drop in value was shown by”Apple“(APPL) – 0.52%” Procter & Gamble “(PG) – 0.47%
The situation with Vilūn Baltic shares is as follows:
- None of the nine shows a positive result in the position
- Total return is -9.47%
The biggest losers in the portfolio are “Novaturas“(-29.24%) and”Madara cosmetics“(25.15%)
The situation with Vilūn’s cryptocurrency wallet is as follows:
- All three cryptocurrencies – “Bitcoin”, “Ethereum” and “Solana” show a decrease in value
- The biggest drop in value is “Solana” (-58.73%)
Kuzikov continues to follow portfolio diversification
“There is a big unknown in the market, so I keep following the diversification of the portfolio and I pay attention to the segments in which I invest less than others. This time it was a media segment and the “NY Times” and “Disney“shares” says Kuzikovs.
“The next investments will be in the Food segment:” Coca-Cola “,”McDonald’s“and shares” Mosaic Inc. “. I still believe that the selected shares will perform well over the long term and that I will achieve an average annual return of 8%. The important thing is to continue to invest periodically and maintain diversification.”
Vilūn will increase its Baltic stock portfolio
“I intend to increase my equity portfolio of Baltic companies, because the low value, as mentioned above, is not related to the problems of the company, but to the general situation, consequently, after overcoming the crisis, the value of these companies it will increase, “says Vilūns.
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