As you already know, the Latvian Investor Andris – a character created by the Investors Club team, who invests real money in the financial markets – has two “brothers” – the Estonian Investor Tomas and the Lithuanian Investor Lukas. Sometimes it is interesting to look into their portfolios as well. How did Thomas and Lucas do last year?
17.1% yield in Thomas’s portfolio
Estonian Investor Thomas is proud that last year the value of his portfolio increased by almost 80,000 euros, which is a similar result as the year before. At the end of 2023, the value of Thomas’s portfolio increased to 550,038 euros, which meant a yield of 17.1%. This has exceeded the hoped-for 12% target, but the result lags behind the US indices against which Thomas likes to compare his performance.
The S&P 500, including dividends, has risen by 22.2% since the beginning of the year, and the Nasdaq Composite by as much as 40.1%. True, Tomas managed to beat the European STOXX Europe 600, which had an 11.7% increase, and the Tallinn Stock Exchange index, which only increased by 0.1%.
To outperform the US market, it would require LHV shares to rise significantly, as this position is large enough in Thomas’s portfolio.
The year 2023 was also profitable in terms of dividends and interest – in total, the account increased by 11 thousand. euro.
In terms of transactions, the past year was relatively active for Thomas – he had to free up money several times to make new investments, because in recent years there has been very little or even no money in the account. Although the US stock market grew significantly last year, Tomas made more transactions on the Baltic and Finnish stock exchanges.
The main transactions in 2023 were the purchase of bank shares and the sale of bonds. The banking sector performed well last year, but stock prices remained in a fairly stable range with no clear trend. Thomas made his first deal in the banking sector in March, when a Silicon Valley bank collapsed in the US and there was speculation that the economy was about to face another financial crisis. It didn’t happen, and I bought Thomas on the first day after the news about the collapse of the US bank LHV and Coop Bank shares for 1,000 euros.
Next LHV he bought the shares already in June, because the bank’s results continued to grow rapidly, the financial plan was significantly exceeded, and Thomas decided to buy 1050 shares for almost 4 thousand. euro. LHV the position increased to 14.1%, becoming the second largest in the portfolio.
2024-01-05 08:11:13
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