This time I try to be on time with my report! The Christmas and New Year holidays have now been completed and I hope that all of you had an as good time as I did. This year we went to see my wife's family in the south of Germany for one week and it was a very relaxing time.
With all this relaxation I must be ready for work again and I think that I am!
For the previous summary please visit Summary of November 2016 and here you can see my stock portfolio as it is.
The total invested value is now up at: 87,939 € including a realised loss of -3,757 €. No stocks were bought.
The value of the portfolio is today: 89,871 € and spread out I now have around 2,546 € in cash on the account. The combined unrealised and realised loss is now at: 1,932 € (2%) which is bad but better than it has been for a long, long time.
DAX had a very strong ending of the year 2016 and went up to 11,598 points which means an increase of +2.8% which is better than the +1.7% that my portfolio managed to accomplish.
Conclusion: It became a funny rally in the end of 2016 which I find very hard to understand. Banks in Italy are once again causing serious problems. Trump keeps writing on twitter. IS is making attacks all over Europe and in the middle East. UK keeps pushing forward on their BREXIT plans... I really wonder... what were the highlights that caused this dramatic increase in share value?