04-30-2022, 04:23 AM
Brutal day. I want more of these. Give me like 5-10 more days like this and then I'll start buying for real.
But it looks like my main portfolio had a monthly performance of 0.00% in April. A pretty flat month I'd say.
There is a bit more to this story though. My base currency is EUR, so all statistics, performance history etc. are calculated in euros. Of course my holdings decreased in value if comparing in USD, but the change in the currency exchange rate made up for it. The euro is going down the drain (as it probably should. The FEDs stupidity with interest rates and their balance sheet pales in comparison to what the ECB is doing), and while it makes my portfolio performance look good it's not exactly a great situation for me. If this continues we might as well start using 5 EUR notes as toilet paper here.
But it looks like my main portfolio had a monthly performance of 0.00% in April. A pretty flat month I'd say.
There is a bit more to this story though. My base currency is EUR, so all statistics, performance history etc. are calculated in euros. Of course my holdings decreased in value if comparing in USD, but the change in the currency exchange rate made up for it. The euro is going down the drain (as it probably should. The FEDs stupidity with interest rates and their balance sheet pales in comparison to what the ECB is doing), and while it makes my portfolio performance look good it's not exactly a great situation for me. If this continues we might as well start using 5 EUR notes as toilet paper here.