Welcome to the April 2023 overview, a month where the employment data was good in both the United States and Europe. Also noteworthy is the response of central banks to the banking problems that occurred last month in the US and Switzerland.
The euro reaches 12-month highs against the dollar. In summary, April was a month where inflation fell and employment improved, but we must be cautious, there is still mistrust regarding the banking sector.
That being said, let’s take a closer look at how the month went for our portfolio.
April 2023 Movements
Like every month, we are going to split the movements of the month into three blocks: purchases, sales and dividends to make reading more enjoyable.
Purchases
This month, like last month, we did not go shopping, with the current price of money in the US, where we have more exposure, we prefer to continue lowering the margin to minimize interest.
Sales
In April, we sold our position in Berkshire Hathaway. It is a company that we like and we do not rule out returning to it in the future, but due to the high interest rates and the fact that it does not pay dividends, we prefer not to have it and thus lower the margin a bit (and pay less interest).
- 10 x Berkshire Hathaway Class B
Dividends
In terms of dividends, this month of April we have received a total of 16 dividends, all of them from American companies. These have been the dividends received in April 2023 by country and ordered by collection date.
🇪🇸 Spain
- We do not receive dividends
🇺🇸 United States
- The Coca-Cola Company: $4.6
- Kimberly-Clark: $4.72
- Iron Mountain: $6.19
- Restaurant Brands International: $5.5
- AGNC Investments: $360
- Philip Morris: $25.4
- Medical Properties: $5.8
- Main Street Capital: $92.25
- Mondelēz International: $3.85
- Medtronic: $4.08
- Realty Income: $12.75
- Rio Tinto: $22.5
- Eagle Credit Company: $160
- Gladstone Capital: $8
- Altria: $103.4
- Annaly Capital Management: $325
In April we received +1041.88 euros in gross dividends (before taxes) from our securities portfolio.
➡ Dividends received in April represent an increase of +120.39% compared to the same month of the previous year, which were €472.75.
Exchange rate used: 1 USD = 0.9195 EUR on April 28, 2023
Note: the percentages above are calculated using this tool.
April 2023 Overview
During April our portfolio behaved more or less flat, but its value dropped a bit due to the recent sale of the shares of the Warren Buffet and Charlie Munger company, Berkshire Hathaway.
At the end of the month, our portfolio had a decline of -1.39% compared to last month, leaving a value at the end of March of +151.977,6 euros.
Goals achieved
This month we have met one of the financial goals set for 2023.
- Set the yearly contribution of my retirement plan to €1500 ✅
Farewell
This month we also resume the relaxing music channel on YouTube, focusing on lo-fi music to study, work and rest. If you like this type of music we would love for you to subscribe to the channel to help us grow the community and be able to enjoy relaxing melodies that will help you relax and focus on your daily tasks.
We leave you here the links and we thank you in advance 😉
And so far the April 2023 overview, we hope that your portfolios continue to grow and your investments prosper.
See you soon investors!