My Own Portfolio : My Passive Income Report Out March 2019

Good morning from the sky above the Atlantic Ocean. Sunday morning and we listen to Garry Davis “Global and Australian Stock Market Update 28/4/19” with a review of the US Market All Time Highs.

We are still in Bull Market but markets can change quickly. Tactics are critical in the coming months. Be prepared to change quickly if the evidence supports it. However the trend in the USA is still intact and there’s still cash at the side lines. Inflation hasn’t risen as expected and the FED didn’t tighten the interest rates yet. In a Bloomberg Business magazine article with the title “Who killed inflation”, it is discussed that the lack of price pressures has turned central banks into political punching bags.

When central banks will be forced to raise interest rates, then the situation could change quickly. Higher inflation will likely kill the bull market…wait for the moment. Now the odds favour this rally continuing well into 2020 or beyond.

In Belgium people keep on focussing on investments in real estate. Never before were so many real estate transactions executed as in the first quarter of 2019. And never was the price of an apartment so high.

The current interest rates remain low and Belgians keep on investing in real estate driving prices sky high. Eight % more real estate has been sold compared to last year.

The number of mortgages for the purchase of a house or apartment was never so high. For a house the average price was 253.904 euro. During the period of 2014-2019 this average price increased with 27.000 Euro (or 11,9%).

In Flanders the average price is 10% higher than the national average (279.277 euro, +0,7 procent). For an apartment you pay in Belgium 221.656 euro. Never before the price was so high. This is a record level.

Belgians are born with a brick in their stomach. The majority has no knowledge about investing in paper assets and are afraid of the stock (or forex) market. So what happens…real estate is the only asset where people invest in as they believe prices can never go down…

So let’s move on to our own Market Analysis.

Market Analysis

When we analyse the performance of the SPY (screenshot 28 April) there’s no difference compared to last month. The trend is YOUR FRIEND ! We can clearly see that the SPY continues the trend. Last month we wrote “can we attack” the All Time highs and now we are AT ALL TIME HIGHS. A historic moment for investors and a great moment to capture on our blog.

Below you can find a 2 year chart of the SPY.

Technology remains the main driver for this continuation. We are seeing new IPO’s of tech companies to collect money from investors to fuel their potential growth. Now there’s also an expected Treasury receipt surplus. You can have an opinion about President Trump’s personality but it’s hard to argue his current economic track record. Look at the performance of the S&P and the economic growth since he became President.

Let’s dive in the numbers of my March Passive Income Income Report.

My Passive Income in March 2019

In March 2019 we received a total of 470,58 $ passive income. Cash we received while we were sleeping. We received dividend income from our ETFs and we didn’t do any options trades.

Below you see the monthly summary overview of the cash flow coming into my bank account.

The Euro/Dollar trend

We keep on following the EURO/USD valuation. Same story as last month. US dollar getting stronger. Do you also see a clear downtrend on the EUR/USD ? Look at the lower highs each time…

The Euro is getting weaker as expected.

Going forward

May will be an exciting month filled with some trips for business and leisure. In addition we will focus on our forex learning and take some options selling positions in our own portfolio. We have now 11% of our yearly objective after 3 months.

Am I worried whether we will achieve our yearly objective ? Not at all, we are building the skill set to achieve this.

This is the end of this blog post.

In 2019 we will send out ONE newsletter per month to our blog followers. Life can be busy sometimes and people lose track of following a personal finance and travel blog. Subscribe and you will get one email per month highlighting what you missed…

I realize I haven’t send out any newsletter yet but will try to do so for the May time frame.

Thanks for following us on Twitter and Facebook and reading this blog post. We end with a quote as always.

Source : De Tijd

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My Own Portfolio : My Passive Income Report Out March 2019