Monthly Archives: June 2019


Our weighted average return in May was -5.69%. Since 2015, we have generated a net return of +27.73%.

In terms of investment strategy performance, our weighted average net returns for May were (a) -0.33% for conservative strategies, (b) -5.51% for balanced strategies, and (c) -8.21% for aggressive strategies.

May was a difficult month. At the start of the month, US President Donald Trump announced that contrary to all hopes and expectations, the US would in fact be going ahead with their tariffs on Chinese imports. All risk assets sold off on this news. Trump’s decision to go after Chinese technology company Huawei led to a particularly sharp selloff in the technology components and semiconductor space. Then, on the very last day of the month, Trump also threatened Mexican imports with tariffs. Thankfully, these tariffs were cancelled a couple of weeks later and risk assets have been recovering in June. In May, the S&P 500 lost -6.58%, the Dow fell -6.69%, the NASDAQ shed -7.93% and the Russell 2000 closed down -7.90%. International equities also took a hit. Japan was off -4.87% while German markets lost -6.53% and Chinese large caps fell -9.26%.

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Par atšķirībām

Es nesen gāju pirkt jaunu televizoru un nevarēju saprast, kuru izvēlēties. LED vai OLED, Full HD vai UHD, 4K, 5K vai 8K… kāda atšķirība?

Ja kādreiz televizors bija liels pirkums, kas tev kalpotu ilgus gadus, tad mūsdienās cilvēki tos maina tikpat bieži, cik viedtālruņus. Tas, kas kādreiz bija ieguldījums, arvien vairāk sāk līdzināties parastai patēriņa precei. 

Bet, ja par televizoru var teikt “kāda atšķirība?”, tad par finanšu ieguldījumiem tā noteikti nevar. Šeit ir dažas svarīgas lietas, kas ir jāņem vērā, runājot un domājot par investīcijām.

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