Hello guys,
Welcome back to all of you!
It is time to make a performance check and even some changes to the two model portfolios.
In case you don’t know, here you can read the introduction to the two portfolios:
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This week has been very tough from several point of view: most of all from a human point of view!
It is always sad and poignant to see war scenes like the ones we are witnessing in Ukraine.
I really hope that war can end soon, but I am skeptical right now. The diplomacy didn’t work so far, and I see very low chances to see the conflict to end shortly.
Of course the Russian invasion of Ukraine has big implications on markets too.
Investors are now more risk averse, and investing mainly on safe havens.
That’s the reason why assets like government bonds, USD and Gold are going up. On the other side stocks are reacting in a mixed way: U.S. and Asian markets seems slightly less affected by the confict, while European stocks have been hit in a more severe way.
Of course Russian markets are falling apart, together with the Ruble.
As geopolitical tension remains very high, I will make a change to the asset allocation of both portfolios.
BALANCED PORTFOLIO
First let’s give a look to the performance of the portfolio.