Investment Portfolio #2 – Welcome to 2015

Finally the second instalment of Investment Portfolio. It has been awhile since the last and not THAT much have changed, except it is 2015 and I sold my two major oil investments, LUPE & AOI. Both at a substantially worse rate than they were valued at in my last report.

Africa Oil (AOI) I sold at a 75%, or thereabout, loss.
Lundin Petroleum (LUPE) was sold at a ~70%  profit, compared to 91%+ during the last report.

I should have sold both at least a week earlier but procrastinated. I do believe in both in the old term but the market can remain fickle for long, especially considering the macroeconomic realities that have plagued the end of 2014 and are likely to continue into 2015.

Without further ado, my investment portfolio as of 2015-01-04:

NameSymbol% of totalChange % since purchase
Change % since last report:3.12%
ABB LTDABB7,25%28%
ATLAS COPCO BATCO-B11.59%119%
BILLERUD KORSNÄSBILL4.90%-
ENQUESTENQ0.35%-60%
ERICSSON BERIC-B2.75%36%
ETRIONETX0.04%71%
HANSELSBANKEN ASHB-A24.02%-
NORDEANDA-SEK7.18%-
SANDVIKSAND0.55%31%
VOLVO BVOLV-B1.24%16%
Handelsbanken Sverigefond-40.13%102.16%

Banks are still the biggest investment by far. The portfolio has become a lot less diverse since selling LUPE and AOI, especially considering I have not reinvested the money yet.

All in all, the remaining investments have increased by 3.12% Which isn’t terrible but all in all, not a great end to 2014 but could be worse. I am still 100% in on the Stockholm stock market, perhaps it is time to diverse shares outside Sweden. I am looking at some US stock as well as something like a EU-wide Index fund or something like that.

Onward and upward in 2015!

-P

Leave a Reply