Hello dear readers! With this blog post I want to give you again a short update regarding stock purchases in May 2021. This time it's all about my venture positions. Have fun reading!
Stock purchases May 2021
The cash build-up actually worked out quite well in May, which was partly due to the income from options trading. Nevertheless, I have invested a little bit, namely about 1.360 EUR in two stocks. One was a repurchase and I also added a new venture position to the portfolio.
The Trade Desk
The Trade Desk (TTD) has already been in a downward trend since December when the ATH was reached, like some other tech and growth stocks. At the end of April, the stock went down another 30% within 14 days and my initial price slowly came back into sight. I then decided to double my previous two shares and to add two more shares of TTD to my portfolio. The purchase price was not exactly the low point of the dip, but all in all quite ok. I bought the two new shares at 520,37 USD per share. So in total ~1.041 USD or the equivalent of ~856 EUR. TTD now has a weighting of about 1.60% in the stock portfolio.
Vulcan Energy Resources
While screening for new stocks, I came across Vulcan Energy Resources (6KO) back in March. The company, listed in Australia and headquartered in Perth and Karlsruhe, specializes in the extraction of carbon free lithium. The topic is overall very exciting as an investment idea. So I put 100 shares at 5,02 EUR into my portfolio, knowing that this is a certain hype and that the investment is also to be considered highly risky within my venture portfolio. Therefore, as always, no investment recommendation!
I have several brokers for my stocks, but the majority are German ones, so European readers of my blog cannot register there. As you may know I'm very transparent about the income I receive if you use one of my * affiliate or referral links. Most of the time there is a bonus for you, but never ever costs!
Degiro is my second largest broker. A while ago they did a fusion with the German broker flatex, and it's now the biggest broker in Europe. You can trade already from 0,50€ directly on the NYSE or other US stock exchanges. Also, I trade European options there.
If you use my link* and register an account on Degiro you get a refund of 20€ transaction credit. You only need to spend 20€ transaction credit within 3 months. If you do so, and only then, I have also the possibility to get a refund.
About new projects on Twitter, Instagram and Facebook
On my own behalf, I would like to mention that I also present new projects on Twitter (kaph1016) and Instagram (investdiversified) in which I invest myself. Also, on Facebook I have a page. There are also a few insights into how I invest in other areas. So just follow me :).
*Some links in my posts are affiliate or referral links. That means I get a little bonus. For each of those who use these links, however, there are no costs or other disadvantages. On the contrary, there is usually a start bonus or cashback. So if you use these links, you support my blog and for that I say thank you in advance!