How Coronavirus (COVID-19) affects my portfolio (Part 2)

This is the second post on this topic (see Part 1). We’re still alive (at least you and me), but to say the least the situation with Coronavirus (COVID-19) is not getting any better. In this post, I’ll share what has changed in the stock market and in my portfolio since the previous post (March 1).

March 9 was the worst day on the stock market since the 2008 financial crisis. All major US indices dropped more than 7% in a single trading day.

March 12 was the worst day on the stock market since the 1987 Black Monday stock market crash. On March 12 the Dow Jones Industrial Average (DJIA) index plunged 10%.

This is how 3 months S&P 500 chart looks:

My plan was to start buying again when the market drops around 20% from the all-time high. To be honest, I was not patient enough and started to buy a bit earlier, just before the March 9 drop 🙂 Then I added more on March 12-13.

The list of ETFs/Stocks that I purchased:

To summarize, here is the table of assets that I acquired during the period Mar 1 – Mar 13.

AssetInvested
Pension Funds € 600
World ETFs/Stocks € 13 791
Estonian Companies (Stocks) € 1 683
Total € 16 074


Overall, my ETFs/Stocks/Bonds portfolio size was € 61 948 in my latest (February) Portfolio Update. The current value of my ETFs/Stocks/Bonds portfolio is € 63 950. Considering the fact that during this period I invested € 15 474 into this portfolio, my paper loss starting from March is (63950 – 61948 – 15474) = 13 472.

I suspect that the biggest drop can be still ahead of us. My next entry target is -30% from the all-time highs. To be able to buy more when/if it happens, I continue to slowly sell my P2P loans and withdraw more funds from platforms.

PlatformAmountTime to sell
Twino € 1 0931-5 minutes
Swaper € 984 1-2 minutes

I also wanted to withdraw a couple of thousands from Mintos, but apparently there are some liquidity issues on the secondary market as I was not able to sell a single loan during the last 48 hours.

As I mentioned in my previous post, I may consider to start selling my EstateGuru loans paying a 2% penalty.

My next buy is 3x Leveraged Toilet Paper ETF!

2 thoughts on “How Coronavirus (COVID-19) affects my portfolio (Part 2)

  • Hi! Thanks for the update.
    I see you have invested in ETF using Swedbank, but in the other post seems you have invested in LHV. May I ask if you decided to switch broker because of some advantange in fees, or because you like to keep eggs in different pots? 🙂

    • Hi Cristin! I mostly use LHV for Estonian stocks. Previously it was cheaper to invest in Estonian stocks through LHV (zero fees).

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