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33% Club

I’m Increasing my Monthly Investment: 33% Club

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Today I transferred 40 000 NOK (5 000 USD) to my broker platform to invest in a new asset for September as a part of the 33% Club. My current investments have done fine, but I saw a drawdown for “Funcom” which is now in minus 1 329 NOK. My Norsk Hydro investment has given a 12,30% return which is quite staggering. I read Funcom’s latest financial report, that you can find here, which was a good read:

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1H17 is the most profitable half-year period ever in Funcom’s history.

However, they have exercised options and there are some concerns regarding their ongoing profitability if the sales decline of e.g. Conan Exiles. This stock is a small cap stock and is volatile. I’m therefore unsure if I want to keep investing in Funcom or if I actually want to sell with a loss and find another asset to invest in. Your comments might sway me in the right direction.

I have not found a new asset I want to invest in just yet, but I’ll write a new post once I do and when I have invested the new 40 000 NOK that I transferred today. I can reveal that I’m looking into other gaming companies and Lithium based companies.

Date Invested Investment in NOK Invested in Name Current Total Value in NOK Total invested Difference
27.04.2017 10 000 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 10 072 10 000 +72
09.05.2017 31 564 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 41 504 41 564 -64
08.06.2017 25 782 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 67 740 67 343 +397
05.07.2017 30 000 Stock Funcom 103 536 97 343 +6 193
15.08.2017 34 700 Stock Norsk Hydro 135 413 132 343 +3 070

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4 Comments

4 Comments

  1. Titanbooker

    September 12, 2017 at 5:06 pm

    Instead of picking the right winner stock, I would invest some time in this here: https://www.ifa.com/indexfundsthemovie/

    I have the conviction the stock picking part is pure chance in almost perfectly efficient markets. Just if you have additional inside information but that is illegal in most situations.

    • Jonas Borchgrevink

      September 12, 2017 at 5:55 pm

      You are totally correct. I do want to invest in index funds, but I’m waiting until we have a new recession to find a good entry point. I believe most indexes are overvalued at the time being.

  2. Titanbooker

    September 12, 2017 at 8:19 pm

    If we’re correcting or even crashing again, small caps like the suggested one tend to be hit hardest. As well, market timing I believe is another illusion in stock markets. I personally feel we’re overvalued as well but why not another leg up of 40% and correct from there 20%? Most said the same thing and held back at the beginning of the year, see where we are now… Just my 5 cents, best to act like a computer and simply rebalance on a regular basis – emotions aside…

  3. felix

    September 26, 2017 at 11:12 am

    Hi Jonas,

    any news about Funcom?, did you sell your stocks?

    Best,

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33% Club

33% Club: Bought This Stock and Transferred $6 250

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As most members know, I’m investing 33% of my monthly income in “safe investments” that I have a longterm belief in. My September investment was made today in KCAP.

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This stock has one of the highest dividend payouts I’ve seen, and their paying out 0.12 USD today. This company has strong financial fundamentals and has been profitable for quite a while. Should be a “safe” investment for the long term.

I’ve also transferred 50 000 NOK to my investment account to use as my October investment. That’s approx. $6 250 (1 USD = 8 NOK).

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My Funcom investment is the only investment that has turned negative this year, I’m still going to hold it for a couple of more months and then I’ll reassess the investment. Here’s my current holdings:

 

Date Invested Investment in NOK Invested in Name Current Total Value in NOK Total invested Difference
27.04.2017 10 000 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 10 072 10 000 +72
09.05.2017 31 564 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 41 504 41 564 -64
08.06.2017 25 782 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 67 740 67 343 +397
05.07.2017 30 000 Stock Funcom 103 536 97 343 +6 193
15.08.2017 34 700 Stock Norsk Hydro 135 413 132 343 +3 070
05.10.2017 38 117 Stock KCAP Financial, Inc. (KCAP) 175 655 172 343 +3 312
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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33% Club

My August Investment for the 33% Club

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After a hectic month where we FINALLY moved into our new home, I’ve decided to invested in a new asset as a part of the 33% Club. I chose to invest in Norsk Hydro, a Norwegian company that produces aluminum (on of the largest in the world). I was thinking of investing in Statoil, a Norwegian oil company, but I decided not to as the Oil price is still unstable. The stock price of Norsk Hydro has been doing well lately, see the graph below, due to the increase in aluminium price.

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Stock Price of Norsk Hydro

 

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My result so far

Date Invested Investment in NOK Invested in Name Current Total Value in NOK Total invested Difference
27.04.2017 10 000 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 10 072 10 000 +72
09.05.2017 31 564 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 41 504 41 564 -64
08.06.2017 25 782 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 67 740 67 343 +397
05.07.2017 30 000 Stock Funcom 103 536 97 343 +6 193
15.08.2017 34 700 Stock Norsk Hydro 137 997 132 343 +5 654
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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33% Club

33% Club: August Investment Pending Transfer

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It’s that time of the month where I’m transferring approximately 33% of my income from the last month to be invested in an asset I feel is both secure and has potential to gain value. You can see my previously investments in the table below. Since I started I’m almost up $1000 on the 4 investments I’ve made.

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This is a part of the 33% Club on Workplace where we have more than 43 members who have invested 300 000 USD in assets they feel have the most potential (look for the group 33% Club). We have all taken a pledge to invest a certain amount of our income each month in an asset each member choose for himself.

I’m going to invest in a stock I believe in, which have taken quite a beating recently due to the decline in oil demand. It is a Norwegian company that is also involved in renewable energy, and I believe they will shift more focus towards that area (as the Oil-age is coming to an end).

I’ll share my new investment in a few days.

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My Investments so far

Date Invested Investment in NOK Invested in Name Current Total Value in NOK Total invested Difference
27.04.2017 10 000 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 10 072 10 000 +72
09.05.2017 31 564 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 41 504 41 564 -64
08.06.2017 25 782 Corporate Bond Fund Deutsche Invest I Eu Hi Yld Corp LC 67 740 67 343 +397
05.07.2017 30 000 Stock Funcom 103 536 97 343 +6 193
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.



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