This Month was very successful in terms of investing profits, I was able to realize three positions whereas one of them was already some month old so this also decreases our employed capital a lot.
Our M&A Investment, which was introduced back in June, was now ready to be realized as the sale of LNKD to MSFT is on the finishing line and was also approved by the European commission.This leads to a nice profit of 286 EUR. The position of the Nintendo Classic Mini’s was a very fast and nice Investment due to the hype created mostly by low supply from Nintendo, I could realize a profit of 103,7 EUR with this Investment.
The last position which I also closed was the SPXL- Investment directly after the presidential election in the US, due to the strong market break down right after the election and the following Rallye up to new highs a quick profit of 240 EUR was possible.
Update on other open positions:
The blue earth coins are still not sold out, so we keep them for some more time, the 3EUR Animal Series look very good and I intend to keep them some more month as they have a very low amount of employed capital and a good chance to make us more profit. EUR/USD is on the rise after an important vote in Italy on the weekend – this is still a good position to hold. The Parley tricots were actually not planned as Investment but as I was not able to grab the parley boots and the tricots also fulfilled the basic investment criteria I made a small buy. Some of them are already sold out – so it looks good. For the last position, the various small investments I tried out something new which I am going to introduce shortly.
November 2016 monthly investing income report: