After the last weeks’ rally on the stock exchanges, our portfolio has increased substantially in value. The Blue Chip US portfolio created by doitinvest has started from $1,000,000 on April 2nd. At the end of April it has gained already 6,8%, indicating that the timing we have chosen for starting it was a good one. Which proved to be true, since the avalanche of better economical news have kick-started the engine of the US economiy in May.Read More »Update On Our Doitinvest Investment Portfolio no.1 – U.S. Blue Chip Stocks (4)
After the Dow Jones fell to the smallest level since 1997, the investors can find that buying shares of some global icon companies can be cheaper that buying the products of those companies.
One obvious example is the banks sector. As we previously mentioned here on doitinvest.com, Citibank has been basically nationalized by the government which now owns the majority of the ownership. Their share price has crashed to $1 per share, from a maximum of $27 in the last year. Read More »What Does The Latest Stock Market Crash Mean