Investments #33/364
I’ve come back after 2 months break and deposited another $220. Just to remind that my strategy is to make 364 weekly deposists of $200-$200. It will result in around of $80k of contributed capital + I plan to have another $20k of revaluation gains and dividends. My current balance is $7.3k, but I believe in small steps approach…
This time I decided to buy VALE ( $Vale SA (VALE.US)$ ) shares. VALE S.A. is a Brazilian company engaged in metals and mining. VALE is the largest producer of iron ore and nickel in the word.
I believe that iron ore and nickel will stay in demand for the next 20-30 years, and the Group should have sufficient cash flows to cover current value and earn extra money for shareholders. Current dividend yield is 13% which is not bad 😊
![Investments #33/364](https://sgsnsimg.moomoo.com/sns_client_feed/104331903/20240820/054ebce2cbe325fda04aeb078228444e.jpg/big?area=101&is_public=true)
![Investments #33/364](https://sgsnsimg.moomoo.com/sns_client_feed/104331903/20240820/31703c0c593eb2691c8cacd98d5d9c3a.jpg/big?area=101&is_public=true)
![Investments #33/364](https://sgsnsimg.moomoo.com/sns_client_feed/104331903/20240820/e265ae50cb681d33906c4da4633b8fbb.jpg/big?area=101&is_public=true)
![Investments #33/364](https://sgsnsimg.moomoo.com/sns_client_feed/104331903/20240820/76c50dd0cdc61268513c1440dbae3fad.jpg/big?area=101&is_public=true)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment