Q1/2017 was pretty much what I expected it to be. Markets moved mainly sideways and dividend income was slightly better than expected, some of that is explained by delayed registration of Q4/2016 dividends.
Dividends received during first quarter year over year in EUR (before taxes).
It’s getting increasingly difficult to find decent valuations especially to initiate new positions. I’ve been still considering hydrogen energy as a potential new position. Originally I was looking into automotive sector with hydrogen capabilities but lately I’ve been considering supply chain position (namely NEL in Oslo exchange). It’s a sector I’m still struggling with but might initiate a position if the price is right.