The first purchase after the drastic drop on the Swiss market due to the SNB move to stop supporting the Swiss franc.
To benefit for a nice dividend and averaging down our position, we bought 510 shares of Swiss Re @ 79.65 CHF, which bring our average price at 81.77CHF.
Based on the UBS analyst as well as the site that I like to use to evaluate my stocks (http://www.4-traders.com), Swiss Re should give a dividend of 6.62 CHF. Which will give gross (before tax) a nice dividend of 7480.60CHF.
Which you imagine will be re-invested.
In a next post, I will update you on the increase of our tax advantage portfolio (3rd pillar), where we had 100K cash. So I will not loose the market opportunity.
see you soon, cheers