- 1 September 2022
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
My portfolio in August has gone down by 0.46%.
Currently, 14 people are copying my portfolio.
I am a Cadet Popular Investor.
The month of August closed in slightly negative by 0.46%.
So far, this year, my portfolio is still negative, but I’m aiming to close this year in profit.
Last year I made a 7% profit.
Last month, the S&P 500 lost 4.24% and the Nasdaq declined 4.64%.
My portfolio performed better closing the month of August with only a slight decline.
It was the worst August decline in seven years for U.S. stocks. This is because investors are worried about aggressive interest rate hikes from the Federal Reserve.
Historically, for the US stock market, September is a weak month. The main focus of the Federal Reserve right now is to reduce the high inflation and after the Jackson Hole summit the markets have started to fall off and the S&P is now trending below the 50-day moving average. That does not mean that we have to panic and sell everything, but instead, remain calm as I am monitoring the markets and I am adjusting the portfolio accordingly. In the short term, we are going to expect the FED to hike the interest rates by 0.75% at the September meeting.
The current asset allocation of my portfolio is:
- 34% Stocks
- 47% ETFs
- 19% Cash
Based on my forecast and analysis, I continue to make some small changes to the portfolio.
I keep closing some positions in profit, so I am reducing the exposure to equities.
I raised my cash in balance, which I am planning to use to open new short positions on stocks, but I am waiting for the right time.
I am not planning to open new long positions in stocks, at the moment.
I also reduced the portfolio risk score to level 4.
These are my recommendations for copiers and anyone who wants to invest in my portfolio:
- Be patient and remain calm
- Keep the copy open for long term
- Invest at least 1000 USD
If you have less than 1000 USD, you can start with a lower amount now and add more later.
If you can, keep adding funds to the copy every month.
My 2022 goals are:
- To close the year in profit
- Keeping the risk score low
- To become a Champion Popular Investor.
In Summary, last month my portfolio performed better than the US stocks index.
I am making changes to the portfolio to benefit from this bearish trend, which I am expecting to continue for some time.
I keep monitoring the market daily.
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See you in the next video. Bye.
How to copy my portfolio
If you want to invest in my portfolio, please follow these steps:
1. Create a new account on eToro, via the following link https://federicamontella.com/go/etoro/
2. Go to my eToro profile: https://federicamontella.com/go/etoro-passionforprofit/
3. Click on COPY