August 2023 eToro Portfolio Update – PassionForProfit

English video

Italian video

Hello and welcome to the August 2023 eToro Portfolio Update.

PI Statistics

I am a Cadet Popular Investor.
My eToro username is PassionForProfit.
The risk score of my portfolio is 3, which is very low.
Currently, 14 people are copying my trades.

Portfolio’s Performance

August has been a negative month for the US stock market.
All three US major indexes closed the month with a loss of around 2% each.
Because of this, my portfolio in August has gone down by 1.89%.
August is historically a weak month for investments due to the lower trading volume during the summer holidays.

Market Forecast

The latest US inflation data has shown a small increase compared to July’s number and this could be the reason why the Federal Reserve may hike the interest rate once again at the next meeting on 20 September.
Closely watched is also the job market that remains strong in the US based on recent data.
Investors, however, are expecting a no-interest rate increase by the FED this month.
The stock market will be highly influenced by the next Federal Reserve monetary policy action that could lead to a stock rally or a drop.

Asset Allocation

The current asset allocation of my portfolio is:

  • 25% Stocks
  • 50% ETFs
  • 25% Cash


These are my recommendations for copiers and anyone who wants to invest in my portfolio:

1. Be patient and remain calm
2. Keep the copy open for long term
3. Invest more than 2,000 USD

If you have less than 2,000 USD, you can start with a lower amount now and add more later.
Now is a good time to start investing in my portfolio if you are new, or you can add more funds to your copy if you are already a copier.


My 2023 goals are:

  • To close this year in profit
  • Keeping the risk score low
  • To become a Champion Popular Investor

Get in touch

I would like to take this occasion to thank all my copiers for your trust.
Thank you for watching this video.
Please subscribe to my channel and press the like button.
If you have any questions or feedback get in touch via email or social media.
See you in the next video. Bye.

Federica Montella
eToro Popular Investor

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
2. Go to my eToro profile:
3. Click on COPY

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Author: Federica Montella
eToro Popular Investor, food lover and blogger. Stock trader and Popular Investor at eToro. I am on a mission to find the best restaurants and food to eat.