February 2023 eToro Portfolio Update

Video with English Audio

 

Video with Italian Audio

 

Video transcription

Intro

Hello and welcome to the February 2023 eToro Portfolio Update.
My eToro username is PassionForProfit.

Macro stats

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

Annual performances

My portfolio in February has gone down by 0.36%.

Monthly Update

Last month has been negative for the US stock market. All three major US indexes closed in negative in February.

Investors’ sentiment, however, remains greedy, despite the Fed’s restrictive monetary policy to fight high inflation.
In February, the Dow Jones dropped 4.20%, the S&P 500 lost 2.61% and the Nasdaq closed in negative at -1.11%.

My portfolio performed better that the major indexes because I have some short positions open.

Forecast

At the moment, the US stock market is influenced by high inflation and the Federal Reserve’s action to combat it. The latest economic data in the US have shown a strong economy.
CPI and PPI went up more than expected. Retail sales rose to the biggest monthly percentage in almost two years. The labour market remains strong.

Investors are worried that since the economic data are still robust, the Federal Reserve will increase interest rates for longer than expected.

Asset Allocation

The current asset allocation of my portfolio is:

  • 23% Stocks
  • 43% ETFs
  • 34% Cash

Strategy Update

Last month I closed in profit some short positions.
I have mainly long positions in stocks open in my portfolio.
I have some cash in my balance, which I will use to open new positions at the right time.
The risk score of my portfolio remains at level 3.

Recommendations

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 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.

Goals

My 2023 goals are:

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

Summary

In Summary, last month my portfolio closed slightly down.
The portfolio risk score is low and remains at level 3.
I am expecting 2023 to be a positive year for my portfolio.
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.

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
PassionForProfit

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

eToro Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. {etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Crypto Investing Risk Warning

Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Read the full disclaimer

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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.