- 1 February 2024
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Hello, copiers followers and etorians!
This is the monthly update on my investment portfolio:
- January 2024: -0.05%
- 2023 : +11.34%
- The risk score of my portfolio is 5
- Currently, 12 people are copying my trades.
The portfolio has remained stable during January.
Yesterday was a negative day because of the speech of the Federal Reserve’s chairman, Jerome Powell, who announced steady interest rates but no rate cut in March (which was largely expected).
The market has negatively reacted to his words, otherwise, my portfolio would have closed the month in profit.
I will continue to monitor the financial markets daily and implement my strategies for the long term.
Asset Allocation
The current asset allocation of my portfolio is:
- 40% Stocks
- 23% ETFs
- 37% Cash
Just so you know, the above asset allocation is temporary.
The cash in balance will be used to open new trades, as I am expecting a bullish year.
I am allocating my portfolio to ETFs, tech stocks and also crypto mining stocks.
Recommendations
These are my recommendations for copiers and anyone who wants to invest in my portfolio:
- Invest more than 2,000 USD
- Keep the copy open for long-term
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.
Goals
My 2024 goals are:
- Outperform the S&P 500
- Keeping the risk score to medium
- To become a Champion Popular Investor
I want to take this occasion to thank all my copiers for your trust and invite you to consider investing in my portfolio (if you have not done so yet).
Bye.
Federica Montella
