- 3 October 2023
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Hello and welcome to the September 2023 eToro Portfolio Update.
September has been a negative month for the US stock market.
All three US major indexes closed the month with a loss, in fact, the S&P 500 closed at -4.87%, the Nasdaq -5.81% and the Dow Jones -3.49%.
Because of this, my September portfolio has decreased by 2.38% but has performed better than the big US indexes.
September is historically a weak month for investments.
The next three months of the year are usually positive for trading.
The latest US inflation data has shown a small increase in the last two months and the job market remains strong that’s why the Federal Reserve has announced a potential new interest rate hike before the end of the year which could lead to high volatility in the financial markets.
The stock market sentiment is in Fear mode and I will add new long positions to my portfolio, so I can take advantage of the low prices.
The current asset allocation of my portfolio is:
- 32% Stocks
- 60% ETFs
- 8% 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.
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