December 2023 eToro Portfolio Update – PassionForProfit
- 3 January 2024
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Happy New Year everyone!
My 2023 has been full of new experiences, joy, good memories and professional growth, especially during the eToro Popular Investor Summit in Abu Dhabi where I had the opportunity to learn from other popular investors and big names in the world of finance such as Ray Dalio.
I am grateful for that, it has been an amazing event.
I hope 2024 will be an even better year with happiness, health success and more personal and professional growth.
I will continue to monitor the financial markets daily and implement my strategies for the long term.
Now, let’s dive into my portfolio’s performance:
- December 2023 +7.49%
- 2023 +11.34%
- The risk score of my portfolio is 3
- Currently, 13 people are copying my trades.
Asset Allocation
The current asset allocation of my portfolio is:
- 15% Stocks
- 12% ETFs
- 73% Cash
Please note that the above asset allocation is temporary.
I decided to take profit at the end of 2023 by closing multiple positions, but the large cash in balance will be used in 2024 to open new trades, as I am expecting a bullish year.
I will be 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 low
- 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