February 2023 eToro Portfolio Update
- 1 March 2023
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
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
