July 2022 eToro Portfolio Update

 

Hello and welcome to July 2022 eToro Portfolio Update.
My eToro username is PassionForProfit.

My portfolio in July has gone up by 0.58%.
Currently, 13 people are copying my portfolio.
I am a Cadet Popular Investor.

The month of July closed in positive with a profit of 0.58%.
So far, this year, my portfolio is still negative, I’m expecting to close this year in profit.
Last year I made a 7% profit.

July was the best month, so far this year, for the S&P 500 Index and also for my portfolio.
Since the beginning of 2022, the investor’s sentiment has been very bearish, stocks dropped significantly and they reached oversold conditions.
Those were the perfect conditions for a relief rally, which is what happened in July.
Tech stocks specifically performed well in July.

August is usually a very weak month due to holidays and low trading volume.
Also, since stocks performed well in July, we can expect a pullback in August.
However, the main drivers of the market are inflation data and the FED policy decisions.
Investors are expecting that the Federal Reserve will slow down the rate hikes at the next meeting in September, which is also why the market rallied last month.

The current asset allocation of my portfolio is:

42% Stocks
51% ETFs
7% Cash

Based on my forecast and analysis, I continue to make some small changes to the portfolio.
I am gradually closing some positions in profit, so I am reducing the exposure to equities.
I also closed some negative positions, in order to reduce the portfolio risk.

These are my recommendations for copiers and anyone who wants to invest in my portfolio:

– Be patient and remain calm
– Keep the copy open for long term
– Invest at least 1000 USD
If you have less than 1000 USD, you can start with a lower amount now and add more later.

My 2022 goals are:
– To close the year in profit
– Keeping the risk score to 5
– To become a Champion Popular Investor.

In Summary, July has been a positive month, in August I expect low volatility in the market but I am monitoring the asset prices on a daily basis.

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
Popular Investor presso eToro
PassionForProfit

 

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.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

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.

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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.