November 2024 eToro Portfolio Update (PassionForProfit)
- 2 December 2024
- Posted by: Federica Montella
- Categories: eToro CopyTrader, Investing
Hello copiers, followers and eTorians!
This is the monthly update on my investment portfolio:
- November 2024: +27.35%
- YTD: +67.56%
- Risk score: 6 (medium)
- Currently, 19 people are copying my trades
November has been the most profitable month since I started my trading journey on eToro in May 2021.
An amazing performance of +27.35%.
It outperformed the main US big indexes such as the S&P 500 and the Nasdaq 100 which closed with +5.7% and +6.21% respectively.
November has been a very positive month for both the US stock market and the crypto market. The rally has been driven by the re-election of Donald Trump as the next US president and the Federal Reserve rate cut.
Bitcoin has reached an all-time high again and many investors believe that it will reach $100K by the end of this year.
Asset Allocation and Strategy Update
The current asset allocation of my portfolio is:
- 38% Stocks
- 24% ETFs
- 14% Crypto
- 24% Cash
The risk score has remained at level 6 for the whole month.
The cash in balance is necessary to keep the risk score at a medium level, but I will use it when it is necessary to buy assets at low prices.
December, in my opinion, is going to be another positive month and based on history stocks and crypto will likely go up as it will take into effect the so-called “Santa Rally”.
I will continue to monitor the financial markets daily and implement my strategies for the long term.
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 still 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
Get started now
If you want to join, create a new account on eToro via this link and visit my eToro profile.
