September 2023 eToro Portfolio Update – PassionForProfit

  • 3 October 2023
  • Posted by: Federica Montella
  • Categories: eToro CopyTrader, Investing
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Hello and welcome to the September 2023 eToro Portfolio Update.

PI Statistics

I am a Cadet Popular Investor.
My eToro username is PassionForProfit.
The risk score of my portfolio is 3, which is very low.
Currently, 14 people are copying my trades.

Portfolio’s Performance

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.

Market Forecast

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.

Asset Allocation

The current asset allocation of my portfolio is:

  • 32% Stocks
  • 60% ETFs
  • 8% Cash

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 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.

Goals

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.

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

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.

Read the full disclaimer

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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.

Partners: Osom One, Vincenzo Stefanini, Federica Montella, Crypto Breaking, Visit Tenerife, White Shop, Soccavo Magazine, Leggo Fuorigrotta, Night Awards, Capodanno Napoli, Come To Dubai