March 2022 eToro Portfolio Update
- 7 April 2022
- Posted by: Vincenzo Stefanini
- Categories: Investing & Trading, Money
Dear copiers and followers, click the link below to watch the video about my monthly portfolio update.
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Let me know in the comments if you like this new format.
In alternative you can find below the full transcript:
Hello, welcome to the March 2022 eToro Portfolio Update.
My name is Vincenzo Stefanini and my eToro username is vincenzost
This is the first time I make a video about the portfolio update.
Let me know in the comments if you like this new format.
March has been a positive month for my portfolio. I made a 6% profit.
So far, this year my portfolio is still negative, but this is normal. As you can see from the past, some months are positive and others are negative. I’m confident that we can still close this year in profit, so please be patient and keep the copy open for the long term.
As I mentioned, March has been a positive month.
This is due to the recovery of the crypto market. In fact, we had a rally of all cryptos last month. This is a good sign.
I also made some small changes to the portfolio in order to increase diversification.
Last month I closed some positions in profit, specifically related to Silver and Gold as they were overbought.
I have sold some stock positions at profit, to reduce the overall exposure.
I have deposited new funds into the portfolio, that could be used in the future for new trades.
I opened new low risk and hedge positions.
Overall, I have increased my cash balance and reduced the exposure to high-risk assets, so that if there is a drop in the market, the drawdown will be minor.
I’m still expecting this year to be volatile for all asset classes, due to inflation, the central banks’ monetary policy changes and the war in Ukraine.
However, I am confident that we can still make a profit.
The recent drop in the market is temporary and I am expecting new all-time highs this year on the crypto market and the stock market.
So, if you are already a copier, it’s better to keep the copy open.
Remember that this is an investment for the long term.
So even if in the short term my portfolio goes down, in the long term my portfolio has always made a profit.
As you might know, in the past months, I have been studying and I passed the exam of the “CISI Level 3 Certificate in Wealth & Investment Management”.
The qualification ensures that I understand the range of assets and investment products that are available in the market and find appropriate solutions to meet the investment, retirement and protection planning needs of my clients.
This is the first step toward my wealth management career.
Because I have been awarded this certificate and I have all the requirements, I have been promoted as an “Elite” Popular Investor on eToro.
This is a great achievement for me and doesn’t affect the people investing in my portfolio.
However, this is a confirmation that all the money invested in the portfolio will be managed properly.
I want to thank all the 470 people investing in my portfolio that have invested in total of around $700,000.
My goals are: to keep the risk score to 5, maintain the portfolio diversification to reduce the drawdown and close this year in profit.
If you liked this video, please press the like button and subscribe to my channel.
If you have any questions, you can contact me on eToro or on my social media accounts.
Follow me for more updates and videos like this.
Hope you have an amazing day.
See you in the next video. Bye.
Vincenzo Stefanini
Popular Investor presso eToro
vincenzost