November 2023 eToro Portfolio Update – vincenzost
- 11 December 2023
- Posted by: Vincenzo Stefanini
- Categories: Investing & Trading, Money
This is the November 2023 eToro Portfolio Update.
Table of Contents
eToro Summit and ADFW
First of all, apologies for the delay in providing this monthly update.
I attended the eToro summit and the Abu Dhabi Finance Week (ADFW) in Abu Dhabi between the end of November and the beginning of December.
Then I travelled to Dubai and other cities in the UAE via cruise, in the following days.
It’s been amazing attending the eToro summit.
I had the chance to meet other popular investors from around the world, meet the eToro CEO and analysts.
I also had the chance to listen to famous speakers like Ray Dalio and Jamie Dimon.
Now I am back home in Tenerife (Spain) and actively trading.
PI Statistics
I am a Champion Popular Investor at eToro, waiting to be upgraded again to Elite, once I reach the minimum amount of AUC.
My username is vincenzost.
Currently, about 260 people are investing in my portfolio.
I am managing a total of around $350,000.
The risk score of my portfolio is 4, which is good.
In the past 2 years, my portfolio has made about 116% profit, which is great!
Portfolio’s Performance
November has been a very positive month for stocks and cryptos.
My portfolio closed the month with a profit of 7.37%.
This has been my second best month this year!
The current month of December is already in a great profit of almost 8%.
The year-to-date return of my portfolio is more than 15%.
Market Forecast
I remain very bullish on cryptos.
December is also historically bullish for both cryptos and stocks.
The Bitcoin halving is going to happen in the next 4 months. Time is running out.
Multiple Bitcoin Spot ETFs are going to be approved soon in the US, before the halving.
Also, an Ethereum ETF should be approved.
This will allow also institutions to invest in Bitcoin and increase its adoption.
That is great news.
More regulations are coming, which is positive and big companies like Microstrategy are continuing to invest in Bitcoin.
We are already in the new bull market which will continue in 2024 and 2025.
So, NOW is the time to buy and accumulate for the long term, don’t wait. I have been telling you for months.
Asset Allocation
The current asset allocation of my portfolio is as follows:
- 50% Cryptos (increased compared to last month)
- 11% ETFs (decreased compared to last month)
- 4% Stocks (decreased compared to last month)
- 35% Cash in balance (decreased compared to last month)
Portfolio’s Strategy
I am gradually optimizing the portfolio.
I have closed in profit some positions in stocks and ETFs and I have opened new positions.
I am increasing my exposure to cryptos and altcoins.
I am also adding some positions on crypto mining stocks.
This rebalance will make sure that we will profit in the best way in this new crypto bull market.
If you are already a copier, keep the copy open and add new funds to the copy every month.
Remember that this is an investment for the long term, for at least the next 2 years.
If you are not copying my portfolio, now is a great time to start investing.
I recommend investing at least $2,000. If you have invested less, consider adding more funds to the copy now.
Goals
My goals for this year are:
- to keep the risk score low
- post regularly on my eToro feed and my social media
- to close the year in profit
- increase the assets under management to over $500,000
Contacts
If you have any questions, you can contact me on eToro or my social media accounts.
Follow me for more updates like this.
Hope you have an amazing day.
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://www.vincenzostefanini.it/goto/etoro/
2. Go to my eToro profile: https://vincenzostefanini.it/goto/etoro-vincenzost/
3. Click on COPY