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Investment Portfolio – November 2020 Performance
Investing & Trading, Money, Personal Finance

Investment Portfolio – November 2020 Performance

November 2020 Performance

 

📊 This is the latest update about my investment portfolio on eToro.

📊 November 2020 performance: +40.76%

📊 2020 YTD performance: +148.38%

November 2020 was a great month for my investment portfolio: more than 40% profit. I’m currently 148% in profit since the beginning of 2020, which is amazing. I’m really pleased. December can be also a good month. Anyway, I’m already satisfied with what I have achieved this year.

Copiers

In the past few days, 10 new copiers have started copying my portfolio. Now I have a total of 18 copiers.

My Investment Strategy

💹 My investment strategy is for long-term growth (capital increase and protection).

💹 My portfolio is structured to take advantage and grow and protect the capital also during a financial crisis and a global recession (so it’s perfect for the current situation in 2020).

📊 Asset allocation: ~92% on cryptos, ~7% on ETFs and ~1% on stocks.

📊 My portfolio is very volatile, due to the current asset allocation based mainly on cryptocurrencies.

👥 I have more than 430 followers and 18 copiers.

📊 My average risk score of the last 7 days is: 6

💵 Assets under management: about $33,000.

📅 Portfolio active since October 2017 (more than 3 years)

Most of my positions are open for a long time (months or years), but some positions are opened and closed in a few days.

👨🏻‍💻 I manage and monitor the portfolio manually, every day.

📩 I send recurring reports (like this one) to all my copiers and I share them also on my website here.

Copy my investment portfolio

Copy open positions and keep the copy for the long term.

💰 Recommended copy amount: $2000 or more

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Indices

I have closed my long positions on the indices, before the correction that happened at the beginning of September, with a profit of about 60%. Then, I’ve opened new LONG positions on the Nasdaq via $TQQQ (ProShares UltraPro QQQ), at lower prices. Currently, the new positions are in profit of up to 37%.

 

The Nasdaq ($NSDQ100), the S&P 500 ($SPX500) and the Dow Jones ($DJ30) indices are now trading above the September highs and have reached new all-time highs.

All 3 indices are also trading above the 200 moving average, which is a bullish signal.

 

It seems that the sentiment on the stock market is turned bullish, especially after the news of the vaccines. The “Fear & Greed Index” is at 82 (Extreme greed). However, I would still be careful now. I would not buy at these levels. The prices of the S&P 500 ($SPX500) and the Dow Jones ($DJ30) indices are actually just testing the resistance lines. I’m holding my LONG positions and have increased the stop loss on the positions in profit. I will wait for the next drop to buy more at lower prices.

Commodities

Gold ($GOLD) and Silver ($SILVER) are both still trading well below the August highs.

 

 

As mentioned previously, I’m not investing in them directly, but I prefer to invest in mining stocks because I can get a better return in the long term.

In fact, I have 2 LONG positions open on Junior Gold Miners ETF VanEck Vectors ($GDXJ) as the price went almost 30% below the recent high and now is already moving higher.

I have also opened a LONG position on Barrick Gold ($GOLD.BARRICK) which is a gold mining stock as the price went down and it can also be a profitable investment.

I have also opened a LONG position of the Silver ETF ($SLV) because the also the price went 24% below the recent high, and silver can also give a better return in terms of percentage compared to Gold.

 

I’m not planning to open new positions on OIL.

Cryptocurrencies

Bitcoin ($BTC) has reached a new all-time high but has then pulled back and it has been moving sideways. The price is now stuck in a triangle which is narrowing, so the price might break out at any time now, in either direction. The most likely scenario is that it will break on the upside as it looks like a bullish flag to me.

 

However, the Crypto Fear and Greed Index is indicating Extreme Greed, so we need to be careful as a pullback in the short term can also happen, before it continues the trend up. The LONG positions on Bitcoin I have opened in September at $10,000 are now in a great profit (almost 90%).

Currently, about 36% of my portfolio is invested in Bitcoin and 10% on Ethereum. In total, 92% of my portfolio is invested in cryptocurrencies.

Just so you know, I’m HOLDING all my LONG positions on Bitcoin ($BTC) and the other cryptocurrencies, with no stop loss and no take profit, because I believe in the long term growth of this sector. If there will be a drop I will not be worried. I will sell gradually my positions only when I will think that we are reaching the top of this new cycle.

All the other cryptocurrencies have also increased in value in the past days, but they are still trading well below their all-time highs, so I think there is a lot of potential gains for the altcoins.
I am currently holding LONG positions on Ethereum ($ETHEREUM), Ethereum Classic ($ETC), Stellar ($XLM), NEO ($NEO), EOS ($EOS), Cardano ($ADA), IOTA ($MIOTA), ZCASH ($ZEC), TRON ($TRX), Tezos ($XTZ), Binance Coin ($BNB), Bitcoin Cash ($BCH), Ripple ($XRP), Dash ($DASH) and Litecoin ($LTC).

Stocks / Shares

I’m still LONG on $SAN.PA (Sanofi), which is a French company in the Healthcare sector, but I might sell the stock when it gets again back in profit.

I’m holding the LONG positions on Main Street Capital ($MAIN) because it looks like a good stock to get monthly dividends. It pays about 8% per year. I’m planning to buy more of this stock in the future to start building some passive income. However, I have put a stop loss at profit to protect the capital in case there is a new drop.

I’m still holding the LONG positions on Ocado ($OCDO.L) and Apple ($AAPL) because they went more than 20% below the recent highs. They are already up in value. I’m planning to hold them for a while. I have also put a stop loss at profit to protect the capital in case there is a new drop.

Orders, Balance and Deposits

I don’t have any pending orders at the moment. I’m always keeping some cash available on balance to use for future opportunities (currently about 5% of the entire portfolio). I made a substantial deposit in November and a small one at the beginning of December.

Copy my investment portfolio

Copy open positions and keep the copy for the long term.

💰 Recommended copy amount: $2000 or more

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Disclaimer

I’m not a financial advisor.

Any opinions that I publish may be wrong and may change at any time.

You should always carry out your own independent verification of facts and data before making any investment decisions.

If you are unsure of any investment decision you should seek a professional financial advisor.

I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications.

You acknowledge that you use the information I provide at your own risk.

eToro Disclaimer

Please be aware that all trading involves risk. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. This content is for educational purposes only and is not investment advice.

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coinmag

Founder at Osom One Digital Agency. Personal Finance, Investing, Money and Motivation

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