- 16 April 2020
- Posted by: Vincenzo Stefanini
- Category: Investing & Trading
?This is the latest update about my investment portfolio on eToro.
Table of Contents
My Investment Strategy
? My investment strategy is for long-term growth (capital gain). ? My portfolio is structured to protect and grow the capital also during a financial crisis and a global recession (so it’s perfect for the current situation in 2020). ? Right now I’m SHORT on US Indices $SPX500 $DJ30 $NSDQ100, but I will be LONG when the long term trend will change. ? I’m LONG on safe-haven commodities: $GOLD and $SILVER ? I’m LONG on $OIL ? I’m LONG on all the 16 cryptos available on the platform: $BTC $BCH $ETHEREUM $XRP $DASH $ETC $LTC $XLM $NEO $EOS $ADA $MIOTA $ZEC $BNB $TRX $XTZ ? Asset allocation: 94.51% on cryptos, 2.97% on ETFs, 1.57% on commodities and 0.95% on stocks. ? My portfolio is very volatile, due to the current asset allocation based mainly on cryptocurrencies. ? April’s performance (to date): +4.71% ? I have 175 followers and 6 copiers. 7️⃣ My average risk score of the last 7 days is: 7 ? Assets under management: less than $50,000 ? Portfolio active since October 2017 (almost 3 years) ⏳ Most of my positions are open for a long time (months or years), but I’m going to do more short term trades going forward. ??? I manage and monitor the portfolio manually, every day. ? I send a monthly report to all my copiers and I share it also on my website here.
Indices
? I’m currently SHORT on the Nasdaq via $SQQQ (ProShares UltraPro Short QQQ), the ETF that provides three times the inverse exposure of the daily performance of the NASDAQ 100 Index. I didn’t find on eToro the ETFs to short also the S&P 500 and the Dow Jones.
Commodities
? I’m currently LONG on $SILVER and I’m waiting for the $GOLD to go down to open a LONG position. ? I’m also LONG on $OIL, via the ETF $USO, because I believe that the demand for Oil will increase again when the Coronavirus crisis will end. Oil is currently down about 60% from the high in January, so it’s a great opportunity to invest in this for the long term, in my opinion.
Cryptocurrencies
? I’m currently LONG on all the 16 cryptos available on eToro: $BTC $BCH $ETHEREUM $XRP $DASH $ETC $LTC $XLM $NEO $EOS $ADA $MIOTA $ZEC $BNB $TRX $XTZ The Bitcoin halving will happen in less than 1 month and I’m expecting the price of Bitcoin and all the Altcoins to go up. ? I’ve been accumulating cryptocurrencies since 2017.
I tend to avoid investing in a single stock because I prefer to diversify the risk and rather invest in an ETF tracking an Index. ?⚕️ However, I’m currently LONG on $SAN.PA (Sanofi), which is a French company in the Healthcare sector, because it might be one of the companies that might find the vaccine for the Coronavirus. I might be wrong on this, so I’ve invested only a small percentage on this stock, to reduce the risk of loss.
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