Monday, November 30, 2020

SOUND BOARD: Etoro Social Investing Update


WOW! 

It's been a while since I have updated this blog. Today is November 30 and it's Bonifacio Day, a holiday, a non-trading day in the Philippines. This is a very special day so I want to celebrate this day by updating this blog. What a weird way to celebrate! Hehehe.

Anyway, I am just happy to share with you that the traders I copied in Etoro are now making profits after experiencing volatility in US stock market. There has been a renewed optimism in the market after news of potential vaccines against COVID-19 came out. 

I will be doing a separate blog on what led me to social investing in Etoro and what led me to "copy trade" Miyoshi, jianswang and MarianoPardo, so please watch out for that.

I started to copy trade Miyoshi in May, and jianswang and MarianoPardo in October. So far, jianswang's cumulative performance in just one month is superb at 14.19%. 

My profits from my initial investment in Miyoshi has always been steady at 4% to 8% since May, but I hope that it will still improve in time for the yearend. Meanwhile, my profits from MarianoPardo are now climbing up and starting to pick up the pace after I suffered a paper loss of at least 4% early in November because of him. Good thing, my investment horizon for social investing is long-term, thus I am not rattled by that temporary drawback in my portfolio. 

In any case, I trust that the trio would be able to sustain their profitable performance given any market condition because they are skillful traders --- precisely that is why I chose to copy trade them. They know what to do!


Etoro Portfolio as of 30 Nov 2020


Etoro newsfeed as of 30 Nov 2020



2 comments:

hanghope said...

Would you recommend investing in Etoro at this time? If not, when would be the best time to join this platform?

Amber Spanktower said...

Yes, I recommend investing in Etoro at this time. Try to open it before this year ends so you'll get to see and compare the YTD returns of the top investors. Copy trade on the first trading day of the year and hold.