Rhys Adams @adams302: "Hi Ladies and Gentlemen, Guys..."

Australia

Hi Ladies and Gentlemen, Guys and Girls! This post is for those of you out there who may be new to Etoro, or have recently started following my portfolio. I thought I would do a post to summarise frequently asked questions as well a quick overview of the portfolio and our goals. 𝟭) 𝙃𝙤𝙬 𝙢𝙪𝙘𝙝 𝙩𝙤 𝙘𝙤𝙥𝙮 𝙬𝙞𝙩𝙝? - This will vary from person to person as it depends on your own situation. I would recommend starting with at least $500 to capture all positions, from there adding funds if you are happy with the portfolio. 𝟮)𝙃𝙤𝙬 𝙤𝙛𝙩𝙚𝙣 𝙖𝙣𝙙 𝙬𝙝𝙚𝙣 𝙨𝙝𝙤𝙪𝙡𝙙 𝙮𝙤𝙪 𝙖𝙙𝙙 𝙛𝙪𝙣𝙙𝙨? I honestly believe it is always a good time to invest. We never know if the market is going to boom or crash, there is simply too many factors to consider. So I always say if you have the funds available, then now is the best time. But only ever invest with funds that you can afford not to use for years. If the market does crash, its good to know you don't have to sell at a loss. It is important to add funds over time. If your goal is financial freedom, the more you invest, the quicker you will get there. 𝟯) 𝙎𝙩𝙤𝙥 𝙡𝙤𝙨𝙨 𝙤𝙧 𝙩𝙖𝙠𝙚 𝙥𝙧𝙤𝙛𝙞𝙩? Personally I not use either or these and do not recommend them either. Just because a shares price declines, it does not mean it is a good idea to sell. Also just because you have made a profit, does not mean you have to cash in, there may yet be more to be made. 𝟰) 𝙒𝙝𝙖𝙩 𝙨𝙤𝙧𝙩 𝙤𝙛 𝙨𝙩𝙤𝙘𝙠𝙨 𝙬𝙞𝙡𝙡 𝙗𝙚 𝙞𝙣 𝙩𝙝𝙚 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤? I am happy to buy in any industry and most countries. I try to aim for good value buys, but most importantly good companies, who have a strong history of financial stability and profit growth. I always look for a good dividend and companies with low debt. Because of these factors, it tends to lead to financial based companies. However I am open to all ideas. 𝟱) 𝙏𝙝𝙚 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤𝙨 𝙜𝙤𝙖𝙡𝙨? In terms of returns, I am for 20% a year in returns, including a 5% a year in dividends. This is not always possible, but I will do my best. More importantly than the returns, for me, is the stability. I diversify and attempt to buy the less hyped stocks so that during a decline or market pullback, we can be spared the losses, avoiding too many significant down periods. If you do decide to copy, know that your money is invested with mine. I will do my best to keep it safe, growing at a steady pace. Thanks for reading! As always, if you have any questions, please feel free to ask! Kind regards Rhys Adams

Strictly Necessary Cookies

Performance Cookies

Functional Cookies

Targeting Cookies