Stefan Bacik
Czech Republic
1mo
Dear investors and followers, Welcome to the regular summary of all important updates. First, I would like to welcome new investors and at the same time thank all existing investors and followers for their trust. I truly appreciate that you follow my investment journey. How did January perform? We finished January with a very solid result of +12%, which I consider a great start to the new year. Currently, February stands at -1.76% (as of the date of writing this recap). Markets are short-term volatile, but that is a normal part of investing. I do not expect every month to be positive — what matters is the long-term direction of the portfolio. Since my goal remains long-term and reasonable capital appreciation with risk management, I made several changes and portfolio rebalancing this month, which I would like to share with you. Portfolio rebalancing I have long been open about my confidence in the technology sector, and this view has not changed. However, after strong growth in some positions, I evaluated that the portfolio was at times too concentrated. Therefore, I carried out rebalancing to reduce concentration risk and strengthen diversification across regions and sectors. For example, the position in MU (Micron) was reduced after reaching a gain of around +190% within less than a year. I still believe in the company, but risk management comes before emotions. What changes were made to the portfolio? • S&P 500 ETF increased to 30% • VGK ETF (Europe) newly added at 10% • Japanese ETF – 5% • Emerging Markets ETF – 5% • New stocks added: O (Realty Income), UNH • ASML and MU reduced to 3% of the portfolio • BTC newly added at approximately 4% of the portfolio BTC in the portfolio Those who have followed me for a long time know that I have generally been cautious about BTC. However, I do not view this allocation as speculation, but rather as a small diversification component. I follow the principle that even more volatile assets can have a place in a portfolio if kept at a reasonable weight. My long-term strategy otherwise remains unchanged. I will continue to focus on diversification, risk management, a long-term horizon, and a disciplined approach without unnecessary emotions. I will keep you regularly informed about further changes. Thank you for your trust and I wish you calm and successful investing and a pleasant rest of the day.
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