On my Etoro account (only) I have diversified 20% of my stocks to cyclical stocks for last 2 weeks. This have helped dampend my portfolio volatility. With Tech sell-off and sideway track, I have shared my three key reasons why I have done so. So far on the third week, my eToro portfolio have reduced volatility and performing better than the Hasdaq Index as I hold less concerntrated Tech stocks
Just to warn this video is not for everyone. I am still a Major Tesla, AMD, Nvidia and Fiverr investor.
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https://www.youtube.com/watch?v=HhebijAb24M