My goal is to beat the market, I'm still relatively young and want to see if I can do it, if not I'll put everything in an etf in 5 years.

Regarding my portfolio, I currently have a cash ratio of 23-25% depending on the fluctuations in the last month.

Purchases of existing stocks:

I plan to increase the financial stocks by 50%, $CG (+3.68%)
$KKR (+3.29%)
$APO (+2.86%)
$TPG (+1.03%) .

In addition, a little $DMP (-0.22%) by 25%.

Sales:

I made the mistake of wanting to $EVO (+5.92%) and $CPRX (+2.61%) trade, but then I was too greedy.

I am convinced of both positions in the long term but not in this size in the portfolio, which is why I will reduce both stocks by 33%.

Potential purchases:

$HALO (+0.03%)
$CUV (+3.18%) - Will invest a little extra, otherwise just the 33% from sale of $CPRX. Both around 50 - 50

$SL (-1.98%) - the same as $TISG (-0.61%)

$KSPI (+2.47%) - about as high as $MUM (+1.57%)

$FIH.U (+2.38%) - about as high as $MUM (+1.57%)

$2GB (+1.54%) - about as high as $MUM (+1.57%)

$M12 (-1.45%) - about as high as $MUM (+1.57%)

$CPR (+0.23%)
$DGE (+0.45%)
$RI (+0.34%) - I'll wait and see, but I can imagine that they will develop in a similar way to the tobacco shares. Since I don't want to decide, I'll just buy three for the sum of one. And divide the amount between these 3.

In general:

I'm generally a fan of putting together baskets like with alcohol or the yacht builders.

What would you change because you see a high risk? I am relatively poorly positioned in the tech sector, do you have any other titles that I could take a closer look at in this area?

From now on, I no longer need to have a guilty conscience when I drink an Aperol Spritz

I would like to reduce the US share in my portfolio a little, as both the geopolitical and domestic political risks are currently too great for me to hold more than 60% of my assets in US equities with a clear conscience.

The fact that a little over €20,000 will be coming in to invest over the next two months gives me a great opportunity to do this.

I am young and would like to get non-US quality stocks into my portfolio and leave them there for several decades.

My current favorites for a first purchase:

$NESN (-0.77%)

$OR (+0.28%)

$MELI (-1.92%)

$ALV (+0.7%)

$AI (-0.45%)

$CPR (+0.23%)

$AFX (+0.74%)

What are your views on reducing US weight and what would you consider non-US stocks that belong in a buy & hold portfolio.

I am looking forward to your opinions!