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 (-0,14%)
$KKR (-1,24%)
$APO (-3,02%)
$TPG (-1,43%) .

In addition, a little $DMP (-0,94%) by 25%.

Sales:

I made the mistake of wanting to $EVO (+1,49%) and $CPRX (-2,22%) 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 (-2,6%)
$CUV (+1,46%) - Will invest a little extra, otherwise just the 33% from sale of $CPRX. Both around 50 - 50

$SL (+2,28%) - the same as $TISG (+0,35%)

$KSPI (-0,94%) - about as high as $MUM (+0,73%)

$FIH.U (+0,58%) - about as high as $MUM (+0,73%)

$2GB (-2,43%) - about as high as $MUM (+0,73%)

$M12 (+0,35%) - about as high as $MUM (+0,73%)

$CPR (+0,67%)
$DGE (+1,35%)
$RI (+0,73%) - 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 (+0,73%)

$OR (-1,8%)

$MELI (+2,45%)

$ALV (-0,46%)

$AI (-1,19%)

$CPR (+0,67%)

$AFX (+1,18%)

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!