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 (+1,35%)
$KKR (+0,3%)
$APO (+0,21%)
$TPG (+0%) .

In addition, a little $DMP (+1,99%) by 25%.

Sales:

I made the mistake of wanting to $EVO (+0,99%) and $CPRX (+0,69%) 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 (+2,29%)
$CUV (-0,28%) - Will invest a little extra, otherwise just the 33% from sale of $CPRX. Both around 50 - 50

$SL (-0,7%) - the same as $TISG (-1,05%)

$KSPI (+1,28%) - about as high as $MUM (+2,93%)

$FIH.U (+1,39%) - about as high as $MUM (+2,93%)

$2GB (+1,56%) - about as high as $MUM (+2,93%)

$M12 (+2,42%) - about as high as $MUM (+2,93%)

$CPR (-1,68%)
$DGE (-1,34%)
$RI (-0,82%) - 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 (-1,74%)

$OR (-1,5%)

$MELI (+1,25%)

$ALV (+0,85%)

$AI (+0,08%)

$CPR (-1,68%)

$AFX (+0,51%)

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!