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 (+2,86%)
$KKR (-0,09%)
$APO (+0,88%)
$TPG (+1,57%) .

In addition, a little $DMP (+1,01%) by 25%.

Sales:

I made the mistake of wanting to $EVO (+2,85%) and $CPRX (-0,12%) 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 (+1,9%)
$CUV (-3,96%) - Will invest a little extra, otherwise just the 33% from sale of $CPRX. Both around 50 - 50

$SL (-0,58%) - the same as $TISG (-0,17%)

$KSPI (-0,97%) - about as high as $MUM (-1,3%)

$FIH.U (+0,63%) - about as high as $MUM (-1,3%)

$2GB (-0,16%) - about as high as $MUM (-1,3%)

$M12 (-2,92%) - about as high as $MUM (-1,3%)

$CPR (+3,41%)
$DGE (+2,33%)
$RI (+3,12%) - 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 (+0,47%)

$OR (+2,69%)

$MELI (-3,55%)

$ALV (-0,45%)

$AI (+0,28%)

$CPR (+3,41%)

$AFX (-1,22%)

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!