Complete breakdown of my networth, Am I doing it right?

Hi just wanted to get suggestions on how can I improve upon my existing investments. I'm holding onto quiet bit of cash, waiting for the right time to get into the market. Current Net worth is 870K, 0 debt Stocks: 490k 75% msft 10% spaxx money market 4.5% apple 3% paypal 3% google 2.45% disney 0.4% vmware 0.5 % snap 0.1% couple of options Crypto:9k everything in ETH(0.9-1% of networth) 401k: 218K Cash saved in HYSA: 146k(100K for emergency, 46k saved for house down payment so far) #finance #stocks #portfolio #networth #finance

Amazon LGwR42 Feb 15, 2023

Wanker

Microsoft XRTI38 OP Feb 15, 2023

wsb retard detected

#ReadyForWork
lryt08 Feb 15, 2023

Why not invest into index funds? Keep recurring investment in index funds like VTI, VOO etc. Also, what's your age?

Microsoft XRTI38 OP Feb 15, 2023

i'm 31, index funds are good long term but companies like msft have also been consistenly outperforming s&p on 5 year time frame, was planning diversfying from msft stocks if growth stagnates in the future

#ReadyForWork
lryt08 Feb 16, 2023

Same could have been said about Snap, Meta stock last year. Diversifying is important, I recently discussed my portfolio with a financial advisor. Yours would probably on 4.5/5 on risk scale all dependent on how stock continues to perform

Atlassian strangerfi Feb 15, 2023

Age?

Microsoft XRTI38 OP Feb 15, 2023

31

KLA-Tencor drop mic Feb 15, 2023

You are not diversified.

Microsoft XRTI38 OP Feb 15, 2023

any ideas on which stocks to buy after I liquidate some of my concentrated positions?

KLA-Tencor drop mic Feb 15, 2023

Index funds. VTSAX, VTI for example.

HPE on_mars Feb 16, 2023

Today is good time to invest in market, there is no waiting for good time in market:)

Flagged by the community.