Just have started investing over the last 6months. I dont plan to trade private equities and am just looking to hold long with ETFs. I have VPU, VAW, VTI, VXUS from vanguard for Roth. VIIIX, BTC Russell 2500, EuroPacific growth (RERGX) for 401K. SCHB, VTI, SCHF, IEMG for savings. Thoughts? All this totals roughly ~10K
Only know 3 funds portfolio concept, waiting to learn ;)
https://www.bogleheads.org/wiki/Three-fund_portfolio keep it simple.
Stay away from ETFs and CEFs due to lack of profits over time. Use them for swing trading. Only go with high volume ones. Invest in ADA crypto and sit on it. Google and amzn long term stock holds. Silver coins for shtf scenario.
@stmichael - trying to understand why etf and closed ended funds lack profit over time ? I thought they are very tax efficient and profitable as well due to low cost fees
They werent designed for you to make money off a long term hold. Which one has hit $1000 and then split? Never. CEFs always break even.
Allocation looks good OP! Set up dividend reinvestment and automatic transfers to max your retirement accts and then to brokerage accts. 😃
Good luck. Seems like you are not risky at all. Might be a good virtue. Dont expect any life changes from this.
What do you suggest?
Don't listen to this guy. Your life will change if you consistently do this over a long period of time. Your problem won't be your strategy since I see you got VTI, it'll be the amount of money you put into it and over what period of time. If you do the compounding of 10% yoy in an Excel spreadsheet, you'll see what I mean.