INVESTING STRATEGY
Portfolio Discussion!!
Hi fellow pearlers Me(27) and my wife(29) have a joint investment account where we set aside 5k a month and invest fortnightly into the following etfs A200 50% IVV. 35% NDQ. 5% VEU. 10% We've tested the waters with VAS , VGS, VGE and SPY before finalizing on the above portfolio. Question to the extended community here. Is it worthwhile expanding to the following satellite etfs IJP VAP IJR ETHI IXJ WDMF Also just trying to understand the value of having divident focused etfs(such as WDMF. I have DRP for all my current etfs and aim to sustain the current portfolio(36k) till we retire. Hopefully increasing income and investments going ahead. Im also the nominee to my parents mutual funds as well as am inheriting some assets overseas, not sure how that works with this plan as well. Sorry for the long post. Thanks in advance!!
Re.K.Ro
11 May 2023
5 Comments
over 1 year ago
Hey there,
Excellent job on the strong savings habit, that’s fantastic!
I think it’s fair to say you might be falling into the area of analysis paralysis. After having all the main building blocks of a portfolio, there’s very little to be gained by adding more and more, even if they’re different holdings in various ways.
Something that is, by definition, a small part of the portfolio, which is still invested in the same markets, is going to make a very small difference overall. I would caution against overcomplicating it. Almost everyone who builds a big portfolio with tons of holdings because they like various strategies etc end up culling it back later on. Because not only is it ineffective most of the time, but there’s extra admin + moving parts to always be thinking about, and it makes the whole investing experience less enjoyable.
While everyone has their own taste, I would keep things simple as per your current plan :)
That’s my 2 cents. Hope that’s useful and all the best with it.
Cheers, Dave
Like
6
•
Replyover 1 year ago
No problem :)
I can’t tell you what the right move is, but ask yourself this…
Is a 5% holding (of any fund) really doing anything? Especially if that fund has a large overlap with another fund already in the portfolio?
Like
4
•
ReplyLike
0
•
Reply4000 characters left
Related posts
Investing Strategy
What happens if, in 30 years when I have hundreds of thousands or even millions of dollars in shares, nobody wants to buy them?
Hi there! What happens if, in 30 years when I have hundreds of thousands or even millions of dollars in shares, nobody w...
Investing Strategy
Best way to invest $10k for long-term growth?
Hey everyone! I’ve recently set aside $10k that I’d like to invest instead of letting it sit in my bank doing nothing. ...
Investing Strategy
I've heard that most people would only invest in VDHG if they had to choose one ETF. May I ask why?
Hi everyone, I’m quite new to the platform, and so far I have only invested in VDHG. I've heard that most people would...