Quote:
Originally Posted by Rain Man
Yeah, I would agree that you're a bit too young for the CD strategy. Stocks are your friend.
I've become pretty diversified, and for the most part the "Magnificent Seven" has driven a lot of my returns. I'm doing okay on other stocks, but if I hadn't been invested in the Magnificent Seven I'd be far to the lesser in my balanced. At some point they have to slow down and the non-tech stocks should have a run, but it seems like mixing the two is a good tradeoff.
I've got probably 20 to 25 percent of my money in the Magnificent Seven, which I think is underweighted compared to the major indices. They've done great, but it's kind of scary to me to have too much in a few stocks so I'm slightly whittling them down now.
|
I should probably be more heavily invested in the M7, will probably throw some money that way, and mix in some ETFs. I've done pretty terribly in my brokerage "play" account, so individual stocks have become scarier, lol.
Quote:
Originally Posted by EPodolak
There are quite a few good Vanguard ETF options. VTI is the one I'm invested in. Remember if you've only been in it a couple of years your results will consist of one good investing year and one bad one. The market for just about every leading ETF will look flat for that short window. Both VTI and VOO have returned 14-15% average the past five years. Can't really go too far wrong with either.
|
Good call out on that, with the market doing so well lately, I sometimes forget about the downturn recently.