Hi guys, I’m considerably new to investing and I’m here to ask some questions about how to build a portfolio consisting of mostly ETF's to meet a short-term goal of a 10% return over 2 years.
I’m 18 y/o and from Denmark. I made my first investments about 1-2 months ago and I´m a big fan of the investment podcast, where I’m currently about 40 episodes in.
I plan on further pursuing investing after school and my grandfather have therefore offered me 8000$, to invest for him over the next 2 years, starting mid-January. If I manage to beat the return my grandfather is currently getting from his bank (about 5% yearly), there is a good chance he will give me a lot more money to invest in the future, when I have more knowledge on investing. I know 2 years is a very short time, and with price fluctuations or maybe a crash, it can be hard to make the goal of preferably 10%+ return in 2 years. I am therefore looking to build a diversified portfolio using different ETF's in mostly stocks (maybe vanguard s&p 500 and vanguard small cap) and maybe a couple of blue chip companies (maybe apple, verizon, procter & gamble)
My questions: Is my approach to safely invest 8000$ for a 10% return in 2 years somewhat right or is there some changes I should make to my approach or things I may have overlooked?
Also sorry for the bad English
Submitted December 27, 2017 at 12:42AM by gabr0236 http://ift.tt/2l4yByj
