Hello everyone, I tried to find an answer to this but couldn't find anything. If I missed it I wont be offended by just a link.
So I'm closing in on 20K in my portfolio ($18.5K right now) at 30 years old. I own my home, married (not legally, long story), and about 18K in student debt at 4% interest that I should have paid off in roughly 5 years. The interest is low so I've been splitting my savings between that and investing. The majority of my investments are in ITOT, IXUS, & IUSB. It's a 90/10 split, with about 2/3 thirds the equity in ITOT and the other 1/3 in IXUS. I also have an ESPP from work that I sell half of as soon as I can and split that between my Roth IRA and my wifes brokerage (she's on disability no earned income, and not legally married so no spousal IRA options. This is just so she has something in her name for fairness sake). I work for a blue chip so I figure keeping half of the ESPP in stock isn't that big a gamble. I've only been through one purchase period and my kitchen floor really needed to be done so I just sold all of it, so nothing in there right now.
So onto my actual question! I've wanted to get into buying individual securities. I enjoy reading up on the companies, the fundamental analysis, etc... and want to put this to use and see if I can beat my ETF's a little bit. *EDIT: I also want to focus on dividends in the individual securities.* My concern is I don't want to risk too much of my portfolio in case I fuck up. Do I have enough money saved yet to avoid substantial risk? I was thinking of diving in with $2K to $3K split between two to three securities within 6 months, assuming I feel I've educated myself enough by that point. Should I wait until I have more saved? If so how much do you think? And is only buying 2 to 3 securities enough considering I'm already very diversified in my ETF's?
Thanks for the responses everyone!
Submitted August 08, 2018 at 06:52AM by lotrekkie https://ift.tt/2vMY5VC
