Happy New Year to everyone reading this.
It's 2021 and it's time to reset the portfolio.
I'm 22 years old with about $34,000 CAD in the account with Questrade. Of course, I've used Nordbert's gambit on Questrade to transfer most of my wealth to USD so I can purchase American ETFs. I will be selling all of my individual stocks on Monday and completely investing in ETFs for a more hassle-free approach. I will invest in individual stocks in a non-registered account.
As far as my portfolio will go, it will be heavily invested in ETFs with higher risk, but more room for growth. I would like to tackle technology, renewable energy, therapeutics, and will have some room for less riskier ETFs. As far as it goes, I don't want to touch these investments for 10+ years, except add more.
My list:
ICLN - 15%
QCLN - 5%
ARKG - 15%
ARKW - 5%
VGT - 15%
QQQJ - 10%
VUN(TO) - 25%
VT - 10%
Opinions, comments? Would be much appreciated. My goal is just to continuously add on to these no matter the cost. I will most likely buy everything on the market open on Monday but wanted some opinions first. Thank you!
Edit: It might be too many ETFs, so I was thinking of cutting out QCLN, and ARKW. I would then transfer the remaining percentages to ICLN and ARKG, respectively.
Submitted January 01, 2021 at 11:40PM by DuePanini https://ift.tt/3rNbLfq
