Hey there r/investing - I am a 28 Y.O. seeking advice regarding my "investment strategy"...
I opened my Fidelity brokerage account beginning of February 2022 - really just to "mess around", yet also to educate myself and experience participating in the stock market. So, I sort of saw this as an experiment to see what I could do.
For context, I already have a SIMPLE IRA through work (AGTHX + CAIBX), and a separate dividend-earning brokerage account with my long-term partner (RSFYX), all debt paid off, etc. I do not have a personal Roth IRA established, though I intend to open one in the near future so I can max that out each year.
We are buying a house very soon, so most of my personal spare funds have been going to savings for the past two years. The point I'm getting to is I've been very conservative with making additions to my brokerage account.
Since opening the account in February 2022, I have invested just over $4K in a mix of about 80 various ETFs and individual stock (70% index ETFs, 30% individual stock/other ETFs/penny stocks). I have yet to sell any of my shares.
Yes - this means I've invested as little as $5 each in some companies. Again, this has sort of been an experiment, and I'm trying to think about how to proceed once I establish a budget for regular contributions once we're settled into the new house in the next few months.
As of market close yesterday, I am up 28% overall/since inception ($4,165 -> $5,335) however, I haven't added any additional funds to the portfolio since December 2022 (due to saving for the new house). I think I'm doing okay(?) I realize I began investing during a significant "dip"...
My investments are as follows:
69.69% - index ETFs - VOO, QQQ, TQQQ, VTI, VXUS
6.53% - consumer cyclical - TSLA, QS, ABNB, AMZN, HD, LOW, LEN, TOL, BOXDQ
5.63% - technology - MSFT, AAPL, NVDA, AMD, CSCO, DBX, TSRI, UBER, IBM, INTC, JBL, TXN, CRDO, ASML, NET, SOXL, WDC
2.71% - consumer staples - CELH, KALRQ, COST
2.57% - lithium + copper - APHLF, LAC, AMLI, LIT, LITM, PEMIF, SCCO
2.4% - cannabis - CURLF, TLRY, OGI, SNDL
2.31% - electric vehicle ETFs - KARS, DRIV, HAIL, IDRV
2.21% - energy - CSIQ, DNN, ENPH, NXE, UUUU, URA, URNM
1.23% - misc. materials - JHX, ALB, USAS
1.22% - industrials - BA, CAT, ELEK
1.02% - gold - AEM, PAAS, GDX, GDXJ, GOLD, HMY, NEM, SAND
0.88% - silver - AG, FSM, GATO, PSLV, SVM, SILJ, ZCTSF
0.93% - internet content + info - RRSFF, GOGY
0.36% - credit services - PYPL
0.25% - medical devices - PHG
I appreciate any and all feedback. Roast me alive if you want.
Submitted July 14, 2023 at 01:15AM by crashed_wave https://ift.tt/y4OXa5g
