Hey Guys
I have been investing into Crypto for some time and looking at diversifying my portfolio so I don't have my eggs in one basket.
I have been going back and forth for the last few weeks trying to create a portfolio of something that will make me money over a period of time.
Just wanted to get opinions on the following portfolio. Before I continue, I understand that any information given is not financial advice and I am not going to blame anyone else if I go belly up.
So far I have 10K invested into Crypto and I am looking to invest 10K into the stock market. I know the crypto market can be a hell of a lot more volatile than stocks however I believe Australia and more so the world will move towards digital currency one way or another eventually.
So far my dummy investment portfolio would look like one of either 2 ways. In case anyone is interested, I am Australian.
1st.
VGS - $2500.00
VAS - $2500.00
APPLE - $1000.00
MICROSOFT - $1000.00
BHP - $1000.00
COMMONWEALTH BANK OF AUSTRALIA - $1000.00
GOOGLE - $1000.00
2nd.
VGS - $5000.00
VAS - $5000.00
I understand what I have listed are blue chip stocks but as I am an amateur investor, I feel this is the safer option for me. I have also looked at investing into Vanguard as I have watched several video's on people much smarter than I and they all seem to have invested in one way or another with Vanguard. My only thought with Option 1 is if I only invest $1K into the 5 blue chip companies I have listed, is it going to make any real difference if I can only buy a few shares with each one.
Keen to hear your thoughts
Thank you to everyone in advance.
Submitted October 05, 2023 at 02:51AM by replicator85 https://ift.tt/3uFoVUf
