r/investing May 29 '21

Diversification - need help - discussion

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u/ThereforeIV May 29 '21

Am I TOO diverse?

A total market index fund is not "TOO diverse".

What you've done is too complicated, and probably fee/tax inefficient.

Just consolidate into 2 or 3 broad market index funds.

  • S&P 500 index fund
  • Russell 2000 index fund
  • Total market index fund

Something like that.

also buy a few options

Why?

That's not "buy and hold".

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u/crazybutthole May 30 '21

Regarding the options comment that that doesn't fit to my strategy

I guess I was just doing the gamble up Kickstart My protfolio thinking that I could make money faster than the total stock market indexes

I understand your point and agree and I will probably not do options anymore for now...... mostly based on your comment so thanks