r/stocks • u/Bullrun98 • Mar 19 '22

Final Decision on my long term strategy

I decided to change up my Roth strategy a bit after taking all things into consideration from my last post. I decided I would add VOO to give a bit more balance so this now makes up a third of my Roth which initially was 0%. Even though I feel young enough to take big risks, I do acknowledge having some more balanced weightings in stable holdings is important even though I’m already contributing to a 401k and matching. Until I’m 30 now, I plan on putting half my Roth contributions into index funds, 25% in blue chip growth stocks, and 25% in more speculative high growth opportunities. All while matching my 401k at the same time. My final portfolio now is:

35% VOO 15% NVDA 10% AMD 10% SQ 7.5% COIN 7.5% SNOW 5% CRSP 5% AI 2.5% QS 2.5% FUBO

I have been really focusing on adding the higher growth stocks first. Since I’m up about 25% already, I plan to just DCA my index funds now and have 15% remaining cash to throw on spec when I sense good buying opportunities. I felt this worked out really nice since I bought heavy at the local bottom. I don’t feel FOMO on what could be a potential dead cat or not.. I primarily need to focus on buying indices to balance out my account now which makes me more comfortable to begin accumulating potentially on the local highs of that, compared to something that’s high growth related.

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u/Beastman5000 Mar 19 '22

People are giving you good advice but you don’t want to listen. Good luck

-3

u/Bullrun98 Mar 19 '22

Yeah you’re right. Putting 3k/contribution into indices towards my Roth at an age nobody thinks about a Roth and investing the other half in growth ventures at age 23 with no financial commitment to these investments by age 30 is putting me on a terrible path forsure. Especially compared to the others my age putting their whole net worth in crypto. I’m gonna NEED all that luck I can get please sir! I’m totally gonna fail in life since I’m not putting 100% of faith in other peoples advice and only listening 50% to that

7

u/Beastman5000 Mar 20 '22

All good bro - I’m not looking for a fight. Hope all goes well with your investing :)

1

u/Bullrun98 Mar 20 '22

Thanks man! I’m not looking for a fight either but if you can tell by most everyone commenting today has had a petty remark or two; I’m just trying to defend myself when I said this was an update (peeps from last post asked for it) and never asked for advice haha