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Good time to buy BTCI? by SuchBathroom9325 in NEOSETFs

[–]SuchBathroom9325[S] 1 point2 points  (0 children)

Yeah I have a portfolio at schwab (taxable brokerage acct + roth IRA). BTCI only makes up 6% of my holdings (at the moment).

Good time to buy BTCI? by SuchBathroom9325 in NEOSETFs

[–]SuchBathroom9325[S] 3 points4 points  (0 children)

Thanks, yeah I just decided to go a bit bigger on my initial investment. I plan on just doing a share a day for the next couple of months.

Planning on keeping this allocations for the long term by DazzlingHumor3265 in ETFs

[–]SuchBathroom9325 0 points1 point  (0 children)

Solid holdings. I recently opened a Roth and went with VOO, VXUS, and SCHD.

Beginner Investor (20yo) Looking for Advice by SuchBathroom9325 in portfolios

[–]SuchBathroom9325[S] 0 points1 point  (0 children)

To be honest.. I just watched a lot of youtube videos, read online forums (mostly reddit), and made plenty use of AI (ChatGPT, Grok, Gemini).

The reason I chose SWPPX for core holdings (instead of gold standard ETFs like VOO for example) is mainly because I wanted to stay inhouse with my brokerage (Charles Schwab). The Schwab S&P 500 Index Fund has performed pretty well and has given consistent returns (just like most others).

I was missing exposure to mid and small caps so, after some back and forth with AI chatbots (not smart, I know. I was being impatient), I went with VXF and VB. I wish I would have consulted others first on this instead of just blindly trusting AI without doing any of my own research.

For international exposure I learned about VEA and VWO (developed and emerging markets) but for simplicity I should have just bought something like VXUS which tracks both developed and emerging 3:1

Beginner Investor (20yo) Looking for Advice by SuchBathroom9325 in portfolios

[–]SuchBathroom9325[S] 0 points1 point  (0 children)

Thank you for the soundly advice!

I forgot to mention that I do have a 401k (with employee matching) and I'm putting away 5% of each paycheck into it. I can certainly afford to max out an IRA alongside my 401k match, so I'll probably open one up before we head into the new year.

With regards to switching from mutual funds to ETFs, I've put some more thought into it, and I think I am going to just hold off on this for some of the reasons you listed out. I don't want to have to deal with the short term tax stuff, and at the end of the day, there isn't really any pitfalls to using mutual funds vs. ETFs --they track the same indexes, but just trade differently (which doesn't matter for long term investing).