I want to say this first: I respect everyone’s strategy. Different goals, risk tolerance, timelines, and portfolio sizes all matter. But I’m genuinely trying to understand this. I see some people holding: 20+ ETFs 30+ ETFs 40+ ETFs And personally… that feels like a lot to me. I get diversification. And all types of diversification beyond just underlying holdings. But when do you stop? Wouldn’t compounding hit harder if you focused on your highest-conviction 5–12 holdings instead of spreading every contribution across so many positions? So I’m curious: Is this sometimes just shiny object syndrome? Because I get it… finding new exciting holdings is fun 😅 Or is there a deeper strategy behind holding that many? Income smoothing? Risk control? Sector exposure? Peace of mind? Would love to hear from people who hold a lot. Where do you draw the line between diversification and overcomplication? I currently only hold 7. Had 15 when I started. Here are my 7: $MSTE $HHIS $CDAY $QDAY $HDIV $ECHI $UTES Thinking about adding: CMCL - all in one commodity $CLSA $HYLD & $SATA when it goes canadian. I dropped: $XEI $ENCL $HDIF $EIT-UN $BANK $BCCL And a couple others. By the way - I’d appreciate a follow
5,542 views
41 Comments
Tremain Sinclaire@tremainium · 3mo
I just never sell lol
Martin McClellan@star87 · 3moEdited
$VDY and chill. Do not touch yieldmax ones. They have massive nav erosion and will go to zero.
Perry's PIIverse@piiverse · 3mo
I have 36... 37 income etfs. and honestly I have heard a lot of ppl say too many cc etfs makes no sense - just pick 5 or 6. But first what's the difference between if you dont mind the management of them... 1+1+1+1+1+1+1+1+1+1 =10 5+5=10 Second, and you did point this out right: diversification - especially for cc etfs and derivative based ETF is far more important as you are not only diversifying underlyings and sectors... you are more importantly diversifying ETF fund overlay strategies which dramatically change the dynamics of performance even among lets say all the QQQ cc etfs. So if one of them goes wonky - i dont worry about it with a 2% holding weight. Finally... I am a buy and hold income investor - quite purely. I have several CC ETFs that I could have sold and merged with similar other CC etfs (example QDTE to QQQY). but WHY? When I sell it I will capitalized the loss on that CC ETF... and it still produces an ok weekly distributions. SO... WHY consolidate? Just for Aesthetics? Thats why I have 37.. and as new more exciting cc etfs showup with a new strategy or dynamic - the count will eventually go higher.
Nomad Margins@nomadmargins · 3mo
I started my journey thinking the more the merrier. However, I only have so much every month and it got thinned out over the large amount of holdings I used to have. So a couple weeks ago, I sold it all and restructured my portfolio with only 5 holdings for a growth income strategy.
See the full comment section 👀Sign up for the full Blossom experience!
