Thoughts on my Portfolio

33 y/o M. I’m new to the game. Started serious investing earlier this year. I have an IRA through work with employer match. I’m contributing up to the employer match. My other accounts are a Brokerage, Roth IRA and HSA. I have a long time horizon. I plan to invest for about 30 years.

For the Roth, I am invested in the following ETFs: SPYM (S&P 500), QQQM (Growth), SPMO (Momentum growth), VGT (Tech growth), VXUS (International exposure/ diversification), SCHD (Dividends), and SMH (semiconductor growth). I know there is a lot of overlap with the growth ETFs and S&P 500. Would you recommend exchanging SPYM with VTI (total US market) for better diversification? Or eliminate a growth ETF? I was also considering investing in DRAM (AI memory). Is this too many ETFs for one account?

For the HSA, I am invested in only FXAIX and SCHD. Should I just keep that account simple?

I was planning on making a good base with ETFs then adding individual stocks. Does this seem reasonable? Thanks for your advice!

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3 Comments

Stocks @stocksetfsbonds · 1h

Your too diversified in my opinion and a couple suggestions: spym and fxaix both track the S&P if im not mistaken and have a near 100 percent overlap, so no reason to hold both of those. Next qqqm and VGT are also pretty similiar so just pick one. Spmo is also very similiar to your S&P and Nasdaq holdings. If your going with index ETFs, you really only need a few: I would suggest an S&P etf, a growth etf (Nasdaq probably), and if you want dividends, a dividend etf.

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