Greetings all, I'm planning to soon have $20K to invest for (at least) a 10 year period. I want to be more hands off than I normally am so I'm looking for around 5 ETFs. What would you suggest? Thank you all for your time and suggestions and let me know if you have any questions.
I'd definitely look into the ARK funds for at least a few of those positions. See if any pique your interest
Personally, I would restrict it to three: VOO, VWTO, ARKK Evenly divide the money. Do not rebalance. There are some other honourable mentions but why buy an honourable mention? Perhaps I should add some detail: VOO - Seems like a bit of a value trap, to me. It will no doubt do OK but the world is transforming and VOO is about incumbents so it is going to lag. VWTO - This is a more objective representation of the broader market than VOO. I prefer it to VOO and might not even buy any VOO, if faced with the same decision point you have in front of you. ARKK - The only actively managed ETF worth the photons that emit from my quote screens.
Wait.... that doesn't sound good. haha Your first part sounded nice and confident but then this sounds like VOO isn't the greatest. I'm confused
It's like this: The S&P 500 has been the premier index for decades. It has been around a long time but came into fashion, replacing the DJIA as the primary index, in the 1990s. These days, it continues to be the defacto standard. My analysis suggests the S&P 500 is comprised of the biggest corporations in major industries. I believe we are on the cusp of massive turn-over in many industries. Because of this, I expect listed companies to generally do poorly for a while, as they are replaced by new companies. At some point, the S&P will heal itself with fresh, strong running, companies but it will lag during the turn over. The Russell 2000 is made up of small cap companies. The R2K will also experience some lag but it will be the first to harness new companies on the rise, also. This is an interpretation of how I see the future playing out, superimposed onto the structures of existing indices. I suggest considering this from your own perspective and go with your own view of the future. BTW, if you don't believe in science or the onset of rapid change, I suggest passing on ARKK. ARKK is exclusively about industry disruption and change.
I've settle on $5K in each: XUU - ISHARES CORE S&P U.S. TOTAL MKT IDX ETF VBAL - VANGUARD BALANCED ETF PORTFOLIO TGED - TD ACTIVE GLOBAL ENHANCED DIVIDEND ETF ZEB - BMO EQUAL WEIGHT BANKS INDEX ETF CAD I think that's a good mix for a starting point.
