Hi all, As you may have seen from my posts in "long term investor", I'm moving my IRA from my existing financial advisor to a self directed IRA with a new firm. I will have complete control over what I invest in. I am intending to have a long term buy and hold philosophy with my IRA versus my medium term tactics with my stock account. I am focusing primarily on S&P500 companies combined with a few ETFs and CTFs, all of which pay dividends since dividends are the only way for me to add to the principle. The goal is to double my money in 7 years which will require an 8% average yearly return on top of reinvesting $300 in monthly dividends. Note: I'm not likely retiring in 7 years (that is only a dream!), it's just the goal I've picked. I am not planning to make any changes once committed except maybe a yearly rebalance of some sort. Here is my approximate portfolio plan: RIO - mining - 9.5% VLO - oil/gas - 9% VZ - telecomm - 8.5% MMM - industrial - 7.6% C - banking - 6.5% CVS - consumer/pharma - 7.3% GD - defense - 8.1% HD - consumer goods - 7.2% IFF - food / fragrance - 6.9% XTN - etf in transportation - 4.3% V - payments - 5.2% TSM - semiconductors - 5.9% GLO - ctf in equities and bonds - 5.0% PFL - ctf in debt instruments - 5.0% ARKK - transformative tech - 4% Do you think this could work?