facebookI'm thinking to RSP into the ETFs below for 2-3 years under FSM. What are your thoughts? - Seedly

Anonymous

27 Mar 2021

General Investing

I'm thinking to RSP into the ETFs below for 2-3 years under FSM. What are your thoughts?

ARKK - 150 ARKW - 150 ARKX - 100 Vaneck semi conductor - 150 Hang Seng ETF 9067 - 150 VOO - 150?

Can't decide what ETFs to buy and how much to allocate.
I can keep buying and holding for long term, but I just can't decide on asset location.
I currently have RSP with
Stashway max risk $100
IFast's investment $400
CFA $200.
All my current RSP are doing well, so won't be changing.
Is there other funds that I should consider instead?

Lastly, when do people decide when to sell? Some funds have dividend, hence worth keeping.
Some are just growth... can't decide when to cash out.

Discussion (1)

What are your thoughts?

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Robin

27 Mar 2021

Administrator at SG

Look at what you have in the ifast and stash away portfolios. No point "over-diversifying" and end up having too many overlaps. For FSM, it offers very good rsp at a low cost. Just choose 1 or 2 ETFs that you want to hold for the long haul and commit to it. The vanguard ETFs are known for it's low cost - VT, VOOG, VTI, VOO, VOOV, 3169(China) .

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