Reorganising portfolio: sold VTI, VOO, IWF plan to buy CSPX. Thoughts?

Hi Anon,

I'd say that's a very logical move! VTI, VOO, and IWF are indeed very similar and there's not much reason to be holding all 3 separately.

Broker-wise, I'm not sure that POEMS is the best choice - the commission fees are pretty hefty. However, if you're planning to lump sum and hold, that shouldn't be too much of an issue. Otherwise, you can also consider Saxo or IBKR.

Hope this helps!

Regards,

thefrugalstudent