Anonymous
Does it make sense to still buy into VOO or QQQ?
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thefrugalstudent
26 Feb 2021
Founder at thefrugalstudent.com
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Chris
26 Feb 2021
Owner and Writer at Tortoisemoney.com
You could, but do understand that it means that you're putting more weight (meaning you expect that particular part of the stock market to outperform) on VOO or QQQ. Otherwise, you might be better just putting it into Syfe instead.
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Hi Anon,
As Chris has mentioned, you could do that if you're especially bullish on US large cap/US tech stocks and want to further increase your exposure to them.
However, it might do you more good to diversify into other areas of the market that are underweighted in Equity100 such as US small cap/China/Emerging markets.
All the best!
Regards,
thefrugalstudent