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Anonymous
Hi im new in investing and now im using Syfe. I invest in this few portfolio China Growth, Disruptive Tech, Sreits and Core Equity.
I also create a custome portfolio and invest in VOO, VWRA, SPYX, VIG, DLN, SDY.
Is my porfolio okay ? Is my custom unnecessary ? And advice. Thanks.
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Ok
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It depends on what you want to achieve and Core equity has invested in some of the ETF(s) that you choose in your custom portfolio. In addition, on what basis do you decide on those stocks?
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Are you able to just invest in VOO? That's more than sufficient.
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Keep it simple as possible...
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Perhaps you may wish to figure out what is your investment goals.
Custom = It seems like you have a few ETFs with a "similar goal" of dividends. VIG / DLN / SDY. Which means there's a correlation between these 3 ETFs. Perhaps you can retain one Dividend ETF as a low correlation would mean that the risk is more "diversified"
Disruptive Tech and China growth = Honestly, I've never believed in these two portfolios because a simple QQQ or VUG would be able to provide a higher return.
Equity 100 = Not bad, good choice depending on your risk appetite.
Honestly, my take and personal experience is that I have a custom and equity 100. I DCA consistently to see which one has a better return. But then I do this because I research the market. Otherwise relying on Equity 100 is sufficient.
With this being said, we can't ignore the fees. Mean, that's how they make money as these services provided can't be free right?
So one way to "pay less fees" is to consider their Brokerage. Again they give free trades (expenses out of their pocket)
You can DCA into ETFs without much fees.
Verdict, Syfe Wealth (custom/equity 100 etc..) automated dividends reinvestment, not much effort required.. easy to use but got management fees.
Brokerage, Lower fees as compared to Syfe Wealth, but you need to know what you want to invest in.
Disclaimer: not financial advice, by reading the first word of this entire post or by reading this disclaimer you consent that you will not hold me liable/accountable for any matters based on my post. Please do your own due diligence.