I am new to investing. I opened my Roth IRA in March and have contributed the maximum for 2023 and 2024. My time horizon is 20 years. My wife and I both have very good and generous pensions (75% of our top 3 earning years, +3% for each additional year we work).
I feel somewhat comfortable with risk given our pensions. Is the following allocation any good?
I’ve seen people say not to get into semiconductors because it’s already priced in, and not to chase previous gains - but I’ve never invested before so I am establishing my investment strategy, portfolio, and allocation brand new. I’m not chasing previous gains and do believe in what I understand to be the current and future value of semiconductor technology.
I’ve read that adding scv to a broad portfolio based on something like the S&P500 can help provide additional returns above and beyond just putting everything into the S&P500.
What are your thoughts?
FXAIX: 80% AVUV: 10% SMH: 10%
original posted by Ty-Knight-Composer to r/personalfinance on Tue, 16 Apr 2024 23:18:26 GMT.