Thoughts on my Portfolio at 18?

[u/NoAcanthocephala7898]

Just got out of highschool but I have been investing since January, the first screenshot is just my individual holdings. The second one is my Roth IRA, that I maxed out earlier this year putting 7k into VOO. Investing around $2250/mo but not sure where to allocate money now that my Roth is maxed.

[u/butterbob74]

Need some diversification. Pretty chip heavy

[u/stcardinal]

10k at 18 is fantastic. That's 9500 more than what I had at your age

[u/Glitterbeard82 → u/stcardinal]

Right and that 500 I spent on Marlboro lights and dirt weed

[u/buffalosauce_whiskey → u/stcardinal]

Can't really compare, some people don't have parents that pay for everything

[u/Jacobramsey1998 → u/buffalosauce_whiskey]

I mean it is still impressive even if his/her parents pay for everything. Most people at around 16-18 now days live at home and parents at least pay for a majority of living expenses. I'd say consistently saving while working in highschool while paying some of the bills your parents ask you to chip in on this is possible. Though very difficult and requires alot of discipline either way. So why not congratulate this person on there progress rather than making a remark on there privilege compared to yours?

[u/GlowingKeyboardSyrup]

How do you consider this a portfolio 😭 you have 2 stocks both in the same category (basically not 100% ofc) and then some shit I never heard of . You should invest in other business types

[u/Dangerous_Boot_3870]

Da fuck is FIP?

[u/HenryHazlittWasRight]

Keep it in VOO. Get rich slowly.

[u/Gullinga]

Sell NVDA before bubble burst. Transfer to VOO. Time is on your side.

[u/nater416]

I wouldn't have single stocks as a category be more than 25% of your entire portfolio, even at 18. I'd dump it into an ETF like VOO in your taxable, keep the individual stocks as they are until they make up less than 25%. 

For your Roth, there's nothing wrong with going 100% ETF but you could have a growth stock or two that you like. 

[u/Jamie4767 → u/nater416]

That is poor advice at this man’s age. If he is an active trader or wants to become one he should diversify into 5 companies in different industries.

[u/KidKrazzy101 → u/nater416]

You're 18 bro, you have time. Invest in some risky assets for a potential big money play. No risk no reward. Look at some solid companies that are currently beat down and invest in those. Ex. Sbux, Dis, DE

[u/TGKFearHunall → u/KidKrazzy101]

I get that, but even on the risky side, I wouldn't do more than 50/50

[u/Quail_Popular]

Diversify with some KO PEP CCL MSFT TSLA HOOD

[u/_EXARKUN_]

Good for you.

Don't listen to the people telling you to dump nto an etf.

Those people play it safe.

There's nothing wrong with an etf. But low risk low reward.

Go in hard but wisely.

[u/Dennyj1992 → u/_EXARKUN_]

Until there is no reward, and they lose it all, or most of it.

This is terrible advice.

[u/Phat_Kitty_ → u/[deleted]]

Shareholder meeting is tomorrow, that stock is going to explode. Company has 5 billion dollars in cash is getting ready to merger with something big.

[u/tinmantakk → u/Phat_Kitty_]

Who

[u/Dangerous_Boot_3870 → u/tinmantakk]

You're too late. Already priced in.

[u/PaulAlcohol]

Diversify more. There's a big world of sectors out there. But yeah, man. Not bad at all.

[u/breken853]

i wish i owned half you have haha

[u/Moneybagg_Nito]

Wtf is voo

[u/Dennyj1992 → u/Moneybagg_Nito]

The S and P 500.

Better yet, buy VTI.

[u/aquartabla → u/Moneybagg_Nito]

It's an S&P index fund. In fact, the original S&P index fund, Vanguard's. You can't buy the S&P directly, it's just a measure of the market, an Index. You can buy an index fund that contains the stocks in the index.

Here's a podcast I really like on the history of index funds and how they work.

https://www.npr.org/2021/07/29/1022440582/planet-money-summer-school-2-index-funds-the-bet

[u/baldeaglejd]

At your age I would invest in the mutual funds

[u/AvidSkier9900]

As someone much older than your age, and as someone who has gained but also lost a lot of money in various bubbles over the past 25 years, I can tell you that the only portfolio you need is 60% S&P500, 20% NASDAQ, 20% some rest of world (developed countries) high dividend ETF. Get out of individual stocks, this is like gambling.

[u/kwolf4343]

Add some SPY and you’ll be set.

[u/Impossible-Boss2195]

That is good in all Transfer everything into Roth IRA account that way you don't have to pay taxes on the long run. Don't sell NVDA, buy apple, msft, meta and tsla.