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Can you have too many ETF's in portfolio?

Im 19 years old, i have about 11,000dollars to invest into stocks,or ETFs, can anyone suggest me a portfolio?

  • I use Ameritrade as my broker. I would prefer stocks that are volatile, so high risk is ok, but they should be strong companies. i just want maximum profit month by month

  • Answer:

    Use $4000 and put that in a ROTH IRA. Then, trade in the ROTH IRA. If TD Ameritrade doesn't allow you to, find a new broker. You'll be able to add another $4000 Jan 1. This money will grow tax free. Put the other $3000 in an IRA, you can use PREtax dollars for it, so you'll actually get a little bit of money back from the government as well if you're earning enough to file and pay taxes. 2nd, get an education. Learn how to trade stocks properly. I can give you some great stocks, but if you don't know when to sell (esp if you like volatility), you might piss away the profits you gain. See some of my other answers if you want to know how to start learning about trading. That said, to answer your question (and assuming you'll know how to trade this), here's a sample portfolio for the time being. 10% AIG 10% AAPL (through year end) 10% ICE 10% GS 10% GOOG (might be 2-3 shares) 10% LMRA 10% AEOS (through end of year) 10% JCP (through end of year) 10% AMR (through end of year) 10% QQQQ After year end, you can roll a portion into cash or money market w/in your acct and look for new uptrending stocks. Good luck!

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maximum profit month by month........with that mindset id suggest purchasing 11,000 lotto tickets. lemme know how that works out for ya

bush-deathgrip

"Maximum profit month by month" speaks of a bad mindset. Don't follow/adj monthly. Building long term as anything can happen in any month. $11k low for any portfolio other than mutual funds & etfs. EWA Australia & IAU - gold - look good now but just 100 shares ea of those 2 is $9k, PBE the power shares biotech etf at $19 looks good also. Avoid brokers - fine with TD Ameritrade. E-mail if more qs fine.

vegas_iwish

Thats great you are forunate enough to have this amount of money to invest. While it's true you are young, if your goal is to invest for the long run, it doesn't mean you should take foolish risks. ETF's trade like stocks and there is a transaction fee for buying and selling them. If you plan to trade frequently, this wouldn't be the ideal option. The transaction fees would eat away any gains you made. Even $11,000 isn't much if you're trading ETF's or individual stocks. There are several other variables to consider including: What will this money be used for? How long is your time horizon? What is your marginal tax bracket? Will this be used for retirement? You get my point. I wish you the best of luck for your financial future. You are well on your way.

personalfinancedaily

I'd avoid mutual funds. There are too many costs that cut into earnings. I'd buy stocks. Learn more about the stock market and what to look for in a good company. Low Debt/Equity for example, the ratio of the company's debt to shareholder equity. Once you understand what characteristics a good company should have, run a stock screen (I like Yahoo!'s) to help find companies that meet the criteria you want. Try to find stocks that have good criteria, but are currently down compared to their 50-day or 200-day averages. You have a better chance of getting a good deal on a good company, unless the price is down bc of severe problems that have arisen.

STEPHEN J

gold

topmostezekiel

Stock and mutual funds are not what they used to be. The baby boomers are retiring now and what do you think it will do to the stock market, since they must begin to withdraw their funds and the baby boomers are the ones who built the market. I would suggest checking out a company called, Compass Financial Solutions. They deal with Managed FX Trading. I especially like the fact that you can have a 25% or less stop loss on all of your accounts. They do not pool money either. If you'd like to see a portfolio, get in touch with me. Or call Arne at 877-892-1320. Tell him I sent you. He'll be happy to explain a few things. Start investing now and it will grow well. They do IRA, ROTHS, etc. Good luck

cj

I'd suggest what one of the other posters said - place $4K into a Roth IRA and in that account, you can trade whichever stocks you'd like. You can ask others for specific names, I don't want to give you that specific of advice. I would say that you should focus on a basket of maybe 4 or 5 stocks in the major industrial categories (one major oil/gas company, one financial company, one consumer products company and one healthcare company, for instance). Of the remaing $7K, look into a Russell 2000 ETF product or something like the Vanguard S&P 500 fund for $4K of the remaining. With the remaining $3K, allocate $1,500 to an index fund that tracks the MSCI (International index) and $1,500 into GLD which is a Gold ETF and will give you some inflation protection and commodity exposure. This will give you a well-rounded base and a decently appropriate asset allocation for your age, what with me not know anything else about your financial circumstances.

Stock Jock

ask PROFESSIONALS in this field not people in here & also try NYC its all about business in Manhattan!!!!!!!!!! Lots of $$$$$$$$$ there

Dude, did you just rob a bank? How about investing in my future? I'm going to be a doctor and I'll pay you back. Thanks in advance.

Hung N

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