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Alphabet Inc. (GOOG $314.81)
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NVIDIA Corporation (NVDA $188.66)
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iShares Core S&P U.S. Total Market Index ETF (XUU $68.85)
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Invesco S&P 500 Equal Weight Index ETF (EQL $42.22)
Q: Given that the market is broadening out and that I would like my portfolio to follow suit, I am thinking of switching half of my money in XUU, a market-cap weighted fund which makes up about 10% of my portfolio, to EQL, an S&P equal-weighted fund.
What would your opinion be on that?
Also, along the same line of thought, I'm considering trimming NVDIA and GOOG although the mere mention of it has my investing friends screaming "NO!". They understand the sentiment but think it's not the right time.
What would your opinion be on that?
Also, along the same line of thought, I'm considering trimming NVDIA and GOOG although the mere mention of it has my investing friends screaming "NO!". They understand the sentiment but think it's not the right time.
5i Research Answer:
We think XUU is a solid fund, but if diversiifcation is a goal then we think EQL makes good sense. For example, XUU currently is about 42% tech. EQL is barely at 10%.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG, NVDA.