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I began investing in July 2025, about six months ago, and during that time, I’ve changed my investment philosophy several times.
Initially, I started as a beginner with the S&P 500 and a few popular ETFs like SMH. By September and October, I had decent returns of around 4–5%, thanks to strong market performance during those months. I was constantly searching for new information and strategies on YouTube, Reddit, and through personal research. Eventually, I decided to adopt a simple four-ETF allocation:
* 50% S&P 500
* 25% Emerging Markets
* 15% Europe
* 10% Gold
This approach gave me solid global coverage, with allocations I controlled rather than relying on an FTSE All-World fund. However, the returns were predictable and offered limited growth potential.
I’m 25 years old and have a 20–25 year investment horizon, so I decided to take on more risk. Yesterday, after a market rally, I sold all my previous holdings at a profit and switched to a core-satellite strategy:
* 75% in VWCE (FTSE All-World) as the core
* 25% in a satellite position that I’ll adjust over time based on growth potential
Currently, I’ve invested the satellite portion in Microsoft, as it’s slightly dipped and forecasts suggest strong performance this year. My plan is to dollar-cost average (DCA) monthly while maintaining a 70% core / 30% satellite structure.
So far, I’ve tracked every dollar I’ve deposited into my Interactive Brokers account, and I’m up about 3% overall, not bad, though IBKR’s performance metrics differ. Still, I’m frustrated with constantly changing strategies, especially since buying and selling ETFs incurs fees and disrupts compounding.
Is this normal for a beginner with six months of experience?
Do you have any suggestions?