Hey everyone,
So I have been doing my best to research (rookie investor) and take in opinions from as many sources as I can, I’m currently in my mid 20s and have enough cash at hand to start investing. As of 2025 I started investing in my Roth IRA maxing it out for the year, using fidelity GO, however I now feel a little more comfortable replacing fidelity go with my own managed account. I havee attempted to research investment strategies and realize I’ll never really beat the market on my own.
So my plan was to experiment with my own taxable account, consisting of 40% VOO (for broad exposure,) 40% QQQM (for growth) 15% SCHD (for stability) and 5% TQQQ (for volatile gains). This is currently my plan for what would become my personally managed ROTH IRA, but I also am considering this to be my strategy for my taxable account, as my horizon is long term I don’t mean to pull any funds from my taxable account until I could possibly buy a house or make another major financial move.
(Side note, I will still occasionally be investing in individual stocks outside of my ETFs in the taxable account)
Is this a stupid plan? I have found so many mixed opinions on mirroring your portfolios, I know some argue about asset location but I never seem to get a solid answer on how to do that. But would love to hear your thoughts, thanks in advance!