Hey all, I’m looking for some input on building out a more diversified portfolio.
I’m a 26-year-old with a $150,000 life insurance policy that I plan to put into a brokerage account and use for retirement/investing. Right now, I have about $160,000 split between my Roth IRA and 401(k), all invested in ITOT (Total U.S. Stock Market ETF), which I like for broad exposure but feels very concentrated in U.S. equities.
I’d like to diversify more, particularly into tech growth ETFs, but am open to other ideas as well. My general goals:
• Long-term retirement growth (20+ years)
• Some diversification beyond total U.S. equities
• Willing to take reasonable risk for higher returns
• Dollar-cost averaging into positions rather than lump sum
What I’m thinking about adding:
• Tech / innovation ETFs
• International exposure
• Maybe some thematic or sector ETFs
Questions:
1. What are some reputable tech or growth ETFs I should consider?
2. How much weight would you put in tech vs. other areas (international, value, bonds, etc.)?
3. Do you think using the life insurance cash to buy individual stocks makes sense, or should I stick with ETFs?
4. Any allocation suggestions (e.g., % ITOT vs. tech vs. other)?
Appreciate any advice or link to good resources — thanks!