First, I will describe my current situation:
24yo, Employed at a multinational company with permanent contract, net salary is 2.7/2.8k a month including meal vouchers.
I get additional 4k net a year between bonuses, double pay etc. I will get a promotion soon but salary increase will only be around 100€.
I spend a bit less than half of what I make (I keep track of it). I don't have and I don't want a car, my expenses are mostly rent, food, and trips to see my family and girlfriend in my home country.
I have recently inherited around 50k, and I already had 25k in savings from my own.
Now, I would like to invest around 60k, and keep 15k in my account in case I need it. I do have some experience with investing, but I cashed out last year following some personal issues. Also I never did it with serious money, but now I would like to.
I live in a country with zero capital gain tax (on stocks), only dividends are taxed. Gains from most accumulating ETFs are also taxed
My minimum goal is to have 200k total by 30yo.
This is my plan:
Is this portfolio too conservative? In general, is this a sounding and reasonable plan?
The point I question the most is the 10k in the savings account. I know it's low, but I like the idea of having a good share of my investment safe and producing a 100% secure return. I would hold for 6 years then see where I am.
24yo, Employed at a multinational company with permanent contract, net salary is 2.7/2.8k a month including meal vouchers.
I get additional 4k net a year between bonuses, double pay etc. I will get a promotion soon but salary increase will only be around 100€.
I spend a bit less than half of what I make (I keep track of it). I don't have and I don't want a car, my expenses are mostly rent, food, and trips to see my family and girlfriend in my home country.
I have recently inherited around 50k, and I already had 25k in savings from my own.
Now, I would like to invest around 60k, and keep 15k in my account in case I need it. I do have some experience with investing, but I cashed out last year following some personal issues. Also I never did it with serious money, but now I would like to.
I live in a country with zero capital gain tax (on stocks), only dividends are taxed. Gains from most accumulating ETFs are also taxed
My minimum goal is to have 200k total by 30yo.
This is my plan:
- Invest 60k in this portfolio:
- 20k iShares S&P 500 | iShares Core S&P 500 UCITS ETF USD (Acc)
- 10k Invesco S&P 500 Equal Weight | Invesco S&P 500 Equal Weight UCITS ETF Acc
- 5k iShares S&P 500 Inf Tech Sector | iShares S&P 500 Inf Tech Sector ETF USD Acc
- 10k in Savings account with 3% net annual interest
- 2.5k AAPL (Apple)
- 1k AMZN (Amazon)
- 1k TSLA (Tesla)
- 0,5k PFE (Pfizer)
- 1k MBGD.DE (Mercedes)
- 1k BABA
- 1k Nvidia
- 4k in penny stocks that I still haven't researched
- 1k crypto
Is this portfolio too conservative? In general, is this a sounding and reasonable plan?
The point I question the most is the 10k in the savings account. I know it's low, but I like the idea of having a good share of my investment safe and producing a 100% secure return. I would hold for 6 years then see where I am.