My New Portfolio Update
Decade Investor
June 23, 2023
I made a few changes to my portfolio so I want to update you. I used to have 35+ holdings, now I just have 7 ETFs I buy on a weekly basis.
I am all about simplicity. I want to keep my investing simple in my long term portfolio. To do that, I have now just kept it to buying 7 ETFs on a weekly basis.
VOO
SCHD
QQQM
QQQJ
VXUS
VXF
JEPQ
Let me break down each of these with how much I have in them below…
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My largest holding is by far VOO.
I currently have over $125,000 in VOO. This is my largest holding mainly because I love the S&P 500. This holds the 500 largest companies in the USA & I want to keep most of my money in that. I buy $250 a week in VOO & plan to increase that as much as I can over time until I have $1,000,000+ in VOO.
My second largest holding is SCHD.
I have this spread out across two accounts: My options portfolio where I take my profits & buy SCHD with them (I bought $500 of SCHD today before sending this out) + my M1 Finance portfolio. Combined I have just over $10,000 in SCHD. This pays me about $350 a year in dividends + price appreciation.
The rest of my holdings…
The rest of the value of my ETFs look like this:
QQQM = ~$2,500
QQQJ = ~$850
VXUS = ~$1,200
VXF = ~$1,200
JEPQ = $4,700
I add at a minimum $500 a week to these holdings. As I make more money, I invest more money. That is it. Simple, yet effective. It is how I have built over $300,000 invested by 25 & how I will reach multi-millionaire status in my lifetime.
Don’t overthink it. Focus on making more money, focus on spending less than you make, focus on being consistent. That is the secret.
Make more, invest more, be consistent = win.
Remember that M1 Portfolio I sold out of & sent to my options account? Well, I just made $895 (so far) this week on that money selling options. If you want to learn how, 5 people can get my $50 video course for just $35 (or 30% off). For $35 you can learn how to make $100s or even $1000s every single month on the stocks you already own. (Discount code already applied): https://decadeinvestor.gumroad.com/l/rauxb/newsletter
My Buys This Week:
I read a tweet by a Twitter friend of mine who trades stocks. He said to always take profits & buy long term holds with it. So… that is what I am going to start doing.
ETFs: $250 in VOO + $500 in JEPQ +
Tweet of the Week:
Looks like there is an error when trying to add tweets… sorry!
Thank you so much for reading & I will see you next week! Until then, keep buying assets & stacking those dividends. 🙂
- Decade Investor