Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Looking to invest around 6k in an ETF

  • 22-03-2007 4:55pm
    #1
    SuperHans
    Closed Accounts Posts: 309 ✭✭


    I've only recently started investing and am trying to create a divesified portfolio which will give me a decent return.
    I am not averse to some risk, but I don't want to go down the line of speculative investments hoping for large returns just yet.
    I already have invested 5k in the Irish ETF, but am looking to diversify into a different market. I currently have 6k I want to invest. Anyone have any suggestions as to which ETF I should invest in? I was thinking along the lines of one of the US stock exchanges.
    Are ETFs the right option for me in relation to the aspirations outlined above?
    I'm fairly new to this so any help would be much appreciated.


Comments

  • #2
    A Random Walk
    Closed Accounts Posts: 346 ✭✭A Random Walk


    FYI I have a conflict of interest here re ETFs, so take what I say with a pinch of salt.

    Your real question isn't about ETFs imo, it's about portfolio planning, i.e. where do I invest, how much risk do I take, how much risk should I take. There's some good books that give advice - Malkiels book in particular. Some sites too e.g. google for "life cycle investing"

    Assuming you're young and it is money you can keep locked up for 20 years, you can afford to take on higher risk levels than if you were 64 and retiring next year. If it was me, I'd be minimising my commissions and diversifying by putting about 3k (to start with) into 4/5 ETFs (3k in each), and building a core portfolio of about 70% "solid boring" index ETFs e.g. US/Euro and putting my other 30% into places like China, Japan & some sectors I think might do well e.g. energy, technology, biotech. As I grow older, I'd increase my % that goes into safer indexes. Smaller companies have traditionally done better than larger companies, I'd be overweight there in my "safe" indexes (e.g. iShares Smallcap euro has done very well for me).


Advertisement