Think I’m gonna lay off QQM for a while. I bought 4x Friday at 177.5ish. Total gain is 3.79%.. Maybe I’ll just dollar cost average buy like 3-5 shares a month. It currently makes up about 18% of my portfolio. FSMAX making about 11%. The rest FXAIX.
My hope with FSMAX was to capture total market bringing it in at about 20% of FSMAX + FXAIX total. Looking at historical returns of FSMAX over FXAIX I don’t really see FSMAX outperforming FXAIX.. I have definitely noticed that FSMAX is way more volatile that FXAIX which of course I’m sure you all know. I can’t find the graph visualizer website so this will do
FSMAX vs. FXAIX — ETF comparison tool
I feel like I’m kinda just taking the long way around to
Blazin
and
Sanrith Descartes
advice. While I completely did it in my 401k, in my personal portfolio I wanted to be a little more engaged than a one fund portfolio as it makes it more interesting and more interesting helps me consistently stay the course putting money in. This is a big psychological plus for me. It’s better I be engaged with my portfolio putting money in even if it’s not the best returns versus engaging it spending it in the “wants”.
TLDR: On the fence about putting more into FSMAX, not ready to completely exit, wanna do more research. FXAIX I’ll put more into to increase total % holdings. QQQM I’ll try to keep at about 20% of my portfolio. I do think the majority of tech top holdings in QQQM are overvalued right now. We will see.
This isn’t advice. Just journaling my journey.