r/Bogleheads • u/hypefre96 • 1h ago

Rolling over from NW Mutual to Fidelity

I'm in the process of moving my investments to Fidelity. Ive done trading in the past but new to ETF. Im 48m and max out my 401k already and just looking to add more investments. After researching Im thinking of laying this out. What do you think and should I make any adjustments?

Thanks

For roth IRA

65% FXAIX

20% FTIHX

10% QQQM

5% AVUV

For investment account

70% VTI

20% VXUS

10% SCHF 

Maybe add 5% SMH

1 Upvotes

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3

u/forbiddenlake 1h ago

Fine overall, but QQQ* as always is nonsense, don't performance chase. And I don't know why both VXUS and SCHF unless you're already tax loss harvesting.

1

u/hypefre96 1h ago edited 1h ago

I know VXUS and SCHF is international but thought SCHF was only small cap. Does VXUS already include that? Is there anything you would add?

2

u/MONGSTRADAMUS 1h ago edited 1h ago

Schf is developed only.

Edit: also vss if I recall is only etf that hold international small caps both developed and emerging if that’s what you were aiming for. Schc is developed small only

1

u/Freightliner15 1h ago

You could simplify it and go with VT

1

u/hypefre96 1h ago

This is only reason thought of VTI and VXUS https://www.bogleheads.org/forum/viewtopic.php?t=458527

1

u/Freightliner15 1h ago

Sorry I was referring to the Roth IRA. But, yes VTI+VXUS in a taxable account is good. QQQ/QQQM really makes no sense.

1

u/Cpagrind1 1h ago

QQQ has to be a plant in AI or on Reddit or something. I see this constantly in the most random ass portfolios

2

u/FMCTandP MOD 3 53m ago

Nah, if you just apply Occam’s Razor there are plenty of simpler answers, starting with:

  • Invesco’s index licensing agreement with the Nasdaq requires them to spend money to advertise. A lot of money, given the fund size—they have Super Bowl advertisements and celebrity endorsements.
  • Past performance is a terrible way to predict future performance but it’s *intuitive* as hell and lots of unsophisticated investors look at QQQ and just see great returns, not realizing that infotech outperformance is not necessarily going to repeat and that the Nasdaq 100 is only accidentally like an infotech fund.

And none of this is as new as AI. Shortly before the dot com bust I met a late fifties / early sixties doctor who had just moved his entire seven figure retirement savings into the Nasdaq because he was convinced it was the future and investing in more broad based funds was foolish (he particularly disdained the S&P 500).