I have $3,000 in my Fidelity account that I haven’t touched since I sold my Tesla stock a year ago. My portfolio is mostly ETFs, but I can’t decide what to do with this cash. Any ideas?
It’s just $3k. Toss it into VTI and move on.
Kim said:
It’s just $3k. Toss it into VTI and move on.
Yeah, but I kind of want to try something different this time.
Kim said:
It’s just $3k. Toss it into VTI and move on.
Yeah, but I kind of want to try something different this time.
Honestly, $3k isn’t going to make or break you. Focus on building your career and income instead.
Throw it in VOO.
Another vote for VTI.
Just buy VT and let it sit there.
At least set your cash to earn money market rates while you figure it out.
Maybe take a chance on something like VGT, IYW, SOXX, or SMH.
Sawyer said:
Maybe take a chance on something like VGT, IYW, SOXX, or SMH.
I used to hold a lot of those—tech and semiconductors, mostly. They’ve taken a hit recently. Do you think it’s a good time to jump back in?
@Rory
I’m 42 and mostly in IVV and VGT/IYW. I’m fine with holding for the next 20+ years, so short-term dips don’t bother me.
Sawyer said:
@Rory
I’m 42 and mostly in IVV and VGT/IYW. I’m fine with holding for the next 20+ years, so short-term dips don’t bother me.
That’s a smart strategy. I switched my IVV for IWY and QQQ for better returns, but then I went all-in on tech ETFs this year. Told myself I wasn’t a trader and would ride the ups and downs, but the slide made me reconsider. Now I mostly hold SMH and shifted some into crypto. Risky stuff like MSTR, IBIT, MARA, and a few miners.
I’m 76, retired for over 20 years, and most of my stock portfolio is small enough that a loss wouldn’t ruin me. It’s more about the emotional sting than financial impact.
@Rory
That’s bold at 76! As long as it works for you, props!
Sawyer said:
@Rory
That’s bold at 76! As long as it works for you, props!
Thanks, but it’s easier to take risks when you don’t have much to lose. Most of my income comes from other investments. When I get tired of managing stocks, I might just go back to MAG-7 and growth ETFs. They’re less stressful—I even left for a month in Spain once without checking the market.
If individual stocks stress you out, just stick to an index fund or money market.
Have you maxed out your retirement accounts? If not, put it in VOO or VTI in a Roth and forget it.
Go for RKLB.
Rowan said:
Go for RKLB.
Interesting, I’ll check it out. Thanks!
Rowan said:
Go for RKLB.
Interesting, I’ll check it out. Thanks!
RKLB could be huge in the coming years with the space industry booming. Prices are cooling off right now—keep an eye on it.
Rowan said:
Go for RKLB.
Interesting, I’ll check it out. Thanks!
I followed similar advice months ago and turned $5k into $70k with RKLB.