When I was younger I played around with individual stocks, made some big wins, and a lot large losses. It basically ended up as a wash.
As a result, in recent years, and as I’ve started to make more money, I’m primarily in VGT (NASDAQ tracking), SPLG/SPY (S&P500 tracking), and DIA (Dow Jones tracking).
My weighting is roughly as follows:
60% tech
20% S&P500
10% Dow Jones
10% other ETFs / a couple small holdings
My question is, what is the risk of well known ETFs liquidating?
For example, I noticed SPY has been around since the mid 90s, whereas SPLG has only been around since the mid 2000s.
The underlying holdings are basically the same. Younger ETFs shouldn’t be a cause for concern right?
Maybe it’s a dumb question but I just got to thinking about the risk of liquidation. I’m perfectly happy holding through the ups and downs though.
Thanks!
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