Within a portfolio I believe it is good to have a well diversified selection of stocks and ETFs but how many ETFs are too many? You don't want them to overlap and be inefficient.
How many positions do you hold and then how many of those are broken down into an individual stock and how many are a ETF?
I am shooting for 15 positions with roughly 6 or 7 being the individual stocks while the rest are one broad ETF like VTI and the others are an ETF that cover the sector I choose to invest in. Thoughts on this and does anyone have a similar strategy?
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