I finally got around to rolling over the $68,000 sitting in my previous employer’s sponsored 401(k) account into a rollover IRA account. My current plan is just to buy $40k worth of SPY or VOO and buy QQQ with the remaining $28k balance. Is this a dumb plan? If yes, can you kindly suggest a smarter plan?
Info about me:
I’m in my early 30s and I have a 401k with my current employer with generous matching (~12%). I typically max out my 401k account.
Many thanks.
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