Hi everyone, newer investor here.
My main account is my IRA and my holdings are as follows:
VOO: 59%
AVUV: 10%
VEA: 10%
AVDV: 7%
VWO: 7%
AVES: 7%
Having come in through the passive indexing door, I guess I have some attachment to vanguard funds for their low E.R.'s, but I believe that Avantis funds are well managed and worth the higher cost when seeking compensated risk factor exposure.
Aside from my title, I'm trying to open discussion and guess I have a lot of questions.
I'm having a hard time sticking to an overly simplified portfolio because I believe that it makes sense to be able to buy into certain sectors when the value is there. For instance, I tried to hold 80/20 VT/AVGV, but realized the top holding is AVLV which seems like it has a lot of overlap with the S&P 500.
Is there any real disadvantage to having a slightly messy portfolio? For instance, what if I want to hold VT and VOO because maybe focusing on buying more VOO when interest rates drop makes sense, but selling VT doesn't necessarily make sense. I'm not really planning on selling any of my assets for 30+ years, I just want the freedom to buy into any fund when it's on sale. Is there any reason I shouldn't have 7-10 ETF's that I buy cyclically depending on what the market/economy is doing?
I have a day job, but I believe that smart investing is a little more complex than just “VT and chill”. It would appear that a little bit of market timing and active management makes sense.
Is there really any point in owning AVGV when I can sort of customize allocations with other Avantis/Vanguard ETF's? Moreover, would an ETF like AVIV be worth the markup compared to something like VEA?
Any insights you might have are greatly appreciated. Happy Sunday!
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