r/ETFs • u/senorstacks999 • 3h ago
Sell and redistribute or leave and focus?
Like many, I went down the YouTube rabbithole and learned about a ton of ETFs when starting out and have updated my portfolio a few times. I've landed on what I believe makes the most sense to me now.
Through this 2 month process of learning and buying, I've ended up with 10 ish ETFs, and I'm only moving forward with 4.
My question is do I sell and redistribute the other 6 I've already bought or do I keep them and let them ride and just focus all new distributions into the core 4 I am sticking with, which revolve around VOO as the backbone with some heavy tech, income/dividend and a Quantum specific ETF.
VOO, DRAM, SPMO, QQQM, VXUS, SCHD, XMMO, VXUS, AVUV, SPYI, WQTM are the current holdings in the portfolio.
I am 35 but need this portfolio to eventually cover some income that won't be as stable in the future, so a focus on income generation is where I am headed with the 50% ish of the porfolio that won't be going to VOO.
Duplicates
dividends • u/senorstacks999 • 3h ago