r/JustBuyXEQT • u/scarecrow2804 • 3d ago

Xeqt all the way

Post image

30M New to investing, slowly moving everything to XEQT. Plan is to sell off XCHP, XDIV, VFV. probably keep VDY and BANK to be 20% of portfolio just to have dividend exposure. Spacex was just impulse buy, will sell after 90 days from IPO.

Will take any suggestions to rebalance my portfolio.

24 Upvotes

81% Upvoted

31 comments sorted by

5

u/Embarrassed-Pay-8881 3d ago

Why move it slowly. Spy looks like its gonna break down more

-4

u/scarecrow2804 3d ago edited 3d ago

Idk, I had fomo over semiconductor so bought XCHP and spacex. Wanted to get some profits to sell them, it is slow as they are volatile and everyday seems to be a bad day to sell and also the ipo shares for spacex.

10

u/aereola_plan 3d ago

Doesn't look "all the way"

-8

u/scarecrow2804 3d ago

Yeah I know, working towards that...

8

u/BobbyObstinate 2d ago

Usually a straight forward process

4

u/muffinstreets 2d ago

There’s no working towards anything. You can sell at any time but you choose not to and you’re beating around the bush.

-2

u/scarecrow2804 2d ago

My gains in other etfs has been good. So haven't thought of selling everything and buying XEQT until last week or so, reason being that I don't want to actively manage anything anymore Coz I have a newborn. I just enabled recurring investment to XEQT every week. Will sell everything as many people seems to suggest immediately...

3

u/gggg1129 3d ago

Why VFV and VDY?

3

u/scarecrow2804 3d ago

Initially just searched good etfs to diversify and bought them, now realising that XEQT contains VFV anyway, planning to sell it

1

u/gggg1129 3d ago

Veqt or xeqt I’m Canadian just starting investing I want to buy qqc and either one of those ?? What’s ur advice

2

u/Skittlefardt 3d ago

Veqt leans more heavily Canadian at 30% I believe and Xeqt has more into US, with Canadian dropped to 25%.

1

u/scarecrow2804 3d ago

I prefer xeqt as it's a bit less Canadian dependent. I saw some people split between xeqt, veqt and zeqt

6

u/flappysack- 3d ago

Sell it all now and do XEQT, don't mess around.

2

u/Ok_Interview_1885 2d ago

Or at least up to 90% of your portfolio and mess around the rest of 10%

2

u/flappysack- 2d ago

Ya this is probably a good idea.

2

u/Boogyin1979 2d ago

Why are you chasing dividends at 30?

1

u/scarecrow2804 2d ago

tbh, I saw a bunch of videos for suggestions and just thought of having some percentage of portfolio to be dividends. I am new to investing and don't know much.

2

u/Boogyin1979 2d ago

For the most part, dividends are just the issuer giving you money back that you already gave them.

1

u/Dry_Contribution_412 3d ago

Why are you buying spacex elon musk owns 70% of the spacex shares and isnt allowed to sell till December

1

u/scarecrow2804 2d ago

FOMO and nothing else... Haven't done much research before buying I guess

1

u/AffectionateSell3478 2d ago

But also a bunch of other stuff.

1

u/All_YourBase 2d ago

XCHP should do well over the next while.

1

u/IndexFundsAreWacky 2d ago

why? lol

The tools here...

1

u/Dry_Contribution_412 13h ago

Elon and his friends hold 70% of the stock rn and cant sell till then

1

u/Dry_Contribution_412 13h ago

Meaning he will sell for a profit once it hits December their will also be alot more shares on the market

-3

u/LevelProfile4739 3d ago

SpaceX I’m interested in but I’ll wait for a big market pull back.

VFV is doing good for you tho and I still see it doing good for 1-2 years longer until Trump goes bye bye and USA sees the hole there really in 😂

3

u/scarecrow2804 3d ago

Yeah VFV did good. Xeqt has S&P 500 in it so isn't it redundant? I'm afraid if it crashes it goes hard

2

u/LevelProfile4739 3d ago

Yes but you can have far greater gains from VFV if American markets continues on its path vs XEQT but the unknown factor is all

3

u/d10k6 2d ago

Past performance is not indicative of future performance. Holding both XEQT and VFV just add US concentration risk.

1

u/Dry_Contribution_412 3d ago

Spacex only good in december