23 y/o trying to build wealth + help my family am I on the right track?
Hope im not breaking anything i posted my fidelity acc above and just learned about tradure.
I’m 23 and trying to build long-term wealth not just for myself, but to help my family get out of the “working forever” phase.
I just started investing recently, and right now I’m mainly in VOO and QQQM. My thinking was to keep it simple and focus on growth, especially with how strong tech/AI has been, which is why I added QQQM.
My approach so far:
• I invest consistently every month
• I keep some cash on the side to buy dips when they happen
I’m still learning as I go, so I wanted to get advice from people who were in a similar position and were able to build something meaningful over time.
My main questions:
• Is sticking with VOO + QQQM solid for the long term?
• Should I start adding individual stocks, or is that unnecessary risk right now?
Appreciate any advice I’m trying to be smart about this and stay consistent.
(I’ll attach a screenshot of my Fidelity account for context.)