Opinion needed on buying semiconductor and chip stocks
If this is not the right forum for stocks and ISA advice let me know and I will move it. Thanks.
For context I am very new to investing but have learnt a lot quickly. I started a month ago and have always used fixed cash ISA's (stupidly).
I earn 60k as a software developer. I have main my pot in a cash ISA which matures in Sep with only 3.5% gained. I invested this years ISA in a Vanguard all market index fund a month ago with 5k of that in a T212 ISA just recently. I also have and invest account which I will add 1k per month.
My 'problem'. My Vanguard has earned 6% in a month but the semiconductors industry is booming and the iShares ETF has gained around 40% in a month so I could be earning much more if this continues at even half that rate if I put my full years ISA allocation here.
Do you think I should sell my Vanguard and start an ISA transfer which will take at least 3-4 weeks, put the full 20k into the semiconductors ETF, then move my cash ISA into my Vanguard in Sep? Then I would have the index fund as the safe base and the ETF as the high powered earner.
Another option is to move my index fund to VGT which will take a couple of days and just invest the 5k into semiconductors. VGT has higher returns than the index fund but has seen lower gains than the semiconductors ETF.
In addition, I will use my invest account to buy Intel and Micron stock for starters and can add to it each month. I've been waiting for a pullback for weeks and have missed out on some big gains which is depressing but better late than never.
The reason for taking on more risk is I am about 100k short of being able to buy a house while preserving my savings. Basically trying to provide a better life for my family.
EDIT: Thanks all for the responses. My final thoughts are that I will not move my capital right now. IF I do I might switch to the S&P Vanguard ETF. By the time the funds are moved over to T212 the semi ETF could be fading out, or not. I will try and grab some gains on 212 with my higher-risk, smaller investments in semis SMH and see how this works out. If it takes a downturn then I will move into QQQ Nasdaq. I will also try and get in early on some smaller AI stocks, photonics and energy etc if I can.