I’m looking for feedback on my current portfolio setup. Screenshots are from my Fidelity accounts.
-Do I have unnecessary overlap between funds that I should clean up?
-What would you change about the allocation?
-Where would you put the ~$10k cash sitting in my taxable brokerage?
Current situation: 26 years old, W-2 employee, Invested around $115k into the business in mid-2024 in which I do not pay myself anything.
I am sticking to my plan of maxing out my 401k and Roth ever year, which I've been lucky enough to do since 2024 when I found out what a 401k and Roth were...
The images are: taxable brokerage, rollover IRA, Roth IRA, and HSA.
I know there is probably some overlap here, especially across VOO, QQQM, large-cap growth, total market, and some of the Fidelity index funds. I’m not trying to overcomplicate this. I mostly want to build wealth aggressively while I’m young, but I also don’t want to be stupid about concentration, tax placement, or holding redundant funds.
One thing I’ve noticed mentally: the more I invest from my W-2 income, the less anxious I feel about the business because I know I’m still building personal assets outside of it.
Is that a reasonable mindset, or am I taking on too much risk between the business and a heavily stock-focused portfolio? aka does anyone else prefer to dump most of their post-tax income into the market?
What changes would you make?
Thanks in advance.