Uninformed long-term investing at 22.. Would you change this pie allocation & how?
I’m 22 and pretty new to investing, so I wanted to get some genuine opinions on my current pie and whether I’m thinking about this the right way long term. I’ll be honest — I didn’t spend years researching this or building some ultra-complex strategy (clearly) I used ChatGPT to help structure the pie, but I’ve quickly realised after going down the Trading212 Reddit rabbit hole that the quality of the answer is only as good as the prompt you give it and there’s obviously a lot more nuance once you start reading what experienced investors think. Before the April tax year ended, I basically put most of my money in so I could use up my ISA allocation while I still had the chance, so now I’m trying to make sure I haven’t rushed into something badly thought out. I’m very aware of everything going on globally at the moment — wars, Iran tensions, AI hype, recession talk, possible bubbles, people saying the US market is overvalued etc. Personally I don’t think the US economy is just going to collapse overnight, but it’s still interesting hearing all the different viewpoints. I also notice a lot of people here are heavily into semiconductors, tech, leveraged ETFs, individual stocks and sector plays, whereas I’ve tried to keep things relatively broad and simple because this is definitely intended to be long-term investing for me. My thinking was basically: keep it diversified enough that I’m not overexposed to one thing, still aim for strong growth, but reduce unnecessary risk where possible. That said, I’m completely open to the idea that my allocations could be improved. If you were 22 again and building a long-term pie today, how would you structure it differently? Would you keep gold? Reduce overlap between S&P 500 and All World? Add emerging markets or small caps? Or just keep it simple and leave it alone for 20+ years? Also, for anyone using Trading212, how easy is it to rebalance or completely change your pie later on without making a mess of things?