Looking for advice from experienced investors
Hey guys I just opened a ROTH IRA. I’m planning on maxing it out and have auto transfers and trades scheduled to do so. I’m investing 70% QQQM 30% S&P500 (whatever fidelity’s index for that is). What do you guys think about this? I’m want to be risky since I should have a lot of time in the market. I also read that high growth in ROTH is preferable due to no tax on growth. I will also be putting extra into a brokerage but have no idea what to invest that into. I make about 70k a year right now and have an emergency fund and get my employer match on my 401k. No debt. Do you guys think I messed up with this decision or not? If so how could I fix it? What should I invest in the brokerage account? Am I doing this right? Any advice on how to not overlap on stock covered in ETF? (I read this is a common mistake people overlook)Thanks for all and any advice! Please ask if more info is needed.