Hello i am 19 and i made some money off solona during election time and jumped out along with a lot of my other crypto. Now that i am 19 i want to move all my crypto money into stock money because i dont have the time to actively look and monitor the prices. I also feel like it puts way too much stress on the body. With this lets say hypothetically i had 10k and wanted to diversify it into a fidelity roth ira account how should i split it. Right now im looking at (IVV, FXAIX, MSFT, AMZN, ASTS, and RKLB)
i know IVV and FXAIX is generally the same thing but in your opinion what is better? I plan to put 50-60% of my earnings into one of these 2 and view it as a savings. As for the MSFT and AMZN i plan to split 30% of my earnings into both as a savings but also if one of them goes up relatively high compared to the market i can sell and jump back in. As for ASTS and RKLB i plan to view this as my could go up high stocks. Maybe i will put 10% into it but should i do both or one over the other?
Also is my investing strategy bad coming from more experienced investors? If so what would you move around and change? If it is not too much as well can you explain why you change one thing over the other or change the strategy up completely?