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REDDIT

Best Captial Allocation Strategy?

Hi, I am 19 have 16k that I am wanting to invest. I would like some insight on the following decision:

(1) Do I distribute this into **several** ETF's such as IVV, NDQ, VGT etc and a small percentage to single stocks and routinely invest into these?

OR

(2) Do I invest most into maybe 1 or 2 ETF's and a small percentage into single stocks whilst also routinely investing into these?

What I'm asking is, would it be beneficial to invest a larger sum into 1 or 2 ETF's rather than investing in smaller amounts into an array of different ETF's? I'm aware that a single ETF does provide instant diversification, just curious as for what would provide a better return over time. Cheers