Hi all, I have managed to save up just under £70k from jobs that I've had since around 19, and I am looking to start investing. I had started investing when i was about 19, and I had put money into crypto and index funds, as well as a few other random things. However, the start of my investing career was around the time of covid, which scared me off and since then any money I've put aside has just been put into high-yield savings accounts (obviously regret this now with how much the S&P500, cyrpto and World indexes have gone up in that time haha). My current planned allocation is below:
\- 40% in FTSE all world (VWRP)
\- 35% in high yield easy access savings accounts
\-15% in Emerging Markets ETF (VFEG)
\- 5% in individual high growth stocks (personally looking at AI stocks, but not finalised the exact stocks as of yet)
\- 2.5% in gold
\- 2.5% in Bitcoin
I am also unsure if i should just dump everything in at once, or if I should DCA. I am definitely more on the conservative side of risk, and I'm scared if I lost say 10% in the market before the end of the year I'd cash out and then have the same regrets as I did when I cashed out during covid. So my thinking is that if I put in say £10k, and set up auto-investing of £2k for the foreseeable future, I'd be more likely to stick to my investment plan.
If anyone has any opinions on my portfolio allocation, or any tips on whether I should dump or use DCA, I'd really appreciate it!