I am newer to investing and know that my personality and psychology do not align well with day trading / overly active investing.
I like the idea of more passive investing, so I landed on a VOO and chill strategy, where I simply DCA into VOO and try not to think about it too much.
Many people recommend diversifying with small caps, international, REITs, crypto, gold, etc. but to me, this is venturing too far into areas that I know nothing about. Whereas with the S&P 500, it is simply investing in big, American business, which I think is a reasonable bet.
Is this a viable strategy or do I really need to think about more diversification?