I’m 18 and have saved about £1,600 so far. I’m planning on investing £700 of it into ETFs for the long term and was looking at something like 60% CSPX, 25% VWRP and 15% EQQQ. The idea would be to keep adding money over time rather than just leaving it there.
I’ve been wondering how people usually balance ETFs with individual stocks. For example, putting some money into specific sectors or companies when opportunities come up (like defence companies with everything going on globally).
I’ve also seen a lot of people talk about dividend investing but I don’t fully understand how that works yet or whether it’s something people focus on later rather than early on.
At the moment the other £900 is just sitting in the Trading 212 cash ISA as a bit of a safety buffer.
Just interested in hearing how other people structure things and what approaches people tend to take when they’re starting out.