I’m a fairly conservative investor (everything in one broad based fund like VTI). But I’ve also worked for 15+ years in industrial technology and feel I am pretty informed on macro themes like electrification, automation, technology, etc. How would you recommend increasing exposure selectively to the industries and companies I have strong conviction for while still remaining risk averse? For context I’m in my mid-30s.
For others who are risk averse but who want to increase exposure to certain areas do you hold the majority of your portfolio in a broad based index and then increase exposure wirh individual company names? Or niche index funds? I don’t love the higher expense ratios many niche index funds charge, but maybe it’s the right risk-return investment rather than individual names.