So I am a newbie when it comes down to actual investing, I'm done with memestocks/coins since I actually decided to invest long term (5-10 years) and the last few weeks I've been looking at what industries will do well in the long term.
I've concluded that space tech will see a huge boom in the next decade and the stock that caught my eye is RKLB. So I'm waiting for a good entry for the stock at the moment and after that I will DCA with a part of my salary every month and take (small) profits when it rises.
Another industry that will do well is AI, but I am certain that we are in an AI bubble so I'm very cautious with everything related to AI and want to allocate only a small portion of my portfolio to AI related stocks. However, I found WTAI which is an AI stock ETF and I'm thinking of buying some.
Do you guys have any advice for someone who just started investing? Is DCA the way to go? I don't feel comfortable throwing all my cash at once that seems stupid. I always want some cash laying around in case the markets crash to buy the dip. How diverse are your portfolio's? I've read that a healthy portfolio needs something like 50+ stocks but I spend weeks and can only name a couple of stocks that I'm comfortable with...would you advise to just buy SPY/QQQ instead?
Thanks in advance!
[link] [comments] https://www.reddit.com/r/stocks/comments/13y9jsk/advice_for_long_term_stocksportfolio/
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