Kiwi_G
2024-11-27

Looking for some ideas for an ETF / buy and hold for my 19 year old son to start DCA into while he's working a 'gap' half year from Uni. Hes a risk taker, and a spender so when he suggested DCA'ing a bit of his fortnightly pay ($30 p/hr) NZD i was thrilled. 

Thinking blended or growth. With Trump adminstration and Dow Jones and S&P 500 hitting all time highs, would love to hear what you would suggest. ~

$Invesco S&P 500 Value with Momentum ETF(SPVM)$ but tracks less than beta

VOO and IVV are obvious ones; expensive but would be fractional purchases.

$Schwab U.S. Large-Cap Growth ETF(SCHG)$ low expense, good YYD return, > beta large cap growth

$iShares Russell 1000 ETF(IWB)$ blend or growth

Suggestions welcome 🤗

@Tiger_comments @nomadic_m @SPACE ROCKET @Barcode @koolgal @TigerStars 

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Comments

  • nomadic_m
    2024-11-27
    nomadic_m
    at his age, I'd suggest kiwisaver growth or aggressive fund. aim to contribute enough to be eligible to receive the govt's $521 contribution 🙂
    • Kiwi_G
      agree. thanks 🙏🏻 he has this too but not matched by employer as he is a contractor. 😀👍🏻 could be enough, you’re right.
  • Barcode
    2024-11-27
    Barcode
    对他好!查看我的帖子$Schwab U.S. Large -Cap Growth ET(SCHG)$管理得很棒。他会做得很好$可口可乐(KO)$随着时间的推移。如果你想在股票代码下查看它们,我以前在这些上发过帖子。干杯BC🍀🍀🍀
    • BarcodeReplyKiwi_G
      不客气!祝你们俩交易愉快!🍀🍀🍀
    • Kiwi_G
      太棒了,谢谢BC😃
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