10-22-2016, 07:51 AM
Hi and welcome. Glad to have more and more relatively young people join us!
I think you're off to a great start, just keep pouring in small amounts each month and I'm sure that the portfolio and your income will grow with time.
For some advice: You're young and, as far as I understand, the amounts are relatively small so I can see why you like to have some more risky ones there. However IPO/Young promising pretty much sounds exactly like high risk, high reward... so essentially you've got around 16% of your investment in quite risky areas. It sounds like a pretty high percentage to me, especially since often companies like that don't really have a great history of a stable and rising dividends... that's if they pay a dividend at all.
And since you have 30+ years until retirement, I think you could pretty easily reach your goal with a little less risk.
I think you're off to a great start, just keep pouring in small amounts each month and I'm sure that the portfolio and your income will grow with time.
For some advice: You're young and, as far as I understand, the amounts are relatively small so I can see why you like to have some more risky ones there. However IPO/Young promising pretty much sounds exactly like high risk, high reward... so essentially you've got around 16% of your investment in quite risky areas. It sounds like a pretty high percentage to me, especially since often companies like that don't really have a great history of a stable and rising dividends... that's if they pay a dividend at all.
And since you have 30+ years until retirement, I think you could pretty easily reach your goal with a little less risk.