I’m in my early 20s - NZ investor looking to invest consistently for the next 20–40 years.
Is IBKR worth switching to from Hatch, or is Hatch perfectly fine? I’d love to hear from people who’ve used both.
*Currently have $20,000NZD+ in my Hatch Account
I plan on Investing around $600-$1400NZD fortnightly, once my emergency fund is established properly.
Thanks in advance!
I’d love to get some opinions from people with more investing experience than me.
My current plan is to invest for the long term by contributing 70% to VOO and 30% to QQQM every fortnight.
I understand there’s a lot of overlap between the two ETFs, and I’ve spent a fair bit of time researching that. My thinking is that, given my age and long investment horizon, I’m comfortable taking on a bit more concentration risk in exchange for potentially higher growth. At the same time, I don’t want to overcomplicate my portfolio with too many ETFs.
A bit about my situation:
22 years old
Just over NZ$20,000 currently invested
Current portfolio:
40% VOO
40% QQQM
20% other holdings (nothing I’m planning to continue buying)
I earn around NZ$1,300 per week
I’m aiming to contribute a minimum of
NZ$800 per fortnight while continuing to build my emergency fund. I expect to increase my contributions over time as my income grows.
I’ve also looked into ETFs like VXUS, VTI, SPMO, and a few others, but I keep coming back to the idea that simplicity is probably best for me.
If you were in my position:
Would you stick with 70/30 VOO + QQQM?
Would you add international exposure (e.g. VXUS), VTI, or something else?
Or would you just go 100% VOO and call it a day?
I’m not looking for financial advice to blindly follow—I’m just interested in hearing different perspectives and whether there are any blind spots in my thinking.
Thanks in advance!
I’d love to get some opinions from people with more investing experience than me.
My current plan is to invest for the long term by contributing 70% to VOO and 30% to QQQM every fortnight.
I understand there’s a lot of overlap between the two ETFs, and I’ve spent a fair bit of time researching that. My thinking is that, given my age and long investment horizon, I’m comfortable taking on a bit more concentration risk in exchange for potentially higher growth. At the same time, I don’t want to overcomplicate my portfolio with too many ETFs.
A bit about my situation:
22 years old
Just over NZ$20,000 currently invested
Current portfolio:
40% VOO
40% QQQM
20% other holdings (nothing I’m planning to continue buying)
I earn around NZ$1,300 a week.
I’m aiming to invest around NZ $800 per fortnight while continuing to build my emergency fund (currently aiming for NZ $10,000-$15,000). I expect to increase my contributions over time as my income grows.
I’ve also looked into ETFs like VXUS, VTI, SPMO, and a few others, but I keep coming back to the idea that simplicity is probably best for me.
If you were in my position:
Would you stick with 70/30 VOO + QQQM?
Would you add international exposure (e.g. VXUS), VTI, or something else?
Or would you just go 100% VOO and call it a day?
I’m not looking for financial advice to blindly follow—I’m just interested in hearing different perspectives and whether there are any blind spots in my thinking.
Thanks in advance!