Questions about long term investing
Hey everyone, I’m a 23yo NZ investor looking for some direction. Current portfolio is about $85k (up ~62% / ~$54k gains) and I’m investing ~$1k per fortnight. I hold VOO, TSLA, NIO, RKLB in IBKR, and about $12k in Kernel S&P500. I’m basically trying to figure out the smartest long-term approach as I grow this into a $1M+ portfolio.
I’m close to hitting the $50k FIF threshold, so I’m unsure whether I should keep things simple and lean heavily into the S&P500, or go more aggressive. Options I’m thinking about are: (1) stick mostly with S&P500 for consistency, (2) keep my current mix (VOO + a few growth stocks), or (3) go harder into higher growth (QQQ-style allocation / more individual stocks) and just accept FIF tax long-term.
Im currently able to avoid fif tax by using pie fund so its already taxed at 28%, but im also thinking maybe i should invest in higher growth stocks qqq, nsqad, semis, Ai
Main question is: once you’re crossing into FIF anyway, is it better to just focus on maximising growth, or still try to stay more conservative with index-heavy exposure? Keen to hear what others would do in this position long-term.