I would like some feedback on my portfolio and investing strategy. I have been investing for about 2 months with Freetrade.
I would say my main strategy is investing in ETFs and only investing in individual stocks if I understand them very well. I personally do not believe in needing to diversify, if you buy a few good businesses then there’s no need to diversify, if you’re investing in the long term.
I have only invested in Microsoft and Tech ETFs, and would invest about £250 each month. I’m a software developer, and tech is the only thing I understand very well and that’s why I chose to aggressively invest in it. I also plan on expanding and investing in more ETFs in the future, but right now these two are the only ones I’m comfortable in
What are some of your thoughts on my thought process and strategy. Is it flawed? Anywhere you think I could improve on?