I have begun building my portfolio again and have noticed something. I get excited thinking about new assets (ETFs in my case). I am afraid if I don't pay attention I will end up with 20 different ETFs. I see a lot of other people on the boards here in a similar situation. a bond, international, emerging markets, total us, sp 500, mid cap, small cap... It seems it is easy to get excited about buying a new asset when it is probably better to keep investing in the few we have (at least for those who are not active). Here is my current portfolio and what I still plan to buy, please let me know if you think I am over doing it:
S&P 500, Emerging Markets, REIT, High Dividend
I have a little under 15K invested so far divided fairly evenly. They are all ETF's. I plan on adding a total bond ETF in the future.
Should I stop after that? Will it be worth the extra fees (I pay about $8 per transaction now and buy about 4 x a year) to get more "diversified" or would it just become redundant? I am afraid my investments will become my new consumerism and I will always be wanting to buy something new. I guess there are much worse things I could be over buying like shoes or something, but still.