Magnificent 7 ETF - MAGS
Someone may have already mentioned investing in MAGS ETF (Magnificent 7). It will give you exposure to the 7 big stocks (as of 1/2025):
META 14.90%
ALPHABET 14.77%
AMAZON 14.58%
NVIDIA 14.51%
MICROSOFT 14.43%
TESLA 13.63%
APPLE 13.16%
Negative is the expense ratio of 0.29%. (you could just buy the stocks through fractional shares yourselves and rebalance them). Also your at risk of investing only 7 stocks so maybe expect more volatility.
Positive, easy way to get exposure to the big 7.
I'm planning to slowly put money into this. Probably an initial investment of $5000 and then put in monthly into this ETF and see how it goes (maybe 500-1000 a month).
For the past year, it did outperform VTI, VOO, QQQ which all averaged around 25% for 2024.
MAGS in 2024 was about 55%.
If there is an ETF similar to MAGS with lower expense ratio, please let the community know. Thanks in advance.