Dip in stock market both in US and Europe in past few weeks inspired me to setup portfolio for both my boys aged 1 & 3. I plan drop in 10k as initial invest and then top with 1k annually. Gran parents will drop another 10 in both portfolio's.
Idea is to make this purely buy and hold portfolio for next 20 - 25 years or minimally managed meaning annual portfolio balancing, and have it to gain enough to be meaningful amount to help them with life bigger purchases when they want to buy their fist home for example.
I'm going allocate 60% into index funds but for remaining 40% I'm considering individual stock names for better gains.
I have a hard time figuring out best way to pick stocks around the themes I think are going grow in this timeframe.
Investing themes I'm thinking are:
Rare earth metal
Elderly care / elderly heathcare services.
Green energy/ EV / I know standard answer here TSLA but I'm not convinced they be the long term winner.
SaaS software. Enterprise still has long way to go in automation.
Africa/Asia(outside of China and Japan)
Space exploration. I might give up on this one because while I think 20 years are long enough to play this most of the stuff trading on this is effectively meme stocks.
Ben 23 : 60% etf is a good choice. Can consider SPY, semi conductor etf as part of portfolio. 40% would advice to put most in value stock and a smaller percentage in growth stock due to its volatility. Unless if you are a risk taker.
mooster Han OP Ben 23 : nice idea
Ferdinandy : Even if it’s green all week. Earnings gonna send this thing -20% like $Netflix (NFLX.US)$ lmao
Squid-Vicious : I was thinking of doing the same for my daughter. I was considering holding long on Uranium stocks, as I feel the world shifting towards using Uranium energy as a main power source due to its' low emissions and relative safety. $Uranium Royalty (UROY.US)$ and $Uranium Energy (UEC.US)$ and $Denison Mines (DNN.US)$ all sound promising and do not seem too volatile long term. Also you can get each at a low price right now. Some others I was looking into: $Kinross Gold (KGC.US)$ $Ur-Energy (URG.US)$ $Cameco (CCJ.US)$ $NexGen Energy (NXE.US)$
hgar : you are picking VERY speculative areas, and areas where half the companies in it currently will not even exist in the next 10 years.
Mitsubishi Financial, Petrobras, Ping An, Sanlam, Toyota/Honda, SK Telecom, Verizon, Ambev, Takeda, and some of the big pharmas and banks are the kinds of companies i'd choose if i were making a buy-and-forget portfolio. consumer staple brands like Unilever, Nestle, etc are safe as well. I would also put some amount into blackrock bond funds, they have hundreds to choose from but my first choice would be FALN. i'd also get some of their country-specific ETFs like EWJ or EWZ. they tend to be a little too concentrated (EWJ is actually less top-heavy than SPY), but a lot of the companies in them are simply not available to trade in the US