I wanted to make a quick update about my investing Journey especially in regards to choosing index funds. I'm still choosing to stay out of crypto but to invest indirectly in crypto through indexing.
I believe that the markets are going to be affected by crypto without directly investing in it. It's just like investing directly into a stock or anything else. With that much volatility, it doesn't make logical sense for me to have such a high position in it.
One thing I will say is that I've recently decided to switch from ETFs into mutual funds and here's why. What I love about ETFs is that they are low-cost, have a high diversification rate, and tend to stay away from the biases and permutations that intellectual investors can have about their investments. The downside is that the cost of ETFs fluctuate a little bit too much for one to invest the same amount month after month.
I started having some difficulties with ETF investing because I started realizing that the amount I was investing into my ETFs was going up and up and up. That's a good thing in the sense that the market is improving but it's a bad thing because you can't have the consistency that you will want as far as your magic allocation number.
Therefore, I've decided to switch to mutual funds which have essentially the same holdings but they do have fun managers. If the fund managers stay out of the direct course of the investments, it shouldn't be a problem. Especially with a company like Vanguard, they pride themselves onbeing true to the market. There are minimum investment fees but once you get past that then you can consistently invest the same amount every single month.
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