Part 4/7:
Emmy's portfolio is substantially larger than Cole's, valued at nearly $330,000 and with a return of over 20%. It consists of ten holdings split between ETFs and individual stocks.
Critique and Suggestions
Similar to Cole's situation, there appears to be redundancy in the asset allocation. Emmy has several ETFs, such as VTI, IVE, and IWM, which present significant overlap in their underlying holdings.
The recommendation here is to simplify the portfolio by narrowing down to a few core ETFs like VTI and SCHD. This strategic refinement can help in reducing complexity while retaining diversity and solid exposure across sectors. Emmy's plan to add more crypto is noteworthy; however, it should be done cautiously to maintain a balanced risk profile.