Simplifying my investments

When I first delved into investing in shares, I, like many newbies, became allured by thematic etfs and penny stocks. This was prior to becoming fully aware of the fees associated with ETF's or the extreme volatility of penny stocks. I have since thankfully invested in low-fee index funds, however am now left with the decision of selling off and moving my other stocks to consolidate. I realise there is no right or wrong answer without being able to predict the future, but I was wondering if you could talk through the pro's and con's of consolidating my investments. For context, I am looking to invest over a long timespan, however am not sure whether selling my ETF's/paying CGT goes against the adage of 'never sell/never interrupt compounding'.

Dean E

Asked on 13 February 2024

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