Where I am now is pondering whether I want to put my energy into working w/ specific etf's (like VHT) or stay with individual stocks.
For the most part we’ve adopted the Boglehead way of investing - sticking to low cost broad market index funds. (Well, we’re working our way there - we still own too much stock in his employer and my former employer.)
But we’ve also said that we’ll always invest 5% in stuff we find interesting. Up until now, that’s meant individual stocks in mostly local companies (3M, Target, etc.) in our IRAs. The healthcare ETF goes into that 5% bucket.
I have no idea what my husband wants to do with the TDAmeritrade account, whether it will be a sector investment or a broad market one. He’s going to retire in a year and part of this experiment is to see who he feel most comfortable with when it comes time to roll over his 401(k) - TDAmeritrade, Scottrade, or Vanguard. My rollover is at Fidelity.