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I prefer ETF to mutual funds. I do not want capital gains distributions from mutual funds. I would sell your first three and buy VOO and QQQ, then a much smaller allocation to IVES and GRNY. You need some financials. I own Goldman Sachs and NASDAQ the stock exchange along with Capital One.
Good luck. Tom Lee has it in GRNY
Yes, run. You can build a simple portfolio of broad market ETFs like VOO and QQQ. If you want some higher expense ratio ETFs with top managers, look at Wedbush Dan Ives AI Revolution (IVES) and Fundstrat Tom Lee Granny Shots (GRNY).
GRNY ready to shoot her shot
GRNY ETF (it gets rebalanced quarterly, so can pretty much set and forget). I would not feel comfortable holding some individual stock for this long. Individual companies may fall out of investors favour and you need to react.
SMH, GRNY, and MSFT SMH, as I believe semiconductors will continue to rule for the next 20 years. GRNY, because I like their double-thematic approach to regularly beating the S&P. MSFT is the best long-term dividend growth tech stock and will win the AI software and cloud game.
#tom cuck lee’s GRNY outperformed S&P ytd LMAO 🤌
I like GRNY and do hold some but it has a high expense ratio and some of the picks are questionable. Like TSLA is the top holding.
For long term growth, look at these two ETFs: IVES is the Dan Ives AI Revolution ETF which has about 30 stocks. It is new and I have done really well with this. GRNY is the Fundstrat Tom Lee Granny Shots where Lee identifies major secular trends and invests in companies that benefit from at least three trends. Price has been consolidating in the past few weeks. I own both, but more in IVES. The beauty of a Roth is you can invest in growth and forget. You need to leave the money there for five years minimum to not to tagged with a 10% early withdrawal fee.
Why did Tom Lee name his fund granny (GRNY)? Sus as fuk.
Why did Tom Lee name his ETF GRNY( granny) Smells fishy.
Same for BNMR NAD GRNY, just an extra FU to Mr. Fat cuck.
I bought two $26 GRNY calls for 2028 to be part of the Ai memes a few weeks ago, but surprisingly they're up 20% right now.
Hey, I ain't no simp and I like Tom Lee. GRNY etf doing great for me.
Select good quality ETF that gets rebalanced 2-4 times a year, and buy shares regularly on market pullbacks. Set up a trailing stop at i.e. 5% drawdown, that will automatically get you out on major market correction (make sure to get back as market starts recovery - follow market news on weekly or at least monthly basis). Meanwhile, keep learning about investment strategies and markets from YouTube / podcasts (my fav - Thoughtful Money), or better books - much less overwhelm. My favourite ETFs are SPMO and GRNY.
I plan to hold and add to IBIT and GRNY as part of my portfolio. Typically I hold TQQQ in bullish market conditions. Most individual stocks are swing trades for me and often I choose the leveraged versions.
Good find, but he already has GRNY for large cap tech, is this just like a publicly traded managed fund like what Cathy Wood does? Wondering what the synergy is here. He already has Fundstrat, BMNR, GRNY, and now this, as well as media. That’s stretched pretty thin if you ask me
Am I stupid, or are the 2028 GRNY ATM calls a good deal? $480 dollars, break-even of 19%, and 848 days of theta decay. With interest rates getting cut and money being deployed into tech into 2026, I just feel like these might be amazing long-term plays. Has anyone else considered these?
tom Lee's fundstrat ETF $GRNY is up 25% in 10 months, pretty strong performance
Nice…yeah, that’s why I was bullish on BMNR. Media was saying Tom Lee’s hair was ripping MSTR but for ETH, but to me it seemed smarter otherwise Tom Lee’s hair would just keep focusing on GRNY
GRNY, I was kidding but it’s not a bad idea if u tired of active investing.
# TIME TO GRNY AND CHILL https://preview.redd.it/9rplsyvon8pf1.jpeg?width=452&format=pjpg&auto=webp&s=d03bd709b5e60d5fe2ab151e367d0568ca4b560d
Buy some GRNY and sell some BMNR puts. Bullish on Tom Lee.
I am pretty intrigued by GRNY because I like Tom Lee. Performance has been good so far but it’s not even a year old so not nearly enough time to determine whether it’s a good fund. It’s a risk that I’m willing to take with a portion of my portfolio.
More growth oriented than VOO, try VGT and/or VUG or maybe sprinkle in some GRNY or whatever floats your boat.
Try to research GRNY shots ETF by Fundstrat (TOM LEE). Watch his interview of YouTube channel The Compound and visit the Fundstrat website.
I’m starting a long term dca into GRNY
GRNY appears to invest mostly in deep growth stocks with few dividends. If the dividends are lower than the management fees, the fees would consume them and the fund wouldn't need to distribute any dividends.
GRNY does not invest in any dividend-paying stocks, so it has no dividends to distribute.
If it does pay a dividned it will show up in your account as a cash deposit or if you have dividend reinvestment turned on a cash deposit immediently followed by a purchase GRNY shares.
In the US if a ETF mutual fund receives a dividend from a company in their holdings they are required to pass that on to you. So a ETF like VOO, SPY do pay a dividned of 1.3% So small most wouldn't notice it. I don't know anything about GRNY so I cannot say what is going on with that fund. I invest in Dividend ETFs and I am currently living off of my dividend in early retirment.
Good question. The GRNY prospectus says they pay out dividends quarterly, but I don't see a single dividend distribution yet, although they own dividend-paying stocks. The fund has grown massively since it was created last year - from 0 to 2.3 billion. Perhaps that has something to do with the lack of a dividend yet, and perhaps they'll issue one before the end of their first full year, and subsequent dividends more regularly when flows are less massive. But I'm just guessing - I'm tempted to tag Tom Lee on Twitter b/c he just might respond and clarify.
I’m betting long term on IBIT and GRNY
Tom Lee's ETF GRNY is hot.
Anyone have any $GRNY? Tom Lee's Fundstrat
Yes…invest in $IBIT $ETHA and $GRNY and next market dip add some $PLTR $HOOD $TSLA $MSTR. You will have 7 digits in 4 years
Set up a Roth IRA. Learn about dollar cost averaging. Read “One Up on Wall Street” by Peter Lynch, then his sequel “Beating the Street.” Join the American Association of Individual Investors (AAII) to learn about different investing styles. Study these two ETFs that are designed for growth based on leading themes driving the economy: IVES - Dan IVES Wedbush AI Revolution ETF. Dan Ives is a leading Wall Street tech and AI analyst. This ETF holds Ives top AI companies. GRNY - Fundstrat Grany Shots US Large Cap. This is Wall Street analyst Tom Lee’s top 30 in the S&P 500 based on long term themes reshaping the economy and the world. There are some stocks that are held by both IVES and GRNY. QQQ is the NASDAQ 100, which has more growth and volatility than the S&P 500 (VOO). Both can be foundations for a portfolio. If you are young, investing through a Roth IRA, and wanting to start building wealth (i.e. do not plan to spend these funds), I would invest in QQQ, IVES, and GRNY, then build up VOO which is Vanguard’s S&P 500. Once you have $20,000 in ETFs, look at individual stocks after reading Peter Lynch, AAII and the business press. Invest in educating yourself.
Not as advise, but curious - do you see the same potential with GRNY? we chatted about it a couple of days ago, I am still looking at it
wtf do you have against GRNY?
bought equal amounts of ARKK and GRNY the other week just to watch cathie and tom lee race around a go-cart track. so far cathie is 5% ahead. \[takes a bite of corn dog\]
Take a look at ETF by Tom Lee at Fundstrat--- Granny Shots ETF (GRNY) Yes it is real and LEGIT....
Well, since your comment he has launched his ETF GRNY ETF and he has so far outperformed the wider market (no track record though). I discovered this dude today, don't remember seeing him on CNBC before (only watch it sporadically).
you mean GRNY shifting
Buying the same amount of GRNY and ARKK and making Tom and Cathie race for my amusement while I rip apart a turkey and spill wine.
I’m starting a long term dca into GRNY. Maybe a 10% of portfolio position eventually. Made the mistake of going too heavy into an etf ipo once but I do trust this fund more than the last one I tried.
100% his fund has an ETF: GRNY for “Granny Shots” you can find the explanation of how he put it together on YT
There are two ETFs by top tech analysts you can buy and hold for 5-10 years: IVES is Dan Ives (Wedbush) AI ETF. GRNY is Tom Lee’s (Fundstrat) “Granny shots” ETF based on seven long term trends & themes. Many of the stocks in these ETFs are in much lower cost Vanguard growth ETFs like VOOG and VONG.
Maybe OP should put it in GRNY ETF.
RKLB, PL and LUNR since I cannot buy SpaceX. ETF I like is GRNY although the expense ratio of .75 since it is an actively managed ETF by Tom Lee.
I owned it sold it 2022 crash and forgot to buy it back because I didn’t have the patience. Did nothing 2023 rebound year so I removed from my watch list. I have it now on my watch list. Recently added to GRNY ETF.
If you're willing to accept the increased volitility I'd say GRNY
100% into a riskier etf like GRNY. Or 50/50 with a bitcoin etf like IBIT.
This includes no international and includes an actively managed etf with a high expense ratio. I agree with VOO here, but there is no guarantee VUG will outperform and there is definitely no guarantee GRNY will outperform, especially with how much TV the guy does.
In 7-10 years, I think you'll do fine with something like this: 70% VOO - good core ETF to invest in good companies 20$ VUG - good growth oriented ETF but has more volatility 10% GRNY - potentially good growth ETF from a well known investor
Tom Lee going to change GRNY ticker to BOHICA
Well you should probably always have some exposure to stocks outside of the US, that’s just a premise of diversification. I’d argue that your combo of IVV, GRNY, S&P 500 equal weight, and NASDAQ is probably duplicative. Most of those underlying holdings are going to be the same with some weighted differently and I don’t think that’s adding much value. I’d suggest looking into US small and mid cap stocks and international index funds.
Had no clue Tom Lee had his own ETF: GRNY. Down 16% from ATH
Yeah too bad GRNY shit the bed today
Fat Cuck Lee’s ETF, GRNY.
Based on these findings, will you be personally investing in GRNY?
The returns are roughly close over 5 years hearten SMH and GRNY. The latter has more industry diversification - so technically if would be a more risk averse holding. Although, their active management for the fund is unproven - so that a risk to consider too 🤷
Hey! I coded up a backtest using their holdings from the fund's website since the count is a bit larger than what testfolio can offer. Flagging that there is a big assumption in this analysis that the holdings would be static throughout this time - which we know won't be the case in practice since a portion of this fund aims to be actively managed to the dynamics of the market as they see fit. I was quite surprised with the outcomes. Optimistically, it operates roughly as a 2X S&P500 with a better Sharpe ratio and without the hard drawdowns of a leverage ETF. I can't share the plots here because of the restrictions on this subreddit but here is the summary data in benchmarking against the S&P500: **1Y Annual Return** \* GRNY: 55.77% \* S&P500: 31.28% **5Y Annual Return** \* GRNY: 33.82% \* S&P500: 15.51% **10Y Annual Return** \* GRNY: 27.73% \* S&P500: 12.40%
$SPY $VOO $QQQ are ideal for retirement accounts. Fundstrat recently released $GRNY ETF and they have quality picks. The ETF is in the 20s. Just check the expense ratio. And a note: The market at the moment has a poor risk/reward short-term. Don't be surprised if things turn red at the start.
Your commentary is very interesting and serves as a good reminder for me. I was a fool, both figuratively and literally, when I subscribed to The Motley Fool for a year. I participated in two different programs with them, and what you’ve described about Tom is very reminiscent of my experience with them: 1) Anything you see from them on Yahoo Finance is just clickbait or them promoting their recommendations after they’ve already informed their paying clients. 2) They employ a bait-and-switch tactic. They lure you in with low-priced, general audience advice lists, but you quickly learn that all they’ve done is bring you slightly closer to the advice they’ve already given to their super premium subscribers. In other words, I need to temper my excitement for everything Tom says. He’s been pushing small caps for a long time, and it seems he advised his clients about them a year ago and has been evangelizing on CNBC ever since. So, if I’m going to listen to him, I likely need to establish a direct relationship with them. With regard to GRNY, it feels a bit like ARKK again.
I like Tom but .75 fee seems high. I will probably stick with Vanguard's MGK (mega cap growth) with its .07 fee. GRNY is more concentrated (looks like around 25-35 holdings) and obviously actively-managed... so I suppose time will tell if it outperforms MGK (or QQQ/SPY for that matter). I tend to doubt it but that's not a knock on Tom who does know what he's talking about. I think in the era of super low cost index funds, these actively managed funds and their high fees are a tough sell. They either have to have some sort of alternative strategy to sell (covered call ETFs for ex.), or else have a celebrity name at the helm like Tom. I think he will accumulate a decent AUM simply because it makes people feel like they have an account with an advisor who they've seen on TV.
I love my guy Tom **"MEGA BULL"** Lee. My fav CNBC contributor by far. But that's mostly because he's RIGHT more than WRONG. And that's because the mofo is ALWAYS BULLISH. Rightfully so since the market tends to go up. However, I did run back tests on his calls and they aren't all great since market does tend to go down and he'll never waver from telling you to buy so in a crash like 2020? Things might not have been optimal if you were listening to him cause he told you to buy the whole way down. Sure things went back up eventually but not everyone hand hold all the way down and others might have waited until the stock market cleared first. Remember that you ain't paying Tom Lee for Fundstrat research then you aren't his client. If you don't have money at Ritholtz wealth management then Josh Brown isn't responsible for your money. His stock picks are him shilling his positions or his clients positions AFTER they got in already. Same with Tom's talks on TV being stuff he already told clients in private before going on TV. There no free lunch especially on WS. In that sense, I won't be investing in GRNY either it's an active ETF. Also they are running on the fame/influence which I don't like for investments even if I like Tom. I like Tom but I have to take him with a grain of salt. IMO he's great to give perspective in the darkest times and when the market is climbing a wall of worry but I hope I'm not listening to him when the market starts a huge/long crash like in 2000 or 2007/08.
Just sold 45 NVDA 138 calls. All shares for now: NVDA, TSLA, GRNY