Reddit Posts
What should I add? Thinking about adding a dividend stock.
{UKRAINE} I WANT PEOPLE TO FESS UP, NOW!
SFY: SoFi Select 500 ETF opinion/discussion
Mentions
Hey everyone, I’m 22 and will be graduating from nursing school this December. I’ll be starting my first RN job soon, and I really want to make sure I use my money wisely from the start. I’ve been reading a little about investing and really like the idea of keeping things simple and focusing on long-term growth. I’m willing to dive deep into things and study if it is required. That said, I’m still very new to all of this and not sure where to begin. My goals are to: • Learn how to invest responsibly • Understand retirement accounts (401k, Roth IRA, etc.) • Build good financial habits early • Set myself up for long-term financial independence Right now, I use Robinhood (with only a few hundred dollars invested in VOO and SFY), but I’m wondering if I should switch to something else before I really start investing seriously… maybe Fidelity, Vanguard, or Schwab? I’d love to hear your thoughts on that. If anyone has recommendations for: • Beginner-friendly books, YouTube channels, or podcasts • What order I should learn things in • How to approach investing as a new grad nurse with a modest starting income …I’d really appreciate it. Thanks in advance for any advice. I’m excited to start this journey the right way.
Did he do this for the Democratic [House Speaker Emerita Melissa Hortman](https://www.google.com/search?sca_esv=dd1bb8bd48a3d6f2&sxsrf=AE3TifPXEf7CSYFo32lH9A2Qf8vWHPGK0g%3A1757634155320&q=House+Speaker+Emerita+Melissa+Hortman&sa=X&ved=2ahUKEwjblOS78dGPAxXeJNAFHWp-HU4QxccNegQIKhAB&mstk=AUtExfCfK-Nr8hADb--eWiXlkYB2zFYp9qxRDUK2639l84PROBCABQwv_KvLCMNY-R8V37Lnz80fwQzpbJ73m__PxCcc6uWN8ysDigp8KmUFn-1OdP0hRxA6Gjy2_M4LKfYGIrCRJyD-6pnZgotBA2rMXGPHs7xrq-ctdrGjGE2Z0xj8SFY&csui=3) who was shot and killed?
SoFi has an S&P Select 500 ETF, SFY.
Here I go finteching again. SFY
SFY, IVE, IVW, are pretty much all the companies. I think SFY has a few different holdings. So, you could just reduce it down to SFY or a different S&P500 fund. Having international is fine. Tech is probably good long term however iShares does make a global tech fund that may intrigue you for this purpose. I don't know much about the factor rotation ones to be honest. Factor rotation is a viable strategy, but over the long term I'm pretty sure just a standard S&P500 find has beaten that strategy. What I do for my kid is take the mid/small cap weights of a total market fund but then increase them by x1.5. Over the long run the small cap value is fantastic and is great risk/reward. Over the long run as well mid cap blend is a perfect sweet spot. For my kid I have 58% SPLG 30% FMDE 12% AVUV.
I have $270k from my previous job/401k (was invested in SP500) that I left. New job has a different 401k that I do not like (UBS Wealth Management) and I won't get into it here as that is another story. I am rolling it over to another FI for a 1% match. Upon doing so I will now have more stocks I can invest in compared to where it was before. I have 2 other investments, a self directed @ 25% gain since I started it in 2023 and a Robo Roth IRA @ 6% gain since March of 2025. Self directed account stocks are SFY, SOFI, O, T and SCHD. Robo Roth IRA has too many to list. I would like to invest a decent amount into high dividend stocks. 50% will at least be invested back into SPY/SP500. What choices would you guys go with or should I not put anything into dividend stocks with this large 401k?
The massive SFY AH and premarket fluctuations are sus. These swings “aren’t real,” but they appear real in my portfolio. The question is, are they real enough to trigger trailing stop loss percentage sell orders? The current “fake” number shown by in my account is EXACTLY the current sell limit based on the trailing stop. I cancelled the order, but WTF is this about?
Can anyone ELI5 why SFY swings hard AH and premarket on Schwab, but is back to normal at open?
Synchrony $SFY doubled in the last year but nobody cares because it's not AI related and it's a financial.
It will recover though. A downturn was expected since they hit ATH in the early summer and a rate cut is all but happening in September. It probably couldn’t just keep on the trajectory it was on. I have SFY and Nvidia went from being about 4 percent of the holding to 15. Hopefully the fund managers realized some of those profits.
So I'm NOT an expert at this at all. But I do get nervous about how concentrated stock growth is in the top of the S&P and I genuinely believe a lot of other S&P stocks are good companies that should be growing as well. So while I invest in the S&P normally, I try to diversify a little by doing equal weight ETFs and stuff as well. Currently I have (in terms of S&P exposure): $SFY $SPYG $RSP (equal weight) $VOOV Once again feel free to roast me on this as I'm a newb for sure, but basically I just don't want so much of my money tied up in the Mag7. By targeting equal weight, growth, and value perspectives on the S&P I feel safer.
I think SFY has a huge growth potential. I think that’s my long term safe bet. And it’s
I know. I’ve made a lot and a little and you can buy SFY for 20 a share. So there are definitely ways to get in, inexpensively. A lot is about priorities. People on the Debt subreddit talk about filling bankruptcy for 5k of debt. These are the same people who will wonder why no one will rent to them or extend credit. It’s just definitely easier with more disposable income.
The main thing is VOO follows the s/p 500 index as far as holdings. SFY has things that are not in S/P 500 and is weighted on different growth factors. It might be more actively managed and it is a newer/smaller fund. I liked that about it and although smaller funds tend to have larger expenses than larger funds, this has expenses waived into the foreseeable future. And I was able to get it after a market beating so it has become a favorite for me.
What's the difference between SFY and the VOO ?
The truth is tech is involved in everything now and even moreso in the future. I like QQQM but I also love SFY because a lot of mega caps with heavy tech slant are there. I am going to take a minute to pat myself on the back for doubling down on SFY when it dropped to 14.
I'm unsure. But reading through the comments here it looks like the moat that they were hoping to develop (online one-stop shop for all financial needs) is being created by more established banks. I am curious about their ETF ticker SFY and may build a small position in that. Zero ER looks nice it seems like it follows the S&P 500, but with an ?algorithm? they use to make it more "specialized" I think? Up about 28% in the last year, VOO is up about 26% based on Google charts. So idk, going to find the perspecus and dig a bit more into how it works. But, from a quick look, it seems like it would be a good pick, assuming SOFI survives longterm.
Maybe the r/stocks and r/ETFs are better places to ask? Regards here will likely tell you to YOLO on options if you have access to that. VOO is nice, slightly lower cost vs SPY. Conversely you can buy SFY that has zero expense, or BKLC that also has zero expense and has outperformed SPY the past year.
Their primary goal is income. Income into your Roth is useless and counterproductive as you want your money in the market. Basically a hedge philosophy will always underperform the market when it is going up, and the market has been going up and will go up over the long term. When you are 70 and would like to draw some of your money out of the market each month, then consider something like this. FXAIX I assume... since SFY appeared April 2019, it outperforms VOO 90.23% to 89.64% to FXAIX's 89.4%. Basically, don't think this way. Expense ration is a trivial thing. Personally I would never buy a mutual fund like FXAIX when ETFs like VOO are available. I've never paid attention to SFY, and on the surface it would seem better with no fee, but its AUM and volume are less than 1% of VOO so the market hasn't embraced it for some reason. Bottom line, right now give "Right now I’m mostly invested into VGT, VTI, VOO, QQQ, and BETH", stop thinking about trivia like this expense ratio stuff and focus on VOO vs VGT vs QQQ thinking. Those are substantial decisions that will matter far, far, far more than the relative pennies in expense ratio differences.
Hey guys I’m 18 years old and have 2 questions about investing into my Roth IRA. I max it out every year. I know the decisions I make now massively impact the dollar amount at my retirement. Right now I’m mostly invested into VGT, VTI, VOO, QQQ, and BETH. What am I missing with Neos’s SPYI. I’m pretty sure it seems to good to be true. It says you get the returns of the S&P 500 as well as a few extra percentage points from their covered call strategy. However my SPYI is up less than half than that off VOO. I know the expense ratio is also quite high at 0.68%. On paper it seems like I should switch my voo into spyi but I’m pretty sure that is not the case. I could use some extra insight there. Secondly, as I said before I hold a lot of VOO. I’ve noticed that FXIAX has half of VOO’s expense ratio. This would make a 10,000+ difference in my portfolio at age 65. Furthermore SFY has a 0% net expense ratio but a 0.19% gross ratio. While I know the net ratio is the the one that matters, it also seems to good to be true. That being said, is there anything I am missing or should I switch all my voo over to FXIAX or FFY? Thank you for your time.
SFY is completely different than VOO as the holdings are based on SOFI's index. If you look at the holdings, SFY has AMZN has a top pick at 6.9% and apple is down at 4.9% alon with MSFT. In addition, the top 10 holdings are different as VOO has BRK and JPM whereas SFY has AVGO and CRM In addition, the expense ratio is 6x greater (.19 vs .03). If this is what you want, nothing wrong with that but if you want the SP500, I would sell it and buy VOO
They are both S&P 500 funds so they will track the same thing. VOO will have lower expense ratio and more liquidity so that would probably be preferred, but dont sell SFY as you will be taxed an any profit. Do what the other comment said and start buying VOO going forward while holding your sfy shares.
I belive VOO is slightly less expensive. So in the long run it will save you money. You dont have to sell SFY, you can also just start now and buy VOO going forward.
If you are looking for low-medium risk with somewhat predicable growth over the long term than nothing beats the S&P 500. Invest in something like VOO, VTI, SPY, SFY, etc As for the last question, I'm not sure. Invest only what you are ok with losing (since there is always risk in the market). Prioritize having an emergency fund in a HYSA (4+ months of living expenses) and invest what left over after expenses.
Does anyone have any experience with [SoFi's ETFs](https://www.sofi.com/invest/etfs/)? I'm 24 years old and invest in VOO, SCHD, and QQQM. I kind of like some of the SoFi ETFs (specifically, the VOO alternative SFY). Do you think switching/adding some into my portfolio would benefit or harm my overall goal (which is primarily growth with a little bit of income mixed in) Thank you :)
look at SFY but I am also a fan of SCHM, SCHA, and SCHF
What would yield a better result: VOO or SFY? The expense ratio of SFY is 0.0%, but less trading volume, and I realized that the TTM of SFY is 1.51%. This is in comparison to VOO with an expense ratio of 0.03% and a TTM of 1.58%.
Dude, are you late to every party? Rates are going to start going down by early spring at the latest. See if I am right or wrong. And my ETF portfolio of things like SFY, SCHM, and SCHA did 15 percent since January 1. Next year should be a banger for stocks and crypto. See if I am right or wrong.
Because I want to have certain percentages of things and so I do it individually. I like doing it and I also trade so it’s not a big deal. I do the same with my core stuff like SCHA, SCHM, and SFY because I favor mid caps and always seem to want a higher percentage than what a index does.
I put the most volatile stuff in the Roth. Emerging market and foreign in IRA. Aggressive growth and BITQ in HSA. And super boring growth ETFs like SFY, SCHM, SCHA, SCHF (I know, foreign), in regular brokerage. I know my colleagues in financial services are conservative with retirement but I feel differently. Because the 1700 I can get at 62 is my conservative part. Social Security isn’t going anywhere, that’s nonsense. Because then there would be riots like the Jan 6th but it would be everyone, not just some fringe weirdos.
Nice for sure, but to close to my s & p 500 fund SFY
Appreciate that brother. You say beginner, but it’s all theory at the end of the day. I asked 2 CFA friends about this and they insist dumping into VUG, QQQ, SFY, FMAGX etc are the clear ideal. Forgive me for poking around for further information. Thanks for bumping the thread
SFY is nothing like SPY in its weightings. For example, Amazon is the heaviest weighting by quite a bit.
Any reason you're just choosing between these 3? VOO or VTI is probably a better bet. In the case of SFY - it says it's sofi selected top 500 companies, probably extremely if not exactly the same as the S&p 500 index, which VOO tracks. SFY has an expense ratio of 0.19%, VOO is 0.03%.
$XERS is about to pump. Deal is on the table with $SFY SANOFY
If you ask Rick Ferri CFA or anyone on Bogleheads they'll tell you first make sure you have 6 month living expenses in HYSA. Then start doing a 3 fund portfolio. You can also just VT/BND 80/20. Or Blackrock equivalents. SFY(tidal trust etf) also has a S&P but not much liquidity. It looks like more dividend pay though since the price is so low. The way I see it, it's safer to throw all that into total market ETF's and 20% BND. Then take like 10k-20k and use that to trade $6+ stocks with.
Share price doesn’t matter. There are many S&P funds for example that are cheaper than VOO too, like the one by SoFi($SFY). Having more shares of a smaller fund isn’t going to make you more money. So for example, SFY was only $10 when it launched 4 years ago, and has gained 42%. That still only puts it at about $14 today. 100 shares at $10($1k) in $SFY turns into $1400 3.72 shares at $269/share ($1000) in that same timeframe it’s now $375/share or 41% higher, my math is a bit rough on the edges but it comes out to about $1400. Anyway, a reason you might want VTI instead of VOO is to have exposure to small and mid sized companies, and not just the companies that meet the criteria to join the S&P 500. The difference is quite small though, and I would think pairing Voo and a small cap fund could be a good way to get around that.
DO NOT USE OPTIONS FOR SFY. Terrible liquidity
SFY is sofi's sp500 etf. Tracks same percentage and currenty trades at about $14 per share. I'm not sure how liqiud its options are though.
Possibly this one with no expense. The performance is slightly different. Portfolio seems to be similar. Buyer beware. ​ https://etfdb.com/etf/SFY/#etf-ticker-profile
I automate into SoFi ETFs like WKLY, TGIF, SFY, and SFYX. Easiest way to do it.
SFY etf up 11% premarket Lol ok
1. Don't listen to Elon Musk. Warren Buffett is equally not a good source for modern investing. Understand the difference between investing, saving, and trading. 2. There's no recession coming. Recessions strike when people least expect them...not when sentiment is full on doom and gloom. 3. Now might be a great time to buy the borad market S&P 500 via ETF like $SFY $SPLG $VOO or $SPY. It's on sale and discounted from all the fear over the past 5 months. 4. Make your own decisions. Don't listen to WSB, me, Elon, or Warren. At the end of the day these are your finances and you have to live with the consequences. Good luck!
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SFY. Message /u/zjz if they're above 1.5 billion-ish market cap and not related to crypto/pennies/OTC.
ETF noob here, Is there any valid reason to switch from an ETF like SFY to VOO? Their Top 10 holdings are *similar.* Does volume of the actual ETF (not it's composition) matter at all? What I mean by this is: let's say as an extreme example that SFY is made up of retail investors who all panic sell their SFY shares. Would this cause SFY to tank and would I be boned? Am I better off being in a more "established" ETF like VOO?
Yes, this is what the Fed wants and it's working. Now shut up and buy $SFY, $SPLG, or $SPY.
Just buy $SFY, $SPLG, or $SPY every single month without question and regardless of the price. Over the long run you'll outperform 99% of people in the market and secure your family's financial future.
SFY was my go to. But it’s blocked on my broker. The monthly investment i thought about, it’s still an option at this point if I don’t find something decent for cheap. Thank you
The actual advice is to extend your timeframe. if your investing $25 a week, just switch up to investing once a month instead and buy something under $100 s share. But if it absolutely must be under $25, then QYLD or SFY
I've lost $12,000 since 2018. Traded millions of dollars to have the final P/L come out to ($12,000). You know what that taught me? That I have no edge. So I've turned into a boring boglehead who's only holding $SFY, which is $SPY for poor people. Sure, there might be some opportunities where asymmetrical dislocation might exist in the efficient market. But they are few and far between...only a handful per year fromy experience. Better to stop being a degenerate gambler and learn your lesson now before losing the other half of your net worth. Or go full smoothbrain and bet it all on one more trade. You'll either ride to Valhalla or be calling off your engagement 
What do you guys think about SFY? An etf from Sofi and seems to move like SPY. It’s new and only $15-16 and to be able to “save” in sort of nickels and dimes way? I know may not perform as well in the long term and of course hold the VOOs and SPYs and be concentrated there— but as a secondary and for these “habits”? Seems like a lot of thoughtful comments here and would love to get your guys take Thank!
What do you guys think about SFY? An etf from Sofi and seems to move like SPY. It’s new and only $15-16 and to be able to “save” in sort of nickels and dimes way? I know may not perform as well in the long term and of course hold the VOOs and SPYs and be concentrated there— but as a secondary and for these “habits”? Seems like a lot of thoughtful comments here and would love to get your guys take Thank!
Sir, this is r/stocks not r/wallstreetbets. That aside, the best thing for you to do now is to walk away from options speculation and trading, really. Walk away and never return. YOLOing your whole portfolio on any single trade...you now understand why you don't do that. Besides that, you need to just squirrel away money for you and your family. Just save and save and build up your reserves again. Depending on your own risk tolerance and personal circumstances you should stick with a continuum spanning from cash (inflation worries are greatly exaggerated) -> I-Bonds -> Money market funds (once interest rates rise these pay well for being risk free) -> high yield bond funds -> S&P 500 ETFs. I'd also start UTMA accounts for your kids and put money into an S&P 500 ETF like $SFY or $SPLG. Saving money for your kids in those accounts should grow into a nice headstart for them once they come of age. Hope this helps and I'm sorry for your financial loss. If this was WSB I'd end with "Press 'F' to pay respects".
Hi, total noob, need advice. I’m 40 years old and just starting to get more serious about my money. I have 10k and want to invest it. Want to build wealth. Fairly open to risk. I make $75k/yr in the US. I have a traditional rollover ira (automated investment of SFY, VEA, VWO, SFYX, VB) at sofi rolled over from an old job. I’m not currently maxed out because I wonder if it’s better to open a Roth and contribute to that instead in case I ever need to pull money out. No 401k at current job. I have a 30yr mortgage (270k) that I owe PMI on for the next several years. Paying off a couple of cars ~8k each and student loans (40k). All interest rates under 3%. I was thinking of maybe trying to save to purchase a vacation rental property. Not sure if that’s reasonable or smart. What would you do?
I like SFY etf. Planning to buy another batch next week.
This may be their downfall. With $750 million contribution ain't much but they are able to borrow against that from the central bank. Then they need to pay interest on the borrowed funds. Before that can happen, they have to establish loans to the public or they are just paying interest and gaining zero in return. My disclosure is I have many shares (4068) in $SFY since 3/20/2019. It is a growth fund, not a rocket to the moon. Didn't buy for the rocket ride.
Sofi- 31% Paypal-20% SFY- 9% MARATHON AMD DKNG-5% each MATIC-25%
You have a valid point. The S&P 500 etf's would likely only get you around $2k from $100 in 30 years if were assuming average returns. Perhaps a growth ETF may make more sense. The risk may be somewhat increased but i think its justified. I'm in SFY and it has gained about 20% a year on average, though it doesn't have much history, so even if we assume a mere 15% gain, it would be a substantial difference tripling the VOO investment after 30 years.
4 shares of SFY (an ETF like SPY but cheaper) + 2 shares of SOFI
SFY. It is pretty close to the S&P, but is technically a bit different. It’s under $20 USD too, so you can get it for not too much, unlike SPY.
You gotta understand that the market is cyclical. It’s like fashion. Tech is fashionable one season, then another sector like healthcare pumps, followed by a trend into financial sector, and then back to tech. I won’t tell you not to check every day because I know the impulse. Instead I suggest you hold and set up small recurring investments in etfs that seem interesting to you / have a nice dividend. Figure out what you can afford to spend via dollar cost averaging, buy every week and don’t worry about the month to month movements. Likely you will be well in the green once you reach my age. I do this now, but I wish I did it when I was 19. The etfs I like are: JVAL, IMTM, SFY, COM, CGW, SMH, XLF, SCHD, JVAL, and some others.
I’m holding small bags of CRWD and SHOP. It’s painful over the last 3 months. But in 4 years you probably will be glad you held. Ideally you should consider this a lesson in trying to time stocks. For your 2022 investments I recommend you buy ETFs like JVAL, SFY, COM, etc. You could dollar cost average into etfs and some blue chip stocks each week and come out ahead this year without having to sell your growth stocks. The price isn’t that important, you own parts of some great companies.
I agree with the others. Save some money for an emergency... But if you really want to invest, look up SFY. It is like the S&P 500(technically a bit different), and doesn’t cost very much per share (under $20)
So SFY's bid was 0.50 and its ask price was 2.57. Such a shame I couldn't sell it at the ask price. I'll hold the options for now
Anyone know why SFY is up 13% AH?
Hey guys, I'm new to option trading. Here is my situation" I bought 10 SFY 18.00C due in July for 0.91 each. Now they're worth $2.53. Should I sell or wait till we get closer to July? I guess their value is going to increase as we get closer.....right?
Hey guys, So I bought 10 SFY 18.00C due in July for 0.91 each. Now they're worth $2.53. Should I sell or wait till we get closer to July?
Yo my SFY call for July 2022 is ripping!
I’ve been riding with SFY since July, up 10% since
What’s the difference between VOO & VTI? Which would be better for long term investing, specifically in a Roth IRA account? I setup a Roth last week with SoFi and put $50 each into VOO, SFY, SFYF, SFYX, and GIGE. It was made apparent to me that several of these overlap and it didn’t make much sense to have holdings in each of these. Looking to sell the 4 SoFi ETFs and place everything into either VOO or VTI. Also, would it be wise to invest in bonds at all? I’m 22 and I don’t mind being super aggressive, but unsure if it’s a good idea to keep 100% in stocks. Any advice would be appreciated. Thanks I’m advance!
is SFY a good buy right now
I don't know if you realize it or not, but there is major overlap in-between those funds. To give an overly simple example, say that you invest in two funds. ABC fund and CBA fund. ABC fund invests in Apples Bananas and Carrots. CBA fund invests in Carrots Bananas and Apples. You may think you are diversifying by holding two different funds. But look inside and your actually holding the same investments. You might as well have just bought ABC twice. [https://www.morningstar.com/etfs/arcx/voo/portfolio](https://www.morningstar.com/etfs/arcx/voo/portfolio) [https://www.morningstar.com/etfs/arcx/sfy/portfolio](https://www.morningstar.com/etfs/arcx/sfy/portfolio) [https://www.morningstar.com/etfs/arcx/sfyf/portfolio](https://www.morningstar.com/etfs/arcx/sfyf/portfolio) [https://www.morningstar.com/etfs/xnas/gige/portfolio](https://www.morningstar.com/etfs/xnas/gige/portfolio) [https://www.morningstar.com/etfs/arcx/sfyx/portfolio](https://www.morningstar.com/etfs/arcx/sfyx/portfolio) Scroll down to the third section where it lists "holdings". VOO, SFY, SFYF all hold Apple, Amazon, Microsoft, Tesla, Nvidia, and Google. Just not always in that order. Ya might as well have just bought VOO+VOO+VOO+GIGE+SFYX Now if your doing that on purpose, there is not anything \~wrong\~ with the idea. Heck, my own portfolio does the same. But this is a common enough mistake that I feel I should mention it. Many new investors tick themselves into thinking they are diversifying when what they actually are doing is doubling down.
I opened a Roth IRA last week and put $50 into 5 ETFs (VOO, SFY, SFYF, GIGE, & SFYX, the later 4 being SoFi’s proprietary ETFs). Was this a good idea, or should I change something (add bonds or invest in foreign markets)? I turn 23 in February and likely won’t be able to max out my IRA given my current salary so I want to be rather aggressive for the time being. Any tips would be greatly appreciated!
I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SFY. Message /u/zjz if they're above 1.5 billion-ish market cap and not related to crypto/pennies/OTC.
I like what you have. I added a basket of financials to balance my growth. RF, STT, SFY, COF, ADS, ALLY, WFC for interest rate growth/ inflation hedge. Also a small low multiple pharma basket
Asshole couldn't carry my QQQ 400c 12/13...but at least he carried my SFY shares.
I bought the stock, don't play the options. That said, in less than a year, I have garnished dividends, plus it is up 13.09%. Not a rocket but better than bank interest by a long shot. I look at SOFI as a long term investment, not a casino. The fund I'm in holds, CASH .8%, $SFY 61.2%, $SFYX 6.4%, $VB 3.1%, $VEA 21.8%, $VWO 6.8%
Anyone have thoughts on the SoFi ETFs? SFY select 500 - looks pretty solid, just tracks the S&P 500 but weights position based on revenue and earnings as well as market cap. Best part is no management fee. So far looks like they are outperforming and should come back down to earth, unless there really is something to their algorithm. I am wary of something promising better than the index... but no fee is appealing.
Though it is wise to taking a financial account course, or just reading the chapter on the primary 3 report pages, you can still invest with confidence without knowing stuff by simply buying a low fee index ETF. This is what I tell most folks who start out who dont want to do any research. Just buy one of the following: VOO or VTI or BKLC or SFY The advantage to BKLC and SFY is no fees and cheaper share price so for those folks who only deposit say, $100/mo, they can still buy in easily with those without messing with fractal shares. But I really do believe that there is no better way to learn than jumping in. If you are willing to do your own research and think for yourself, jump in. At such a young age, they wont have much money anyway. Even if they lost it all, the damage is minimal and the lesson far more valuable than anything you can possibly get from a business degree. But that assumes you actually do the research and learn from both success and mistakes. Not everyone learns at the same speed. This guy however... seems to genuinely want to learn. So I say, let him push ahead. Doesnt matter if he fails. $2k is nothing. As long as he learns its well worth the risk.
Anyone know why SFY jumped after market?
Assuming you mean the SoFi Select 500, the distinction will probably not be large most of the time. I think a more important question is, why invest only in the largest stocks? Although they're somewhat more volatile, small cap value stocks have very high expected return, and including these in your portfolio will diversify it. Not to mention that picking the largest companies in the US excludes stocks in all other countries. In addition to SFY, you could consider including funds like [VXUS](https://investor.vanguard.com/etf/profile/VXUS) (total international), [VOE](https://investor.vanguard.com/etf/profile/VOE) (US mid cap value), [AVDV](https://www.avantisinvestors.com/content/avantis/en/investments/avantis-international-small-cap-value-etf.html) (international small cap value), and [AVUV](https://www.avantisinvestors.com/content/avantis/en/investments/avantis-u-s-small-cap-value-etf.html) (US small cap value).
Am I wrong to compound into $SFY rather than $SPY? I’m 27 and it feels like a great long term opportunity
SFY is sofi’s SP500 etf at just over $16/share.. has a bit higher expense ratio than voo or spy tho..
I am a bot. You submitted a picture of a banned ticker, SFY. This check will fire if you included unnecessary pictures that have bad phrases or a bad crop with news about cryptocoins, for example. Repost with the useless pictures omitted if you did that. Yell at /u/zjz if it's above 1.5 billion-ish market cap and not related to crypto/pennies/OTC/SPACs.
Sofi Select 500 (SFY) leaps seems too cheap to be true. Easy money?
Thoughts on SFY (Sofi select) 19c 2022 for .20?
Sofi has their own 500 Index called SFY, pretty cheap leaps. 19c 2022 for .20 thoughts?
Sofi has their own 500 Index called SFY, pretty cheap leaps. 19c 2022 for .20 thoughts?
SFY (Sofi Select) call leaps have such low volume that I’m not even down today. Follows SPY upwards but not downwards.
Sofi Select 500 (SFY) leaps seems too cheap to be true. Easy money?