SPLG
SPDR® Portfolio S&P 500 ETF
Mentions (24Hr)
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Late to the party and new to dividend investing. Let me know what you think of my mix. I know I have overlap and probably too many, so any suggestions would be greatly appreciated. JEPI, JEPQ, JEPY, QQQY, SPLG, DIVG, SCHD and YYMI.
Hey, I’m 69 and looking into asset allocation for my long term buy and hold portfolio.
How does a globally diversified ETF portfolio look to you?
long puts on SPLG as an alternative to SPY for trading on a budget?
Split even between NVDA, AAPL, and MSFT or buy MGK ETF?
Should I buy both S&P 500 & NASDAQ ETFS? Real advice needed
SPLG a good way for college students/poor people to DCA into the S&P 500 ?
What's the best way to simulate leveraged buy and hold ownership of a stock position in an IRA (no naked calls/puts)?
Can you poke and patch holes in my strategy? Barbell inspired 1:5 puts to calls on index with long expirty.
If I can't afford to run the wheel on SPY, is SPLG the best next option?
Mentions
I used to be like you in my early 20s. I would attempt to do all kinds of research why this stock was better than that stock. Why I need to buy and sell certain sectors at different times of the day. After months of either missing out or buying and holding the wrong things, I gave up. I buy SCHG and SPLG now with a little QQQM, almost exclusively, and I'm at the top of the world. So, I never miss a rally or dip or bull market.
To be honest knowing you're young and might not be able to fully comprehend the value of the situation you're in personally I think you should invest as much as you possibly can for as long as you can until the situation changes Your future self will thank you kindly while being retired early if you stick to this plan You could literally start now investing as much as possible and to SPLG or simply just the s&p 500 and when you're 27-30 you will be on a different level than your prayers
Holy shit hope you guys didn’t buy SPY puts 9m SPLG 1.5m IVV 1.2m SPY
I am invested in low beta ETFs such as Schd and dgro in my taxable account and SCHG and SPLG in my Roth IRA
Everyone expecting a dump I got bad news for you The after hours numbers show it’s gonna keep going up huge AAPL buys after hours along with leveraged ETFs and 9 mil shares of SPLG after close means these are going into retirement accounts SPY will probably continue to trade flat or melt up but BTC and crypto are about to run as rate cut odds go up everyone trying to front run which is why stocks have been rallying like crazt
SPY, VOO, SPLG, FXAIX, IVV are all the same thing. VOO is just the most popular. VTI is a total market index which is technically more diversified containing small amounts of small caps, REITs, etc. But practically speaking it performs the same as VOO. These funds are all highly diversified and market cap weighted. QQQ is not the same, it's a somewhat arbitrary selection of mostly big tech and growth stocks. Boglehead strategy or any strategy that seeks to capture average market returns says you shouldn't buy QQQ because it isn't market cap weighted and it's sort of actively managed in the sense that companies are listed based on a set of requirements. By buying QQQ you're trying to outperform the market and statistically when you do that you are much more likely to underperform the market.
SPLG is currently the cheapest S&P500 ETF at 0.02%. https://stockanalysis.com/etf/compare/voo-vs-splg-vs-spy-vs-schx-vs-ivv/
Can I ask a dumb question? I started buying SPLG which says it’s a S&P 500 ETF. Is that the same as buying S&P or is there a better way?
ETFS - SPLG SCHG AVUV. 50/30/20 split. Focus on growth more than dividends ETFS.
I would put the 50k in a moneymarket - emergency fund( vanguard ) . Take 200k spread across ETFs (SPLG,SCHG, AVUV) or others to your likely . I would take the remaining 100k - put in real estate - single famiily/multi family or commerical property .
SPLG = low volume, high spread, expensive options.
Have been just buying SPLG or VTI shares since April. Is it time to buy SPY puts?
That's the one people push on here these days. SPLG is actually cheaper so I'm not sure why.
What are the advantages of choosing SPLG over spy?
SP500 is already incredibly tech heavy, so still SPLG or VOO.
if you're putting your 401k into ETF's at least use ones with the lowest Expense Ratios (SPLG and VONG)
Definitely put your first money into an S&P ETF. Chat has some good ETF suggestions. Another would be SPLG if you want a lower cost.
I feel your disappointment. The Boglehead orthodox are still insisting, after the fact, that I should have been into VOO, VXUS , BND &/or AVUV over the last decade instead of SPMO, QQQ, SPLG, VGT and SMH. The situation now is in flux. Will you abandon international or retain it and dca into domestic growth? FYI: IDMO is far better than VXUS.
Why does Kleenex get talked about more than Puffs or Scotties? One is more popular. Everyone touts SPY or QQQ when SPLG and QQQM are better long-term.
No worries at all! That's how we all learn, I spent like 5 years googling some new term I heard until I felt like I understood most stuff and even the most experienced individual investor doesn't know everything. Start with something easy like this and build from there... Next thing I'd suggest you google - of SPLG/SPY/S&P 500, what percentage of that fund is each company? That's good to be aware of, especially if you're considering buying NVIDIA or Meta stock for example cuz they're already a decent percentage of those indexes because of market cap. Good luck!
I use SPLG which is also an S&P 500 tracking index. It has a cheaper expense ratio than SPY - if you're not familiar with expense ratios they're basically the fee for managing the ETF. SPLG is also less per share than SPY
This is 100% genuine but I'm about to tell you I urge you to please do this on your own: Ask chat GPT the question you just asked. Make sure to be explicit as in do you want to invest it and hold on to something forever without having to actively manage it do you want it to provide an income do you want up to pay dividends are you willing to sell covered calls? My genuine advice though at this point would be if you want to move any money into the market you can always buy 100 share blocks of the ETF SPLG, which is just a mini version of SPY, and start selling covered calls while owning the entire market and producing an income safely
Sometimes the brokerage you transfer to (Fidelity) in this case will cover the fee. However if they do not, I wouldn't think $50 is worth paying for fractional ETF shares. You could simply buy SPLG or SCHX what are very simular to VOO that have a lower share price what somewhat solves the left over money However you could also just use SWPPX what is a mutual funds that tracks the S&P500 index just like VOO; and MF have always supported fractional share
+1 for Roth IRA. Later when you’re older you may be earning too much to be allowed to contribute to a Roth. So do it now while you can. The tax advantages when you’re retired are fantastic, and you can contribute to a regular IRA later. Chuck it in VOO or SPLG (same but cheaper) and have a peek at it every couple of years. Otherwise, leave it alone. I repeat. Leave it alone. No selling.
SPLG $70.90 per share, 0.02% expense ratio. That's the lowest price per share S&P500 ETF. There are more choices if you can buy mutual funds.
Just out of curiosity, why VEU? Nothing wrong with it, certainly has a place in a portfolio, but this is very different from VOO. VOO tracks the S&P 500 so it is composed entirely of large cap US companies. VEU holds literally everything else. They complement each other well but are not substitutes for one another. Someone already said it but I would use SPLG as your substitute for VOO if you’re looking for a similar find with a cheaper share price. It also has a lower expense ratio so it’s cheaper in that sense as well. A simple, but diversified portfolio would be 80% to SPLG and 20% to VEU. Being in Australia, you will have to ignore any advice recommending mutual funds as you will not be able to invest in US-registered mutual funds. You can tell it’s a mutual if the ticker has 5 letters and ends with an X.
So just some terminology , I think you mean you want an S&P500 ETF that has a lower share price. Saying an ETF is expensive may mean something different like the expense fee the ETF charges, or you may be talking about some fundamental valuation like the Price to Earnings, in what case a different S&P500 ETF would be no different However depending on your brokerage you may have access to an S&P500 index mutual fund, it will track the same underlying companies as VOO , but you can invest any amount, you could invest 0.75 if you wanted to SWPPX on schwab and FXAIX on fidelity are their S&P500 mutual funds, both have a lower expense ratio vs VOO However SPLG is another S&P500 ETF that has a lower share price vs VOO
Your portfolio has VT, SPLG, and QQQM. All very good growth fund with good strong returns in a good.year.But retirement fund work best for you when they have growth and dividend investments. You should rad the book The Income Factory.
30yr old Male in CA. I hold a Roth IRA with Fidelity - VT. SPLG. QQQM. FBTC. I have an old 401K with $25K in it, I’m going to roll it over to an IRA. Looking to maximize growth and returns, What would be a good portfolio based off my Roth portfolio?? Any help or advice is appreciated..
Yeah, the tilts are intentional. SPLG and VEA/VWO give broad global exposure. QQQM is a growth tilt I believe in long-term. AVUV, AVDV, and AVES add small/value exposure in the U.S., international, and emerging markets. Areas with strong evidence for long-term outperformance. Might look complex, but the goal is to diversify globally and tilt toward factors that historically add return.
Most of the things you see on the sub are going to be from people in positions that most everyone else will never be in. That being said the easiest way for you to always beat the market is to as quickly as possible make this your goal: Purchase 100 shares of SPLG and start selling covered calls against it. Make this your foundation and build upon it. It sounds super easy right.... It actually is, this is a foolproof way to always match and or beat the market start from there and learn.
I've been looking at SPLG for low exp ratio and lower buy in
You said you do 30% YOY so unless you lied you are not out performing TQQQ. Regardless of if you want to keep pretending to be a genius investor that is doing 50% YOY, it is a statistical fact that 90% of individual investors are not beating the market with individual stocks. >Is that how you are indexing? Yikes... 50/50 split between SPLG and TQQQ. Very simple common strategy and it works quite well. You keep doing your individual stocks though.
Only you can define what "good" is. I would say most money managers compare their performances to that of the S&P 500. Over the last 40 years, the S&P 500 averages about a 10% gain per year. Congrats on crossing the milestone! Since the market goes up and down on a daily basis, do not get discouraged if you see your portfolio dip back down under that milestone. As long as you hold QUALITY companies/stocks within your portfolio, it will go back above that milestone and continue to grow. When do you sell? 1) If the fundamentals of one of the companies you own begins to deteriorate, then it is o-kay to sell. 2) If there is another stock that will give you a better return on your money than a stock you currently hold, then it is o-kay to sell. 3) If you are trying to raise money for something (down payment for a house, buy a car, pay for tuition, etc.) and you've hit your goal, it is o-kay to sell. 4) If a stock price shot up over 30% in 1 day, it is okay to sell some or all of your shares. Best path forward for a conservative investor is to invest in an ETF that tracks the S&P 500. There are a gazillion of them, such as SPY, VUG,, & SPLG. I do know that SPLG has a very low expense ratio. You can also look into the QQQ (tracks the top 100 companies of the NASDQ).
SPLG and QQQM are nominally better.
I don’t think there’s a reason not to go with global, market cap weighted unless you want to get deeper into the academic research (which can be fun for some people). Why US only? Why US large caps only? Those are questions you should comfortably have an answer to if you decide all VTI or VOO (honorable mention to SPLG for being a basis point cheaper than VOO).
Most people will recommend an S&P500 tracker like VOO, personally I buy SPLG which is the same thing with a slightly smaller expense ratio. Open an IRA or brokerage account and just add money in when you can.
SPLG is a bit heavy in tech but otherwise this is all good advice
Use a small amount to buy yourself something you might have wanted. Like a Ps5 or a small vacation. Open a high yield savings account. Put $15,000 in there. Open a Roth IRA. Put $7000 in. This is the max per year.Buy $SPLG. Ask your employer to change your 401k contribution to an amount that would put $23,500 before the end of 2025. This is the max per year. You may have enough to do this for 2026 too when the time comes. Put $20,000 in a brokerage account. Buy $SPLG. Open a separate high yield savings account and put the amount you want to need for 20% down on a home. The rest can go in the same brokerage or a new brokerage. Buy $SPLG. You're going to want to work on funneling the brokerage into your Roth IRA over the next few years.
Thanks! You think I should do VOO, SPLG, SCHD, and VUG or just pick one or two?
I am 32 years old. Due to financial regulations, I was only allowed to have an archaic Merrill Lynch account. Thankfully, as of yesterday, I am able to break free and move to Fidelity. I felt very constrained at ML. Now that I am able to start fresh and actually invest a lump sum of money in fractional shares of ETFs and mutual funds, I am trying to figure out the right diversification. I plan to invest about $1,000 a month into the following: 35% into FTEC 35% into SPLG 25% into FCNTX Is that a good mix? (I am aware some of these funds will have overlap in stocks and sectors.) I also plan to contribute an extra $50–$100 a week into FCNTX. I am really looking at that one fund as something I can grow, collect residual capital gains from, and not have to think about too much. Another fund I was considering is FOCPX in lieu of FCNTX. I am also open to seeing if I am overlooking any funds in Mid Cap Growth or Small Cap Growth or a Blend. Thanks!!
You're better off taking that money to the slot machines if you're not serious and looking for a little fun. Invest in QQQM+SPLG
Robinhood gets a lot of hate but I personally have had a positive experience with them. I pay $50 a year and max out my Roth $7,000 a year resulting in a 3% match ($210). I will gladly pay $50 a year to get an extra $210 into my Roth account. I also use Robinhood as my emergency fund. I buy USFR in my Robinhood brokerage account which currently earns 4.27%. Robinhood gold also gives me $1,000 worth of margin that I use to buy more USFR to help offset the fee of Robinhood Gold. I’m 29 years old and I only buy SPLG in my Roth.
I hope this comes off gracefully, but I really can’t seem to understand the mentality of young/new investors stock picking NVDA. I get that it’s only 5% of the total money you want to allocate, but take into consideration that NVDA is currently the most valuable publicly traded company sitting at a market cap of $3 Trillion. How much more upside do you think there is? In order for NVDA to double in price up to $280, that’s a $6 Trillion market cap. There is a possibility this can happen over the next 5-10 years given that we are in a massive AI boom, but there’s also potential for the bubble to burst. Stock picking is a skill that’s really exclusive to seasoned investors that are able to understand the implications on balance sheets, PE ratios, and macro economics at play that can influence valuation in both good and bad ways. I’m not saying NVDA is a bad stock to pick, but it’s likely not the one that will outperform the overall market over the next 5 years, given its current valuation. I could be wrong about that too because nobody can predict the future, but just think about that. At 17, I really wouldn’t be investing in anything other than index funds. VOO, SPLG, SCHD, and VUG are all solid. In the future when you’re able to grow this money to something you’re proud of, at that point you could consider allocating a modest amount to stock picking once you’ve got the education and experience to spot really good opportunities. Best of luck man!
SPLG is best ticker on the street. Feel dirty every time I trade it.
Thoughts on QQQI, JEPQ, and SPYI? I’m thinking on putting 10-20k into those. Is it worth it if I’m already in SCHD and SPLG?
SPLG QQQM SCHD FTEC is a good base to start from. All are cheap and cover the same as VOO QQQ VGT. SCHD is for dividends. The one stock I would advise to anyone is Amazon. E-commerce, robotics,AI, cloud computing, prescription drug delivery, autonomous cars, space rocket program.
New? Buy ETFs and research what you want to buy individually. The market can go insane on you, but you have to invest like you mean it. If you put $500 into a company, be damn sure you like and understand that company. So much so that if it drops 50%, you know that you can wait for it to soar back to new heights and you won't sell and lose money. Buy low; sell never. Trim profits occasionally *sure*, but don't exit a position if you have conviction. For now look to VT or SPLG as you learn more. $25 a week into one or both will get you moving in the right direction. I recommend using Fidelity Investments as your brokerage. But just because it is what I use and it works well. You can set up recurring investments based on dollar amounts instead of buying whole shares.
Best is very subjective and, in many cases, negligable for most investors. It depends on what you need from the fund. There is no ticker that goes by SDPR for an S&P 500 fund. Are you asking about SPY? Or maybe SPLG? SPLG is 0.02% - SPY is 0.09. - VOO is 0.03 - IVV is 0.03 There are also lots of low expense mutual funds that track the S&P 500 index. SWPPX is 0.02% Fidelity has a fund that technically is not using the S&P 500 index but is a decent large cap index - FNILX has a 0.00% expense ratio.
1. Wait. 2. SPX drops 30% 3. Buy SPLG 4. Sleep
Up 13% mostly due to PLTR and a little bit of GOOGL I bought during the dip. SPLG and SMH have been holding steady as well
Don't do options ("calls" and "shorts"). Open a Roth Investment Retirement Account ("IRA"), add $7000/year maximum (or whatever you're able to contribute below that amount) and buy an index fund (a broad and diverse grouping of companies) like VOO, SPY, VTI, SPLG but there are tons to choose from). Then ignore your gains/losses and do this every year. You will be a millionaire by age 55.
Roth IRA- 50% in a low cost S&P 500 index fund such as SPLG and 50% in a bitcoin ETF such as FBTC.
This isnt the right forum! We encourage gambling on short term out of the money options here! But I would suggest getting a job that pays a 401k match and then max that out. Then with any left over after expense money, open a roth ira and max out $SPLG or something similar.
HOOD SPLG DG SONY Calls!!
Save some of that money to pay taxes on the condo (if you have any). If you earn an income and you do not have a ROTH account, open one up and dump the max amount you can into it ($7K or $8K depending on your age). Then purchase an ETF (within that ROTH) that tracks the S&P 500, such as SPY, SPLG, or whatever. Every January 1st or 2nd, dump the max you can into that ROTH and buy the same ETF. You can spread out the purchases over the course of a year or buy all at once on Jan. 2nd. While you wait to decide what to do with the rest of the money (only $7K-$8K allowed for the ROTH per year), you can dump the entire amount into SGOV. This is a treasury Bond ETF. You will earn 4.79% (4.7% after expense ratio) in the meantime. Since you are afraid of dumping it all at once, then you can purchase $2923.07 worth of the ETF each week (on Fridays). You sell that amount out of SGOV and purchase the ETF. You can even buy more on days the market is down and less on days the market is up. This will optimize ending up with an improved DCA.
If an ETF he could go SPLG or VOO and save you money. SPY is .09% and FXAIX is .015%. If he doesn’t realize this, maybe you should not have him advise you. How are you getting free services at Fidelity? You would need to be with Fidelity to get their mutual fund with no service charge.
Its not possible no There are people who use SPY just because thats what they have always done, also if you are so obsessed with expense ratio VOO is NOT the best, should be using SPLG. Anyway the one actual argument to use SPY is if you overwrite option strategies on your position since it has the most liquid options market.
The conservative approach..... As you wait to decide what to buy, throw your money into SGOV to earn 4.79% or into some ETF like SPLG, QQQ,. While the money sits in one of those, you can take your time to research. After you've saturated your learning, you may decide to stay in the ETF and invest more or sell out and buy whatever your research has guided you to buy. I would open up a brokerage account and then open up a ROTH account within the brokerage. Buy all your stocks/ETFs within the ROTH as you will not get taxed on any gains. You are only allowed to dump $7K/year in a ROTH (if you are under 50 yrs old).
Two Fund portfolio, SPLG (State Street S&P 500) and VGSH (Vanguard Short-Term Treasury)
Why not buy LEAP calls for SPLG instead of SPY? Does volume and liquidity matter that mich on options contracts with a far-out expiry date?
I use a similar thought process. Each position I consider begins with, “how might this go wrong, and if it does go wrong, what might that look like?” I then do the same for upside consideration. This respect for range of outcomes has lead me to 2 strategies, delineated by tax reality. In my brokerage account, I buy and hold VTI. In my IRA, I default to 40% SSO (2x S&P 500), and adjust leverage through how I allocate the other 60%. I’m never below 100% S&P 500 exposure. This year, I’ve defaulted to 30% SPLG, 30% cash with the rest, putting me at 110% S&P 500 + 30% cash. This allows outperformance to the upside, while giving me cash to deploy for opportunities or drawdowns.
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Ah, ok it's obvious to me now that percentage gain on x amount invested is the same regardless of number of shares. For some reason that was not intuitive to my not great at math brain. But also that I should maybe look into SPLG. Thanks y'all!
The share amounts do not matter. It's about the percentage yield. Tech stocks are more volatile, so when they go up, they go up big, but when they go down, they go down big. It's very much the turtle vs. the hair with some nuance. There are other expenses, though, that you need to be aware of, like an expensenuanced. SPLG would be a good S&P 500 ETF with a low expense ratio.
Are you buying and holding? You can buy SPLG if you want cheaper shares that hold the same basket as IVV.
SCHD and SPLG unless some of my more expensive ETFs become less expensive tomorrow.
Sold to close AAPL 8/15 strike calls. +12.7% over 11 days, and just over +20% on the GOOG 8/15 155 strike calls I bought on Friday. All options closed. Buying a little to bring SSO back to 40% and SPLG back to 30% of the account, resetting to 110% S&P 500 + 30% cash. I wouldn’t be surprised to see some slight roll off/profit taking after the gap up today. Wouldn’t be surprised if it held up, either.
I’m new so PLEASE forgive me ignorance — but for general basic advice, due to this, would it be worth getting into SPY or SPLG for example tmr at 4am premarket?
Hi, congrats on doing so well! You’re ahead of most 19 year olds. With a Roth, and you being 19, I always suggest focusing on growth. However, make sure you’ve got an emergency fund as well consisting of a couple months worth of bills just to be safe. Depending on your risk tolerance, you could easily get a head start by dropping the money into an S&P500 tracker (such as VOO or SPLG). The s&p has averaged 10.2% return per year since 1923 after adjusting for inflation and predecessor indices. If you’re feeling like you can handle a little more risk, you could find a growth-focused ETF like SCHG. Although it doesn’t have nearly as long of a history, and you should remember that past performance does not guarantee future results, it has averaged a respectable 15.5% since its inception in 2009. TLDR: You can either trust the S&P’s 100 year average of ~10% or if your risk tolerance justifies it, something a little more aggressive. Pick 2-3 ETFs total, maybe a stock or two. Set it, add to it, and forget it! You’ll be in a great spot 40 years from now, keep it up.
1) Pay off debt 2) Build emergency fund (3-6 months of cushion in case of disaster) 3) Do not skip #1 or #2 4) Open a Roth IRA through a broker (Fidelity or Vanguard) - max it out with $7k each year. You are NOT ALLOWED to skip your Roth. This is unacceptable. This is tax protected money. You will thank me in 40 years. 5) If you have money left, Open an investment account separate from Roth. 6) With your Roth and Investment accounts, choose how you want to invest those monies. At this point, this is where it gets fun. Research Index Funds. This is essentially “the market.” Most people start with something easy like the SP500 (those tickers are VOO, IVV, SPY, SPLG etc).
Wouldn’t buying SPY or SPLG be better for most people?
SPLG is also an S&P 500 ETF so SPY, VOO and SPLG are al the same. And VTI is like 84% VOO, so holding both is very redundant. And IWY has a ton of overlap with SPY/QQQ. And EPS does as well. Essentially, these are all large cap ETFs with a ton of overlap.
I learned this lesson the hard way too buddy. I was reading SPLG got a contract a month out but the volume has significantly dropped. Have about a week left, let’s see how it goes.
Funds are able to switch the benchmark/index they use for a fund. Changing an index isn’t a frequent thing, but it’s more common than you would expect. Two notable examples: FNDX changed its benchmark in 2024. A third party analyst described the change as one that would hardly affect the strategy and that the new index is nearly identical to the one it was replacing. SPLG has followed a few different US large cap indices before settling on the SP500. Those included the Russell 1000 and an in-house index built by state street. If you had blindly compared either of those two benchmarks against the SP500 it would be difficult for the average investor to tell the difference.
I actually went all in with SPLG. Even if I think the market is going to be rough, in the long term, I can wait it out. Really beats trying to predict the market. Just buy and hold and hold on to my butt, lol
You just made another bad read. I’m not positioned for sentiment, at all. I’m positioned for uncertainty. 40% SSO (2x S&P 500), 30% SPLG, 30% cash. Effectively 110% S&P 500 exposure, with a 30% cash pile. I’ll outperform a little if the market moves up. I’ll underperform a little (in the near term) if the market goes down, but have cash to deploy.
Partial stocks are provided by your broker. Your broker buys the whole share, gives you your share, and keeps the record with them. Technically, the broker is the stock holder on record. IMO, it's meaningless. There are lots of diversified whole market funds available. E.g: SPLG costs $65 as of today at 1/10 of SP500. At this exposure level, you are far better off buying whole shares on a period you can afford. $1/day or $65 every 65 days : not much difference.
i think thats not enough diversification. I'd say 25% VOO 25% IVV 25% SPY and 25% SPLG. gotta be diversified man
I’ve been buying SPLG and it’s kinda funny cus it’s like splooge
I’m not positioned for an expectation. I’m positioned for uncertainty. 30% cash + 40% SSO (2x S&P 500) + 30% SPLG. Effectively 110% S&P 500 exposure. I’ll outperform a little if we move up. I’ll underperform a little if we move down, but have a lot of cash to deploy at lower levels.
I’m in the market, but also prepared for a possible downturn: 40% SSO (2x S&P 500), 30% SPLG = effectively 110% S&P 500, and I have a 30% cash position. I’ll out perform if we go up, and have cash to deploy if we move down. I’m leadership & operational planning in distribution, working for an S&P 100 company. Yes, I’m very concerned for what could happen. I’m also conscious of the fact that things don’t always go the way we think they should.
Sold to close MS 8/15 115 strike calls, purchased yesterday. Sitting in 40% SSO, 30% SPLG, 30% cash — effectively 110% S&P 500, watching for opportunities.
Idk about holding NXE. Penny stocks are not the way to go, in my opinion. The others (seem) fine but are not the best stocks. I recommend buying SPLG and SCHD and holding SOFI.
Gonna push back, but I do love this answer! If you long for stocks (which I personally enjoy), then do your research first. I looked at top funds across sectors and researched the key players, the ones that had the highest allocations. If I liked them (good performance, necessary good or service), yay. If I didn’t, I didn’t buy (ehem, tsla). Also, Buffett says invest in what you know. Pick stocks that you understand, that you can follow along with, so when something happens in the news, you know what to do with the stock. If that sounds overwhelming, then pick 2-4 etfs and just start the journey. I like SPLG, IXUS, SMH, FUTY.
Have a look at SPLG if cost is the issue. 99.9% identical.
Buy SPLG instead if you’re religious about the S&P 500. Buy SCHX or SCHB if you don’t mind something that doesn’t exactly track the S&P 500 but is highly correlated with it.
Use SPLG instead. Exactly the same holding (S&P500) but cheaper to buy, and IIRC also a lower expense ratio.
Closed GOOG 7/18 155 strike calls and my long shares at open. Rebalanced to 40% SSO, with the other 60% repositioned to 30% SPLG, 30% cash. No open options. Effectively at 110% S&P 500 + 30% cash. Watching for opportunities. Eyeing MS if the move down around next earnings cycle.
SPLG is a cheap SP500 etf. Cheaper than SPY, VOO, lower expense ratios too.
Are you looking at a mutual fund or something? You can buy SPY, VOO, or SPLG, which are all far below 3k. And as others said, some brokers offer fractional shares of certain stocks so you could buy $10 worth. Everyone loves Robinhood but I'd recommend Schwab and SWPPX.