SPMO
Invesco S&P 500® Momentum ETF
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Chasing the memory stock rally ruined my portfolio. Now I don’t know if my new portfolio will save me or make things worse
Would love some honest feedback on my portfolio - heavy on tech, open to criticism
Would love some feedback on my stock portfolio - heavy on tech, open to criticism
What do you think of the growth section of my portfolio?
Thoughts on a quality & momentum based ETFs portfolio for my taxable brokerage account?
should I add SPMO or VOO to round out my portfolio?
Roth IRA + Pension: Should I be more aggressive in Roth or consolidate?
Thoughts on this portfolio allocation for a 25-year-old seeking growth?
Looking for opinions on my investments
Love it, hate it, or somewhere inbetween: tilt towards large cap momentum & small cap value
60% in a single tech stock (RSUs). Is this 3-ETF Ucits + 3 US based ETFs diversification plan too complicated?
Does anyone else have a Long-Term (LT) and Short-Term (ST) account?
Retirement portfolio - what your portfolio looks like?
Roth IRA vs taxable. Where should I hold my factors vs s&p 500
Jump back in now or buy over the next couple of months?
What should I do with my great performing HLT stocks?
If growth doesn't provide a compensated risk premium, why don't we hold all value?
ETF portfolio review: Trying to be aggressive for 15 year timeframe
Am I the only one excited about days like today?
Portfolio Advice: Can I be more aggressive with my investments?
just got $1350 to play around with; what should i invest in?
SPMO (Invesco S&P 500 Momentum ETF) Hits New 52-Week High Today
Mentions
Since I’m not buying any more of it, I’m just gonna let it ride and hopefully it catches another wind in a couple years. VOO and SPMO are your friends if you haven’t got in and just want to invest instead of getting rich.
Depending on if you wanna get rich or just beat SP500. Full ported few years ago, and a pretty much flat till a year ago. Questioned my choice many times over the years but told myself just wait. Even after all the correction, currently I’m still beating VOO (unless it’s dropping further down). But I stopped accumulating semi after full porting and have been now just doing SPMO just in case.
I know they say not to put required cash in stocks but I’ve kept roughly 40% of my cash to close savings in a mix of VOO SPMO and VGT - all held for years with long term gains. Went under contract on 07/27 and just liquidated today. Had to swear it out the past 5 days but I’m fortunate the gamble paid off
shocked SPMO is doing okay, would think ti'd be a terrible time for momentum
Holy crap that's a lot. How about equal Parts VTI, SPMO and SCHD. It's a barbell approach between SPMO and SCHD and you've got a nice baseline in VTI. It's all US equities, so you go as they go. It equates to about a beta of 1.0 with an opportunity to advantage of tech's outsized momentum.
I can shorten it to 1: VOO 2 id you feel spicy: VOO + SPMO
NVDA $62,134 26.65% HCA $30,909 13.26% AAPL $30,361 13.02% GOOGLE $28,808 12.35% AMZN $28,352 12.16% QQQ $26,095 11.19% SPMO $8,433 3.62% SPCX $7,032 3.02% TSLA $5,806 2.49% MSFT $5,247 2.25% \-------------------------- TOTAL $233,178 Update
Update **Position** **Value** **%** NVDA $62,134 26.65% HCA $30,909 13.26% AAPL $30,361 13.02% GOOGLE $28,808 12.35% AMZN $28,352 12.16% QQQ $26,095 11.19% SPMO $8,433 3.62% SPCX $7,032 3.02% TSLA $5,806 2.49% MSFT $5,247 2.25% Total $233,178.
I agree its not consistent. But momentum and long term doesnt necessarily not go well together. Anyway, 100% of my roth is in SPMO, i will let you know when I get wiped
Cant believe I'm asking r/wallstreetbets but where is the fault in that logic? It has historically outperform VOO, even the "momentum" methodology has been around for longer than SPMO has, and backtest to a certain degree also yields higher than average return. Like OP said, just a very long period of underperforming with some periods of extreme overperforming.
I have about $70k between SPMO and FMTM. Core holdings for me. Very little overlap between the two. Seems fine idk. Have to have diamond hands with SPMO though because occasionally the rebalance sucks and it trades flat for 6mo.
>Also while it is good to go as far back as possible for data, you do not always want to weigh that old data to heavily This isn't true at all, as taking the longer view shows that it is horribly unreliable to judge future winners off what is ahead at any given point in time. Your same methodology done 5 years ago would have resulted in the completely opposite conclusion than what you're saying at the start of this comment chain even when using the same start date. >A few stocks are carrying the overall market and they are not at risk of going out of business. They don't need to go out of business to simply under perform. >VOO performs the same as VTI at worst. Not necessarily. While the market cap weighing should keep them, close, it can't be guaranteed that VOO ends up on top over any given future time span as my link above shows. >Yes, it did barely beat it that one year. Try again: Most of the 2010-2021 period had VTI beating VOO. Look at the graph and see the VOO line underneath the VTI one at plenty of points in that time frame. >You don't invest for a 1 year slight out performance. You are looking for performance 20 years down the line. My graph did show a nearly 20 year period where the winner would have been VTI, not VOO. 1 year of "slight out performance" wouldn't have canceled out the lead VOO built in the 90s to be strong enough to last through the S&P 500's under performance of the 2000-2010 decade (https://testfol.io/?s=cd5unIyuFP6), swing into the lead for most of the 2010-2020 decade (https://testfol.io/?s=d78mCGd0XF9 - look not at the end value but rather the line graph and see how often the blue was above the red). >Both our graphs show that VOO wins long term. Only because of the November 2021 through current period. My graphs show plenty of other times where a long term winner could have been called VTI, not VOO. What makes the leader today the guaranteed winner going forward the next 20 years when the leader in October 2021 was different after nearly 20 years? >VTI has more dead weight, there is no way getting around that mathematically. Most stocks everywhere aren't worth investing in, the difficulty is finding tomorrow's winners. There's plenty of times where market favor is with smaller caps, not in the S&P 500. As the links here show, long term smaller caps have beaten large: Factor investing starting points: * https://www.investopedia.com/terms/f/factor-investing.asp * https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/fidelity-overview-of-factor-investing.pdf (PDF) * https://www.cbsnews.com/news/the-black-hole-of-investing/ Notice in the last link the small blend beat large blend by over 2 whole percentage points in CAGR after 80+ years? >VTI only will have higher performance chances during a recession This is false. https://www.callan.com/wp-content/uploads/2020/01/Classic-Periodic-Table.pdf (PDF) or the archived version if that doesn't work: http://web.archive.org/web/20201205183933/https://www.callan.com/wp-content/uploads/2020/01/Classic-Periodic-Table.pdf (PDF) (Archived copies from Archive.org's Wayback Machine) 2003, 2004, 2006, 2009, 2010, 2012, 2013, and 2016 all showed both large and small caps in the US rising with small beating large (that's 8 out of 20). Let's remove any that were negative for at least the S&P 500 and it becomes 8/15, that's now over half the time in rising market situations. >The data also shows SPMO beats both of them which is what I mentioned I use instead so Factor investing is very different than using broad coverage funds and isn't a strategy for everyone. Even favored factors can and have had some periods of under performance in ways not everyone can tolerate (example from earlier today:L https://www.reddit.com/r/portfolios/comments/1vb4fgg/is_this_still_a_good_investment/).
I agree that my own link only shows recent out pacing. However, prior to that they are essentially even. Also while it is good to go as far back as possible for data, you do not always want to weigh that old data to heavily. Good information for sure. It is also a question of how much times have changed though. Unless there is serious reform/change even if a recession happens the same structure is in place for the past 30 years. A few stocks are carrying the overall market and they are not at risk of going out of business. VOO performs the same as VTI at worst. Your link is also good but I don't think it disproves what I said. You are calling out that "even as recently as 2021 VTI beat VOO " Yes, it did barely beat it that one year. But the total number still comes out to VOO winning because the following years VOO recovered and out performed. You don't invest for a 1 year slight out performance. You are looking for performance 20 years down the line. Both our graphs show that VOO wins long term. VTI has more dead weight, there is no way getting around that mathematically. VTI only will have higher performance chances during a recession. We have more bull markets than we do bear markets. The math doesn't support it there either. The data also shows SPMO beats both of them which is what I mentioned I use instead so... Feel free to keep using VTI if you want. You are entitled to your own opinions and beliefs. I'm going to stick with never recommending VTI if there are options that are just as safe with better chances to outperform. I'd also talk about QQQ but I am expecting a harder market crash soon. We will see if AI can pull a big win.
Something to lead with every post on here really - The average top performing investors are dead people. You want to set it up where you set it and forget it. That means making things simple. Not too many stocks. Avoid overlap. Diversify a bit. Roth is good. Fill that first every time. After that, it depends on your plan. Do you want to retire early? Going FIRE changes all the picks. While young, I am personally of the opinion of zero bonds. You don't need those until you are 1-2 years out from retirement, if at all. **VTI** has no point. Similar to bonds, they will be safe during a recession, but at all other times, **VOO** would out perform. Every 1 year we spend in a recession, we have 5-10 growth years. It doesn't math out. And if you are not retiring, **VOO** will recover better within a few years. **Traditional brokerage** should be safe growth ETF's unless you are planning on **FIRE**. You get taxed on dividends and cannot sell/rotate without tax penalties if you wanted to attempt that. So whatever you stick in there, generally its something you never need to sell or collect dividends on until you are 60+. So it is best to do growth ETF's. FIRE changes things a bit in the brokerage since you stop working before all the traditional retirement programs come in to support you and you would not have access to your Roth. **Roth** you *can* get a bit wild on since its fine to sell as long as you leave the money in the Roth. Not saying you should but it is safer to play around in. So you can be more risky there. I would still recommend focusing on Growth/value ETF's. Later there is no penalty to sell it all and shift into other options. I personally prefer **SPMO** to **VOO**. Grows a bit faster, if there is a drop, it drops a bit more but the graphs I looked at say **SPMO** does outperform/recovers fine. In either case, **keep in mind there is a lot of overlap** between them and **VGT** so those are not exactly diversified choices. **VOO** and **VGT** overlap by about **71% by weight** and share 36% of their holdings by number of stocks. Investing in **VOO** and **VGT** is almost investing in the same thing. (**VTI** is in the same boat btw, lots of fund overlap. No point selecting it to have a different option from **VOO**). **I would currently count VOO, VGT, and VTI, as all the same thing. Pick one of them**. **VOO** and **VTI** will rebalance if tech stocks crash. Slightly smaller profit margin, a bit more safety. **VGT** can't rebalance because its tech only. **VGT** will have a better upside if tech does not crash but has a higher risk. I personally don't see NASA going up without a major tech breakthrough. We need asteroid mining before we get mass space adoption. All the money is in AI right now and we only got real space investment to one up people during the cold war. No other countries are trying to do anything cool in space so right now its all about - do we think launching more satellites will be enough to drag the stock price up. For me the Roth is- 70% SPMO 8%- individual stocks to play with. 20% VXUS - increased it from 10% as international stuff is happening which will require growth or they fall apart. 2% bit coin - I think its a scam but the scam has lasted a long time semi successfully so far so I am getting the ETF versions with a stop loss instead of directly investing. Brokerage- 90% SPMO 10% random stuff from when I was new to investing that I haven't sold because they seem to be doing okay. It's very boring. I don't see a reason to change it until i'm 10 years out from retirement.
Voo and set a sell limit order if your concerned about a crash. Most people will tell you not to sell at all. That's fine. But if it is such a major mental roadblock, set the sell limit. I personally like SPMO more than Voo but it definitely gets hit by crashes a bit harder.
I am currently leaning more bearish through 2027 so I am just doing VOO or SPMO but with a stop limit so I can get the gains I can. Voo is heavily invested in tech anyways. If you are bullish on tech, this will get you like 80% of the gains with a bit of downside protection. **Space** wont be relevant until we have another cold war or a significant break through in tech. Self landing space ships sounds cool but isn't the breakthrough required. The most likely thing I would see driving major gains is successfully mining an asteroid. Less technical requirements compared to terraforming a perma living space and clear immediate profits. I want to live in the sci-fi future but that requires complete support on a societal and financial level. That focus is in AI for now which is also pretty sci fi but they didnt set up society for it and the stocks are way over valued IMO. **Government bonds** are a bad decision unless you are close to retirement. Even during recessions, the temp gains lose compared to when stocks finally recover. I am in the camp of never bonds until you are 1-2 years out from retirement. **Energy, precious metals, and chips** will all have some churn for a while. You can maybe gamble on **farming** stuff if you want. or other oil byproducts. We haven't seen the hit yet on the increase gas prices for them. Things like fertilizer will have to go way up. Even during a recession people will need food. I would generally recommend avoid hopping around but if you want to keep jumping through cycle stuff, that's an option. Another fun gamble - **European defense funds**. America is doing weird things and very much flagging as not an ally to European countries. Regardless of if Trump is right or wrong in what he is doing, I would suspect European countries will be required to invest more in their own military.
Hold. SPMO’s market upside capture is fantastic. And it also does a great job of promptly dumping losers.
Damn, -31% in 3 months. I'm down -6% in 3 months because I bought a bunch of SPMO, no options or anything just bought that ETF at it's literal peak and watched it drop more than 15%
I went from not investing and just putting everything into a savings account for the last 8 years because I didn't really know much about finances, and finally decided to learn and do some research and whatnot. Put most in VOO, and some in IEMG, VT, SPMO, XMMO, a little in bonds and a few individual stocks I liked. at the start of June. I chose almost the worst day possible, and I'm down 6%. Like I thought I was being responsible starting to invest and not gambling on daytrades or anything, and instead I've immediately lost thousands of dollars. Fuck the stock market
mainly SPMO in roth , MUU in main to swing trade. NBIS looks good the lower it gets.
I started buying back in today. Bought a decent chunk of SPMO.. At worst, the ETF will rebalance into defensive stocks when it restructures in September.
I've been dumping equal amounts of money into SPMO and SCHG since liberation day and SPMO is absolutely killing it. Just keep adding and you'll be happy eventually!
Naturally this happened the first month of me buying SPMO. Of course it would have its worst month since inception.
Weird how in all my years of browsing reddit, it wasn't until the past few of months did I see people posting about things like SPMO.
Well I purchased it on 7/2 after selling my position in FZROX, which was doing great, and for my efforts to try and do better, my SPMO is down nearly 7% since then. I too looked at the historical and thought this is a no brainer. I hope I'm right and they do a good job rotating into winning stocks cause right now it's getting pummeled on the daily. Meanwhile my FZROX positions would only be down $550 and still up 10% overall. SPMO is down $4,300 currently. What I've noticed is it swings largely up and down by the day. It tracks more closely to what the NASDAQ is doing than the S&P, which tells me it's big in tech currently. Hopefully they rotate out of that sector so heavily during the next adjustment as I think it's getting ready to collapse.
SPMO long term dca. Might sell 8/7 SPCX 80p csp but nervous
I been selling covered calls and taking premiums to SPMO. It’s been ballasting the account
Dump all your bread in SPMO and leave it. Dont get into single company shares. I regret getting company shares myself.
Stopped hating money and full ported $SPMO yay
Last 10 years SPMO total return is 540% and SCHD is 225% You'll have plenty of extra money to pay the taxes.
Bro just buy SPMO or CC etfs with all that money if you don’t care too much about risk and never work for money again only for fun! You got out of the casino in the best way possible, be smart and don’t give them a penny back, you’re in the best position possible right now, take full advantage of it !!!! Congrats
Made me look. I’m down 8% since my mostly SPMO/QQQ/VONG IRA peaked on 30Jun and 13% in my regard port since my 01Jun peak. I hold some defensives and broader stuff, though.
I own this fund and theoretically, it is great. Should outperform SPMO over time in normal markets, but late poor performance spotlights the problem detecting trends in irrational times. Or when markets are being manipulated. Geopolitical drama, TACOS, and whipsaws are not good conditions for a fund like this. I think that’s what we are seeing play out. These fast rotations are like playing UNO. Reverse. Reverse. Draw 4…
Sort of. I’m short puts on SPMO and UPRO, which contain some MU.
SPMO glitchless $0 speedrun WR attempt
The same shit I always do buy about 20 bucks of SPMO and continue on my life as best as I can.
I wish SPMO rebalanced every 3/4 months not 6
SPMO down 7.5% this in a month
***"bruh spy is at ATH and somehow you're down?"*** # BROTHER, MY PORT IS MU, SANJEET, SPMO, DRAM...
I had enough cash sitting idle last month to buy my first 3 shares of SPMO at 152. High risk account so why not? So of course I feel like it's my fault it's going down now.
For those that are holding SPMO or FMTM, what are your thoughts right now?
MU is gonna drag SPMO down through September
If you have a 30 year time horizon, you can be more aggressive than just investing in the S&P, while also being more diversified. Go to portfoliolabs and back test any typical SPX fund (VOO, SPY, FXAIX) vs a large growth/momentum fund like QQQM, SPYG, SCHG, SPMO etc., I think you’d be pretty surprised at the results. Also worth looking at year to date performance of SPX vs other major indices. Russell 2000 is up 20% while SPX is up around 10%. Emerging markets are up almost 23%. In fact, of all the major indices, SPX is only above the Dow for the year. My point is, diversification doesn’t just mean ‘add bonds’, equities are a very diverse asset class. SPX is fine, most long term investors have money in VOO or SPY or whatever (including myself), but you don’t have to limit yourself to it.
I can handle a sharp drawdown and volatility and all but my port is similar to the 1 month chart of SPMO and I am NOT liking the trend for the past month and a half. Only thing keeping me diamond-handed is earnings right around the corner and FOMO based on last earnings season. It could also be a bloodbath though I suppose.
My Robinhood Managed account is only up 17.60% in the past year. Total waste of time. Going to see it all and put it into SPMO.
VTI or VOO, VGT, SPMO are the ETFs that rely on.
I also have a Robinhood managed account and I am about to pull out of it. I opened it up nearly a year ago and it’s up 13%. Though when I look at the individual stocks it holds, it’s mostly just a few of the S&P 500 stocks. I could have performed better with just VOO at a lower expense ratio. I also tried Betterment as well. Did a sudo experiment between Betterment vs Robinhood Strategies. Betterment performed better BUT it was mostly just holding ETFs instead of individual stocks like Robinhood. The issue with that is considering its holding ETF’s I’m paying both the ETF Expense Ratio AND the Betterment fee. Meaning I double dipping on expenses when (again) I could have just bought the ETF for the expense ratio and performed just as well. I’m working on pulling out of both and moving into SPMO.
And if you did SPMO you would be up 33 percent
And using ETFs like SMH, QQQM, XLY, and SPMO to get exposure.
Personally only thing I’m putting money into right now is SPMO. Thought about buying some MSFT but I just don’t see it having a better upside than SPMO and I feel like the ETF is a safer bet.
Sitting in VOO and SPMO
SPMO is better than all of them
I’ve read that value tends to beat out growth. I have a 40 year timeline so I’m going value. 35.7% NTSD, 20.3% GDE, 10% each AVUV/AVDV, then small amounts of AVEM, EMEQ, SPMO, FMTM, FLCA (NTSD excludes Canada exposure), WTLS, SGRT - and now the 6 MAG stocks. I totally overcomplicated it and made it a mess but my cores are still the majority, I’m just trying to find a small amount of alpha. Spent a ton of time researching ETFs. And lifecycle investing suggests to use some leverage when young, which I’m using a modest amount.
I have 10% AVUV, AVDV, and 10% split in AVEM/EMEQ. Then just NTSD for SPY + EFA. GDE for SPY + gold futures, gold as a diversifier but return stacking it. Then some momentum/active funds, 5% split SPMO/FMTM 3.2% split SGRT/WTLS then I just did 3.3% market cap weighted split between Mag 6 excluding tesla. Still sticking to my cores but trying to add a small slice of alpha and experiment a bit.
Alright I’m done buying the shit out of SPMO on its drop, MU do the thing please
Investing at a young age is a great way to increase your overall wealth. Bull markets are cyclical though, and this bull market is pretty long in the tooth. Right now, it seems hard to lose money in the market, but don't be fooled, markets can and do go south in the blink of an eye. Having said that, dollar cost averaging of ETFs like SCHD or even SPMO will long term do ok. Individual stocks have both higher risk and rewards in general. If you have the time to do company specific research there is a good amount of opportunities, but this approach does mean you will be spending your free time reading 10k reports, etc. If your really into the topic, I'd recommend The Intelligent Investor by Benjamin Graham.
I got my individual stocks back down to 10-15% port. Right now I have like 25% in a handful of different momentum ETFs. Hoping SPMO gains can counteract my fuckups.
SPMO beats VOO…no reason to be in VOO
I'm in VOO, QQQM, VUG and SPMO. I've got exposure to over 500 companies of various weightings, and while all are US the majority do business internationally giving me broad exposure. Although Charlie Munger would have called this "Deworsification" and that I should instead concentrate in a few great companies instead of a bunch of crappy companies. I don't own gold. I don't know why I would own gold, I'm not a jewler and I don't build consumer electronics.
Just got got into SPMO. Have had SPY and QQQ forever
What’s everyone’s view on 70% VOO and 30% SPMO ?
hold. my SPMO holds MU. i am getting old so splv and xlu are drawing my attention. keep after those gains
how MU sits in VTV and SPMO is wild to me. the market doesnt know what to do w MU
SPMO, VGT, SCHD, FNDF. Growth aggressive growth, growth and icome international. Beta is less than voo and chill.
I think SPMO got lucky that it pivoted out of tech stocks around March (rebalancing period). I think we need to deep dive on this further to better understand it
SPMO is 20% of SPY/VOO Pick the 20% of SPY/VOO that's high risk.... What's the riskiest 20%? Anytime you go from 500 to 100, there's definitely more risk. You definitely risk more volatility this way. Still, it's far less risk than a market specific ETF. I stand by my statement that any random 20% of the S&P500 is low risk. That goes for any 20% of it, and especially the best performing 20% (over the last 6 months).
1-SOFI (fml) 2-SPMO 3-DRAM 🙃
SSO, GDX, FXAIX. Once SSO and GDX get called away, SPMO, QQQM and VONG are my next largest I think.
Put SPMO and VOO both on the same 5 or 10 year chart. You'll see they diverge starting at the end of 2023 and SPMO significantly outperformed. SPMO inception date is 2015, so most of the time it's been open, it tracked pretty closely with VOO. So y'know, you're betting on the market we've had the last couple of years continuing. Although I suppose at worst, SPMO should perform at least as well as VOO. There could be some mean reversion and some really painful periods along the way though. Personally, I don't really see the logic in having different "centricities" in different types of account at least as far as aggressiveness.
I see SCHD and VTV as not only quality dividend funds of a value base, but also decent growers with each gaining an inflation adjusted 9% per year over 10 years. They also win when SPMO doesn't, so I'm creating more winning days and months with this approach. SPMO is the volatility lean, wins big when the S&P is up and not so much when it's down. SPMO rebalances and reconstitutes twice a year to try and rotate to winners consistently. I guess I could look for value based mutual funds vice ETFs, so maybe I'll take a look just to see how they might compare to SCHD and VTV.
Thanks for this response and explaining your thoughts. I guess I am being reasonably aggressive but anchoring with stability using SCHD and VTV. This setup helps to have a winning solution more often than not. SPMO is pretty volatile, yesterday the S&P was near breaking even, yet SPMO was down 2.89% because of the weighting currently. On days where the S&P is up 1.5%, SPMO will likely be up 4.5 to 5%. I do understand dividends and that's why I am choosing SCHD and VTV as a value play with decent growth but also winning when SPMO isn't. They compliment each other quite well. As u/gbdgdh pointed out, this setup beats VTI only, VT only, and 70% VTI & 30% VXUS. With a worst case drawdown of -18.5% over that 10 years, which recovered in roughly 4 to 5 months. Maybe the title is a little confusing, but I'm not trying to go so aggressive that I lose my ass with extremely volatile assets. SPMO gaining an inflation adjusted 382% since inception in 2015 is pretty darn good. SCHD and VTV are up over 150% each on total return during the same time period. Given my 10 year timeline, 382% and 150% each in SCHD and VTV sounds pretty good. Given the 10+ year history on each of these, I think they are pretty solid quality ETFs. Lastly, and the real key here, I am all set with my 401K and taxable. Taxable should be generating $60K+ in passive dividend income without selling a single share, then my pension and social security will have me in the $130,000 income range without touching my 401K. I will then begin Roth conversions of the 401K to reduce RMDs. If this Roth plan gains as well as I hope, I may rotate out of dividends in my taxable to reduce tax hit and use the Roth for tax free income. As I said, I'm doing well for myself, so retirement shouldn't be an issue.
active vs passive between those two. fmtm and spmo. i am looking at moving some of my SPMO to FMTM but not all.
I would consider 15%-20% into SPMO. Forget about bonds in your age.
Focusing on momentum ETFS-SPMO and FMTM the rest of the year
ur regarded this should be on wallstreetbets. u got the SPMO, QQQ, FSELX, & VTI but u chose that😭
You gotta diversity a bit my friend: COKE, XOM even a more aggressive index ETF like SPMO. The last couple of weeks I too have realized I'm still too top-heavy in Tech and Space.
SPMO. More recently FMTM and SGRT. All quite different and very little overlap in holdings, but all capturing momentum.
I just did that this year. I made a huge mistake of selling a bunch of VTI (and paying the taxes) to try and beat the market. It didn’t work out. Things change all the time, and trying to determine outcomes is a waste of time. But I did alter it a bit. I now do 30/30/30/10 VGT/VTI/SPMO/VXUS.
Buying SPMO and MTUM instead
Got out of all my space crap. Throwing the money into SPMO and FMTM
SPMO beats the whole world too
Guys I want to overexpose myself even more to tech because im a fomo chasing retard. My portfolio is currently mostly SPMO and FTEC, with 20% split between NBIS/AIS/MU/SOXL/SNDK. What do I need to do with my remaining cash to "diversify" myself in more tech stocks?
i got &SPMO calls before MU earnings today i fucking love life
oh shit i forgot MU was right at the top of SPMO holdings. nice pop there too.