SPYM
Tradr 2X Long SPY Monthly ETF
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At your age, I agree with the suggestion that you should be 100% in stocks, not the lesser % as you are now. (The stock allocation of the target date fund is not provided). Given your high risk tolerance, "Yes" liquidate the target date fund in favor of stocks or the SPYM position. From your post, I think you have multiple objectives that have the potential to compete against one another. I believe your objectives are: 1) Retain some firepower for opportunities that arise, e.g. significant downturn in the equities markets. 2) Diversify into asset classes other than equities, e.g. precious metals. 3) Seek the highest possible return over the long-term. Objective #3 may compete against Objective #1 because not being a 100% invested at all times will result in underperformance in a bull market. Not this past year, but in previous years Objective #3 competed against Objective #2 because precious metals did not appreciate in value as much as stocks. I think Objectives 1 and 2 are sound, and that Objective #3 needs to be in balance with your tolerances for loss, which seem pretty high. Unless your precious metals position is via an ETF, precious metal positions are not as liquid as you might need to rapidly respond a changing market condition. To satisfy all of these objectives, I would first consider investments and a capital allocation into each that will provide you a fairly safe and solid return, while also affording you good liquidity to seize opportunities. For example, 70% SPYM, 20% precious metals ETF, 10% cash. You would then actively manage your portfolio, via limit orders, protective stops/trailing stops to take profit, invest and restore your cash reserves, and respond to change. Research-wise I would focus on materials that provide trading strategies, particularly those for trading highs and lows in the equities markets. I love to trade market highs and lows as a hobby. Very best wishes!
Not that different imo. You can always just have both but overall I don't think it'd matter much for long term. If you find SPYM easier to regularly buy, then it might be a better fit for you.
You can do SPYM if you like. Lower expense ratio.
I see the main advantage of SPYM being a lower price point is mentally helpful for small accounts. More shares feels good and don’t have to worry about fractional shares.
They are Identical. Voo 14.85 CAGR to SPYM 14.77 CAGR. Either is fine... Find other ways to make money than worrying about Identical funds. And ER means Nothing!
**First:** set up a Roth IRA (not a traditional IRA) and put the money in there. Do that today, regardless. Then, either buy SPYM or better, buy UPRO, which is a 3x leveraged ETF that follows the S&P 500. Important: if buying a leveraged ETF like UPRO, set a 10% ***trailing*** stop loss, so if UPRO falls by 10% from the highest point since you bought it, it will automatically sell. When you get stopped out, wait till the market is trending up again to rebuy. ## Expected Value SPY: In 25 years, that $400 would reasonably be $4000 if invested in SPYM (10% a year over time, and not bothering to jump out with stop loss orders). UPRO: Being leveraged, UPRO could improve upon that, so that after 25 years $400 could be $50,000 to $170,000. But this is assuming that you are using good risk management, jumping out with stop loss orders to avoid the major drawdowns and jumping back in with uptrends, and are in a tax advantaged account like a Roth IRA. ## Better Plan Either way, the above is a "set it and forget it" approach. If you want to be more hands on, then read "How to Make Money in Stocks" by O'Neil, and invest in growth stocks. Also, do as much as you can inside your Roth IRA. Good Luck.
I recently learned about SPYM instead of VOO… .02 expense and a much lower price which is helpful for smaller accounts.
Do you mind telling me how old you are? Assuming you’re young, you don’t need much to make a huge difference. I’m going to leave what id do. Buy SPYM and SCHG that’s the s&p 500 and US Growth Index both are very cheap (low expense ratio) and will make you very wealthy if you hold onto them. I’d say 40/60 for each SPYM and SCHG. Buy in a RothIRA for maximum total return through Fidelity or Schwab. At such a young age your biggest asset is time and the ability for your money to compound massively over time. $1 from age 18 -> 60 is $120!
I actually did SPYM but said VOO since it's more recognized. In hindsight, most people on this sub probably know SPYM is so I'll update it.
You definitely need to simplify, buy SPYM and SCHG that’s the s&p 500 and US Growth Index both are very cheap (low expense ratio) and will make you very wealthy if you hold onto them. I’d say 40/60 for each SPYM and SCHG. Buy in a RothIRA for maximum total return through Fidelity or Schwab. At a young age your biggest asset is time and the ability for your money to compound massively over time. $1 from age 28 -> 60 is ~$50!
Happy birthday! Congrats :) your age is a huge advantage for you. For the retirement savings, buy SPYM and SCHG that’s the s&p 500 and US Growth Index both are very cheap (low expense ratio) and will make you very wealthy if you hold onto them. I’d say 40/60 for each SPYM and SCHG. Buy in a RothIRA for maximum total return through Fidelity or Schwab. At such a young age your biggest asset is time and the ability for your money to compound massively over time. $1 from age 18 -> 60 is $120! *You do need taxable income to fund a RothIRA, which it seems you have!
SPYM and chill, how many amzn stocks you got remaining?
If you buy SPYM - it has the lowest fee of all SP500 ETFs and it also has the lowest shares price ($80 approx) So it is exactly the same as VOO or IVV or any other sp500 fund except their shares are a lower price.
They're all the same so it doesn't matter. Pick the one with the lowest expense ratio, VOO or SPYM.
Just a heads ups, SPLG is now SPYM!
\> "what's the point?" If you can't beat the S&P500 with your equities, yes, you are doing it wrong. Just buy VOO/IVV/SPYM. But also, you have to include your cash in your calculations of your portfolio return. Obviously if you are 99% cash and your portfolio beats VOO for the other 1%, that's not saying much.
I use SPYM the fee is 0.02% while VOO is 0.03%.
SPYM is solid, but don’t forget to check long-term performance too! Sometimes the cheap option isn’t the best in the long run!
VOO is the S&P500, as is SPYM and FXAIX. VTI is the total US market by weight, which is close to the S&P500, but not identical.
idk, SPYM's a solid choice for low costs! Just make sure you know its tracking method before diving in!!
I’d go with SPYM if your broker doesn’t allow the purchase of fractional shares and you aren’t able to purchase whole shares of VOO.
They track the exact same index. Functionally identical, SPY has an expense ratio of .09% and VOO is .03%. Thus the slight edge to VOO, IVV, and SPYM. SPYM is .02% but lower trading volume and wider price spreads. In other words be careful with SPYM market orders, better to use limit order to be safe.
SPYM for the lowest expense ratio and cheap price per share
Next time, just buy the market. Buy SPYM and QQQM. Scale in and average down every 5% drop or so. The market always goes up. It's simple inflation. After you've built a larger position, lift a little when you get 15-20% over the 200 day average, but never sell out. ABB...always be buying, just not the highs. I start buying around 4% (SPYM)-5% (QQQM) over the 200, and add on every 4-5% drop from there on down. Good luck!
Look - I do think you're getting \*wrecked\* by some of the comments, but they're also not wrong. You're background whining about more or less being an incel and 'woe is me,' before the market losses, and I get it - life can be a bitch. However: 1. You're young. You've got plenty of time to improve your life and to make better choices. 2. You're employed. A ton of people aren't - a someone who has been hiring in tech over the past years, it's been damned obvious the entire market (including hiring in AI unless you have a \*very\* special/unique pedigree (e.g. leaving Deepmind or a few others) has been utter crap for at least 3 years now. 4 years ago, couldn't get submissions. 2.5-3 years ago would get 300 submissions in 2-3 days. Make yourself seen in a \*useful\* way at work. 3. I see you've already posted about 'maybe coming back in a bit and trying again' - this doesn't sound like 'lesson learned,' it sounds like 'once I have enough money to gamble, I'll do it again.' It's your call, but hey, S&P is up 18% or so and VXUS even more - you could have taken the cash, or profits and dumped 90% of it into VTI or SPYM/VOO and VXUS or DFIV and had - <something>. I won't even ask if you've got retirement accounts, but there's a reason for the mantra of emergency savings, pay off high interest debts, max retirement allocations, etc. before brokerage or trading accounts. RE: no friends, no dates, blah blah. Try to take a look at yourself from the outside. Are you obsessed with trading that any convos you have are about that, or do you actually listen to other people? Do you give monologues or actually interact when you engage with others? Do you bathe, shave, wear clean clothes, etc. ? These are all things you can work on. Look at Meetup groups or equivalents, hopefully for something besides options trading. Get out of the house/apartment/etc. It's ALL work, man, but the endless 'woe is me' is a self-perpetuating cycle, and even real friends can get tired of hearing about it if everything they get from you is negatives. You can take lessons from the past, but nothing good comes of obsessing over it as it can't be changed, but you can change in how you look at things, and plans for the future. If you want to jump back on the options train, how about limiting it to for example, 10% of your holdings max, no matter what happens? It's all on you if you take any sane lessons away from this, and use it to improve your own future, or stay in the 'woe is me, maybe I get fired, no one likes me' mentality. And you're not the only one - many of us have had serious ups and downs in their lives, and had to 'adjust' as to 'now what?' I've moved across 10 states or so not knowing a soul - a whole lot of lonely 'new starts from scratch' with accompanying moments of loneliness and 'wtf am I doing?' at times. Came damned close to losing a house, temporarily lost a career in one of the big crashes, but you don't give up - you take the lumps, the lessons learned, and move the F on. Good luck!
Why buy calls on SPYM? Why are you concerned about notional with a long call? Unless you plan to hold to expiration, notional exposure isn’t something you need to worry about.Much better off buying calls on SPY or SPX
2 calls on SPYM@75 expiring Jan 28 give 2*0,731*8122~=11800 of exposure to S&P 500 returns. If I can buy it at 1140 each, it would be ~9600 left to withdraw after selling ~11800 worth of S&P 500 ETFs. Assuming prime rate at 6.75% by the end of the term I will have to come up with 11000 dollars to buy back the stock + whatever the option is worth at that time. If S&P 500 declines more than 7ish%(1-11000/11800) I will buy back more than I sold to fund options and withdrawal. I am perfectly happy with that, even though I nominally lost money. If it declines less than 7ish% or grows, options will have enough value at expiration to make my 11k buy as much as I sold for 11800. Feel free to correct me here cause I only accounted for delta as it is ITM option. The big question of course is whether I get that good of an execution on SPYM. That's why I am asking for alternatives here.
I have UCITS fund - ticker I500.AS, it is more tax-efficient in my position(I am not in the US). Option will definitely be on the US markets. My plan was to have it in single position that would be ATM as it is supposed to be the sweet spot between decay and amount of capital. Are you suggesting going out of the money to lower delta instead of having lower notional value(e.g $80 SPYM vs $690 SPY)?
I will try to play with SPYM orders tomorrow to see whether I can get fair execution. Just looking for alternatives if it fails.
You can just buy an S&P500 index fund like SPYM, and it is most likely out growing them immediately.
I don’t know what the apy is for ally high yield savings but personally I put cash in BOXX or USFR the yield is around 5%. If you’re looking for more return and a bit more risk VOO, VXUS, QQQM, SPYM are all popular. These are a low cost index funds that track the overall market. (S&P500, International, and the Nasdaq100)
at 19 you should prioritize growth and dont spend alot of time trying to learn to trade stocks or become some.master investor. you can buy and hold any legit index fund like VOO or SPYM or QQQM or VTI and be just fine for a long time in the mean time - just focus on increasing your earning potential so you can save more. and learn to save. like really save if you can start now and save X% every week with a plan to increase that percent every year - you will be very ready for retirement compared to your peers
Just gonna play ETFs man $SPYM for long term calls $SPYI for BTFD moments
Let’s take a break cause you’re getting yourself caught up in the rat race of traders. I just sat down with my mom to break down a manageable time horizon and allocation plan, my mother was freaking out because she’s 60 and still has 20 (now 18) years on her mortgage, she obviously doesn’t want to work full till 78, but after mathing everything out, she can theoretically retire now (high risk) or fully retire in 3 years (paid off all obligations w/early pull available). It’s been rough since her husband/my father passed, but taking the time to slow down and build a picture really helps put into reference where you really are. Theoretically if you invest all that into SPYM/VOO, you have an annual wage which matches median salary (after tax). You’re doing fine, take a breather for a moment because stress will only shorten your time.
25yo student with no job. I have had a portfolio since 2023. I was given most of this by my father and don’t know where to start looking for advice. I bought VTI, VXUS, and BND after reading about 3 fund portfolios. What do I move around? Need to maximize growth so I can afford food while in school. Can’t afford much risk now. KO 2 shares SLV 1 share PFE 50 shares bought by grandfather in the 1960s SPYM 3 shares since I can’t buy fractional VOO VOO 38 shares BND 2 shares have not made money VXUS 2 shares VTI 3 shares
Just wait for a decent-to-large dip, the buy $SPY/$SPYM/$SPYI LEAPs and never have to work ever again
SPYM is lower fees than VOO
if your real emergency fund is $50k - you could invest lets say $20-25k of it split sveral ways to diversify so if shut hits the fan and you have to sell not every thing goes down at once. say for example - if you dont need the dividends $15-20k in BOXX (box spread ETF that pays better than most treasuries and does not pay dividends) $5k SPYM $5k IEFA (or similar international fund) $3k SBUG (or similar gold fund) $3k UTES (utilities) $3k FV (sector fund that avoids tech) $3k XLV (healthcare) $3k RDVY (rising dividend fund) with the exception of SPYM - i think at least a few of these will maintain their value or go up when SPYM drops. just my opinion. not financial advice.
Finally someone else on the SPLG/SPYM train lol.
SPYM has an even lower expense ratio
SPYM's inception was 2005. SPY's inception was 1993. So it's newer than SPY. First to market for funds tracking the same index is a huge advantage in volume, and thus liquidity.
Thanks, found a site that visualizes this much more clearly for me and I get what you’re saying now, good call on dividends too, forgot to factor. SPYM isn’t really new afaik, you might know it under its old name which iirc was like SPLG or something.
TIL that **SPYM** is a thing and that it even has LEAPS calls. First I've ever heard of it. The horrendous spread has more to do with SPYM being a newer fund than SPY and not widely traded than anything else. The Jan 28 call chain's total volume on Friday didn't even come close to breaking 100 contracts. > So S&P500 returns 8% over the course of a little over a year and I’m winning here? No. You forgot to add in the dividends that SPYM shares would pay over that time period. You don't get dividends if you hold calls. You are also assuming you will hold to expiration and then exercise, which isn't necessarily the most cost-effective strategy. Not to mention the uncertainty of what value you'd get out of the shares once you exercise the call. Nor the cash cost of the exercise. > What I’m not exactly figuring here though while getting over 8% CAGR That's not CAGR. CAGR is compounded, what you calculated is a simple return. "Amplified downside" isn't path-dependent under your assumption of exercising at expiration. That only applies if you sell the call before expiration. However, risk of ruin does apply. You literally lose your entire investment in the call if you wait until expiration to exercise and the stock price is at or below the strike price. Indeed, any expiration stock price below your breakeven is a net loss under that assumption. So since it is unlikely that you would lose your entire investment if you spend the same $3,390 dollar amount to buy a few shares, the call has more risk of ruin on the downside in comparison to equal dollars in shares.
I’m exploring options for cheap leverage and looking into leaps and want to make sure math is right and I understand everything here. Can only afford cheaper less liquid ones right now which makes me reluctant but for the hell of it I’m calculating breakeven even if I get murdered on bid ask spread. Long term goal is in my retirement account to leverage returns on the S&P500 on super long term leap options then just rinse and repeat year after year figuring if long term returns are moderately positive my returns will be and slightly amplified. So here’s the math I got and not so certain on. Date- 1/15/27, strike, 50, bid $29.50, ask 33.90, SPYM price $80.30. Like I said murderous spread but don’t have $60k lying around to buy SPY leaps lol. So here’s the math I got just taking the ask at $33.90 and breakeven 7.7%ish so 8% beats owning the stock I think. SPYM 8% increase- $86.724, owning the stock 8% gain obviously. Option- total cost $3,390, profit= $86.72- $50 strike= $36.72 x 100=$3,672.00- $3,390=$282.00 ROI $282/$3390=8.3% a .3% win. So S&P500 returns 8% over the course of a little over a year and I’m winning here? Would definitely try to get lower than that ask price but seems like a bet I’d be willing to take year after year for 20+ years and come out ahead. What I’m not exactly figuring here though while getting over 8% CAGR in the long run feels like a good bet I’m not exactly sure how amplified my downturns are and if I still manage to lose compared to just buying the stock due to amplifying downside even if the long run CAGR is over 8%.
Like people are saying, put it into the S&P (VOO, SPYM, SPYG, VII, pick your poison, it’s all basically the same thing for you rn, pretty much anything vanguard or state street is pretty solid imo) don’t try active investing, for the love of god please don’t, you need to spend a lot more time understanding economics and learning how price movement and all this other crap works, for right now you are just putting your pile of money into a bigger pile of money and getting a little off the top for your contribution when someone else puts their pile in.
Just invest $ 100 per paycheck to an S&P 500 fund like SPYM or FZRzoX( if Fidelity account). Then gradually scale to 500 a month and beyond. Let it grow. Then add NASDAQ etf luke SCHG or QQQM maybe 80% S&P /20 % NASDAQ. Buy regularly so it removes emotion from the equation. Best of luck!
unwind all of that fuck-ass trades and park your savings in SPYM. buy every month. don't sell. thank me later
SPYM or VOO 60% - s&p 500 VEA or SCHF 40% - developed international no china
1) 70% VTI (broad US market) or SPYM (S&P 500, US large cap - pick whether you want the whole market or just large companies, either is a defensible choice) 2) 20% FIVA, IVLU, VYMI or DFIV - international value large caps 3) 10% AVDV or DISV - international value small/mid caps
Yeah so a contract is 100 shares normally - that is basically Day 1 knowledge. These platforms don’t allow you to trade margin or option trade (generally) without going through verification or manually turning it on, they have multiple risk warnings but these platforms are not designed to teach you, they are merely tools, not classes. With that being said, since you knew , let me tell you everything I’ve learned . Options are normally 100 shares per contract but you do not pay for the 100 shares unless you execute the contract, you merely pay a premium to hold the right to buy 100 shares. With that being said , stocks split and reverse split causing the options to get confusing at time . The tickers may have a number next to them indicating some sort of split or change with the shares or “multiplier” with that contract. Not all contract adjust to the stock split when the split occurs, the amount of shares you get may be multiples or reduced once the contract is actually executed, this threw me a few times. 1. Do not buy out the money. There is zero need when you can find contract In the money or even. Out the money means your buying outside your stone (purchase) point and in the money means your buying in profit or even. Trading high priced companies leads to high premiums and lots of OTM contracts unless you have a big wad. Trading smaller price companies you can usually find ITM contracts and there less volatile (generally) with less upfront investment, 2. Do not invest in foreign companies in unstable countries/continents. Prime example: Brazil , there currency fluctuates and that easily adjusts the value of your option. 3. Only play companies your willing to hold, buy low , sell hell, don’t get greedy. 4. Far expiration dates cost more but are safer . Short expiration dates cost less and are riskier . Buying ITM allows you to purchase long or short without worry of Theta (contract decay). 5. 5% of your portfolio go into options at most to start . Use play money tools to try it out before even dipping 5% in. 6. Shares you can hold forever , contracts expire . Shares will always be safer, options pay more. 7. Never bet against SPY. I tried too many times and that shet hardly goes down and always goes up. 8. If you play SPY options , use SPYM , it’s cheaper and less volatile.
I have my credit card rewards paying into a trading account. I get a few bucks a month and I use the money to buy shares in SPYM. It's not much in any month, but it's adding up!
Could do SPYM although the liquidity on LEAPS isn't great.
First, a quick correction on XSP: It is 1/10th of the SPX Index, not 1/10th of SPY. Since SPY is also roughly 1/10th of the index, XSP and SPY trade at similar price levels (\~$600 range), which is why the premiums are identical. For a true 'cheaper' alternative, look at **SPLG/SPYM** (SPDR Portfolio S&P 500 ETF). * It tracks the exact same index (S&P 500). * The share price is roughly $80 (vs SPY's $680) * A 0.80 Delta LEAP on SPLG will cost you roughly **1/9th** of the capital compared to SPY. It’s the most capital-efficient way to get long S&P 500 exposure if you are priced out of SPY contracts.
$SPYM has long dated options. Bid/ask spread is pretty wide, hopefully it improves over time
Splitting hairs here, but I’d go with SPYM if you’re holding long term as VOO is 50% higher expense fee. Those fees really add up over time with a larger holding.
Gonna be spamming SPYM. Got my ass kicked chasing FOMO picks a few years back and learned my lesson, just gonna trust the process and do the good ole DCA
This. The premiums on SPY are shit most of the time. If you are going to write puts do it when vix is elevated which naturally increases the risk of assignment if you don't time it right. And use SPYM instead of SPY because you can actually size properly instead of dropping 68k into a CSP which is not the most effective use of capital
Holding Comcast , Novo, and Sony . While rolling SPYM puts week by week. Imma get screwed in every direction. I’m my own Ponzi
I use SPYM . Less risk less reward . Easier to manage and options are always ITM from the start for a low entry.
Value Plays: CMCSA | SONY | NVO | IRDM | SAN | MFG | ITUB | NU | OTC: NTDOY Nfa I just love these freakin stocks man. All about those net revenues right here. Also puts on SPYM as leverage.
That’s why you buy ITM.. SPYM at the highs today printed like a machine. Bought /Sold same day with a few days till expiration. No need to buy OTM, small profits are better than none. 🪦
My SPYM puts and UVIX printing… Sorry bulls. Christmas is canceled for at least today.
If you want to talk about efficiency, you shouldn't have bought either... SPYM is better.
When SPYM reaches between $75.87 - $77.98 then we rebound. Exact number unknown.
Your allocation is solid and well-diversified, but I'd suggest some tweaks: Consider reducing AGNC exposure - high-yield REITs often come with higher risk and can underperform during rate hikes. Maybe cut to 5% and spread that 5% across more diverse dividend aristocrats. For home buying goals, make sure you have a separate shorter-term, less volatile allocation if you're planning to buy within 5-7 years. SPYM/FXAIX as your core is smart. The mid/small cap exposure adds growth potential. With your age (28), you could potentially reduce bonds to 0-3% and increase equity exposure unless you need that stability for specific near-term goals. r/Bogleheads might be worth checking out for more low-cost index investing advice!
Employee match is free money. SPYM in a brokerage account allows you to buy stuff before the retirement age.
It doesn't make sense to me, but I'm the sort of person who gets ticked off if anyone suggests touching my money, let alone me paying them to mess with it. If I were in her/your shoes I would transfer the Roth IRA to Fidelity, replace GFFFX with GARP (better performance, lower expenses) and NFFFX with a combination of VYMI and either FXAIX, FNILX, or SPYM. Of course, I don't know what the current allocation is in your daughter's portfolio, but here's a quick backtest to show what it might look like when compared to GARP + VYMI + FXAIX -- and this doesn't even take into account the AUM fee being siphoned out of your daughter's money. [https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=1NPb1B2eUs5EdCQZx0bwIm](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=1NPb1B2eUs5EdCQZx0bwIm)
SPYM and chill. Just like this year. And last year. And the year before that…
Hey quick Roth question yall. 2 years in I’m currently: 65% SPYM 25%SCHG 10% URNM (idk why I just saw green and said yeah) Planning to ditch URNM and diversify with some intl. Currently thinking: 55% SPYM 20% SCHG 15% FIVA 10% AVUV Does that sound like a reasonable readjustment or should I move some of those percentages. Since I’m younger (27) would it be better to go more “aggressive” and chase growth?
SPYM is a cheaper S&P ETF. It's what I use.
Only make sure you look for SPYM since SPLG changed its ticker symbol a few weeks ago.
You can't buy fractional ETF shares with Schwab (they have "stock slices", but not for ETFs). You can with Fidelity (and I don't know about Vanguard since I don't use them). You'll have to either 1. use mutual funds for it (SWPPX), 2. buy SPYM, which has a much lower share price, or 3. use a different brokerage.
if you buy SPYM - its sp500 for $80 per share with lower fee
I have so much dry powder ready for this dip. Nibbled on amzn and some more SPYM. Thinking about adding ORCL, maybe NVDA and META as well.
Honestly, days like this are good to just DCA into SPYM or other blue chips lol. I’ve been burnt on options too many times I think I’ll stay away for a little while…🤣
SPYM 1DTE . already profitable.
Buy companies you believe in. I hold Nvidia, LUNR, SPYM, Robinhood, Crisper, and small amounts of Hims and Quantum Computing but I got in a long time ago. The goal is to not panic when things go down. I dont trade options cuz you can lose tons of money and you'll never win unless you really know what you're doing. In the long run, the market always goes up.
If you have no idea just buy an index sp500 fund like SPYM and only check on it like once a year and never sell. To answer your question, one simple thing to do is look for the MAG7 stock that has the lowest PE and buy some of that. It's not guaranteed to work, but historically it has done pretty well. Earlier this year it was GOOG, and now it's META after the drop.
Roth, HSA, 529 are all good options. I'm currently going 50-50 in BTC and SPYM, but that's just me. Unless you want BTC exposure, then I'd recommend anything that tracks SP500 or Total Stock market or w/e. I was all in on FNILX before but wanted an ETF instead of a Fund, so I switched to SPYM. \----- If you think you'll need the money before retirement, you can invest it normally.
Iwm takes out the local tensions but misses tech upside. Spy is a good balance. Go 3/4 spy 1/4 VOO for added safety. And remember. Always the M. QQQM OR SPYM if you’re gonna buy hold.
Bears are gae. Novembull and Decembull are back. What is your call strategy of SPYM?
Can I interest you all in some SPYM ? WOW .02 expense ratio wow no liquidity
Can I interest you all in some SPYM ? WOW .02 expense ratio wow no liquidity
Never heard of SSO but I’m in QQQM in addition to SPYM (and NVDA). Trying to get into SPY LEAPS but that’s a lot of money to be risking.
No, sorry, never saw the comment, I have a few places to park cash, so I have safety nets, but with idle investment cash (or on days I need to size down and direction has been confirmed in OR/structure) I park it into SPY/SPYM, depending on news I’ll trade, sometimes oil, etc, but mostly the past few months I’ve been cycling through specific semiconductor stocks, hopping out when they start blowing up and going crazy (either take a good win and leave or take a pp slap and then leave harder) or when catalyst are not established. I’ll take some movement and get out, I’m more about preservation of capital rather than compounding capital, more stable. You just have to do your research, keep yourself centered, and be able to have the self control to step away when you lose or win and need to settle down.
An alternative to simple DCA that may be better than lump sum - Invest in SPYM, (currently trading at $79.44) instead of SPY5. Buy some shares - maybe 50 shares. Then sell two cash secured puts expiring in December. If I were doing it, I'd sell cash secured puts with strike prices of $79 for $160+ premium, and another with a strike price of $77, for $95+ premium. If the share price pulls back to $79 or $77, you'll be assigned to buy 100 or 200 shares, paying less than the current price. It's like being paid to set up a limit order to buy shares when the price drops. If the price goes up, the premiums you got paid will at least make up for some of the opportunity cost of not buying lump sum. The premiums would be more than $250, which is enough to buy 3 more shares right now. And you can sell another cash secured put or two to make more cash the next month. It probably sounds complicated, but it's pretty easy to do once you learn how. It's routine for me each month. This is the safe way to use options to boost your returns.
SPYM needs more liquidity you fucks don’t have billions to throw around for SPY. Pile in, price discovery is a pos on the chain
Buy S&p 500 ETF like VOO, SPY SPYM. Or NASDAQ ETFs like SPLG, QQQM. Or those with divs like QQQI, GPIQ. SPYI. Then before December you know how much gains you have and can guestimate the taxes for gains. Sell equivalent of your losing stocks to offset it. So that your net taxes for your stocks will be zero. Or better yet sell an extra 3000 and you can deduct it from your taxes ( if you are in the US).
Bought some TSM and more AMZN so im happy. Added some more SPYM and SCHG yesterday. Its a nice little sale going on imo. Could still dip more and more ofc but im happy to keep adding at different levels.
To save people time, as of Nov 5 2025 SPLG appears to have disappeared and is no SPYM. Not sure of the technical details, there were two, now there is one.
100% ETFs. 92.5% equity ETFs. 7.5% physical gold ETF (IAUM). The equity ETFs (as a % of total portfolio): 52.5% S&P 500 market weighted (SPYM). 10% percent S&P 500 quality (QUAL). 10% mid-caps (SPMD). 5% small-caps (IJR). 15% broad internationals (VXUS).
Hey man, I saw you a lot around here and your advice is pretty easy for a beginner like me to understand. Mind if I ask you a question? Right now, I’m in a similar position. I only hold SPYM but want to add more international diversification. If I plan to hold long term, what do you think of IDMO + AVDV. I feel like this cover both ends of developing markets. But I’m also willing to switch out IDMO for AVDE, IDEV or FENI. I also plan to add some forms of EM like AVEM, AVES or FRDM. Personally, what do you think about these funds? I plan to do 20% for DM and 10% for EM.
Just buy the sp500 (VOO or SPYM) If you want to save the world - make a shit load of money from the stock market and donate part of it to your favorite worthy cause. Your purchase of sp500 is not going to help or hurt anyone but your own financial future.
Just buy the sp500 (VOO or SPYM) - the saying in financial studies is.... go woke - go broke. If you want to save the world - make a shit load of money from the stock market and donate part of it to your favorite worthy cause. Your purchase of sp500 is not going to help or hurt anyone but your own financial future.
Before buying anything else, buy SPYM and QQQM that’s the s&p 500 and Nasdaq 100 both are very cheap (low expense ratio) and will make you very wealthy if you hold onto them. I’d say 40/60 for each SPYM and QQQM. Buy in a RothIRA with Fidelity or Schwab. Feel free to DM if you want! Congrats on what you’ve already accomplished and I’m also 19 so if you ever feel tempted to spend your savings or stop investing reach out for encouragement. Good work sir!