Reddit Posts
Does anyone avoid diversification (like me)?
ETF allocation changes due to high valuations
Strategy for entering the market with large lump sum
Strategy for entering the market with large lump sum
Weird question but like, are the majority of financial advisors just scam artists essentially?
Mag 7 already did their 100x (and more). So where does the next trillion-dollar (or multitrillion) company come from?
Gamers here, do you invest in a game company like Nintendo, Sega, etc?
Simple IRA through work and personal Roth IRA (35)
Supposing AI goes up, is AIS ETF a safe choice?
Beginner looking to make my first options trade — how would you approach this?
Equal weight S&P 500 ETF (RSP) for indexing rather than VOO?
Beginner looking to make my first options trade — how would you approach this?
Why are all my individual stocks down but index at ATH?
Rate my Roth IRA split, just opened my account and haven’t put anything in yet, just looking for advice.
LTCG or dividends or cash to pay for big ticket fun?
Can I do multiple Schwab deposits through the year without any issues?
What are your Top ETFs Picks so far this year? Beyond VOO, VT, VXUS?
US market - VOO or CSPX QQQ or CNDX or anything else?
I'm deciding to sell NASA (tema) etf for tax loss harvesting, since I made around $300 in profit so far in 6 months. Should I do it or no? Needed thoughts.
Concentrating positions, not diversifying. Insights from those that have done this?
Thoughts on the "double dipping" portfolio ive been building
Lost some and gained a lot - should I keep going?
For anyone wondering exactly how much QQQ and VOO/SPY actually overlap, here is the math.
21M first-job in CA, USA. Seeking Investment Strategy Review
Tips for novice investor ! Critique is what I’m looking for
Question: How do passive index funds like VTI, VOO, SPY, ETC., work?
Where would you put surprise inheritance money
I have X amount to invest and I need it to triple in 10 years
Lost money trying to be clever when VOO was sitting right there
+206k from two years of VOO and 7 tech stocks. -$200k Loss from one day of Sandisk calls.
I’m going to rebalance my entire portfolio to 80%VOO 20%VUG for a little more growth tilt but I have a question about maintaining that allocation
When I put $5 on a stock I win , put $50 in I lose almost every time.
Revenge traded a NFLX loss into a $700,000 MSFT profit 💰
I wish I never invested into LUNR and NASA. been waiting for a few weeks to sell, but ofcouse dip keeps dipping....
Best Way to Diversify Brokerage vs Roth IRA?
Selling $DRAM (up 13% today), evaluating alternatives.
Chasing the memory stock rally ruined my portfolio. Now I don’t know if my new portfolio will save me or make things worse
22, Nervous about Risks / ETF vs Individual Stocks
I backtested 44 Robinhood IPO Access deals. Why buying and holding is a trap and the hypothetical strategy that beat VOO
Top ways to invest in innovative companies through ETFs? High risk appetite
going all in on “small satellites”
Uncertainty with my portfolio, should I reallocate, trim, hold?
38M Canadian with Defined Benefit Pension: Looking for Honest Criticism of My LongTerm Investment Plan
Trying to ACTUALLY understand what is happening with memory stocks; not asking for predictions
Are there stocks with 6%+ dividends that still keep pace on IRR overall with equity ETFs (12%+)?
Thoughts on auto-callable basket type instruments with downside protection?
19-year-old college student looking to invest for the long term. What would you buy in 2026?
21, recently married. Any advice for a new-ish investor like myself?
Build an ETF portfolio that could survive a crash
What do you tell people that are too scared to move out of cash?
A warning on how a stock hobby can progress
I am in digital marketing, and I just went full port into Google.
Mentions
The actual directionality has been into Vanguard though. VOO only overtook SPY as the world's largest ETF 18 months ago. >Vanguard's S&P 500 ETF (VOO) has become the world's largest exchange-traded fund after $121.1 billion in inflows this past year, taking the top position from the SPDR S&P 500 ETF Trust (SPY), heralding a major shift in passive investing. >State Street's SPY, the oldest US ETF and an industry bellwether since its 1993 introduction, had steadily been losing market share to VOO over the past year, despite SPY's 17-year head start. https://finance.yahoo.com/news/voo-overtakes-spy-world-largest-193012109.html There has been a shift in general from mutual funds to ETFs. If someone decides they don't want to use Vanguard's janky brokerage interface and move their VOO holding somewhere else, Vanguard is still the custodian of the AUM.
VOO is for when you have piled up enough cash that +14.3% puts a smile on your face. If your investable assets are less than two months of salary, gamble hard friends.
VOO is for pussies. Get back in the casino, champ :pepetrump:
Day after day I look at all my holdings, and read all these posts, and sit here coiled like a rattlesnake ready to strike. Every day I leave my money in VOO, two steady covered calls that print cash, and some foreign investments that crawl up 0.3% every week. There's no clear direction of traffic.
VOO is a fund, the above is referencing ACATs in the retail channel. Vanguard doesn't publish this, it's from friends I know working within those project teams that are trying to solve for their ongoing issues here.
I'm VOO and no chill because all I do is check spy all day
This fund was launched as a mutual fund, and still exists as such. Today's largest ETF, VOO, was later added as a share class of this fund, and is now the largest share class (being by itself over $1tn AUM). The first index ETF was SPY, [launched in 1993](https://www.cnbc.com/2023/01/23/the-first-etf-is-30-years-old-this-week-it-launched-a-revolution-in-low-cost-investing.html). VOO has since overtaken SPY as the largest ETF by AUM, although SPY has higher trading volume.
Source? This sounds like bullshit. For July 26, VOO had the most inflows of any us etc by far. Vanguard overall was second for fund flows. Source: https://www.etfaction.com/vanguard-leads-inflows-as-sp-500-etfs-gain-and-qqq-sheds-billions/
Personally I’ve never been too concerned about that level of diversification. I think VOO is plenty diversified for her, and honestly too diversified for me. I only own 11 stocks and on purpose try to be not diversified so I can outperform VOO. RDDT is actually the biggest.
About 3% of them, and they all work for Rennessance Technologies. Virtually everybody fails to beat VOO (or whatever their benchmark is) net fees.
That makes sense. SCHD may behave differently in a downturn, but I’d still treat it as an equity tilt rather than the part of the portfolio specifically protecting your withdrawals. Once you have one consolidated view, include the individual stocks and look at the actual stock/bond/cash allocation across everything. That should make it much easier to see whether the overall portfolio matches the retirement plan before moving a large piece of VOO.
That changes the picture quite a bit. Your 3.7% starting rate may give you some room, but I wouldn’t compare it directly with Bengen’s 4.37% unless you’re also using something close to the portfolio and withdrawal assumptions behind that number. His updated model uses a diversified 55% stock, 40% bond and 5% cash allocation with regular rebalancing, not an all-equity portfolio. The 15% in individual stocks may also be a bigger concentration risk than the difference between VOO and SCHD. Before moving a large part of VOO, I’d model the entire retirement portfolio including those stocks and see what actually funds your spending if equities fall early. SCHD may change the type of equity risk you hold, but it doesn’t remove sequence risk by itself.
if you look at the Portfolio Backtester site, you can see what happened in 2022 (as a stress test) and over a longer time. SCHD indeed behaved pretty well in 2022, but VOO may do better overall. consider something like 80 SCHD 20 SPMO, which dials back the IT while maintaining a good return. it's worth spending some time to test different allocations at Portfolio Backtester. just remember this reflects the past and not the future. still, it's helpful to see how investments held up in 2022.
Given what you've said, it's probably safe to assume your mom is in her 60s if not older. VOO alone is too concentrated / aggressive for most older individuals. The S&P should just be a piece of your portfolio but never the full because it completely excludes medium/small cap / international stocks / bonds (depending on your timeframe)
most people/advisors/managers will never beat the S&P, but for a good reason stocks are one of the more risky assets to own (because they can drop 20-50% in a year) so they generally have higher returns to compensate for the extra risk. most people (especially as you get older) are not 100% invested in stocks, they also own safer things like real estate and bonds to soften any drawdowns, but that also reduces return, so almost no regular diversified portfolio will beat the market you can definitely manage your own money by deploying 100% of it into VOO like r/Bogleheads would recommend, and avoid any advisor fee while getting a high return (albeit with more risk) that being said, most advisors are not any more beneficial than chatGPT at this point. they are salesmen who pitch obvious strategies anyone can look up on their own, but for a higher fee now there are good advisors, people who will plan your finances properly, not just "investment manager". this includes things like a will, setting up a trust for property and or children, and tax advantaged strategies (if/when you get there). true financial planning and requires consultations and planing towards goals, and at that point the fee may be more worth it again if you're just saving low single digit millions or less by retirement at a W2 job and not doing anything fancy, r/Bogleheads is must read information. anything more complex and you can start to entertain other options
Reddit is full of the dunning kreuger effect. They know VOO goes up, so everyone should just VOO & chill and they heard financial advisors just pick high fee mutual funds that underperform for a 1% fee. Why would you hire an advisor if that’s what you believed? They don’t understand what a real financial planner does. But it’s cool, not really the target clientele anyways.
1) this isn’t always true and 2) not everyone has the risk tolerance a you nor do they have the same time horizon for their goals. Would you tell a 70 year old living off their funds in retirement to throw all their money in VOO?
My whole portfolio is VOO, am I effed?
Yeah, literally doubling the SP500. I'm not saying I'm smart or anything, just pointing out that it's very possible. Literally 80% of it is because I bought nVidia. The rest of it is because I bought all the other FAANGs, plus Seagate, sandisk, ARM, AEHR, PLTR, RGTI, and timing Take Two for the GTA6 release. I'm not an investment god or anything, I'm just investing in what I know which is tech, and riding the bubble. 15+ years ago, AMD was bouncing from 2 to 4 dollars, you could literally buy at 2, sell at 4, buy at 2, sell at 4. When it went past 8, I knew nVidia was far better so I bought them before the jump. Then I bought AMD too, just to see where it would take me. To say no one is beating VOO is ignorant. That's all I'm pointing out. Idiots like me get lucky all the time.
Also, might be a dumb question, but why does everyone here seem to like SPY more than VOO?
Paying a cheesy place 1% a year without guaranteed results is plain naive. Anyone can read a basic book on investing and do just fine. Professional advisors do no better than the averaging VOO slug on his own.
Sorry, my comment could have been more clearly stated. Here’s an example. If you look at the December 700 VOO put (110 dte), one contract would get you $1684 (according to Tastytrade’s theoretical value). One contract of the October 700 put (33 dte) gets you $701. You could sell three 33-day puts during that 110-day period and net approximately 3 x 701 =2,103 (with 11 days left over).
If your sum is large enough to buy a few hundred shares of QQQ/SPY/VOO/IWM, selling CSPs and CCs is an easy way to bank off the premiums.
Too good to be true? It’s all about picking the right tickers with this strategy. I’ll give you the stats for you to decide if it’s too good to be true with the choices you want to go with. The best put strategy in the last year with VOO was the -.50 delta put with 60dte. The strategy return was +25.5% versus VOO return of +40.6%. VOO drawdown -18.5% versus put strategy at -2.5%. The best put strategy for QQQM in the last year was -.35 delta with 30dte. The strategy had a return of +28.9% versus QQQM return of +53.3%. QQQM drawdown -22.6% versus put strategy at -15.2%. If you pick a better ticker to go with, results can be much better. For an example, GME had a return of -10.2% but a put strategy of -.50 delta with 60dte had a return of +88.1%. GME drawdown -49% versus put strategy at -18%.
Honestly, don't enter the market with options. Buy some ETFs... to hold your money while you figure it out. Buy VOO outright... let it make you a little money... when you think you have found a stock you love, liquidate enough VOO to sell a CSP. dip your toes... trade on paper... feel this out...
It’s not about beating the market. For some people it’s simply capital preservation with limited downside and capped upside. For instance, VOO is $707. Let’s say you can’t stomach or can’t afford to see it drop below $640 (9.5%) by the end of 2028. Well you can pay roughly $40 per share to buy a put option to guarantee you won’t have to own it below $640. To offset that cost you can sell a $855 (21% upside) call for the same $40 per share. This gives you protection where you will own VOO if it remains between $640 and $855. So you cap your upside to 21% in exchange for limiting your downside to 9.5%. Not everyone needs this but for some it’s a good strategy and one a FA can help execute and manage. In this scenario you aren’t trying to beat the market. You’re managing risk because you might have thresholds where withdrawals get too painful or any variety of other reasons.
I think that’s the thing that people like me don’t understand. People like me think you can just put the whole thing in VOO and average 10% over a year or 300% over 15 years and don’t worry about anything and don’t pay any fees. But people that don’t invest or are afraid to invest, I guess the danger of not having a financial advisor is they end up keeping it in a savings account and getting one percent per year. So well, we think the alternative is putting it in VOON saving that one percent, in reality the alternative is losing to inflation.
My advice to you is don't do options until you have several years of investing knowledge and better understand the risks. Yes you can make income from options but if you do it wrong you could loose a lot of money. You might be better off with fund like SPYI. it invests in the same index as VOO but sells covered calls to cover the price gain into dividned income. They have a professional staff that can do option correctly with little risk to yourself. SPYI has a 12% yield and its dividned income will not be taxed for about 10 years. And they manage to also keep you taxes very low. You will likely pay close to zero tax on the earnings from SPYI for about 9 years. After that the taxes will go up but will still be very well. And using CahatGPT can be risky because tends to make mistakes or will bias its sewer to what you want to hear.
Most folks think they can handle the volatility of %100 VOO until the volatility hits.
I was going to suggest the short put strategy for entering the market as a way to mitigate some of the concern about buying near ATH. But don’t do it if you aren’t familiar with options and absolutely don’t trade with lower liquidity underlying like VOO, SPY is better with less slippage.
I was beating VOO until I wasn't. My investment is basically flat for last 2 years, and S&P has gone up.
Except the funny thing is there is very little evidence target date funds actually do what they’re designed to do (and a lot of outcomes where they have done much worse) since bond funds suck ass and don’t provide the same protection from volatility that holding bonds for coupon payments to expiry do. Target retirement date funds are better than nothing but much, much worse than even paying the extra 1% to have a professional make a simple bond ladder and putting the rest in VOO.
BS... Goldman Sachs S&P Competitive Advantage and Kensington Dynamic Growth SMAs do so consistently. GS beats S&P by 3% per year on average with less risk over the last 15 years. You'd never know this because VOO is all you do.
Moving the goalposts I see. Yes I beat it by more than 1% per year. I'm not a financial advisor, but I don't see how that's relevant the point that it's actually possible to beat VOO consistently.
At your wise young age I'd take some advice from one of the best investors to have ever lived. Warren Buffet. He'd say, invest your funds in Vanguard S&P 500 (VOO) long term. Super low fees.
If you think Goldman or any of the “big names” have a crystal ball then you should to be forced to VOO and chill because you’re dumber than you look
It's not a financial advisors job to pick stocks for you. They exist to help you understand different types of investments and to make sure your money is invested correctly based on the amount of risk you're willing to take. It's not the safest plan to invest all your money in the stock market and VOO is very tech industry heavy so if there's a major bubble, you'd lose more money than if it were better diversified. At your age though, it's easily worth the risk, and they'll probably tell you that. The average middle class investor doesn't need a financial advisor, but as you generate more wealth you might.
I've consistently doubled VOO over the past 15 years.
Ive outperformed VOO by a significant margin buying nothing but funds. FSELX, FSSNX, FSMDX and international exposure alongside the S&P was all I had to do and I didn’t have to pay anyone. More than doubled my money in 4 years. Just buying and holding. A wide margin of people buying VOO don’t try to time the market so I’m not sure where you’re pulling that assertion from. You shouldnt be investing money that you arent willing to lose or sit on for a significant length of time. What exactly makes the downturns less painful with an FA? You have no control over the market either way. Refusing to accept that cannot be fixed by someone making devisions for you. That is internal emotion, and to be quite honest, weakness. Most FAs exist because of a gap in financial literacy in my opinion. The system purposefully keeps people illiterate to keep them poor and dependent. A good tax attorney or financial planner is necessary for a multi millionaire looking to be completely hands off or navigate taxes but I fail to see how it’s helpful for the average middle class investor. Since you seem to be an expert on financial planning explain what they would do for an average person that they couldn’t do themselves?
Horrible take, and you have no understanding of what a true financial planner does. People think “advisors are pointless, just buy VOO” but then market tanks and they sell at the bottom. Literally very few people know or understand their risk tolerance, and even fewer can handle the downturns. And most don’t know anything about tax planning and estate planning, etc.
I think I’m gonna block most of the other investing subreddits. The posts that get into my feed are always the same shit every day. “VOO and chill” “Proof you can’t time the market” “Why DCAing outperforms everything always no matter what I’m not crying you’re crying” And then the comments are just people being like “Yep. Never sell ever, no matter what. Even if you need the money or are retired. Never ever sell. It would make *taxes*.” At least we discuss real current crap going on here, even if we are degenerates
Not scam artists. But potentially not everyone needs them. But every situation is unique. Buying VOO and chilling is great for a long time but eventually you might reach a point where you can’t afford or stomach a 50% market correction. You may want professional help to hedge against that; limits your upside but also protects the downside. Or you might be in a situation where you’ve saved up a bunch and want advice around tax strategies and withdrawal planning in retirement. A good financial advisor can do a lot more than just tell you to buy Apple and take 1%.
I appreciate the sentiment about the cost of financial planners and the lack of fiduciary status, however, "100% VOO" may not be an appropriate allocation for your mom depending on her age, assets, and life situation. When in doubt use a target date fund, which might be more appropriate.
Currently VOO & VGT and chill, im in this subreddit to see the chaos and destruction 😂
So you agree that the statement that "no one beats VOO" Is patently false. Yes?
OP said "no one" is beating VOO. That statement equates to 100% failure rate by all investors to beating VOO. Then you, citing no sources, openly admit that 5% of JUST institutional investors beat the VOO. So....yeah.... The numbers agree with me more than the OP. and the best part is thy YOU made the argument for me. 😂
Switching my 75% VGT portfolio over to VOO in early 2030 then. Thanks for the heads up!
when you have kids please just invest them in VOO okay. they shouldnt have to suffer from your mistakes
Not a scam, just overpriced hand holding. Unless you're dealing with complex estate planning, tax harvesting, or millions in assets, a Fidelity account + VOO is literally all you need.
I’d go 70% NVDA and MU (both still fairly valued) and 30% VOO. Also, I’m A big Jenson fan!
Broad market index is VT. If you hold VOO only you’ll be completely fine as well. It quite literally doesn’t matter unless you’re retiring in less than 10 yrs. People are paying these advisors 1% to underperform a simple buy and hold VOO strategy. I will hold 90% equities and 10% or 5 years of expenses in cash equivalents when I retire . If your withdraw rate is less than 4% because of social security or just less spending then you don’t need bonds or anything else other than VT.
VOO and chill is an elite strategy, but I take issue with someone saying that no one beats it because there are funds that do
I did some chatGPT research and my portfolio has had a higher growth rate than VOO since 3/1/2020. That’s a nice feeling.
yeah this is not really a good take. if you go into every stock like this you are bound to not buy anything oder then VOO and SPY. But hey you do you. I have checked the data. GTA 6 WILL be revolutionary, it WILL smash sales records, literally everything points to it doing exactly that. GTA 6 online WILL be a cash cow and will have some sort of monetization. So yes, some of your statements were misinformation. e.g. the one where you said that they would need to sell hunderds of milions of copies AND microtransactions to make a profit which is just straight up not correct. All that matters RIGHT NOW for the stock price is how the pre-orders will do, which we will find out on Nov. 7th. what happens after that, I have no clue as of now. It is insane to me how many people say "priced in" or "shit stock". almost feels like they are actually grifting and trying to keep the people from buying. Like buddy, sure the release might be priced in, but guess what, it isnt. because the bookings expectations have been set way too low.
Are you a financial advisor?? (No) If you were, what fee would you charge? (Some amount) After deducting that amount, compounded since 2013, are you still beating VOO? (No) And even if yes, ARE YOU A FINANCIAL ADVISOR?
If you'd had an advisor who'd told you at 18 what you figured out at 30 they'd have made you a lot of money even if it cost you $500 to be told VOO and chill.
I am currently beating voo with individual stocks. HTFL and ASML. However I sold out during the China chip controversy and am sitting on $30k in cash unsure of my next move as my advantage over VOO gets smaller and smaller.
I beat VOO since 2013, both in raw returns and on risk-adjusted metrics.
Normal FA's like OP is talking about aren't doing that though. Your normal person is fine in VOO with a 30 year horizon
Of course many do. There's some bell curve of annual returns of stock pickers. The "peak" of the bell curve: that is the average return of stock pickers, will be to the left of the annual return of VOO. Probably about 2 or 3% in points less. But it could still be positive. And a significant chunk of the tail of the bell curve, will actually exceed the returns of VOO. But it will be less than 50% of the total stock. Pickers, And due to luck not skill.
Just my two cents, you can VOO and chill, especially if you have long horizon before you retire. I’m older and I do VOO and some value ETFs. I’m a little more conservative in my investing, but I’m still almost 100% in the stock market with no bonds.
Oh - I didn't know VOO was +60% this past year...
So I have a different perspective. I’ve been investing in stocks and index funds for 20 years now. My mom uses this company Ameritrade and they take 1% of her account every year. In my mind, this is similar to stealing half of her retirement account. I’ve begged her to change and just put all her money into VOO in Fidelity. From her point of view, it’s worth it. She knows that she’s giving them a lot of money, but it’s almost like a very overweight person giving a personal trainer money. The act of her giving a portion of her money is mentally adding to her motivation to invest in the first place. She keeps saying that she wouldn’t do it on her own. She’s happy so it’s not worth the argument.
Plenty of people do. They just don't work with the general public. You bogleboys are so dead set on indexing as the ONLY way that you fail to do even cursory research about other strategies. Will you make money in VOO. ABSOLUTELY. do other, more sophisticated inclvestors make more picking stocks? YES.
You have the right idea, open a fidelity/vanguard account and just buy VTi/VOO
No one is beating VOO by picking stocks, I don't care what they say.
Yea. I think you are right in staying out of the market means losing on gains, especially at 18. Compound interest is no joke. Also, there is a chance that the person you have responded to is only looking at the single investment in NVIDIA and just calling the whole thing stupid. For OP: happy medium - Just DCA into VOO or VTI. You still have exposure to NVIDIA doing that, but all of your eggs are not in one basket. Please, do some research into the basics before making life changing investments.
800 every month? Just all in VOO and be a millionaire in your 30s
How would you feel about putting 70% in VOO and then reserving 30% for fun AI gambling?
Seriously. Gg, high beta stocks. Boomers were right about VOO and chill.
Just put $46k in VOO at least. Or maybe $100k in VOO and then play with the rest, unless you’re already rich and this is just fun money.
Plus opportunity cost of VOO & chill, so technically a lot more
Yeah I mostly read the regarded stories here to remind me that my VOO and chill strategy is the right one.
Imagine if you all the money you loss on options were invested in VOO instead
Some of us VOO and chill and only come here to laugh at the people who don't.
How did you do this with 90% VOO? It's up 25% over last 5 years. You degenerate, cant even win with an index fund.. Makes no sense
He finally just put whatever's left in VOO
I’ll never understand rolling your entire wad into the casino. I know it sounds crazy but you could throw like 50% into VOO and then be a retard and gamble the rest of your money away.
Take 90% of your account, and put it into VOO. Take the other 10% of your account and put it either into stocks or light it on fire - both are about the same. Congrats, you’ll probably outpace and out earn 85% of the people here.
anyone VOO/VT and chill wouldn’t be in this subreddit in the first place
Don’t feel too bad. VOO is only up around 40% over the same time horizon.
90% VOO, 10% individual stocks. Thats what you should do
Thats the point. If nobody loses, nobody wins. There has to be a loser for every winner. You and I were never going to be the winners. That's for the big dogs. All we can do is put as much money as we can into VOO as often as we can and never look at it for the next 30 years. I was continuously losing like you, trying to time the market, trade futures, sell options, spreads, 0dte options, every ""trick" i saw on youtube...lost a ton of money. Then I gave up and went to passive investing. I finally about 3 months ago got my account above breakeven, and now I'm up about 20% from where I started. And it feels amazing. It will only compound from here, unless something terrible happens and the market crashes. Even then, I would just buy as much as possible and wait for it to go back up again gain more.
AI will basically tell him VOO and chill
Total return for JEPQ is 89% with DRIP (dividend reinvestment), comparable to VOO over the lifespan of JEPQ. Looking at nominal return for income focused ETFs is a smooth brained maneuver.
JEPQ +22% in 4 years SCHD +67% SPY / VOO +87% VTI +88% QQQ +137% QLD +268% “iT’s hElD uP wAy bEtTeR thAn mOsT peOpLe PrEdiCtEd” It’s shit.
Only up 5% YTD. No options, only high beta stocks. wtf, boomers were right about VOO and chill
If you want to do options, you need to learn about them, you need risk management strategies, you need to know what to do when the trade goes wrong. You need to devote a lot of time into this and figure out what works for you and your personality. Are there people who got lucky, of course. Are there people who have figured out what works for them and know what they’re doing, of course . But in options trading, you will find study after study that show majority of people lose money. If you don’t have the time to sit down and learn over months/years and refine your strategy then I would not do it. You may want to then consider the slow and steady thing like VOO/SPY (buy and hold).
I did a search on "zero dividend ETF" because after reading your post I was curious if such a productc existed. I found XDIV from Roundhill. It has only been around for about a year. What it does is buys the SP500 index, currently through IVV, and then sells the shares the day prior to ex-dividend and then just buys them back. Effectively that avoids dividend distributions. The prospectus says it might buy SP500 through any of VOO SPY IVV (and maybe others I'm forgetting). But current allocation I saw was IVV. I only know of SPYM that would be cheaper expense ratio.
VFLO is interesting I have a couple of thousand dollars worth of it in my personal portfolio but its dividend rate is a bit higher than VOO
Yes, VOO is better, but would still throw off several thousand dollars in added taxes over 10 years
VOO is more growth less dividend ( 1.04% ) I know VOO is the set it and forget it meme, so you probably already considered it, but it is my more conservative growth etf.
https://preview.redd.it/cg9fn7kkk7mh1.jpeg?width=1179&format=pjpg&auto=webp&s=646f57c29061287b169a099c4f47265a7c57d91f This is over a seven year span, buying and selling shares only. The first big drop was when I took profit to pay off student loans, but the rest was me freaking the fuck out and selling everything. Wonder where’d I’d be if I just VOO’ed and chilled 😎🤔
missed the biggest takeaway from his comment. don't seek returns. goal is to not lose money. even if he gave you a few companies to pick from, it'd be unwise to follow those picks because no one can predict the future. unless you have inside info. best bet is VOO, HYS and chill
Please don't just do VOO chill. Get some technology ETF. Pretty please. Tech and AI aren't going away. Ever.
Sure. If you are worried about diversification, I would diversify into more international stocks rather than gold. The international market is roughly 39% of the market. So, right now, you are basically placing a bet that the US stock market will continue to overperform by overweighting it in your portfolio. If you put all of your brokerage money in VOO, you will be more like 90% US. I would rather be 61% US 39% international and hold the market portfolio since I have no idea what portion of the market will perform best going forward.