VOO

InvestingNerd2020

Also, why are you talking about individual stock picking? That is horrible to tell investors, especially new ones. Too much volatility and too much technical information for them to process right out of the gate. Broad funds, Index mutual funds or index ETFS, are more stable and produce reliable growth over the long-term (10+years holding). VOO, VTI, or similar broad funds outperform individual stock pickers most of the time over a 10-year period with far less stress and time needed to research. Multiple studies have been done on this.

InvestingNerd2020

Incorrect. 2 people mentioned VOO, and one of those 2 mentioned VTI.

Forward-Surprise1192

One person said VOO and that’s it lol. This sub really is the blind leading the blind

Disheveled_Politico

Generally you aren’t going to beat the SP500 as a retail investor. You’re trading against people who do it professionally, algorithm trading, and you generally know less than the market.  At least for me personally, I put more into my account if I’m actively managing some of it. So I put a lot into VOO and VT because that’s objectively smarter. I put a smaller amount into Google and Amazon because they’re going nowhere and are great companies. And then yeah, I bought Take Two (the GTA stock) and the biotech stock SLS that’s been ascendent, and a couple of things that I think are going to happen.  But, the market knows that those stocks have potential. That’s already baked into the price. If GTA 6 gets delayed or the initial reviews aren’t stellar or whatever, the price will drop and if they can’t monetize it as well as predicted, it will drop, because it’s already predicted to be wildly successful.  And look, a lot of stocks still go up over time. Take Two (for example) would have beaten the SP500-based VOO over the last 10 years, but would have been beaten badly just over the last 5. You’re taking on a much greater risk even with companies that keep growing, because they might not grow as fast as the rest of the market and it’s impossible to time. And whereas if a company as part of an ETF drops, you’re somewhat protected by rebalancing, but if that’s your stock you either sell at a loss or lose years of compounding as you wait for it to rebound. 

SheriffBartholomew

Idk why people are downvoting you for a question that people here usually love answering. At a minimum put it in a HYSA. Realistically the safest hands-off plan is to put like 20% of your earnings into an index fund and leave it there. VOO, VTI, or whatever. Good luck!

ixvst01

Depends on the number of outstanding shares, market cap, volume of trading on a given day. For large ETFs with high daily volumes like VOO or QQQ, you could probably put it a buy/sell order in the tens of millions before meaningfully affecting the bid/ask price. For low volume ETFs or penny stocks, a buy/sell order of $10,000 could struggle to get filled and that would push the bid/ask up or down, hence moving the stock.

MattieShoes

You can go to, say, yahoo charts, and look at GSPC, plot it against VOO. Seems like an artifact of closing/opening. prices dropped sharply right at closing so VOO likely underperformed by about the same amount yesterday, all in the last minute or two of trading.

fudge_mokey

Sure, the weights are the same, but how many people trade options on VOO compared to SPY? I think there is some value in having it correspond directly to 1/10th of the index.

Downtown_Anxiety_466

Invest in yourself. It will compound knowledge and your value. Something no one can take from you! If you want start a small part into something like VOO or similar.

wasitonlyadream

Take 25% for high risk plays and put 75% into VOO.

fudge_mokey

> but its not, its a proxy for the index Not just that, it's meant to track SPX at approximately 1/10th the value of the index. So, if SPX is at 8000 then SPY should be 800. Just clarifying that there are other ETFs that track SPX like say VOO, but SPY is unique (as far as I know) in that it's meant to trade at 1/10th the value of the SPX.

AnotherThroneAway

ELI5 version: SPY and VOO and other funds are supposed to track their indexes in the short term (and long term) but need to be rebalanced, which means the size of each company inside the fund needs to be slightly increased or slightly reduced. For most, that happens daily. But during the day, people are free to buy or sell them at whatever price market makers are setting between (and based on) the bid and ask price. Any time something is freely traded, the price will move up or down with supply and demand. (ex: GOOG vs GOOGL are functionally the same, but often have different prices because no market is perfectly efficient) When they are rebalanced, however, the price may change a bit to reflect the actual prices of the individual companies inside. Also, some funds don't try to EXACTLY follow their index—they are designed to approximate the underlying asset (thing of value).

PostNutJuiccee

My moves for tomorrow is to let my money sit in VOO for the next 20 years lol yall are crazy

Financial_Fan1763

ETFs is the best picks. Basket of companies and don’t need to guess who will win 🥇. SPY VOO SMH SOXX you can’t miss. Actually best guidance is look for an old video of the market in Wall Street you will actually see what tickers survived and I bet you will see in any video before 2008 or older SPY and SMH for Sure….

SomePolack

MU, VOO, and chill

PostNutJuiccee

Am I restarted if I don’t understand how someone is capable of losing this much money putting that in VOO for the next 20 years would have bought a lot of grilled cheeses https://preview.redd.it/eo76qat8jaah1.jpeg?width=1179&format=pjpg&auto=webp&s=2d69b3eb176c22eec30a1b729df4c9bfc04a8be9

PulIthEld

I am in VOO -> Semis just go up 10% every day I buy Semis -> WW3 starts, Every company is sued by the US Government, China invents algorithm breakthrough, -10% every hour i hold I sell Semis -> Instant V

user4443337

and IVV is +1.92% for some reason, VOO, SPY, SPYM are 1.6-1.66% ES1! is only 0.15% higher than SPX but they’re still only 1.18-1.33% I don’t understand

c-u-in-da-ballpit

The meh 493 absorb the rotation out of the moments of euphoria (today). Just look at RSP vs VOO over the year.

orcassharks

It’s not worth it man. Just DCA into VOO and QQQ and your mental health and life infinitely gets better.

Keiigo

So my friend has a financial advisor. He let the guy actively manage a $60k account since 2017. It’s only at $100k now. If the advisor just put half into QQQ and half into VOO and just The account would be at 300k. Fire him.

Restil

Because the ETF is its own security, made up of a collection of securities that (in this case) mirror the index. However, the ETF's price isn't set by the index, but by the market trades of the ETF itself. In theory it should follow the index closely and should correct if it gets too far away from it in either direction, but in the short term, individual trades can shift the values a bit. Also, SPY and VOO pay different dividend yields. If those dividends are paid out or reinvested will change the value of the ETF without affecting the value of the underlying securities. Therefore those dividends will also be "priced in" and affect the value of the ETF.

boondocksaint07

Story time, because I also got a late start, but stuck to the fundamentals, and this year was the first time it really hit me on the progress I have made so far. My wife and I graduated in 2008. We did not know it at the time, but the great recession was about to kick in. My internship failed to materialize into a full time postion when they began letting people go at a company I was planning to work at out of college. My wife, still my fiancée, also lost her job. We both ended up getting jobs in the restaurant business, and a year and a half later, got married. We have virtually no savings, but we were renting a nice 2/2 for a reasonable price at the time. I remember sitting down and really talking about our future. We decided our top priority was to pay off our student debt, save for a home, and then consider our career options. And that is what we did; there were no fintech or apps around that time, so investing seemed so daunting, not to mention we had so much school debt, so we just put it off. I ended up getting what I thought was going to be a temporary job in a niche education field. After 3 months, they offered me a full time postion, were a growing company, and had health insurance and a 401K. At first, I did not even put in the maximum allowed contributions for a match, as we were laser-focused on saving for a home and paying off debt. Not the worst decision, but I do wish I had looking back now. About a year later, we had saved enough for a home (at the time, there was a USDA loan program that was super helpful). Another year, we had our first kid, and a year after that, we had paid off most of our student debt. I had already received a few promotions, and my wife had gone back to school and was now in a training program for a government job, nothing big, but came with better health insurance. At some point, I did end up raising my 401k contributions to get the full match. And while the match was only 3% at the time, profit sharing kicked in after 5 years of service, so I started getting a decent bump into the 401k. But still, we were now in our early 30s, just a little younger than you are now, and had less than 15k invested. It was right around this time that I really started learning about investing. I opened up a Robinhood account (I remember they gave free shares away, and I actually got a share of Microsoft) and quickly learned that index investing was the way to go. Shortly afterwards, other large brokerages began offering free trades, so I switched out of Robinhood, opened up a Roth IRA, and just started investing in a target date index and VOO. My wife was also aggressively investing in her Roth IRA, and had a great government pension. She moved up fairly quickly, so all the extra money we were not making went into the retirement accounts and a saving accout. Right before the pandemic, we sold our starter home and moved into a bigger forever home. We both weathered the pandemic ok, and afterward, I was made director of my department. While my pay was ok, I had been there for nearly 15 years, and had a decent benefits package, it was hard for me to look at different careers, so I just kept doing what I did, not really thinking about my 401k and Roth IRAs. While I would check in on them individually, I never really paid much attention to them. Fast forward to the middle of last year right before my 40th. My boss was retiring, and I really wanted the job. I had a great recommendation from my boss and thought I was a shoo-in. However, it ended up going to a family member of one of the owners. It really hurt; I was heartbroken, this field was such a niche field that I could not think of a way out, but I did not want to stay there anymore. However, I was a bit surprised when my new boss called me in and talked to me about the situation; she knew I had applied for the job and was looking to leave. She said she would do her best to be a good boss and learn the ropes. On top of that, she helped me get a much-needed spot filled for my department and turned a part-time position into a full-time position. Because I was overseeing another individual, I got a small raise as well. After a few weeks, I was still feeling pretty bad about how everything went down. I could not fault my new boss for taking the position, but I wanted to see where I was at with everything and what I should start preparing for in case I wanted to leave. So I logged onto all the accounts, including my wife's, and added them all together. I remember double-checking everything and calling my wife over. In the span of less than 10 years, we went from having less than 15 k saved to now having almost 1 million between all the accounts. My 401k 3% match had grown as I had gotten raises, and the profit sharing had also gone up. While we had only just started maxing our Roth IRA's a few years before, they too had seen a good return. My wife's pension was hard to gauge, but we could at least estimate what she would earn or take with her should she leave her job. I say all this because I am a case study in slow and steady investing. I had a lower-than-average salary in my early 30's but stuck with it. While now my wife and I make a good combined household income, the money that has done the most work for us was the money we invested early on. So keep at it, don't let the market noise (or Reddit) scare you from a solid index investing strategy. Lastly, we still had money for fun things. We did one summer trip a year with the family (now we have 2 kids). We both took off time around Christmas and did a staycations. My wife and I would keep our date nights simple, but fun, and while we just had our first big trip ever, a trip to Europe, investing never felt like it held us back from enjoying life now. TLDR, I wish we had started earlier as well, but consistency and discipline will pay off.

PsychologicalEmu9096

Three years is a tricky horizon — long enough that you want growth, short enough that you can’t afford to ride out a 40% drawdown. A few thoughts: First, make sure you have 2-3 months of expenses in a high-yield savings account (you can get \~4.5% APY right now) before you invest anything — that’s your cushion so you never need to sell investments early. Second, for the money you actually want to invest, a Roth IRA is the single best move at 18 because your tax rate is low now and every dollar grows tax-free forever. Max it out if you can ($7,000/year). Third, keep it simple — VOO or VTI and don’t look at it. At 18 you have the biggest investing advantage there is: time. The three-year window is just the beginning. Don’t try to pick stocks or time the market when you’re still building the foundation.

PsychologicalEmu9096

A few mechanics can cause this on any given day. First, dividend reinvestment timing — the S&P 500 index assumes dividends are reinvested instantaneously and frictionlessly, but the actual ETF holds cash briefly before reinvesting, which can create a tiny positive or negative drag depending on what the market does in that window. Second, securities lending — VOO and SPY lend out shares to short sellers and earn income on that, which the theoretical index doesn’t capture. On days where lending income is distributed or accrued, the ETF can technically nudge ahead. Third, intraday pricing — the S&P 500 ‘return’ is calculated close-to-close, but ETFs trade live, so you get different numbers depending on exactly when you’re measuring. Fourth, index rebalancing — when the S&P adds or removes a stock, the index assumes it happens at the exact close price. Real ETFs have to trade in the market, sometimes getting slightly better fills. Any of these can create a day or two of apparent outperformance before fees drag it back below.

H3nl076

Anyone know why VOO and SPY are up so much more than SPX today?

IronyElSupremo

The index ETFs copy their underlying indexes but it’ll never be perfect .. hence the tracking error %. Iirc it is State Street’s SPY etf that really tracks well which is why traders use it, but it’s “expensive” with a 0.09% expense ratio (er) that many passive investors try to avoid as it accumulates over time. Long term investors can use their SPYM (also S&P 500) at 0.02% er or Vanguard’s VOO, iShares IVV at 0.03% er for longer term “buy and forget” long term investing.

Fantastic_Union3100

This is the right answer. SPY/VOO closed much lower than SP500 index last Friday. Today's price action shows the gap-up from the lower closing last Friday.

SnS2500

Scroll down to "Premium/Discount". The VOO NAV ended Friday at a .46% discount. [https://investor.vanguard.com/investment-products/etfs/profile/voo](https://investor.vanguard.com/investment-products/etfs/profile/voo) IVV was at a .79% discount. [https://www.ishares.com/us/products/239726/ishares-core-sp-500-etf#keyFundFacts](https://www.ishares.com/us/products/239726/ishares-core-sp-500-etf#keyFundFacts) The ETFs are just catching up today with the NAV.

wiperfromwarren

get a robinhood account. get a paypal account. put half into VOO on robinhood. put the other half either in the paypal coin (4% interest) or their savings account (3.4%). all remains “liquid”, robinhood you can get in 1-2 days, paypal instantly.

Munkeyman18290

Maybe half education, but definitely the other half in low cost index funds. The long term answer to success and wealth building - especially in America - is not hard work, but ownership of other peoples hard work. Op is 16 now, and I suspect the job market 20 - 30 years from now might be so wildly different, that just investing in skills that are rapidly being made obsolete just isnt the answer anymore. When 90% of jobs left in this country are retail, hospitality, and blue collar, you dont want to be caught without some level of ownership in value production. OP open an account, throw as much as you can in an S&P index fund, and forget about it til youre old. Might I suggest "VOO", but there are others.

wchamilton

The obsession with VOO is a study for sure. There are so many great mutual funds out there.

Specialist_Talk6

Can I ask why 3 years? At your age, saving for retirement is a superpower. Since you have so much time for compound growth, I’d suggest opening a Roth IRA (a post tax retirement account) and investing in a good index fund (either VOO for S&P 500 or VT for total global stock market).

90403scompany

Also VOO had it's [record date for its quarterly distribution](https://investor.vanguard.com/investment-products/etfs/profile/voo#distributions) on Friday. SPY had its [record date for its quarterly distribution](https://www.ssga.com/us/en/intermediary/resources/documents/etf-dividend-distributions) on June 18.

justin107d

Their holdings are slightly different. VOO holds roughly 505 shares and SPY holds roughly 503 shares. They don't necessarily readjust holding right away either.

Dstein99

VOO and SPY aren’t the S&P 500, they are etfs administered by Vanguard and State Street that attempt to mirror the performance of the S&P 500. For example, SPY owns 7.36% NVDA and VOO owns 7.89% NVDA. If NVDA outperforms the other 499 companies VOO would have a slightly better performance than SPY. Repeat this 499 times. This normally balances out over a large sample, but the funds will tell you in their prospectus that there is a risk that they may not exactly match the performance of the target index.

tang-tw

At least you realized you needed to start investing at 33, I didn't start investing in VOO until I was 37.

xx123234

Over the past year VOO + 20% MAGS +12.5%

spilledonwhite

Anybody notice that SPY, VOO, SPYM, IVV are all showing +0.50% higher than the actual S&P500 all morning?? Is the market broken? What gives?

JohnDLG

This topic has already been hashed out. Go VOO instead of VTI.

Bats490

Mb for the dip full ported VOO

Lucky-Ambassador8285

VOO and chill?

AnnO55783

this is worth paying attention to if you hold an S&P 500 ETF. the top 7 names now account for a large enough share that owning VOO or SPY is less diversified than it was 10 years ago. I supplement with a small allocation to a broader total-market fund and a developed-international index to avoid having two-thirds of my equity exposure in eight companies.

Mrsir300

VOO and chill 🥶

lightning_whirler

People here kidding themselves that they can consistently beat the S&P 500. Meanwhile the ultimate boomer stock...VOO...is up 18% over the past year.

Daddyfullload

Ignore the 3% for a moment. Would you rather put a quarter mil in VOO with Fidelity.. Or a quarter mil in VOO with Robinhood.

Dirker27

Interface is leagues above even the more professional suites like IBKR. All my real money is in the normal boring places. My Robinhood is for shit-trading and browsing how VOO/BTC/Whatev is doing this quarter before moving things around elsewhere.

Buck169

VOO/SWPPX? S&P 500 isn't fast-tracking SpazX. They deserve credit for not lowering their standards. I'm planning to switch (like this week) to some mix of those, VYM and SCHD to avoid fElon's scam, at least in my retirement accounts where I won't immediately pay a big capital gains tax to sell the target date funds. I'll probably grit my teeth and leave things in my taxable brokerage accounts alone. A fair amount of those funds are already in SWPPX and SCHD anyway.

McBeers

That's not what OP asked for though. He said specifically SPCX or AI IPOs not "any overvalued corporations". There are plenty of funds that don't have what he's asking about (at least for now) but certainly wouldn't be active investing. For instance, S&P500 tracking funds (SPY,VOO,IVV) won't have it until seasoning and profitability requirements are met in a year. If he dumped things like QQQ that enabled Elon's BS and switched to SPY, he'd actually be more broadly invested and less active.

ImpossibleEbb6862

I just use it to buy VOO, manage my IRA, and invest in an HYSA. I don’t care about front running.

LogDog987

Im just parking money in VOO. If it gets to the point where that is an issue, I feel like we have bigger problems

CameUpMilhouse

Because they matched my IRA and Roth IRA account transfers at 3% uncapped, giving me $11k of free cash which I dumped into VOO and VTI. I'm locked in with them for 5 years or so. I'm not gambling with the money and just leaving it alone until the period is over.

yayaya888

Sold it all putting 200 into VOO, t notes, and looking into more to diversify. No gold or 🌽

Mr_Chrumb

Couldn't we read this as a question of the best indexes for benchmarking? S&P500 (VOO), ACWX ISHARES MSCI ACWI EX U.S. ETF, IWF ISHARES RUSSELL 1000 GROWTH ETF... I'm thinking some sort of simple basket of 3 or 4 indexes might provide great return, with little overhead. I'll reference the Bogleheads - they think about these things a lot: [Three-fund portfolio - Bogleheads](https://www.bogleheads.org/wiki/Three-fund_portfolio)

P1xelEnthusiast

You guys know that you are all capable of becoming millionaires by playing on this "super obvious manipulation" that you all so very clearly and transparently see right? Or maybe, just maybe, you all have zero skill at any of this and might as well literally work at Wendy's. "Wendy's and VOO" should be the only strategy I read about here.

Mr_Chrumb

Congratulations - you have a plan and are working it. You pretty much know you will make money - and are putting in the hard work to make it happen. Respect! Are you asking how to check it against an alternative investment? Like a number of other folks have suggested - the S&P500 is a good and challenging benchmark to check your investment returns against. Over the last 10 years returns have average over 13% (data taken from VOO 15.9%). Which means on a ten year hold $10k becomes \~$44k - scale to whatever your initial investment totaled to. If you look at this and say WHAT?! You are not alone - and really - beating the S&P consistently is a challenge indeed. But investing in things that are different and grow at another rate are completely reasonable (as the 11 core sectors of the economy account for). The best porfolios are designed with your goals in mind. Good luck on the build - and your other investment efforts!

justdrowsin

I'm probably over twice your age and I have a very strong opinion on this. I've been through all and I know my mistakes as I near retirement. The answer is to stop thinking about it. Put your money in the damn market. Doesn't matter what brokerage account don't pick stocks just throw it into VOO or QQQ. Every time the market. Never sell. (other than for your intended purpose like retiring or buying a house). Just put your money in the damn market and stop thinking about it.

teh-tini-ninji

What do you mean it tanked 20 percent because of gold price and they had some bullshit happen, then they just discovered a bunch of gold they didn't know was there. I do own some VOO but I can see this going back to 45 by the end of the year 

LogNo7143

If you're losing 250k in a month, you need to diversify. Honestly, with a mill liquid, you should be taking very little risk and using efts to make sector bets. Even just VOO and chill would get you $100k/per year on average, and possibly much better if you can wait until a pull back.

Loose_Hornet4126

I've never seen a more boring stock. Why not just buy VOO? You should have just bought some qqq/semis

Beautiful_Benefit319

VOO. And you cannot time the market. No one can.

Romulvs_949

Hey everyone, I am just starting out in putting my money in the market. I opened a Schwab account, of which the one with most of my capital is in a Schwab Intelligent Portfolio and another brokerage account is with 10% of my capital that I choose to put in some individual stocks. My question is if I should take my cash out of the intelligent portfolio and spread it between 2-3 different ETF’s that have been mentioned through Reddit and if so, which ones? And can you help me understand why it may be better? I hear others saying to put it in one ETF like VOO, etc, but my thinking is what if that ETF goes to shit and my entire capital was in it? Perhaps I am just not understanding completely, but it is a thought of mine. Also a little background about me, I am 26 M and a full time real estate investor and have been for the last 7 years. Things have been taking off for me in the last year and a half and started consistently saving around $60-$70k a year and am on track to do the same this year. I had all my funds in a savings account but now how most in the market besides 7-10k I keep in the savings for liquidity. I want to keep putting my funds in the market and will continue to grow it, but at the same time making sure I am able to easily access it in case of purchasing new property.  I have also opened a Roth IRA recently, but have not input any funds into it as of yet.  Link of current portfolio - [https://imgur.com/a/stocks-ALFE9kT](https://imgur.com/a/stocks-ALFE9kT) * How old are you? What country do you live in? - **26, U.S (Southern California)** * Are you employed/making income? How much? - **Self employed, 150k+** * What are your objectives with this money? (Buy a house? Retirement savings?) - **Retirement and to just have my money working and getting better interest than a savings account. Funds will be used for retirement and at times used to purchase real estate when needed.** * What is your time horizon? Do you need this money next month? Next 20yrs? - **would be 20+ yrs, but also when needed for other investments.** * What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) - **I am okay with risking 10% of holdings with the intention of using any profits gained to continue risking, but the remaining 90% I want safe.** * What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) - **Have most assets in real estate. about 500k in equity.** * Any big debts (include interest rate) or expenses? - **Credit card debt and student loans, but credit card debt is being paid down with no more usage.**

lhbruen

Question - what do you do with your gains? I've been using mine to buy long term ETFs like VXUS, SCHD, VOO and some growth stocks. I have others, but I didn't want to write out a list 😅

ChokaMoka1

VOO and chill as much as you can: Roth, IRÁ, Brokerage. 

RopPopPop

u/Historical\_Edge\_3325 https://www.reddit.com/r/wallstreetbets/s/FCuTZX4ZzP He is your guy. I have no plays in the near future. Nothing excites me at the moment for playing any of the earnings in the next 3 weeks. Might be time for me to cash out the chips at the casino and join r/ValueInvesting and go full VOO

Ohlele

The good thing about owning VOO is that you don't need to worry about sector rotation.

obfuscatedanon

Inverse VOO strat

Admirable_Tale4739

Thoughts on MBLY- My guess is, a brand new car is the worst investment the average person can make. In today's economy, a new car runs you $50k+ minimum. It doesnt matter how old you are, everyone is prioritizing investments and stocks these days. What do people say about car payments? My guess is, automakers will stay with MBLY for low cost tech in their cars, but the demand will go down because who wants a big car payment in today's economy? If tech/AI continues to grow, which it will, the average consumer will not be able to afford a brand new car at all. I appreciate the research, but it's only a half step further from half of these mindless goons posting their favorite tickers all over Reddit. It's the reason I am +9.5% growth momth over month compared to VOO's -3.5% growth or other mutuals. Ahead of May's job report, ahead of Japan inflation data, ahead of Warsh expectation, and ahead of Russell reconstitution. I am not an insider or part of some big institution. Use common sense brother and you'll see similar growth. Excited for July results.

Ohlele

What will happen to my VOO tomorrow?

First-Finger4664

I think individual stock picking is a fun and intellectually stimulating exercise, but it is something I do only with money I can afford to lose. The real wealth-building engine in our family’s accounts is a retirement fund with monthly allocations to passive indexes. Diversified index ETFs are unlikely to give you the >100% yearly returns of a lucky tech stock, but they minimize idiosyncratic risk and maximize your probability of a superior risk-adjusted return. Your net worth is significant enough that you can arguably take on more risk and accept a longer-term investment horizon (assume you haven’t scaled your cost of living up to match your impressive savings), but that is arguably also done optimally via boring passive ETFs, just tilted toward more risk (eg heaviler concentration toward VGT or VOO, or even a mildly levered fund like SSO if you have the willpower to ignore drawdowns and continue contributing them). I think the main reason to hand over your investment decisions to another person is self-knowledge that you will be compelled to trade emotionally. If that is the case, find a reasonably priced financial advisor or wealth fund manager and pay them to invest for you. But otherwise- it’s awesome that you’ve been so fortunate, and I would suggest taking your winnings from idiosyncratic risk investments and diversifying to mitigate future risk.

theNeumannArchitect

I don't day trade options. I wheel out weeklies. I got really lucky with NBIS in october. Got assigned 200 shares at $115. I just finally got assigned one of my CCs last week to lock in more than 250% return. Still have 100 shares left that I'm getting about $500 every week in premiums. Between the premiums and the underlying that \~25k is now worth \~90k. My allocation is 50% target retirement funds, 40% VOO, and then 10% individual picks. The CSPs I sold on NBIS were with margin. I've moved the profit straight to VOO and am now wheeling ASTS. I also dca'ed into btc 4 years ago till I had a full one with an average cost of 22.5k then sold at 95k last year and moved it all to VOO. I'm not going to prove this. I don't care if you believe me. But yes, fortunately I've had 6 figure returns on my 45k over the last 4 years. I tried day trading for 6 months last year. Tried turning $1000 into $2000 trading premarket and first hour of market open. Was still at $1000 after 6 months and decided it wasn't for me. But I learned a lot about risk management during that time. And using a strategy where you need a 60%+ win rate to be profitable is setting yourself up for failure. BTC was a 5% account allocation. The risk was very low with a long time horizon. NBIS was even less allocation. This guy doesn't know what he's talking about. He's being really loud cause he's on a winning streak. 30 days ago he was negative 30% lol like....... that's not risk management. You should never be exposed to having your account 30% negative in a single trade. Period. Don't care what mental gymnastics people want to do. His excuse was "That was a friday setup for a potentially big return." Ok man........ sure.

Successful-Tea-5733

The primary counterpoint is that MSFT is already a large component of VOO and QQQ so if you own this indexes you already have sizeable exposure to MSFT. I bought ADBE for the same logic but also they are not a large component of thise indexes. 

TehWildMan_

Believe it or not, VOO puts

Temporary_Health5192

What I would suggest is take it out and put it on VOO AND SCHD and let it run by it self, and put 500 per month for 15 years.

WetLumpyDough

You could put it in VOO and very likely beat that interest rate

Ohlele

I am selling all my individual stocks next week and buying VOO next week. Really sick of the chaotic stock market created by this guy. American values are beyond fucked at this point.

PraetorianFury

https://www.google.com/finance/beta/quote/VOO:NYSEARCA The cheapest and safest ETF possible. Pretty much equivalent to "the US economy". Much better returns than a HYSA of you're willing to tolerate ups and downs.

IronerOfEntropy

I finally have some disposable, VOO what?

Key_Category_8531

Recent news has not be good with top AI researchers leaving. Other tech stocks are down as well and the index is doing bad. QQQ is eating shit and VOO no where close to all time highs. So the market is just bad now

Pitiful_Fail4872

Trading with 6 figures just makes you a degenerate gambler. Nothing more. VOO and chill my dude.

Practical_Ad_4453

Yes it does. VOO losr rougly .65% on its assets and owe .3% cash to its shareholders as of day before ex date

KMPItXHnKKItZ

Yes, one thing that I and many others have seen on the stock market is something that can be attributed to a quote by Warren Buffett, that it is somewhere that money is transferred from the impatient to the patient. Basically what that means is that you have to stick with it for a long time to see real returns, since money doesn't just come from nowhere, it has to come from somewhere, that is, a lot of hard work over your life and investing into it to see the return on it, there's really no way for the average person to cheat like Wall Street insiders can.  Yes, you can make money on the short term by day trading or swing trading, but it is highly speculative and risky, and you will most likely just end up losing money in the long run anyway compared just to buying and holding for life.  The biggest hurdle that a lot of folks have that they can't jump over with the stock market is patience. A lot of people don't wanna wait to make a serious amount of money, they want it tomorrow, and that's where most people fail. But once you can get past that and just buy and hold and ignore anything else, you will start to see a real returns on your money. For example, when I started out with the market, all that I was doing was daytrading options last year and I made a quick $800 in just a week, but then I quickly lost all of that plus another $800 a month or two later. I stopped doing that and started only doing smart and safe long-term investing last September, and now my position is already up $2000, if I had tried to trade for that money, I likely would've just lost another couple thousand dollars and been miserable.  But the key thing here is to invest in the broad market indexes, not individual stocks. It's true that you can make more money and faster with individual stocks, but imagine if you dumped all of your money into something like SoFi or Target and they crashed, traded flat for five years, and then took another five years to recover, you would not be doing good, whereas if you had just put it into a broad market fund, like SPY, VOO, etc., Then the other 500 stocks that are in those funds would prevent that kind of loss/flatness from happening because when one stock in a fund is doing badly, that doesn't necessarily mean that the others are too, oftener than not that will be the case where other stocks in the fund will keep it going up even when others are trading flat or something.

Templar_Swamp_Stake

If you’re gonna stress over 17 bucks sell it now and buy VOO or something. That stock is very volatile (and the company sucks).

ybotpowered

Exactly VOO is how I got my account back into the green after I played with options five years ago and lost about $4000 on option.

PraetorianFury

If ~$9000 is your life savings, you're probably young. You have plenty of time to make it back. Please learn from this. You've got decades to get rich. VOO returned 20+% over the last year. It returns over 10% on average over 30 years. You don't need a lotto ticket. You need discipline and patience.

hecarimstevejobs

$TTD this year.. sold out of all of my $VOO thinking I was catching a good bottom on it, but it just keeps on dipping.. Got hit with -50% in the first 6 months of this year. To make it all worse it’s in my ROTH too so can’t really add more to average down. Cost basis is $40 so needs about little more than a 100% move from here just for me to break even. Wish I just kept my brain turned off and kept on with $VOO, but we live and we learn am I right..

boomstar15

Why even bother? Just buy SPY/VOO and hold? If you're in the red after 15-20 years, you wont even feel bad because everyone around you will be in the red with their 401k.

Waste_Island_7980

You put six figures in and consistently lost. You did have a one or two big wins but by that time you're only breaking even. Anyways maybe don't invest 100k Like that. If you just put it in QQQ or VOO or SPY or whatever ETF you wanted you'd make a good bit of change in 10 years or if you just put 50% in ETF and indexes than 30% in single stocks you think are going to go up or give dividends than spend the rest on options you still would have probably been in the green after a few years. anyways. Sell you're food stamps and put it on 0DTE calls.

DoctorNezuko

Trust me, I know. I am a supporter of factor investing. But I think this thread was about VOO over VOOG? I support AVLC over VOO any day. I support DFIV over VXUS similarly.

NectarineNegative769

Sure he lost everything and shout have adjusted strategy. But he took a shot. VOO would pay 1k per year in dividends for 100k in a "safe" ETF. Wtf can you do with 1k per year?

aberholla20

Sell all put it into VOO and never have to work again 🤷🏼‍♂️

GroundbreakingTip393

That’s not how VOO works

14PESO

That looks wild just VOO and chill enjoy the World Cup

jagcali42

Sold all my stock assets for a down in late 2020. House is about break even nearly 6 years in. If I had let it ride on VOO would have over doubled my investment. But ya know, I can hang art on my walls.

kendogg

Yup. I've had a couple moon shots (Intel most notably, up ~500% or more currently), and Hood I just sold for a ~45% gain. I'm slowly selling stuff thts up 20% or more and moving that money to VOO. I do have a decent SGOV/GOVT balance though as well.

holdingupcardboard

VOO/SPY have been meme stocks for a while now. A massive portion of the us population are permabull without even knowing it due to retirement accounts. And plenty others buy it in their taxable account at every opportunity and refuse to buy anything else.

blkveil

VOO & Freak the Fuck Out — Warren Buffet

TacticalcalCactus

The fact that their PE is almost half of Walmart with their main growth drivers up dozens of percent with over half a trillion in legally locked in backlog id say its about as safe as it gets. Half the PE of QQQ and even lower than VOO with better profit growth. Maybe you can say buying at 500 was strained but the 350 range is very much a bargain.

Junior_Barracuda_245

I’m about to start investing significantly more and looking for any tips. I’ve been putting almost all my extra income into paying off my mortgage as fast as possible, but want to increase my contributions towards investing. Loan rate = 6.125% and I’m hoping I can do better than that with a few etfs. I’ve been doing about $100 per month for less than a year. Would like to increase to $500 per month. I don’t really know what I’m doing, but plan on avoiding stocks (have VOO, QQQ, SCHD) and just making consistent contributions without panic selling. Is having just those few for example relatively safe? What picks do y’all have? Have you observed >6% growth from those over extended periods (want some assurance this is a smart plan rather than putting all my extra income into the guaranteed rate I pay on mortgage)? I’ve only got like 6 months and $600 history, but estimated growth is already VOO 6.3%, SCHD 12.0%, and QQQ 14.0%. I’ve kinda just randomly contributed so perhaps I accidentally timed a couple of those well idk, but 6 months history is a good sign so far and hoping y’all actually see high rates over longer periods.

jbizzle1104

If you moved all your VOO into WEN it would’ve gone up