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I’m looking to add another stock or two to my portfolio, any recommendations?
[Discussion] How will AI and Large Language Models affect retail trading and investing?
[Discussion] How will AI and Large Language Models Impact Trading and Investing?
Would it be a bad idea investing in the same investments in a Roth IRA and a regular brokerage account?
Is it ok to never have bonds if you start investing early?
Anything I should know about investing in Vanguard ETFs on Fidelity?
What would you all recommend for second year of IRA?
Let's go! For most, the best investment route is to just purchase a S&P500 index fund/ETF and hold on (*while adding to it often and extra when markets are in a down-cycle). Vanguard's VOO and VFINX have low expense ratios % and are great choices! VTI / VTSMX are also good (total market) options.
Let's go! For most, the best investment route is to just purchase a S&P500 index fund/ETF and hold on (*while adding to it often and extra when markets are in a down-cycle). Vanguard's VOO and VFINX have low expense ratios % and are great choices! VTI / VTSMX are also good (total market) options.
Let's go! For most, the best investment route is to just purchase a S&P500 index fund/ETF and hold on (*while adding to it often and extra when markets are in a down-cycle). Vanguard's VOO and VFINX have low expense ratios % and are great choices! VTI / VTSMX are also good (total market) options.
I hit $100,000 in Broad Market Index Funds (mostly VOO and VTI) this Jan
QQQ or VOO which one will you choose ?
Question about ETFs: What happens if the provider goes under as a business?
Wife's IRA has positions in high-expense ratio funds. Sell and buy VOO?
i want to start investing and i don't know where to begin
Looking to invest savings in VTX and VOO. What should I invest more in.
After watching Nvda go up up and up some more, i dove in at 600 a share. 🤔😳
What stock/suggestion have you gotten from this sub that actually WORKED?
As a whole this sub is overly negative on taking profits and building a cash position
What to do with $300,000 just sitting in my checking account?
What stocks(s) did y’all buy recently and when was it?
100% stocks is not universally good advice. Stock market indexes are not always the right benchmark for your performance.
Is FZIPX same as AVUV? Looking for Low ER small cap ETF
Is putting $50 into VOO every 2 weeks (for the next 20 years) a good or bad idea?
What index fund do I pick for my Roth IRA?
12m Emergency : 100% CD/Tbills vs ~25-75% VOO & rest in CD/Tbills?
Is it normal for the index funds to be weighted this heavily by mega caps?
Where to invest 10k leveraged from CC cash advance (5% fee)?
As a non-US resident is it worth getting Ireland-domiciled ETFs?
Advice for a 27 year old trying to leave the nest?????
Any advantage to buying VOO through Vanguard rather than Schwab?
What are y'all's plays on tomorrow's CPI news? Any calls being made?
Looking for long-term investment suggestions, 30yo • $1-2k / mo.
What is the difference between some EFTs like Vanguard S&P 500?
Mentions
Passive income is for later in life, when you want your capital to work for you to throw off cash monthly to live off of (at best 5-6% a year), any money you receive in cash will then be taxed by IRS so 3-4% a year left over. When young, you should try to grow your capital tax free, so I'd put it all in VOO/VGT 50/50 inside of a tax sheltered account like a 401K or if your job doesn't offer on ethen put it inside of a ROTH IRA account at any bank or brokerage, then buy VOO = sp500 and VGT or QQQM which are tech and growth centered ETFs, This way that 4500k (awesome job at 18!), will grow 15-18% a year on average and you leave it there until you need the money, hopefully at 65+ you are doing great , congrats
VOO is 1.1% YTD, not off to a good start for the VOO and chill crowd.
Legit VOO and chill until you are well above $100k.
No need for that. He’s been in office for a year. 2025 full year results for major indexes: VOO (US, 17.8%), VGK (Europe, 35.8%), VWO (World, 25.6%)
I’ve always been on team VOO (okay technically FXAIX but you get the idea)
Stop trying to trade, just invest int VOO. Join nursing school g
Bro. You fucking suck at this. Just dump it into VOO and call it a day.
Retards like you make me feel so proud making my 7% a year just investing in QQQM and VOO. I’ll be able to retire at 40 with the most simple investing “strategy” I.e, don’t be a retard.
And potential compounded gains if it was originally just put in VOO or VT
If you'd bought VOO 6 years ago and sat on it you'd have $400k today.
Your post history says you've been trading for nearly 7 years. If you'd taken that $140k and bought VOO in 2019 - actual shares, not options - you'd have $370k today. If you continued holding, you'd have roughly $1mil about a decade or so from now. Early retirement was easily possible if you'd done the smart thing.
Either approach is fine. VOO VUG, the mix of VTI VXUS. Even a little mag 7 one time buy and hold is ok. No real wrong answers. Just stay away dividends, penny stocks, bonds. And teach the kid to auto weekly VOO once he starts earning and to not panic sell. People focus too much on the “recipe”, when they should be focused on the behavior. I’m not mad when someone goes international exposure for diversification. I just worry they don’t do more auto because of over complication. There is nothing more powerful than having a simple symbol, VOO, and just working hard to increase the weekly. 35, cool see if we can do 40, 50, etc. this is how progress is made. Anything that helps you spend less and invest more = your friend. Anything that adds friction to increasing that auto = your enemy. Overthinking and worrying about the magic secret recipe = common friction.
just VOO n Chill next time lol
Put it all in VOO. Every paycheck add what you can and try to increase if you are comfortable, but don't go crazy to where you have to decrease next time so you are always maintaining or increasing. Then check yourself in with a gambling addiction support group.
1. Thank you, team black all the way lol. And watch Knight of the seven kingdoms if you haven't yet. 2. First: VOO and BTC are *not* available within 24 hours, it takes 1-3 days for ACH. But the real issue is when VOO drops 30-50% or BTC 50-90%. That's the risk of relying on market vehicles for emergencies. 3. You're right, it's not irresponsible to inquire. But it is irresponsible for your Plan A to be: "develop zero financial stability or money saving skills; rely on my *retired* parents if I lose my job". Falling back on parents should be like Plan C. * Don't get me wrong, it's great your parents would be there to help. It's great they're rich-ish enough to give you a good foundation: upbringing, education, starting money, etc. Don't squander that privilege by remaining so reliant on your parents as Plan A. * Lastly: I doubt you know for a fact that they have enough money (and have budgeted thusly, 10 years into their retirement) to take you in long term. People were out of work for *years* in 2008. Another recession, minor or major, *will* happen again, and you'll see 6+ bear markets in your lifetime. 4. By continuing to have one foot in the nest, IMO the harm to your emotional maturity/intelligence (and honestly your financial intelligence) will be greater than any gain you can achieve from an aggressive portfolio. Your 20s are the time to learn how to budget, how to not make stupid financial choices, or frankly how to *make* stupid choices and *learn* from them (this week there was a disaster of a thread on r/personalfinance where a guy who bought a new Mustang on $20/hr). 5. It's just a joke saying. You brushed past the EF and parental reliance (the whole point!) the same way this phrase ignores Abe getting shot.
Just bought some more VOO cause why not
Can we get back to ripping now? VOO ATH EOD
Now what would you suggest for my son's UTMA? Right now I only have $200ish (35/week to this) and allocated to VTI and VXUS. Add VOO too or swap?
Seriously, this sub is just a bunch of gambling. Had you simply bought VOO or similar over the last few years you’d be sitting on 200k+ right now.
1. sick name 2. VOO and some BTC could be cash in my bank account with in 24 hours, (I have other investments they just either arent as liquid or would incur penalties) 3. I dont think its irresponsible to inquire about and they are both retired and all their money is in CDs and bonds dont even own a house anymore 4. If I can be an afford to be as high risk high reward as I can ever be again in my life why not do it? 5. Im not following the Mrs Lincoln thing tbh
Accessing your money quickly isn’t the issue - it’s needing to sell that VOO when it’s down 30%. The entire purpose of an emergency fund is to avoid being forced to sell your other investments at a loss during a financial emergency.
Crazy that after years of evidence that gambling doesn't pay off long term you're still asking for advice on what gamble to make next. What you should do is get some help. Never trade an option again. I don't understand how you can keep justifying this to yourself. You are never going to "win" this back. You're obviously hard working from what I can tell from your door dash posts and you are doing yourself an extreme disservice to by gambling away money like this. There is literally nothing wrong with buying VOO and maybe some speculative fun stocks. If you need to see it as "outsmarting everyone else" you literally would be outsmarting half this sub.
Just money in a brokerage account in VOO then some in bitcoin (yes volatile) but I can access it all quickly
Nooo. Not in Roth. Real, growth oriented investing is meant for Roth. VOO QQQM VUG, even mag 7 that you hold personal convictions in. SGOV is what you use instead of HYSA or CD’s. For emergency funds or large known expenses (think dental work or roof repair or large known vacation). You spend from there.
Stop. Take a long break. In the mean time, start simply buying and holding SPY and VOO for a base. Never sell them until you need to.
Set up a standing order with VOO for 20-50% of your income now and never touch the trading app again until you retire.
I hear you man. And listen, this is no insult. No shade. I did the same thing as you: bought dividend plays. But then I learned better. I’m trying to help you along faster than I did. Read my old comments. It is the same stuff over and over. Spend less than you earn. Have emergency fund in SGOV. Buy VOO auto and weekly. Sell only when there is an urgent expense to pay for. Do that forever. I would prefer you do dividend over nothing. Sure. But you could do better. Keep the auto weekly. Just switch to VOO. Don’t sell your dividend plays. Watch how they behave compared to the VOO. You will get it with time.
Ehh its kinda rewarding and I like the idea of it (like APY on my HYSA). I am biased towards funds that provide dividends though and do have VOO on my UTMA account I set up for my son. That and VXUS I believe. Haven't bought into QQQ(M) yet but have researched a bit. Between my auto-investing deposits, including weekly into HYSA, I'm up to like $125/week. I'm more or less the sole provider for my family in expensive CT so don't want to overreach.
You already won by turning 40k into 500k in energy stocks. Now you're sitting on 100k in cash earning zero. Split it three ways. 40k into VOO 30k into energy ETF 30k into bonds. Keep adding 6k monthly to VOO. You don't need to get rich quick you already did. Just compound it now
Dividend investing at an early age is a common mistake. A sign of lack of financial knowledge. This is no insult. It is like ego lifting in the gym. We all go meathead, then later when you learn better we laugh at our young selves. Only three numbers matter, monthly income vs expenses vs monthly automatic investment. You’re already doing this with the weekly buy of your dividend play. You should switch the to VOO or QQQM. Sell only when there is an urgent expense to pay for (anything else is panic selling). The only thing worth bragging about is how high your weekly auto investment is. Be proud that you started at 10/week. Then be proud at how fast you get to 500+/week. You have the right mindset, you’re just incorrectly focused on dividends (at least that is what it sounds like). Best of luck!!
Why does everyone suggest VOO? It just keeps going up. Every time I buy something like that, that's when it goes down. Genuinely curious. Is it a above average bet to keep growing?
You know just dump that 100k into SPY or VOO two to three years ago and he would have sizable growth
During paradigm shifts, the investors who move earliest are the ones who will reap the biggest share of the profits. If we are indeed moving into a de-dollarized, ex-US global economy, those that pile into ex-US investments today are going to make the most money in the long term. It’s like investing in VOO back in 2010.
Buy ETF VOO about 80% and SCHD about 20%. This is more reliable portfolio.
How old are you? Why not just VOO or VTI? If you’re looking at individual stock, I’d go GOOGL, for 25%
Buddy I am grateful to have a 7 digit net worth and even I don't have the guts to touch options with a ten foot pole. Just VOO and chill.
Put into an index fund like VOO and stop gambling.
38 200k into a house that is now 400k. I got lucky there. Selling it soon to move into a smaller house. My actual investments are 40% Berkshire, 60% VOO. I'm also sitting on way too much cash
Buy ETF like VOO or QQQM. They are safer for beginner investors.
Try to make it grow by gambling lon options? If this dipshit put 100k in VOO or almost any other reliable ETF, he’d have 15+% gains each year. He isn’t investing. He’s gambling
I own a tiny bit of silver (less than $1000 worth) But I don't plan on selling it during a flash - "crash" Sure it sucks to lose a few percent - so what? If you believe in its value you either sell before it crashes or you wait to see if it rebounds. Those guys trying to sell at the peak might be glad their limit orders didn't get filled. When Chinese new years ends next week - it might just peak a little higher than jan 26-27th levels (I hate Ray dalio. He's a big china bull and not my type of investor. (I'm china perma-bear) But I read something he said about precious metals - general idea was everyone should own between 2-3% in silver and 4-5% in gold / or some.variation of that. I totally disregard his china stance, but I kind of agree with the idea that precious metals should be part of a portfolio - and ride the wave. I'm not looking to sell those. Just hold till I'm 60+ (similar to SPYM - not looking for liquidity - looking to hold for a long time) if I want liquidity I buy spy or VOO. For trading But investing I don't need 8x the liquidity I am not going to sell unless my wife gets cancer and my insurance refuses to pay for the meds
100k left completely untouched in VOO and no more contributions would have been $1.5 million in 25 years.
Yeah consolidate into VOO. But it's good place to start!
SPY or VOO. Dont listen to anyone else.
Being early and wrong are the same thing. The only reason it worked for Christian Bale is he had billions of other people’s money to pay to be wrong until he was right. You on the other hand should VOO and chill. Or iron condor it all back.
Time for VOO and chill my guy. Start with the $160
I was thinking exact! VOO and start re-stacking chips.
$160 of VOO lmaoooo but yes he should've quit he has never been positive
Can we do calls on VOO? I don't know how options work.
VOO with 100k be rich already lol
VOO with $160? Rich when?
Yes if you invest the $160 into VOO now then by the time you retire you'll be able to live stress free at age 73 for 11 minutes
almost all the hedge funds on wall street underperfom VOO each year. Despite having so many algorithms and ivy league PhD quants working for them
Now I understand why they say VOO and chill. Traded over 130k last year for 1k gain and barely betting SPY 🫠
If you’re 19 and already learned the “lose it all” lesson, you’re way ahead of most of this sub lol. Keep DCA’ing into that global ETF, maybe add a broad index like VOO or VT and treat it like a 5 to 10 year play, not a lotto ticket. If you want to scratch the degen itch, carve out like 5 to 10 percent of your portfolio as “casino money” and keep the rest boring. Surviving is the real W, not timing some miracle comeback.
Steak dinner, or VOO and stop this nonsense
Nah, never go full ape. I’m not some hard core believe of crypto… have about 1% of my money here. Otherwise I hold a bunch of other random stocks and VOO and etc.
AMZN is insanely cheap right now, otherwise just drop into a ETF like VOO or QQQ
Really depends on your risk appetite. Do you want 10% average return on that $7k, do you want to turn that $7k into $20k and are comfortable holding it through the highs and lows. I hate TSLA but that could combine with SpaceX and trade at a 100000x PE, you could be safe with VOO, you could diversify it, or IMO put it all in MDA (Canadian company). My current favorite play.
If this is taxable money might as well realize the loss and flip it into VOO or something similar. Who knows if it will go up or down from here… but at least you’ll get some losses to use during taxes
You’re chilling. VOO has lower expense ratio though
VOO and wait like 5 years
At 21? Invest in the VOO every check and call it a day! By the time you’re my age… well you will be richer than me
yes. I kind of wanted to get it out fast but here's maybe a slightly better version. Just as an example, say you have a defensive portfolio that's half a buncha pharma and staples and utilities and the other half in VOO or similar. On days where VOO is up 1%, your portfolio is only up 0.5%. But on days when VOO is **down** 1%, your portfolio is only down 0.5% We'll just say they're always correlated that way. Your portfolio always does 1/2 the swing of VOO in both direction. But you decide the portfolio is too defensive, and you just want to go 100% VOO. Since the market is up more days than it's down, over any decent amount of time, if you chart VOO and your portfolio on the same chart, not only is VOO outperforming, but its line is continuously diverging from your portfolio and its outperformance is getting steeper. So in that situation, the longer you wait to switch it all, the more you lose out on. I would agree that for volatile individual stocks, if you have a feel for them, and you think there might be a catalyst(s) there could be a benefit to either A) tranching or B) waiting for an opportunity where TSLA is up 10% on a day when VEQT is down 2%. Or both. Tranche, but jump all over that +10%/-2% day and over-tranche on that day.
Some basic broad ETFS (lots of holdings in lots of stuff, they're pretty diversified). VT: stands for Vanguard Total Market (Vanguard is the financial company that put together the ETF - they are well known for having very very low fund maintenance fees, which is a good thing). VT has both USA and International stocks - you're investing in companies all over the world. It's diversified in both sector (tech, industrial, financial, etc.) and geography. It has more USA stocks than you might expect, because the USA has such large financial markets. VT is what people get if they just want to be diversified as possible. VOO (Vanguard S&P 500 ETF) focuses on replicating the S&P 500 index: large-sized United States companies. It's like VT above, but only USA-based stocks (though of course many if not most of the companies invested in will be multi-nationals). It's what you want to buy if you want to be diversified, but also think that the USA is special and will out-perform the rest of the world. VOOG & VOOV are variations of VOO prioritizing companies with certain characteristics. If you look at their long-term performance, they do similarly but a little bit worse than VOO over the last 5 years. They could do a little better in the next 5 years, I dunno. VXUS (Vanguard Excluding United States) - it's like the VT & VOO in that it is a sector-diverse ETF. It's what you buy if you want diverse holdings but think the United States is going to perform worse than the rest of the world for the next few years (or however long you hold VXUS). Say, for example, you think Trump will be really bad for the USA stock market - you get this until you think things are going to get a lot better for the USA. You think this is a bad investment if you believe Trump is revitalizing America. General background advice: You should have an IRA account (Roth IRA, standard IRA, whatever - similar things). This is a tax-advantaged account with a limited amount you can contribute per year. Get one, usually a Roth IRA, and max out contributions each year. If you don't have one, you should be able to put in $14,500 right now (last year's maximum & this year's maximum contribution). You will get taxed on this investment account if you pull out the money before retirement (the same as a regular account), but if you keep it to retirement you can basically dodge taxes on your successful investments. A brokerage account will be similar, but allow you to invest as much as you want rather than a maximum amount per year. For the brokerage account especially (but also for the IRA if you pull out money early) you should be aware that there is a tax advantage to holding long-term investments. Investments that you buy and then sell in less than 12 months are taxed as regular income (like your salary). Investments that you buy and hold for more than 12 months are taxed as capital gains - a lower tax rate. So finding some good broad-based ETFs, sticking money in them & just letting that money sit there is a GREAT strategy for someone who doesn't have specialized investment knowledge. Fancier stuff, or picking specific stocks, is for when you have specialized investment or sector knowledge that you think gives you an advantage over just holding a broad index fund. Taxes are paid on gains only. If you invest 10k & it goes up to 12k & you then sell (only after you sell do the gains or losses become tax-relevant), then you owe taxes only on the 2k that you earned above your original investment. Losing money in an investment sucks, but does reduce taxes owed. Last, equities (meaning stocks) are highly resistant to inflation. If the value of the dollar goes down, that's okay. The falling value of the dollar means the value of those stocks will go up. This is another reason investments are so much better than simple savings accounts. (Real estate - your houses - work similarly.)
ok. I just created a Fidelity Broker account and transfered $10k over. I'm looking to buy VOO .....is this the right stock ? ->VOO (Vanguard S&P 500 ETF It's at $628/share currently. There's also VOOG and VOOV which has a slightly different description. Don't care if I lose $3k or so over coming months as I'm going to hold this longterm. thanks again!
I like MSFT, NVDA, and IBM. I don't know much about JPM. You could always keep them or sell half of them and start a ETF like VTI, VOO or whatever. Keep the ETF around 30% or more of your portfolio.
SCHD, VOO, QQQ and QQQI combo
There are no "safe" stocks. If you want to invest in equities with some degree of safety, you need to diversify in ETFs like VOO. If you are not maxxing out your 401k that should be the first place to invest. Tax-deferred investing options offer the best opportunities for wealth generation. But investing in a 401k still requires allocating funds. You can either invest for the long-term in stocks because it's the wise thing to do, or convince yourself that you know better. The "current state" of the market is actually quite bullish. SPX is less than 3% of its all-time high. Everything else you hear is noise.
You've lost about £3k. We lose that before breakfast around these parts. Chin up. Forget about it and move on. You're very young. VOO and chill for you
Wtf 17 and 34 mil invested and just losses you cant deduct. Honestly compared to market you both should have had 2 /4 mm in gains respectively i would dump the options and put it in VOO and let it ride,
Wtf 17 and 34 mil invested and just losses you cant deduct. Honestly compared to market you both should have had 2 /4 mm in gains respectively i would dump the options and put it in VOO and let it ride,
Top of "customer orders" on fidelity today is VOO with 94% buy. Everyone is sick of this fucking market lol
I think instead of acwi you should buy (( VOO or VONE) and VEA ). It would be less expense ratio and more customizable
Such as vxus? I’m sure there are bad companies internationally too. Or is the top X a good enough compromise?, in that case VOO and VEU would be good if small caps are more likely to be fraudulent
28. 61% US equities, 34% ex-US equities, 5% bonds. Balance is through a combo of TDF in 401k, VT in Roth IRA, and VOO + VXUS in brokerage.
Automated trucking is the future and Aurora is in the lead. I like Chris Urmson. He's been working on automated vehicles his entire career. A CEO with a real technical background rather than a just a CEO with rich parents. It's riskier than investing in VOO, but I feel really good about AUR. Chris Urmson has several ted talks and other presentations available on YouTube. Aurora was also featured in Obama's Netflix show "working: what we do all day." Disclaimer, I am a member of the r/aurstock and r/aurorainnovation echo chambers.
So you want a get rich quick scheme? Or do you want to stop the bleeding? Buy VOO+SGOV and put a set amount in every month.
VOO currently sits at the same price level as its OCT peak. If you can't beat the market yourself, then join it. On 1 year lookback, VOO Is up 11%. And on 5 year lookback it's up 75%. That doesn't include the \~1.1% dividend distribution either. I myself am more of an individual stock investor, though I hold some amount of VOO. The reality is you will spend very few days at your peak value of stocks, and overwhelmingly more days under peak - that's simply by definition. I have holdings dating as far back as 18 years - with gains in the tens, hundreds, thousands of percentage points. From my perspective, I'm always "up", I just might not be at the peak. And the markets go up and the markets go down all the time, it's just the nature of the beast.
Late 40s. 75% VTI/VOO, 15% VXUS/Fidelity Int’l Fund, 8% BND, 1% BTC, and 1% physical metals. Planning on working until 65 if I enjoy my job, but have the flexibility to FIRE sooner if I’m ready to call it a day.
Yeah this subreddit has lost its mind until 2029. VOO and chill
> Agreed 100% but bogleheads will argue for VT no matter how much it lags VOO. IIRC Bogle advocated for all S&P, not a global mix.
Agreed 100% but bogleheads will argue for VT no matter how much it lags VOO. They simply don’t get the idea that America’s productivity in technology is unmatchable. Their argument is that that’s “priced in,” which makes zero sense because big tech keeps outperforming year after year, even though that outperformance was supposedly priced in years ago.
Depends on your time horizon. If you're young (in your 20s) then you should buy and hold VOO, VTI, or other broad stock market index funds. Bonds aren't really ideal unless you're getting to retirement age and are focusing more on preservation rather than growth. If you need emergency cash you can always sell your investments.
28 90% VOO 10% VXUS Looking to increase international exposure this year
VOO and VXUS will be fine if you want low risk
If you can buy a house/apartment then you could consider doing that, it's basically what your parents meant when they were encouraging buying land. Gold investments are a thing but it's futures or bullion as others have said, not jewelery. Though I wouldn't personally because gold is extremely expensive right now. Generally gold is regarded as a hedge against inflation/volatility and until recently was not a winning strategy. Most people do a mix of savings and investments. Savings are important for emergencies, paying bills etc. But if you have too much money in a bank account it can be bad because it will lose value over time due to inflation. So what you can do instead is own stocks and bonds (could even be a broad market fund like VOO) which you expect to gain in value over time - maybe a lot and you'll be rich, maybe just a bit to beat out inflation, or you might even get unlucky and lose money. This is getting into risk tolerance which is a very personal decision but generally people with high risk tolerance and the fortitude to wait out market downturns are rewarded.
No idea. I’m 25 and I have 50% of my investments in brokerage I opened last week and I just sent 25% VOO 25% VOOG and 50% MSFT. The other 50% I dont manage directly. Seems to me like a safe play for someone with plenty of time, and MSFT is on sale. Guess it depends on ur goal. I bought 25k of MSFT this week, it could be down for months, but eventually it’ll go up and it’ll be fast imo
Keep VOO in the Roth, trade learning losses on [$HOOD](https://aimytrade.io/s/HOOD?utm_source=reddit&utm_medium=comment&utm_campaign=smallstreetbets&utm_term=HOOD&utm_content=variant_1771472655891_bfhr0a) until you actually know what you're doing.
52, retired. US 90%, 10% cash. Half in VOO.
Robinhood is very easy to use and learn on but be careful because it also makes it very easy to trade individual stocks, penny stocks, options, crypto, and betting markets. Don’t let yourself be suckered into the high risk and volatile things out there. You’re doing it exactly right. And if you put all your money into VOO and other ETFs instead of picking individual stocks you will probably come out ahead in the long run. Investing in individual stocks can be fun but it’s a slippery slope into the option degeneracy we all know and love lmao
Open a Fidelity account. Buy an automatic amount of VOO weekly. Work to increase that weekly auto amount. Sell only when you have an urgent bill to pay for. If you find you are unable to do these things, either no progress, or you panic sell, just hire a pro. There is no shame in it. I can’t cook, I pay for cooked food. No interest in learning to cook. Is what it is. The old ways won’t work anymore. Inflation is too pervasive. Our parents and grandparents didn’t have to participate and they would be alright. Old people will live off crackers. Modern Gen X and forward won’t lower standard of living.
This was basically my plan, buy VOO and short the meme stocks in their proportion. Just annoying to have to rebalance