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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
It's a SOUP kitchen cos most of those poor bastards have minimal teeth. I think many people have to get fucked in the markets to truly appreciate the beauty of VOO and its in-built sector rotation. Most who do well with speculative trading endeavours start with serious money maybe from family, maybe from winding up a real business. Almost no one runs say 10k up to a million in say a couple years - at some point that unthinkable thing fucks you when you're unhealthily leveraged like a wild man.
I personally would drop NVDA AMD and AMZN and just put that money into VOO. Or pick between AMD and AMZN if you want. NVDA already makes up the largest portion of VOO and you’re spreading yourself too thin by adding into all of them. Also maybe cut down to one or two spec stocks and focus in on what you truly believe in. Just my opinion tho.
Bro forgot the financial consultant. Buy VOO and forget about it. It’s really that simple.
Statistically lump sum wins about 2/3 of the time, but we're also sitting near all-time highs with a war kicking off, so this isn't exactly a normal environment. Volatility could get ugly in the short term. With $85k I'd start DCA'ing over 3-6 months. You still get in the market, but if things drop 15-20% you're buying cheaper on the way down - and at that point you could reassess and lump sum the rest at a discount. Here's a calculator that shows how DCA vs lump sum would've played out for VOO over the last few years: https://trackmyshares.com/tools/dca-vs-lump-sum?symbol=VOO&market=US&start=2022-01-03&amount=85000&freq=monthly The peace of mind is worth more than the small statistical edge of lump sum, especially right now.
probably nothing, maybe an index is ok ... VOO
The stock market is in a major bubble. Look at the PE for $COST. The people buying these stocks at these prices are bat-shit crazy. However, note that most of the shareholders of these stocks are institutions. Why? Because institutions manage ETFs, such as SPY, VOO, QQQ which all contain WMT. People put alot of their retirement money into index ETFs. They do that blindly, with no thought as to what that is doing to the PE of the constituents. That money has to go somewhere. So it goes into all of them, driving up the price. The more indexes a stock is in, the worse it gets.
Why not just buy ETFs instead of mutual funds? Since you're a US citizen, buy US domiciled ones. You could open an Interactive Brokers account using your Social Security Number and invest in ETFs like VOO, VTI, VXUS, etc... It’s cleaner, tax-compliant, and will save you hundreds of hours in spreadsheets. You might also be able to open a ROTH IRA using IBKR depending on where you reside.
To people who hold only VOO/QQQ/SPY shares: Do you feel like a crazy degenerate gambler? Just calling yourself wild and out of control? Bet you also grab a soda after your bedtime because you're such a bad boy
I would encourage you to mess around on sites like etf.com, etfdb.com, and the overlap tool from etfrc.com to get more familiar with the holdings of different ETFs like these and what their competitors/sibling ETFs are. r/ETF and this subreddit are my favorite market-related ones. AVLC is pretty similar to VOO (76% overlap) but has more holdings, so it is a bit less concentrated. AVUV is a great ETF specifically because it leaves out crappy small cap companies, of which there are a lot. Combining AVLC and AVUV does not result in holding the entire US market, but I’d argue it gives you most of what’s worth holding. VTI and its competitors are the “entire US market” ETFs. Similarly, AVDE plus AVDV would give you the biggest companies and best value small caps in developed markets. AVDE is the only international ETF I own because I don’t trust emerging markets and it has relatively less of the Shells and Nestles than similar ETFs. I’m not personally a fan of AVDV because its recent run has been largely led by mining companies.
Why buy VOO when you can buy MEME and be up a chill 6% YTD
Yes very true, but I definitely learned someone while doing this on a smaller account. The LEAPs part I actually had to create a calculator that would tell me my approximate leverage based on delta, VIX, and strike price. That was a lot more complicated and I’m happy to switch to futures. I did learn about the overnight margin requirements in a Roth IRA for futures products and I think it’s not too bad. There is comparison between using margin vs futures and depending in the current interest rate for margin it might actually be the best (please see the google drive link for more details). You could end up with millions of dollars more with just buy and hold VOO using margin because you also collect dividends.
If everyone understood perfectly WHEN they were going to spend, financial plans would be easy. But emergencies happen. Urgent things come up. There are setbacks. Risk is even deeper. Not having a consistent plan of how to invest automatically is also a risk. A hard one to calculate. You will never know how much more you would have if you just started with a 100/week of VOO and worked to increase that auto investment, and then never panic sold: only sold to pay for urgent bills.
This has been mentioned a couple of times. I'm not sure I follow your train of thought here. >For example, its better to own S&P500 members directly than in an ETF. That way when some stocks go up and some go down, you capture the average gain, Isn't owning an ETF that is made up of S&P500 stocks the same as owning them directly? When one stock in the ETF goes up or down, the others also average the gain? That's the point of a fund vs individual. Now you could make the argument that owning individual stocks can allow you to change the weight of those stocks as a group. IE VOO holds 10% of X stock, an you want own 20%. That would mean you can still own VOO, just buy additional shares of X. The other thing that doesn't really make sense is the tax harvesting of individual stocks to offset gains with losses. While this is okay if it happens organically, the goal is to not have investments with losses. If you hold all individual stocks and 50% went up and 50% went down equally, and you sell them all, you've ended up with 0 gains. Not really the goal.
I’m i’m 70 and I trade Stocks and Options for living. I and I have made many mistakes like that as well. My advice is don’t sweat it you may benefit from your mistake. It’s not the end of the world. Live and learn. Most my gains have come from dollar cost, averaging into S&P 500 funds like VOO, JEPI and some international funds like FEZ , EEM. Every month I buy a few shares of each fund.
First off congrats, that’s an awesome position to be in at 25. Keeping a solid emergency fund like you mentioned makes a lot of sense, and a lot of people in your situation start building wealth by putting a big portion into broad ETFs like VOO or VTI so they’re invested in the overall market rather than trying to pick individual winners. Market dips will happen, but historically long term investing in diversified funds has been one of the more consistent approaches. Another thing some people do once they have their core stock investments is add a small amount of diversification outside the stock market. For example I’ve been looking into platforms like Fundrise, which allow investors to get exposure to private real estate projects and alternative assets without having to buy property directly. It’s not something most people put everything into, but it can be a way to diversify alongside ETFs and savings. Since you’re already generating income from your game, the biggest advantage you have is continuing to invest consistently and thinking long term. Books like *The Simple Path to Wealth* by JL Collins or *The Psychology of Money* by Morgan Housel are great starting points if you want to get more comfortable with investing and money management.
If you have anxiety about market fluctuations, you should research "dollar cost averaging." It gives you time to learn how the market moves up and down, and you will be better adjusted if there is a market drop after you start investing. Stick with SPY or VOO though, and only pick individual stocks with 10% of your account.
I dumped my savings into MSFT and VOO a month ago, both are basically stagnant right now. I expect VOO to decline at some point before growing but not worried about it. MSFT is 25% of my holdings right now and if I don’t owe thousands to taxes I’ll be buying more
is the bid/ask spread always such fuckin dogshit on VOO options?
If this was my first 10k, I would buy - $4500 VOO - $3000 QQQ - $1500 GLDM - cycle this into the above once the presidency becomes boring again - $1000 FBTC - most probably will disagree but I think there’s tremendous upside to both the tech and the price Glhf
Every day VOO under 622 is my entry point
yes they eat into your returns and 1. yes people way overtink them 2. sometimes it's worth it 3. if you're looking at 2 funds that track the exact same index, pick the one with the lower expense ratio. that's why people use VOO instead of SPY. i always bought spy because i didn't even know voo existed, but at this point i don't really give a shit. the calculation is simple - expense ratio * the value of the stock you hold. somewhat simplified, if VOO expense ratio is 0.03% and SPY is 0.1%, and you have $100,000 worth, then VOO's fee is $30/yr and SPY's is $100.
10 - 15 years, you don't want to just flip the switch from VOO to SCHD all at once. Start allocating some of your new money to SCHD and increase that allocation over time.
The answer depends on what this money is actually for. If it's long-term wealth building, the boring answer is the right one: broad ETFs like VT or VOO. Not exciting, but it works. Because roughly 40% of individual stocks experience permanent drawdowns of 70%+ with no recovery. Inside an ETF, that doesn't matter. One outlier winner can offset the rest. That's why ETFs are so powerful for a regular investor. If you want to treat part of it as an experiment: crypto, industries you've never been exposed to, bonds. But it might be riskier depending on what you choose. And nothing wrong with that, as long as you know the difference. The "top 5-7 commented stocks" idea is the one I'd push back on hardest. By letting people decide where to invest, you're mostly gambling and not investing, because random people on Reddit probably won't pick the best ones, let's be honest. But if you go with this one, it isn't necessarily bad. Just be aware of the risks.
With near certainty your dad will forfeit $50K+ in management fees in the first year alone by using a financial advisor. What can you expect in return for that fee? Nothing. No financial advisor (dozens) I've interviewed in the last 40 years will guarantee a return in excess of their fees or even guarantee a level of service by number of hours worked over the course of a year. They will also not assume any risk in the event their advice proves incorrect or damaging to your portfolio. Do not assume that paid advisors have something of unique value from which you will benefit with certainty. If they did, they likely wouldn't be expecting clients to compensate them under such outrageous terms. In truth, you and your dad are your best financial advisors. Your suggestion to start by investing in VOO would be fine. Keep things simple and do not feel the need to do anything complicated simply because the amount of money is large. Only make things more complicated if you and your dad have the time and interest to do so. If your dad has some specific questions however that he believes requires a professional consultant/advisor, then make an arrangement to pay for that service on an hourly basis. There are advisors that will do this.
I agree with your reasoning, but I’m only 10-20% SCHD in my IRA, which I manage as if it is the first part of retirement that I would liquidate if I had to. The returns will probably lag VTI/VOO and I don’t have SCHD in my longer term accounts.
If it were me I’d probably split it between a core ETF and a few higher conviction names. Something like VOO/QQQ for the base, then maybe a couple stocks you actually want to follow long term. Also helps to track ideas somewhere. I usually throw stocks into watchlists on moomoo first and look at the financials / analyst estimates before deciding to buy. Keeps me from dumping everything in at once.
I opened VOO thinking it was SPY and thought we plunged $50. Regard mode is in full effect.
Buy more VOO and as I do every month regardless. I’m playing 10 years game, not short term. In the long run, everything will return to normal
VOO is S&P 500. VT is global market, VXUS is ex-US market. VOO alone isn’t necessarily bad. But adding international will give you exposure to more market and the benefits of diversification. Generally US and international takes turns. Lots of people had started investing at a time when US market is on a bull run. So there is some bias towards US market.
Why one of those vs VOO? And is there some simple differentiator to choose between the three? I know I could Google, but ¯\_(ツ)_/¯ feel free to just tell me to google lmao
I’ve been doing 50/50 VOO and VXUS Things are nuts either way so expect it to go down in the near future
>if they DO matter -how do you even calculate that? Look at the fund's prospectus. It's required to tell you. A fund screener will typically also allow you yo search by expense ratio. >is there a simple way to see how much drag fees are putting on your portfolio over time? You can actually try an experiment. Look up several S&P500 funds and their expense ratio. You can actually see quite the range. For example, SPY has an expense ratio of 0.09%, but SPYM has an expense ratio of 0.02%. VOO is in between the two. Once you have a list, make a comparison chart, and see if you can see any deviation. At that expense range, you won't see any difference. The real issue comes with more active funds that might have a 1-2% expense ratio. That would have a significant impact unless they can create returns that are 1-2% than an index fund (which is unlikely)
why do VT and VXUS seem so much more volatile than spy right now? VXUS doen 4% and VT down 2% , while VOO only down less than 1%?
Ehh if you really want, you can just take out what you need for taxes and repairs, and put the rest back into VOO or SCHD tomorrow afternoon. It's a good time as any to diversify.
Your dad’s gut (S&P 500 index fund) is the solid choice. I retired at age 49 holding 100% VOO and still do today… actually I do have some QQQM buys it’s mostly VOO.
Well you definitely don't want to be paying .75 to 1 percent in management fees from most Financial Advisors or so called Wealth management people .Between SPY,VOO and QQQ most advisors could never outperform those ETFs .
Futes barely fucking red LMAO KOSPI's drop = SPY's GAP UP (Kim Jong Un is selling KOSPI and buying VOO)
Why are you wet over a 3k match? That’s like 5 shares of VOO… maybe 6 by morning
The South Korean degenerates needed this circuit breaker. They're leveraged to the tits in speculative shit, acting like TSLL is their version of VOO. I live here and I’ve tried so hard to get people to sell, but they wouldn't listen. It'll be fun to talk to them today.
Bought more VOO today, like I normally do at the beginning of each month. For me, it’s ignore the noise and keep buying because today’s news won’t matter in 10+ years. Truly couldn’t care less about the headlines.
The expression is "VOO and chill" and I'm not seeing a whole lot of chillin in this post
I wouldn’t treat this as a winner-take-all call. VTI/VOO is broad core growth, SCHD is a style tilt. Core + a smaller SCHD sleeve is usually easier to stick with.
Keep your SPY shares to avoid taxes. Direct all future buys to VOO for lower fees and better efficiency.
Passive investment dominates markets nowadays, with most ETFs being market cap weighted. TSLA is in many such popular ETFs (e.g. VTI, VOO, QQQ), so money just flows into the stock regardless of what it does...
>That being said, I'd never do a single fund. I would, not only ones that I consider properly diversified. VTI/VOO fail that test for me. Things like a total world (if aiming for 100% stock), target date, or target allocation are fine as only funds.
I get why most VOO and chill, or just do FDs especially if you have a day time job.
>Why would anyone want to hold a small/ mid cap long term over just the SP500? They've tended to have better long term returns than large caps. Factor investing starting points: * https://www.investopedia.com/terms/f/factor-investing.asp * https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/fidelity-overview-of-factor-investing.pdf (PDF) * https://www.cbsnews.com/news/the-black-hole-of-investing/ * But be aware that factor premiums can take a while to show up: https://www.reddit.com/r/Bogleheads/comments/1hmbwuw/what_every_longterm_investor_should_know_about/ >Have you not seen the historical returns of VOO vs VTI?? VOO has it beat by roughly 10% in 5 year and if you want to zoom out to 20 years, Are you using VOO itself? That's a fairly young fund that isn't even 17 years old. As we see things today (this is using older share classes of the same funds): yes S&P 500 is ahead after nearly 34 years here https://testfol.io/?s=8jhrzIzDdfY but rewind to 2021 and we see total market on top instead here after over 29 years. >The small & mid caps will have their moments but long term will drag down The links I posted on the first section of this reply suggest otherwise.
Depends your invest philosophy mainly, I only look for long term holds or 6 month-12 month positions for quick profits, to then roll into the long term positions and look for new ST holdings. With that strategy in mind and my young age I don’t want to lose out on potential gains by being conservative with VT. I would rather be more aggressive into VOO and QQQM for the long haul. But to each their own risk tolerance wise. VT wont lose money I just doubt it will ever match the pace of returns from VOO in a 10/20 year horizon.
Sometimes VOO gains faster than VT and sometimes it doesn’t. The S&P is just chopping sideways this year, but international is seeing improvement. I think it’s just simpler to cover all your bases. If you want to keep an eye on it and go VOO, then by all means. I actually keep a chunk of SPY so I can sell covered calls
Why would anyone want to hold a small/ mid cap long term over just the SP500? Have you not seen the historical returns of VOO vs VTI?? VOO has it beat by roughly 10% in 5 year and if you want to zoom out to 20 years, VOO wins there with roughly 7% higher rate of return than VTI. The small & mid caps will have their moments but long term will drag down returns. big dogs push the pack. Big dogs gotta eat market mentality.
VOO is not more aggressive. Smaller caps are not against than large and single country risk is uncompensated risk.
VOO is better and more aggressive. If under 40 years old and plan on holding 5+ years this should be the play for any ETFer
Honestly, I'd recommend starting free and just reading and learning. This is something Claude and Gemini could be useful for. If you don't know what a term means, google or ask AI. The money you would pay for a service is better off being invested in VOO or VT or VTI or something similar. Putting it there instead of YF's pocket will reap you far larger dividends down the road.
> SCHD has much lower PE ratio There are reasons for this. It's important to consider what sectors a fund leans into, and what kind of PE is typical of those sectors. It could be sitting at a lower PE than the broader market, but that doesn't necessarily mean that it's an attractive valuation. With that said, there are those, like Vanguard, who see value and smaller-cap style boxes, as well as ex-US equities, as being more attractive on a valuations basis than US growth mega-caps. Rather than VOO, VTI, or SCHD, if it's me I'd be looking at VT for your time horizon.
I think OP meant VTI/VXUS, or VOO/VXUS. VOO is S&P 500 and VTI is Total US Market. It’s only necessary to choose one of them.
Are you 55+? If not, VOO/VTI 100%.
Personally if I wanted to diversify or worried about the large tech weighting of VOO/VTI I would add in international what has a more favorable PE or look at some value fund vs a dividend fund Also add in bonds
SCHD is experiencing recent success because of the surge in oil companies and the flight to safety of defensive stocks like Coke and Pepsi as well as the surge of LMT. It is not a replacement for VTI/VOO. I think it's a good ETF, but it was basically flat before dividends for almost a 5 year period until December.
The answer is VOO/VTI by a long shot. I’ll let every answer after this explain why.
Brings up a good point tho. Ever since Gold and BTC started acting in lockstep with SPY/VOO, where oh where can I find a truly anti-fragile instrument (one that not only holds but goes UP in times of chaos at nearly exact negative correlation with SPY/VOO). And preferably one that doesn't cost me theta so I can hold it long term as hedge.
Dude what you lost is what your allowed to put in an IRA in a single year. I understand where you are at I've been there. Yeah you fucked yourself im sure it's not the first time. But the key thing you have going for you is your young enough that it literally doesn't matter. You suck at this who cares, so do 99% of the people who try. So your just normal. I know it seems like a lot of money right now and you probably worked super hard to save it. But it's just money. What life really did was give you the ultimate lesson At a young age while you have time to fix it. Lesson 1. Your a shitty gambler so don't do it anymore. This is all gambling sports whatever, Invest instead first in yourself and then in assets. Close your trading account, Un subscribe to WSB or similar. Instead just buy and hold until you retire in a less easy to use account. But before you do that. Lesson 2. Only Invest from a position of strength. Make sure you've put away a emergency fund 1-3 months pay/expenses in an account that earns interest or is in spaxx or similar. Have minimal debt, not including mortgage or college debt. Now with that fortress of solitude you start buying and holding forever indexes with excess funds you can put away for retirement in a Roth IRA. You never touch this account except to buy. You don't look at it during down turns or up turns just keep funding and keep buying. Once your up to maxing 7k+ a year away in the IRA look into additional vehicles. Lesson 3. Persistence: You attempted to pick up an advanced skill to better your life. Great job, that means you give a shit! You failed at this one which sucks but we learn far more from failure than success. So don't waste that lesson move to the next skill and find the skill set/sets that you are passionate about. When you do that you'll be great at it and someone will find value in it if you share that passion with others. Before you invest in others invest in yourself first. After you have done all that worry about being a stock picker or investor with excess money "if you want to" there's plenty of people who make a large sum of money doing more tangible persuits. Or just invest excess money in more funds like VOO buying and holding to increase you exposure to compounding interest. If you do this and say fuck it you will be a millionaire by retirement regardless of this mistake. Or the world will end and it won't matter anyway.
Compared to what he did today, his all in MU play is like VOO to the average person
I was full port VOO. Now I’m full port MNST
A small difference in fee cost exists. When faced with the same discovery, I kept my SPY and started buying VOO instead going forward
If you’re in it for the long term buy and hold it’s inconsequential. You’re likely going to pay more in capital gains than you’d earn back on the expense ratio difference. If it really bothers you just start buying VOO from here on it, but it’s really not a big deal.
This relevant difference between SPY and VOO is in the room with us now?
I just put 70% of my life savings into VOO last week 😭
I mean. It’s up to you. Just do it or don’t. I prefer VOO for the reasons you stated. I would just pull the trigger personally and move on. If you don’t care and like SPY the difference isn’t that outrageous so just keep doing SPY.
Correct I’m talking capital gains. Should I just keep buying SPY then for the next 25 year? Or should I start buying VOO from here on out? Or is the difference long term only a few thousand dollars and really not that big of a deal?
Just ported some margin on VOO
Absolutely. All the high and mighty KO and VOO gang come out. I have everything space, drones/defense, energy/nuclear, SaaS, biotech, basically every growth stock category that exists and every one of them is getting smoked. Time in vs timing though I guess….
sitting on NFLX stock bought at 85 and bought some VOO under 619 this morning, but otherwise yeah
Does $VOO out perform my 5.2% mortage?
VOO and chill more like VOO and drill amiright?
Based on your allocations, the overlap is minimal with the one causing most of the overlap is VGT with VOO. Maybe something more simple like this would make sense: VOO: 50% VXUS: 25% AVUV: 15% GLTR: 10% **Weighted Average Overlap** **4.2%** # Overlap Heatmap ||VOO|VXUS|VGT|AVUV|GLTR|IBIT| |:-|:-|:-|:-|:-|:-|:-| |VOO||0.3%|34.5%|0.0%|0.0%|0.0%| |VXUS|0.3%||0.1%|0.1%|0.0%|0.0%| |VGT|34.5%|0.1%||1.2%|0.0%|0.0%| |AVUV|0.0%|0.1%|1.2%||0.0%|0.0%| |GLTR|0.0%|0.0%|0.0%|0.0%||0.0%| |IBIT|0.0%|0.0%|0.0%|0.0%|0.0%||
The higher they are, the more they matter. John Bogle has a chapter about such fees in "Common Sense on Mutual Funds (2010). Decades ago fees and commissions were generally much higher than they are today -- 1% or more was quite common, and a 1% drag over an investing lifetime can be enormous. A 0.05% drag is much less costly. For simple index funds, you can compare the fund's performance to the index it is trying to track; for instance, VOO with the return of the S&P 500 Index. For active funds, you can often find their return before fees in their fund prospectus.
Honestly, worst case scenario was discovering options so young. My advice is 100% remove options trading ability on all your accounts, and average yourself into VOO over time and that’s it. You’ve discovered that you’re someone prone to the allure of gambling. There’s nothing inherently wrong with that, many people are and would be if they found options and this sub where seemingly everyone makes huge money (small hint - the winning posts in here are 1 in 500, probably worse, but you only see the winners not the 499 losers), but it’s important to recognize that you can’t control yourself, so you need to put measures in place to guard against falling victim to the rags to riches hopefulness. Accept that it will not happen to you, the overwhelming majority of TRADERS, just random stocks, nevermind options users, lose. People who slowly put money into index funds and mutual funds and believe that over time the market will rise will be the real winners. There’s no glory in it, but having accounts with money in them in 30 years is better than the 3 big wins you’ll have, and the 300 losses that will take them all down to 0 Others have already mentioned you lost 20k young instead of the larger amount you would have lost if you were older. It’s tough to take it in stride, youre allowed to mourn 20k - that’s some real money, but don’t squander the lesson. Best of luck. Leave the sub to be honest, it won’t be healthy for you, and it will give you false hope that that was just a fluke and that you too can have the edge over the market. You never will because that’s how it’s designed. Unless you become a quant, *stay away from options*. Again restating this. Lock up options on your accounts and throw away the keys. If that means having a parent or guardian oversee your financials, so be it
I’m going to YOLO VOO
DCA into VOO each month, close the apps. Then I browse reddit when I'm bored for the shitposts.
The problem is actually that you are 20 years old, you think nothing can touch you, nothing can hurt you and you won’t lose. That’s just part of being 20 years old. You have the right idea. Go get a job make some more money and invest it in dividend etfs to start like SCHD or VOO, there are tons of good ones. Build up your portfolio again and start over. You have so much time, coming from someone who is 50 and didn’t do the right thing with money until a few years ago and is now trying to play catch up. If I could be 20 again, I would have played life so differently🤷♀️
Came to say the same thing. Keep earning money working, stack it in safer stuff like VOO, SPY, SPYI, QQQ, QQQI. If you want a little higher risk/reward go for some BTCI but stop straight gambling.
I'm a VOO man 🥱😴 - wake me up in like 20 years
definitely too much overlapp with VOO and VGT
VOO is very popular due to its low expenses. Some fidelity funds can be higher. In the long game, it will add up. There will not be a big difference in their performance.
Dude chill you’re 20 years old with your whole life ahead of you. Stop gambling and just VOO and chill
Ignore this guy completely, get Fidelity because with their fractional purchases stock price doesn’t matter. ETFs leaning tech are gimmicky/dumb but voo and schd are solid. Just know schd is for people who need cash flow (retirees) and slightly underperforms the regular market even with reinvesting dividends. You’re young enough to stay away from it also VTI > VOO if it’s the meat of the us part of your portfolio but that’s just me
I’m basically one of those bogleheads but with Fidelity instead of Vanguard. My money was in FXAIX which is Fidelity’s VOO. Made me $19k so far so it can’t be all bad!
Ok fair enough. I'm just sick of fucking bogleheads around here pumping VOO lol.