VOO

SexyGrandPA666

to stay on the safe side, divide your pounds across these four ETF's, VOO, VTI, QQQ, SPY.. good luck

Ok-Contribution6337

If you can't answer this question yourself with a high degree of confidence (which is required, lest you panic sell during a pullback and lose your shirt) just stick it into VOO. If you insist on buying one of these two at what may well be the top, buy Anthropic. Sam Altman is a midwit and a lot of OpenAI leadership has been bailing recently, which is a huge red flag given the looming IPO.

Imdwood

That’s exactly what I’m trying to figure out. The roughly $11k per month comes from multiple income streams, and a significant portion is tax-free and stable. My rent is about $2,900, I have children, and I’m still working out my exact monthly spending now that I’m moving into my own place. My goal is aggressive long-term growth, but I don’t want to actively trade or constantly chase whatever is moving. I check the market often, but I’d rather automate contributions and hold for decades. Right now I’m thinking mostly VOO, a smaller amount of SCHD, and only a limited amount in individual stocks or crypto. I also need to put more emphasis on tax-advantaged retirement accounts. Most of what I’ve been doing so far has been through a taxable brokerage, so that’s probably the biggest weakness in my current setup.

Imdwood

That makes sense. I think I got too focused on seeing dividend income grow because it feels measurable and motivating. But at 32, total return should probably be the main goal. I’m leaning toward making VOO the core of my portfolio, keeping a smaller amount in SCHD, automating everything, and letting it compound.

Imdwood

I appreciate the feedback. The main things I’m taking away are: 1. Build my emergency fund around roughly six months of actual expenses because I’m a single parent. 2. Prioritize tax-advantaged retirement accounts instead of putting everything into a taxable brokerage. 3. Focus primarily on total return at 32 instead of chasing dividends. 4. Make a broad index fund like VOO or VTI the core of the portfolio. 5. Keep dividend funds, individual stocks, and crypto as smaller allocations. 6. Consolidate some of my accounts and keep the contributions automated. The roughly $11k monthly income comes from multiple sources, including stable tax-free income, so using a percentage of “pretax income” doesn’t translate perfectly to my situation. I’m going to calculate my actual monthly expenses after settling into my new apartment and build the contribution amount around what remains. I want to invest aggressively, but I also want the strategy to be boring enough that I can maintain it for decades.

Chrizzle87

(1) sell otm CSPs on $VOO (2) Hold if assigned Maybe eat at Wendy's from time to time to see what you avoided

GreyBoyTigger

Buy into VOO for the next year or two. If you need to scratch the gambling itch do one option and maybe put some thought into it

misterbluesky8

VOO and chill is a great strategy, and it’s probably perfect for almost everybody. I understand were in a bull market, so I’m not saying I’m George Soros here, but I’m up about 13-14% this year and beat the market modestly last year.  If I’m being as objective as possible, I’d say it’s a combination of the luck of a good market and the skill involved in picking good entry strikes and managing expiring contracts. (I also sell CSPs on a lot of other tickers.) For me, the small gains actually do pile up over time, but I also enjoy doing it. Definitely wouldn’t recommend it to anyone without some kind of options background (I got my CFA charter).

Accurate-Exchange298

Do not attribute your losses to addiction to trading. Losses primarily come from lack of education on what options are available to trade safely coupled with greed to get rich quick, lack of proper trading temperament, taking on more risk than you can afford, Not sure what kind of trades you placed with your broker - (buying stocks only, trading options etc ?) . You need to fundamentally change your mindset on trading. Here is what I would do - Let us say you have $1000 per month from your salary to trade. . The stock market is open 20 days a month. So have $50 to trade per day. To get your 'trading fix' , twice a day, buy $25 worth of VOO S&P ETF . After each order is placed (once in the morning and once at the evening) , hand over your laptop to somebody.

Kind-Moment-6055

eh, im just buying VOO.

doortoNarnia

many of you are in the theta gang part of your degenerate journey, next step VOO and chill. and it shows

Soberishhh

I do the same thing basically you listed, minus I’m invested heavily in VOO, use the HYSA/checking for liquid cash, Robinhood is the best system I’ve found that encompasses everything to the degree of bank account/credit card/ match on Roth, plus I have my investment accounts there anyways, plus free wires, plus it feels great to use. Anything bad people have to say doesn’t matter when I enjoy basically every aspect of it, and the stuff they complain about has never affected me anyways, I’m not a gambler For context, $3m+, 32M Unless someone else matches them, nobody as a single entity is touching Robinhood atm on as many fronts, it’s so easy to use I tell all my friends about it, and I genuinely can’t believe more people don’t do it.

Sawyerthesadist

Everyone says VOO and chill, but no one says if it’s calls or puts???

Puzzleheaded_War6102

Isn’t VOO and chill better strategy LT? Why bother with measly few hundred a day.

pr0prfkt

Robinhood is fine. Just be careful with the dopamine themed UI. If you gamble you will likely lose. But the broker is kind of irrelevant. RH has a strong offering honestly. They have fractional auto buy. Offer crypto and stuff. Great mobile UX. Setup a weekly buy of VOO. Sell only to pay for urgent things. That’s how all personal finance works. I personally prefer Fidelity for DIY’ers. But honestly RH is fine.

vinylzoid

I got downvoted in a previous post and had a lot of stupid commenters arguing with me that VOO is NOT heavily leveraged in AI and FANG. You all need to look deeper at what you're leveraged in. IMO, VTV is more diversified than the S&P ETFs like VOO. I've deliberately pulled almost entirely out of all my AI and tech investments.

RichSpecific4490

Scared money don’t make money. VOO and chill for u

TheRealArmament

Just buy UPRO and chill if you trust VOO

OkWorking1945

VOO on leverage, over the years it looks like a winning bet , isn't it ?

arthriticpug

it’s 0.014716 shares of VOO

chaos-organized

I'm up +11.64% YTD on VOO...

dard12

5-year VOO - 70% VXUS - 35% 10-year VOO - 253% VXUS - 87% Since Jan 2011 VOO - 492% VXUS - 78% I don't think it makes you a "fucking idiot" considering

ysilyn

Yeah, first go VOO, then go whatever you woohoo

No-Magazine-4717

How do you sell meta at a loss??? Bro what lmao. Just set up DCA into VOO and uninstall your brokerage app lmao

No-Magazine-4717

My therapist said VOO and chill. Lmao, he doesn’t know NVDA is going to 1000. I need to refill my meds.

Foreign-Cold-4668

Hello All, Question regarding my approach to investing. I graduate college this december with my Electrical Engineering degree, and I already have a job lined up making just under 100k. In terms of the allocation of my investments, how does this sound: VOO 60% QQQM 15% VXUS 15% VYM 10%

NewFound_Fury

Would you say the same thing for AI adjacent positions? Like VOO, QQQ, SMH..

FailOk1528

I’d probably add international before adding another US sector. VOO + AI/semis is already a huge bet on US large caps.

ethereal3xp

Most people lack patience these days. 1. Don't know crap about stocks. Invest in a broad ETF like VOO or VT. If its too boring go with SSO and WLDU (2x versions). Just be patient 2. Follow stocks closely/see high upside. Invest early/dca. Just be patient.

Fhyzikz

Sounds like trading is not for you. Time for VOO and chill

Virtual_Secretary_98

VOO does not equal USA and their debt problem. It will continue going up as long as revenues go up and innovation continues

RichSpecific4490

Because SEMIs are up - if you don’t know they inverse one another by now you need to VOO and chill

BitterRecognition283

Nothing is going on. Go touch grass and VOO

Electronic_Bee3134

Why do you have VOO, IVV, SPY, and FXIAX?

MrEdwL

Lost half of NW and then you're not in VOO? Bruh, call the #

bofoshow51

Check out the [Financial Order of Operations](https://moneyguy.com/guide/foo/#what-is-the-financial-order-of-operations-foo) or FOO for short. First save enough to cover your highest deductible. Then opt into saving on your employer retirement plan 401k at least up to the full employer match, it’s free money and the equivalent of 50-100% returns for every dollar you save. Then prioritize paying off any and all high interest debt, anything on credit cards, sometimes car loans, most debts with above 7-8% interest rate. This is REALLY important since high interest debt can drown you long term, compounding is not your friend here, but will be everywhere else. Then list out all your expenses in a month, really get a broad picture of what your lifestyle is costing on a regular basis (helps avoid lifestyle creep), save an emergency fund of 3-6 months of expenses in a High Yield Savings Account or money market fund, something with great liquidity and giving you around 3.3-3.8% interest growth. Then max out your Roth IRA and HSA (if available) each year, ideally investing in low cost broad market index funds like VT or VOO/VTI + VXUS. Most people will contribute monthly as they get paid, but if you have the cash lying around still after all the above feel free to put it all in at once, the sooner the better as compounding interest is now your friend. Then go back and max your 401k (often pre-tax contributions) for maximum tax advantaged investing for retirement. Again ideally in low cost broad funds like total US stock or S&P500, plus total international stock, but most plans should have a target date fund (TDF) that will get you close and give you some bond exposure closer to retirement age. After that, if you still have money left over, invest in a taxable brokerage, also in those broad market funds, so that your savings across everything is 20-30% of your gross income. This is considered a healthy portion to both properly save for retirement, but not overshoot your current spending and present quality of life. If you want to save more than by all means, it’s just not as necessary and I find it important to treat money as a luxury, it’s meant to serve a purpose beyond accumulation and you shouldn’t hurt yourself today to be better tomorrow when you can healthily do both. I would not recommend saving less than 15%, the math can get tight as to whether you would be expected to retire properly at that rate. For reference, I do all this myself, I save 25% of gross income and still don’t yet max out the 401k. I do put about $100/month in a taxable brokerage too despite it not being completely optimal, but I like maxing Roth IRA and doing about half 401k, and growing what can be more accessible disposable wealth on the side in case I want to retire early. I’ve been doing it for 5 years and feel miles ahead of some friends who make far more money but don’t manage it well.

Happy-n-Healthy

Another day of reading these posts....another day of VOO and chillin

mdn845

We’ve just seen an era of almost unprecedented mega/large cap growth. Perfect conditions for SPY. And yet, FNDX still fared surprisingly well. I think it’ll be the winner for a while going forward. I’d rather own it than SPY at the moment. In fact, I’m doing something similar now. Putting new funds into ETFs like IUS (also fundamental weighting), AVLV, and AVUV to mitigate the AI exposure in my VOO and hopefully position myself a bit better for uncertain times.

mdn845

In fairness, this was during a time of almost unprecedented mega and large cap growth, which is a perfect environment for SPY. Another period could’ve produced a different result. But also, how did MTUM not beat SPY? From Jan 2017 through last week, the CAGRs were 16.8% vs 15.4%, and that’s after management fees/expense ratio. Btw, I own more VOO than any other single holding. So I’m definitely pro-S&P 500 index funds here. Just more wondering.

8v9

Just put it all in VOO And if you haven't been contributing to your Roth IRA, do that ASAP and then buy VOO in your Roth

Diguojigood

Solid suggestion. But I don't see VOO go up before the midterm. It's more likely to pull back, I don't like the odds.

RichSpecific4490

You need to VOO and chill.

sagewynn

Putting more into VOO is not pointless lmfao what Telling them to day trade what the fuck lmao

BentoMan

All I need is to get $10million in VOO, this gives me an easy million a year and don’t have to work. Geez, rich people have it so easy

OrionCrux

If I had an extra $2.5k a month, I would enjoy a measurable QOL upgrade and then invest a significant portion of that into an index or a popular ETF (VOO, VT, VTI). Since you said you saved almost nothing for retirement and you're 36, I feel as if you should be investing 100% of it. If you don't have an emergency fund of 2-6 months of expenses and if you haven't paid off any high-interest debt, that should be your main focus while also putting money in 401ks and IRAs.

ilikeusingmyhands

just put the same amount in VOO every month lmao its easy as that, and save like 10% for dips in market to buy more VOO.

Sure-Day828

Puts on VOO?

arter_dev

OP is right. I build agentic harnesses & workflows for a living. Unfortunately I have to live / eat / breath the intersection of LLMs & developers. Devs are not giving two shits about which model they're using. Whichever is cheapest and governable in a harness. There's no loyalty. It's a total commodity. They bounce around from providers almost by the week. This is 100% a railroad situation. The only devs sticking with the same providers reliably are those employed by enterprise, which just sets us up for an identical structure of IBM mainframes back in the 80s. It will be a blip of rev in a sea of debt. I have 5 providers wired into my own harness, but at work I'm stuck with Claude. Positions: all VOO.

Creative-Process-504

I mean wtf. You could just full port on VOO and let it ride but you wanna gamble hard. You could lose everything but then again you could win big and retire i guess. Buddy just dont take your life after losing it. I seen too many people who lost money and just end their own life. Been working at a casino for 6 years. You see alot of shit.

OneJellyfish5980

DCA into VT or VOO in a Roth with 3% match and be a millionaire in 20 years or waste your whole paycheck on 0dtes

Tzokal

Puts on VOO and QQQ, Calls on USO.

UnObtainium17

I paused my VOO scheduled buys and have been buying AVDV consistently instead. Doing pretty good too while getting that international exposure to profitable international small caps. It is still a very small % of the portfolio, my goal is to get it to around 10%. I wish i knew about it way back then.

dpatel211

VOO having a 7% holding in NVDA is great man... just great

dpatel211

Back to 690 we go VOO

OneJellyfish5980

It's called VOO and chill in a Roth IRA the next 30/40 years

Ok_Reaction_1549

Why not 67x it, then buy SPY and VOO

Ok_Reaction_1549

Papa says go just buy VOO and SGOV. Is this good for long term capital appreciation 🤓

Emotional-Power-7242

Monthy or every paycheck is fine. If you automate it that's even better. Buy VT, VTI/VOO + VXUS, or a low fee target date fund. Personally I would consolidate everything for simplicity's sake. I'd also probably use one of the major brokerages. Fidelity, Vanguard, Schwab. Not the biggest deal though, if you like Robinhood that's fine. The main disadvantage of Robinhood is just that they push gambling on you. In savings a good catch all is 6 months expenses + enough to cover any large known expenses that will come up in the next 5-10 years such as cars, moving expenses, deposits, etc. Basically you want enough so that when everything goes wrong at once you don't have to resort to debt or drawing down investment accounts. You could do 3 months expenses if your position in life is pretty low risk (in demand job, spouse who works, etc) or a year if it's high risk (kids, sole income, bad job market, etc). Some people even push it out to 2 years. Only you know what's appropriate. Tax advantaged accounts are free money. Investing money in taxable accounts before tax advantaged accounts are maxed is generally counter productive. Give the government as little as possible. As for how much to invest that really depends on you. I suggest going to a compound interest calculator, running some different contributions for 30 years at 5% interest (8% average returns-3% inflation), and seeing what you get. I have expenses, an amount I think is reasonable to spend every month on whatever I want, a little carve out to save for vacations and other short term goals, and then I invest everything else. And I'm confident that should be enough to retire on. I actually have similar income to you and I basically max all retirement accounts and then don't invest more so $23,500 + $7,000 + $4000 (minus whatever im getting from company match).

WarmCan3034

look buddy, i am going to help U and tell U to stay away from here and throw all ur money into VOO and don't ever look at this sub

CG_throwback

Your investing stratify is like mine. Don’t care if you get a huge setback because it’s all or nothing. You are or a winner or a loser because second place doesn’t exhaust. I get it. But just remember double or nothing only goes so far because you are one news article or new bill away from a stock dropping beyond what you’re willing to lose. Losing 100k feels way worse than the achievement of making 100k. I hope you have a goal where you say ok done all in VOO. I hope me and you get there before we hit rock bottom.

JayyMuro

I bought VOO and VOOG at the same time as a test, love them both.

Unable_Plane1948

For alternatives with actual leverage without the daily reset drag: 1. Portfolio margin + low-cost index ETF — Buy SPY/VOO on margin at 1.2-1.5x. You get real continuous leverage, not path-dependent daily reset. Interest rate is the drag (~5-6% now), but over long horizons it's cleaner math than SSO's vol decay. 2. LEAPS calls on SPY — Deep ITM, 1.5-2yr out. Delta ~0.7-0.8 gives you synthetic leverage with defined downside (you can only lose the premium). No margin calls, no daily reset. The "hassle" is rolling every ~18 months. 3. Just don't. If you're truly long-term buy-and-hold, the boring answer is often correct: 100% VOO, let compounding do the work. Adding leverage to a retirement portfolio is like adding nitrous to a commuter car — technically works, statistically ends badly. The 1.3 beta figure from the comment above is spot-on. SSO's effective leverage over multi-year periods is far below 2x due to volatility drag. You're paying 2x risk for ~1.3x return. If you still want juice, the margin route is the least-bad option for a set-and-forget investor.

Mundane-Plant-6489

I’ll give you some legit helpful insight without trolling you. Accept that stocks are not a get rich quick scheme and also accept options while they can give you greater returns at the end of the day your gambling. I avoid buying options entirely, I started with around 2k from my tax return my first year of working and did exactly the same thing you have done. Truth is a come back is not likely from 300$ in the time frame you’d like. You need to get a stable income from a job or whatever it is you must do and build back little at a time. This was a tough pill for me to swollen now time went on I’d throw what I could comfortably afford back into my brokerage and I just simply purchased VOO up until I got back to where I started around 2k from there just trade shares buy on bloody red days companies with strongish fundamentals depending on your risk tolerance, sell when high repeat. I did this up until around 6k which came faster a bit faster just throwing into VOO and adding each pay day. Once I got to 6k I started selling options only I’d either 1 stock that I believed in when I felt it was a good time to buy I’d snag 100 shares and sell calls on that stock weekly for premium at a .25 delta until the shares were assigned away. You collect all the premium plus if you consistently sell above your average you take profit at assignment as well. Some weeks it’s best to do nothing if things dive patience will serve you good. I’ve been doing this up to 20k and will continue as you grow try to start diversifying your companies and learn about selling puts on stocks you’d like to own but not at current price you get paid to wait (CSP or cash secured puts) then sell calls on them once you do get assigned. A lot of professional and smart investors will say never full port one stock but I disagree diversifying becomes most important as your money grows but will not allow quicker growth as concentration on one solid company will. Just don’t do this on cheap penny stocks or no name companies that are many many years from development if they even last. Some solid picks that are in cheaper range would be things like APLD, ASTS, RKLB, IREN, NFLX to name a few. Though note there is still risk, this is where treating things like your buying an actual business is crucial do your research don’t just dive in anything and everything. I use Reddit to get ideas see what companies are on others radar but always research the company before making decisions. Start accepting growth takes time and avoid buying options. If you do want a better risk to reward ratio buy some leaps long dated as far out as you can and trade those but keep it simple at first don’t cap your upside by selling short calls against your leap. Especially when things are newer to you. If your right and the stock takes a decent move quickly you’ll get a sweet return if your wrong you bought yourself some time for your thesis to play out. Take it slow learn from this you’ll bounce back. Long read but people eager to learn do not shy away from paragraphs.

Common_Spot4850

👍VOO

StackiiBabii

https://preview.redd.it/u0gt12gui7lh1.jpeg?width=1290&format=pjpg&auto=webp&s=22b6a8cf242c43d984019119a3008ec9d0e15c6e I’m on that new strategy. Buy extra VOO at the start of the new moon, then dump the extra shares like a shitty girlfriend the second you spot the moon in the sky again. Easy😎

rronak01

That’s why VOO is way to go

saryiahan

VOO

TechnicalSleep7501

I am VOO, VXF and VXUS till infinity. VBil for dry powder. VTip for inflation later in life. VIG, VIGI, SCHD, SCHY to generate some cash tax free because tax bracket is 12%. 

PrivateContentPolicy

I’m a complete beginner with a few positions (VOO,NVDA,LLY). So bond market going up makes stock market go down?

cherry_blossom_7471

VOO and chill

drd2989

VOO

Creative_Youth_4982

the problem is that bears think they are geniuses. but they aren't. probably missed out on the VOO gains and feel bitter. but maybe they should just buy CLO bond etfs and chill... so they don't have to think.. cause they ain't geniuses

OneJellyfish5980

I'm going HARD this week (opened a Roth IRA and buying the fuck out of VOO dips) FUCK OPTIONS

Toohotz

It isn’t and I’ve dialed back to VOO for the most part and the occasional covered calls on the NVDA shares I’ve amassed over the years as being a SWE, my day job pays me really well where I dot need to be actively trading as I once was. The time tradeoff is 100% true and same for myself as well and had to be brutally honest in accepting that my edge was eroding and I was okay with that and have since just went more in on the long term horizon. Unfortunately OP has some sense unlike the masses that have been getting farmed on these recent, non continuation days we’ve been having in certain markets. After doing this for a number of years and finally dialing back and seeing the risk tolerance for many, I know understand why we as retail will always remain as fodder lol

Toohotz

Not the response I was expecting, truthfully just VOO n chill I can’t stress enough of the amount of liquidated ports I come across in an eight hour session. If you don’t know much about options, then the education part of it comes first The best piece of advice I can give having done a mix of futures and options over the years is that unless you get extremely lucky or have a decent edge, you’re going to lose it all if you don’t manage risk correctly Trading at its heart is managing risk. Do not become another r/wsb statistic.

Any_Influence_8305

I love you retards buying up MRNA after the 170% run-up, the 400k round trip guy, and the HTZ/WEN regards retardmaxxing. when I go to other stock subs it's all "VOO and chill my good sirs 🤓" god bless you fellow retards may your options print and your Wendy's never close down

In-the-know-Indigo

VOO and chill lol

In-the-know-Indigo

Seems like you need to be more like a VOO and chill kinda guy 😂

Sweaty_Garbage516

I do daily buys in VOO. It’s the one thing I never want to sell.

Dear__Bruce

All I need is a 250x bagger next week and I’ll delete Robinhood, move 75% of my money to VOO move 25% to a bond that matures in 2060 and then delete the Vanguard app. You’ll never hear from me again.

Diguojigood

Did I say they are not doing well? They are worth 4.2 trillion dollars. You can just buy VOO here and take much less risk long term.

zxc123zxc123

I'll answer both you and OP. For OP: The data is not fully clear or complete as it doesn't include both open and close prices. Merely percentage change to "base". But what you can draw from it is that escalator down mechanism vs slow climb upwards (more downward dots past -4 and the blue dot past -10). Can't say for sure without much more info but it's mostly that and psychological number points of breaking past round number hurdles for both humans and algos. TL;DR Either way you won't be able to milk any alpha from it. For you: 1. Stay long. Ignore 🌈🐻/Kramer. 2. Avoid BTC/GLD pump if scared. Hold a bit of ST cash like Buffet/Dalio/Trump. 3. Everything in the markets are overvalued but I'm allocating to AXP or LVMUY outside of my monthly DCA into VOO/IWM. I think they might still have legs going into the end of the year. Proof? None really. [I did say to buy BLK like month ago and it has been up +17% since.](https://old.reddit.com/r/wallstreetbets/comments/1ueagt6/disregard_private_credit_liquidity_tests_acquire/) Don't listen to folks online.

scottyk318

I'm a fan of keeping things simple, along with your age what I would do is something easy like 65% VOO 25% QQQM 10% VXUS

jayyfo

I mean you can have theta (the decay) work for you and not against you using different strategies, honestly I am shocked that you have not learned this yet with this large of an account, You have basically been rolling a large rock up a hill but I'm surprised it didn't crush you, I worked as a previously registered investment advisor and stock broker before my back has gotten so bad with idiopathic scoliosis and no solution and not a candidate for surgery that I'm waiting for disability income, and I will never be able to do a full time regular job so this is it for me , I've learned for over 12years but because of poverty mindset I never broke out I really want to encourage you that if I was well enough where you are dear God put some away with some for of target date retirement fund or VOO or SPY (ofc once a viable dip presents itself) but please dear God don't keep trading single legged options with this size of money, at least without learning more about every strategy you can do with this, even with smaller sums You do realize pattern day trader rules are gone? I would immediately take out 100k or more and just start start an account with 2k God speed! Check out theo trade with don Kaufman he's one of the creators of think or swim and teaches , even his free weekend videos are amazing and can get you more curious about how you might squeak better edge out with this size of an account without risking so frickin much

RobertPooWiener

I'm more worried about short term. Whether Walmart will be able to regain my 15% loss faster than VOO or VT will return 15%

Sacisbac

Cue the VOO boys.

harrison_wintergreen

This is interesting and I applaud investing your own money for the test. However, the 'beware' in the title is misguided. - you didn't lose money with any of those ETFs, at least in nominal terms. - you didn't know in 2017 what would happen by 2026. - that last ~9 years don't predict the next 10 years, and the last ~9 years may or may not be typical. from 2003 to 2013, RSP outperformed SPY by a wide margin. https://imgur.com/a/v4Uow9Z - SPY is not necessarily an appropriate control or benchmark for all those ETFs. for example QUAL uses the MSCI USA Sector Neutral Quality Index as a benchmark, not the S&P 500. Comparing every investment on the planet to SPY/VOO is a common error I see on reddit. - as others mentioned, some of the ETFs may have smaller drawdowns -- which certain investors might prefer. some of those ETFs might also have higher dividend income potential, which is also a perfectly valid strategy for those who want it.

Sharp-Doctor4008

😂 VOO catching strays here. But honestly, an 8% drawdown shouldn't matter nearly as much as whether you actually believe in the thesis. If a normal pullback is already making you panic, the position might just be too big for your comfort level.

superhappykid

Dude if VOO doubled with the amount of money he has, OP might be able to buy 64 gigs of ram. Think about the possiblities.

Feudal_Overlord

Sell VOO and buy SLS

BitterRecognition283

I’m saying this sincerely. If you’re that paper handed go back to VOO

pr0prfkt

You should have an investing plan for your income. For most people it is 401k. But it should be Roth and taxable as well. Something should automatically invest. There shouldn’t be large amounts of cash accumulating. For most VOO and chill is just fine. Or pay a pro to manage the money in a balanced way. But self management is fine assuming y or will progress and not panic sell.

michinhale

Put it all into VOO and log off. You've got your whole life ahead of you, focus on that.

quinprobably

How much you're investing really depends on how much of that income needs to be spent (rent groceries other bills yk) then maybe go half and half with the rest spending money and investing, as for a portfolio split having a strong cash position is good and a moderate portion of your portfolio should be some kind of index fund like VOO or QQQ with low allocations for high volatility stocks or crypto as that can be beneficial but also blow up your portfolio with too high of an allocation, maybe use something like fidelity for your longer term holdings like bonds or gold

Responsible-Scar-980

On the bright side, you have learned a super painful lesson very early on in your investing career. VOO and chill now moron.

Prudent-Benefit7490

Lesson learned just invest in VTI and VOO from now on and call it a day

Salt_Contract342

And how much more would you have made just parking it in something like SPY or VOO?

wattsinabox

VOO, SPY, QQQ and keep adding your salary.

CreatingCreatively

How much do you need to lose before you stop? I lost 4k and hung my shit jersey in the rafters 😂 Time for gay boomer VTSAX & VOO stonks

Ancient-Screen-2684

Year to date youre up less than 3%. Just stick to $SPY or $VOO. You clearly cant do this right. Underperforming being lazy by 9%