VOO

scoofy

If you’d bought anywhere between 97 and 00, you would have broken even only 11 years later. There are time when the makers are, in fact, crazytown. VOO and chill is very good for 30+ year horizons.

Acceptable_Quit_9026

As others have said, if you have a fairly long investing horizon - say, 5 years or more - just invest in a diversified index fund, like VOO. Be aware that it can, and will sometimes, swing dramatically, and there will be red days - but in the long term you almost certainly will do well. Don’t check it every day if you don’t need to - just take a look periodically. Be consistent - keep adding to the fund whenever you have cash available. And let it do its thing. You’ll be fine.

HNeerkaje

Ok...I just realized I did not answer his question at all!! But I guess it's because S&P 500 by nature of it's construction is inherently less volatile then the NASDAQ 100 dominated by tech companies today. Tech growth won't last forever. What if tomorrow tech drops but energy sector is valued similar to tech is today? S&P 500 would beat NASDAQ 100 by a landslide. What if Financials take off? Tokenzation is coming, 24X7 trading on US exchanges will be real in a few yrs. So not only is SPX better suited to handling crashes in the tech sector because of it's diversity, but also able to provide the potential future upside of non-tech sectors. Bottom line: If you want long-term risk adjusted returns then it's the S&P 500 (been officially tracked since 1957). Hence I guess VOO & chill. Though personally I prefer BKLC (0% expense ratio) PS: I am not chilling..no pain ..no gain..my motto!!

infowhiskey

Former older coworker of mine (and friend) keeps 300k ish in her checkbook cause she doesn't know how to transfer money into a VOO like a position. Her words.  I explained everything but she said, nah, cash is fine.  It's not my job to invest for her, it is what it is. 

Worst-Eh-Sure

VOO follows the S&P 500, which has been crushing pretty much everything else since 2009. That means anyone born in 1991 or later would have their entire investing life knowing only S&P 500 outperforming everything. So why would they invest anywhere else? I’m concerned that when this glass castle of wealth collapsed a lot of people are going to lose everything. They don’t know diversification, they are all in on VOO. They will have no idea what to do when stuff hits the fan. These are the same people that think a 5% interest rate is “high.” Like compared to what? There is actually documented evidence of interest rates going back about 33,000 - 4,000 years. And the interest rates during Covid were the LOWEST IN RECORDED HISTORY. Ask anyone that bought a house in 1980, interest rates for a mortgage then was like 16%. I understand home purchasing has a lot more factors than just interest rates, but my point is that 5% is not high. Not at all. But because interest rates have been so low for so long there are plenty of adults that have no understanding of the longer history of interest rates or the typically cyclical nature of the stock market because to them it’s just invest in IS tech and that’s it, forever. When investment account balances go up most people think, “gosh I’m smart!” Versus when it goes down, people really look into it and try to figure out why. Lots of people right now think they are super good at investing because they are VOO and chill. Be real interesting to see how they handle the market changing to literally anything else. People - The thing I want everyone to do is diversify. Save yourself now and diversify. Because one day (tomorrow, next year, 10 years from now) the market will change and I do not believe it will be good for people that just stay in their cap weighted index funds on the s&p500.

GroundbreakingSir386

Some people want to sleep good at night but I think if 70% of your portfolio is in VOO or QQQM you’ll still sleep plenty fine investing in individual plays.

HNeerkaje

They track different indexes and behave differently. QQQ - Tracks the NASDAQ-100 Index Index consists of approximately 100 of the largest non-financial companies listed on the Nasdaq stock exchange. As things stand today they are dominated by tech companies but does not have non-tech giants such as Berkshire, Visa etc. VOO - Tracks the S&P 500 Index Index consists of approximately 500 of the largest US companies including financials, utilities, and energy. Ofcourse it also includes all the tech majors. VOO excludes any international stocks. Tech has been on a tear for a while now and hence you see QQQ outperforming. Both provide different exposures. You make your choice depending upon the exposure you desire, your ability to accept volatility, risk level etc etc. PS: **QQQ is overwhelmingly a concentrated subset of VOO**. When you remove the few international companies listed on the Nasdaq, nearly every single company inside QQQ is already owned by VOO.

Caz5-_-

Go VOO & chill brah. maybe a little in bonds to lower portfolio variance. Bro you’d hate my portfolio, absolutely beta maxed on INTC, MU, NVDA. Its rough over here, july had me a little nervous. Also ignore any SCHD recommendations, you need growth ignore dividends they underperform growth

Consistent_Laziness

VOO is up 54% on my Roth. The holdings I have above that is: AMD (182%), NVDA (83%), AVUV (55%), and special shoutout to FLR which is higher YTD but I haven’t had it for too long. In my rollover i did all this at the same time and since that time VOO is up 3%. What I have higher than that is: AMD (153%), VUG (12%), FLR (18%), AMZ (23%).

Budget-Class-1297

Wtf do you keep buying VOO puts for? It's one of the least volital stocks around. There are 252 trading days in a year and on average, except in a long bear market, it either goes up a smidgen or basically stays even for the day 215 of them. Even 2% decline over an entire week is pretty rare

Numerous_Top3641

I would do VOO & SCHD so he gets more dividend yield

wpglorify

Every value stock I ever bought in a downtrend “because it’s hitting the floor” kept going down for a long time. It might go up or might not, but is it the best use of your money? If trending stocks are scary & you have nothing else stick with VOO.

Successful-Grab6091

Am i understanding correctly: you have 20% invested, 80% cash assets? If so, my non-professional advice to you: Break it down. Keep 20% in investments. Add 5% in cash to keep comfortable. This is your trading acct, where you keep doing what you’re doing buying low and selling high. Put the other 75% into a separate brokerage acct. Invest \~450% or whatever percent you choose lump sum into VOO and do not sell it ever. Keep the other 30% or whatever as cash in this acct to buy during a crash. That way, you can mentally cope with your money growing in the market, and have enough % cash set aside that you’re happy dumping it all into a crash. (don’t get greedy, just buy low af you can also stagger your entries.) (there are certain accts you can get at brokerages that get you gains on your cash like vanguard’s cash plus to minimize cash burn. But you still need the cash in the correct acct at the correct time for a crash) Historically, if you do not sell voo during a market crash, it will recover eventually. And you will see higher gains. Retrain your brain. 80% invested, 20% cash or something like that If you have cash set aside to buy a crash, a market crash becomes exciting. So is watching a larger portion of your money make monthly or yearly gains

Brave_Yesterday_6106

QQQ is tech-heavy, while VOO is broad-market diversified. If QQQ drops 50%, it signals a localized tech sector bust that the broader economy can likely survive; if VOO drops 50%, it signals a severe global economic crisis.

ralphy1010

Only reliable way I’ve found to beat VOO was with VGT…. In a bull market 

JonesBrosGarage

I’m like 95% in VOO and don’t plan to ever sell.. I didn’t even know we were up right now until I saw this post 😂 Come back in another 5 years so we can compare returns again

Stackvibe

Why VOO and not SPY though? Are they not basically the same?

Consistent_Laziness

My retirement has exus. I didn’t state that return cause as you said it’s not over VOO. My rollover IRA and my Roth are beating VOO by a great deal

JayRock1970

Hmm, but ex US hasn't outperformed VOO in the last 6 months, that's what dragged me under VOO since the war started.

JayRock1970

I have international amd emerging markets in my mix that outperformed VOO last year but since the war have underperformed VOO.

MaxPainKing

VOO is currently at $708.55 as I type this comment. VOO will need to decline 2.6% from this current level for the 690 to be at the money let alone in the money and turn a profit. Unless you were positioning for a 5% correction by Friday, which is possible but highly unlikely, 3 out of 5 of these will expire worthless. I bought SPY puts with 8/7 exp close to the top today myself and they are in the money already. I will likely sell them tomorrow morning if we get the pullback I’m expecting. As was previously mentioned, trade the SPY options, not the VOO. The liquidity and spreads are much better. And if you’re looking for a big move you have to buy some time, more than a day or two. Good luck!

Checkerboard2017

So you buy VOO and revisit VTI after 30 days.

pvpragger6969

I’m a noob 29M but have 70k to invest and I maxed IRA with VOO and buying more of that seems boring so idk what to do

DaveyParks200

Correct. The person I responded to mentioned risk adjusted returns so I focused on that. VOO would indeed be at the bottom here based on unadjusted returns.

Main-Wrap-6745

Keyword is risk-adjusted. Actual returns would probably put VOO at the bottom of that list.

ItsOkILoveYouMYbb

I don't have the millions of dollars to make VOO and chill worth it. I have to play catchup and then exceed, I don't want to work for the rest of my life for less and less money (or be dependent on the most minimal of UBI while Anthropic rules the world), so I have to take a much more active albeit risky approach.

Derebeare

Because for the last 40 years the market has been pumping like a teenager in a nightclub. Will that continue to happen for the next 40 years? Nobody knows. But the people who made money in VOO for the last 40 years are obviously going to try it again and tell their friends.

Zach-12345

So let’s say VTI is down 2000 and my Vxus is up 5000, I could sell my VTI and put that into VOO for 30 days or whatever the window is and once I file my taxes I can sell my VOO and put that back into VTI so I would be doing 5000-2000 which is 3000 I would have to pay taxes on?

Raiddinn1

VOO is more diversified across different sectors than QQQ is by a long ways. That said, QQQ is probably fine. So is VTI, or VFINX, or VFIAX, or or or or or. For best results, pick something rules based with greater than 28 companies spread across as many sectors and investment strategies as possible. I don't know why the number 28, but I am pretty sure I heard it thrown around in theory circles before.

esInvests

interesting question, but important to contextualize the first. remember, VOO/SPY themselves ARE momentum strategies - they buy winners and roll out losers. so the passive holders are actually momentum investors which is a fantastic long-term strategy. that's why adding an economic structure like DCA on top works so well. there are other versions that also work really well like DCA with realized profit trimming, etc. options are just vehicles, nothing more. a trader could easily overlay an options strategy onto the index DCA approach and that would operate just fine - but have a different risk reward profile. there are lots of minimal impact strategy a trader can run with options, they just all come with corresponding drawbacks that need to be reconciled with. when you add specifically selling options domain, that adds a layer of complexity because we're not effectively removing the primary driver of DCA and chill returns > uncapped upside and flipping that effectively. we're capping upside and taking skewed downside risk in exchange for a higher probability of making it. in that world, i do not think there is a simple parallel to outperform DCA/B&H on a friction adjusted basis.

Lopsided_Condition50

Don’t do VOO options. Use SPX or SPY

Temporary-Scratch-24

A persistent question I have been thinking about is the idea of “static strategy on a dynamic environment”. The “VOO/SPY and chill” camp is no doubt interesting(and for good reason) bc it is, in a sense, a static strategy (DCA into the index) that operates on a dynamic environment (the economy). I was wondering on your thoughts as to if there exists (practically or theoretically) similar static (or at least minimal maintenance and brain power) strategies within the options world? Not necessarily asking for comparabilities to index performance (tho that’d be nice lol), but definitely curious as to if a mentality like “VOO and chill” can exist in the selling options domain.

compoundedinterest12

Lower expense ratio than VOO? It's at .03%. That's crazy low.

Angry-for-no-reasons

Feeling spicy, might buy VOO

Zyltris

It's the theoretically rational choice under uncertainty. Diversification works. It's proven to reduce volatility without reducing expected returns. Since it is highly diversified (more than QQQ), and easy to invest in at a low cost, it is a smart choice for the future. QQQ is more profitable because investors expect higher returns for its higher volatility. Everyone has different risk preferences, though, and so VOO is more likely to fit the average person's preferences.

Ravens3505

$VOO is a little more diversified but $QQQ always outperforms it

Xciv

VOO and chill has advantages in that you are not tempted to sell at the bottom. If it goes down, and companies in it fail, then they will be kicked out of the index and new emerging companies will be added in as they meet the parameters when the market goes back up. If you own individual stocks, you will always have the risk of one of your picks going completely into the dumpster, and all your investment with it. People who are older remember all the companies that felt like institutions that will be around forever, but died (or basically died) during the 2007-2008 financial crisis? Circuit City, Sears, Linens n Things, Washington Mutual? Who knows if Micron is the next Circuit City waiting to collapse? We'll know in the next crash. With VOO you don't even need to think about it.

therealjerseytom

> if it’s down I would sell vti for an equivalent fund (ITOT) 30 days before tax day and let that sit in there until my taxes are filed and then sell that fund back for VTI Not quite, on several fronts. Really doesn't have anything to do with tax day. And you want to avoid two funds that are "substantially identical" tracking the same index. A good TLH companion to VTI would be VOO, since they are highly-correlated *separate* indexes. On any given day you could sell VTI for a loss, *and immediately buy into VOO*, and you've effectively bought into "the same thing" (close enough) at a lower cost basis while banking a loss. The thing is it's not magic. It's more like shuffling your tax burden around rather than eliminating it (unless you happy to be in a 0% LTCG bracket, in which case you can do some good stuff). By buying back in at a lower cost basis, it means there will be more gains at some point down the road when you sell that new position. But it can be very handy in rebalancing taxable portfolios, if nothing else. It also really helps to have regular influx of new $$ to work out long term. Otherwise if you just buy in with a pile of money and don't add to it, over a long enough time period all of those positions will likely be gains.

bhope95

There's no reason to chose VOO over QQQ both are just performance chasing but at least qqq has higher returns. VT or other global funds like avge avgv are ones you can actually chill with.

spectra2000_

VOO is SPY with cheaper ER. Buffet himself has said VOO is best for the average person because you can’t beat the market.

mzakieh

Not OC but i was also outperformed by VOO. I am too heavy in Salesforce $CRM. I know it will come back up but other companies are more attractive now.

Employee28064212

lol like you get to have one of those in your portfolio for funsies after you've got your VOO and other "safe bets" lined up.

misterbluesky8

Should be 90%… if you’re trading and losing money when the market’s up 10%, you are a failure 🤷🏼‍♂️ This is yet another case of women being 10x smarter than men. Every single losing trader needs to their entire account into VOO and chill. 

CrumbBCrumb

Not trying to be a jerk but really? What are your other major holdings? Up 13.5% is a nice return the last 6 months but Nvidia is up 27%. Microsoft 23%. Amazon 22%. I know it's VOO vs the rest of your portfolio so if something is down or not as high as 13.5% it could be why but that seems confusing. I feel like VOO is slow, consistent returns but other popular stocks out perform it often.

Some_Signal_6866

99% of men would be happier if they just bought VOO years ago. But no everybody needs a catch up mechanic

Bitter_Cake6120

My 5-figure QQQ investment in 2016 is a healthy mid-six figure value today. I originally allocated 70% of my portfolio in 2016 to QQQ but then in 2022 decided to go 100%. Today, my portfolio is 80% QQQ, 10% SMH, and 10% VOO. Going forward, I’m only making contributions each month to VOO in order to diversify given my age (34).

healthydogo

I have good friends who work in national Pension Plans on investment teams and I often ask them why not just fire everyone and buy VOO. A lot of big hedge funds and pension plans have different goalposts for themselves. It’s not maximizing raw gains, but rather outperforming purpose built indexes. The funds will create an index similar to S&P500 for their specific investment area and risk profile, and judge themselves based on that A pension can’t afford losing 10% of portfolio value across a 8 year bear market, whereas individual investors can.

Intrinomical

Really just asking to ask, I've dipped my toes into investing but haven't gone far into it. I currently have about $500 into QQQ and like $300 into RKLB. I just always see the VOO response and wondered what the difference was, QQQ could be replaced with any other similar ETF I suppose, it's just the one that I know exists that is similar to VOO. Thank you for all the info though, it's appreciated.

Boys4Ever

DCA VOO and call it a day. No anxiety. Assuming long enough horizon.

Saofather

Initially I didn't quite understand the attraction of VOO either. But it has 3 main benefits. Compounding gains Dividend Passive investment I caution to say always growth, even though historically have proven so.

dizzy_centrifuge

SPY was the first major SP500 ETF so it has some of the highest daily volume and tight spreads. Great for active trading. VOO is a mainstay with one of the lowest expense ratios making it ideal for long-term holders. SPYM is a smaller SP500 tracking ETF that is the same as the other 2 but due to it's lower liquidity it's spreads aren't as tight leading to potentially worse entry/exit prices. For an active account SPY makes sense but I'm assuming you're asking for investment as opposed to trading rationale. SPYM is the lowest cost SP500 ETF by .01% which translates to a $1/yr savings per $100,000 invested in the fund. (Assuming the same relative entry & exit costs)

ReporterEmbarrassed2

VOO is more diversified than QQQ and has lesser expense ratio, its for folks how are in long term, QQQ is for traders that dont mind risk for the extra upside.

Whythehellnot_wecan

Just to be clear for some folks. VOO is over weighted big time. 10 companies make up 40% of the index. It use to be more diversified. I’m not saying it’s a bad investment for someone young and is thinking decades ahead but it isn’t “diversified” in the sense it once was.

DaveyParks200

**Ranking by 10-year Sharpe ratio:** **SMH** (2.45) **VOO** (1.38) **VGT** (1.33) **QQQ** (1.11)

Lonely_District_196

QQQ is manly tech stocks VOO has much wider diversification. Also, it's popular. There's probably better SP500 indexes with lower expense ratios I've honestly seen a lot more people recommend VT lately

kppalm

Look at the M2 Money Supply. As long as they keep printing money VOO will keep going up.

JayRock1970

VOO has outperformed me by 3.5% last 6 months.

Joh1030

Not exactly subset. VOO tracks SP500 vs QQQ tracks NASDAQ100

Totallycomputername

Every year we are at all times highs. VOO just has a long track record of reliable growth. You won't get rich overnight but you will slowly grow your investments. 

WickedSensitiveCrew

The honest answer is that telling people to buy VOO is almost all upside when it comes to sentiment and upvotes. If you recommend an individual stock, people can attack it from multiple angles. They'll point to a competitor, argue it's overvalued, question its earnings potential, or simply say they don't like the company or its CEO. None of that really happens when you recommend an index fund or ETF.

fredagainst

VOO is more diversified and less volatile. QQQ isn't always more profitable, check out how it performed from 2000 to 2016

JonRadian

I'm more QNDX and chill now.. |**Metric**|**VOO(Vanguard S&P 500)**|**QQQ(Invesco QQQ)**|**QNDX(SPDR Portfolio Nasdaq 100)**| |:-|:-|:-|:-| |**Expense Ratio**|**0.03%**|**0.20%**|**0.10%**| |**1-Year Return** *(Trailing)*|\~23.6%|\~22.3%|\~22.4% *(Index Benchmark)*| |**5-Year Return** *(Annualized)*|\~13.5%|\~14.2%|\~14.4% *(Index Benchmark)*| |**10-Year Return** *(Annualized)*|\~15.5%|\~20.4%|\~20.5% *(Index Benchmark)*|

677ITF

For people in their 20's and 30's are they just supposed to bet that VOO will always go up? We are at ATH's how do the newer generations know they are not buying the top

Cautious-Student1548

VOO is more stable than QQQ. It is gonna be hard to chill when the AI crash finally shows up and wipes away 2 years of QQQ gains.

stevishvanguard

VOO and chill because I see so many posts about people talking about crashes and bear markets, but Voo is up 10% year-to-day and is a safe long term buy and forget. For most people, this option is infinitely smarter than hand-picking stocks or trying to day trade. 

Ok-Adeptness-5834

QQQ is a much smaller subset of VOO and is dominated by tech. Tech is much more volatile

DarkVoid42

just use VTI/VOO and dont bother about any of this nonsense.

Superunknown999

Not quite. What you are looking for is let’s say you own VTI. That’s a total market fund. Let’s say it drops 10% and you want to tax loss harvest. You would sell VTI and buy a fund like VOO at the same time. While they are highly correlated, they are not tracking the same index so it is generally agreed this would not trigger a wash sale. Your performance would be fairly similar, but you would now have a taxable loss to carry for any future gains.

greenpride32

>The higher multiple is the part I don't really get. Are investors just betting Apple figures out AI eventually? A lot of rotation has gone into "safety" plays, to the point SCHD 12m trailing was beating both SP500 and NAS100. Just in the past few days or so NAS100 has taken back the lead. KO had been trading at similar or higher multiples than AMZN GOOGL MSFT NVDA. I sold a portion of my AAPL when it ran up (maybe $335-ish so didn't quite hit the top), as I think it's overvalued relative to others, in same way I sold some SCHD for VOO and QQQM. A company shouldn't be rewarded for not making CAPEX spend, it does nothing material to the bottom line. Also, it makes sense for AMZN GOOGL MSFT to invest heavy into AI as they are hyperscalers - CPU dominated compute is now becoming CPU + GPU. But AAPL has no business here.

SoldToOpen

It’s called VOO not /\\OO

JahMusicMan

I rebalanced last week after consolidating all my IRAs and one Roth. FWIW, both times when the transfer of assets happened, there was a dip in the market because of the Iran war and the assets were sold right before the small dip (we are talking like 4% S&P 500) and I just bought in on the dip and prices came back up and are even hire today (could go down tomorrow or next week or next month, no one knows) Ended up rebalancing: 45% Total US stock Market 25% Total International 15% Small Cap Value 15% Bond index fund. (I might lower this to 10% since I have way too much cash on hand and in t-bills in my brokerage). The reason why I rebalanced now though is because I received an inheritance and also I'm heavy MAG 7 in my brokerage account via META, MSFT, APPL plus index funds (VTI and QQQ and VOO (I know I know, they hold the same shit basically) and I can't rebalance without tax implications. Depending on how old you are and when you need the money, if you are a decade away or more from needing the money, then you are spending more mental energy sitting on the sidelines with that 25%. 25% on the sidelines is not going to move the needle IMO so you might as well rebalance now, and not have to worry about all the shit going on in the world. The whole purpose of asset allocation and diversifying is to help you get on with your life.

spilledonwhite

Similar here... my taxable yolo is mooning and I want to rotate into a defensive industrial I like but that one is non-stop mooning at all time high. My retirements I'm trying to trim momentum for VOO but momentum is still lagging and VOO is mooning. Can't decide if I should cut losses and buy VOO at all time high or keeping hoping for more risk-on rotation. Nothing looks like an obvious move. Don't want calls or puts.

D74248

You are going to get a lot of grief from people who are here to validate their membership in *The Church of VOO and Chill*. There are many ways to approach passive index investing that are alternatives to using the traditional market cap indexes. It is not a sin to take such a path, and you are not a heretic to pulling some money off the table while you rework your financial plan. In my own case, last August I changed from simple market cap indexes to fundamental indexes. And that has worked out very well. It helps to be agnostic when it comes to investing.

TheCheez-It

I'll keep my options open, but with 12-15% growth every year on VOO, I would only do it for fun.

I_work_too_much

VOO, but alternatively NOT chilling.

TheCheez-It

Showing up here out of habit but I'm VOO and chillin.

znightmaree

My investing rules: \* DCA $$$ bi-weekly (3x DCA into VOO on a 10% pullback from 52-week high or into individual equities on a 20% pullback from 52-week high until back within 20% of 52-week high) \* Up 50% ➡️ Trim 10% \* Up 100% ➡️ Trim 20% \* Up 150% ➡️ Trim 30% (then cycle resets to up 50% ➡️ Trim 10%)

joel_2025

Sell all your VOO! Wait for the drop and buy back. 😁

RoshaunH2o

Guys VOO IS FALLING

raekorx

better a) be having a $1M+ port or b) be 60+ years old if just sitting VOO

OilBull

VOO gang feeling like absolute gigachads rn. Sleeping easy. Enjoying our summer. Back to new ATH’s everyday.

crimeo

I already explained how he did... taxes on VOO would leave you with 525M by about now, and he has 350M. If you have 525M dollars, you would not have spent 175M of it over decades? That's a "lol, lmao" even from me

crimeo

I already explained how he did... taxes on VOO would leave you with 525M by about now, and he has 350M. If you have 525M dollars, you would not have spent 175M of it over decades? That's a "lol, lmao" even from me

Cartoonicorn

SCHD is more defensive than VOO, it gives a more dividend, but generally grows slower in the long run. Still, in a downturn it falls less, and re-investing the dividends aids in the growth over time. 

ereeec23

This might even help one degenerate then it’s worth it - there’s literally no point for 99% of us to NOT just VOO and chill

cowboy_shaman

Just invest in a S&P500 ETF like VOO or SPY. Set and forget it. Embrace compounding

YourChildhood5762

There is no argument against GOOG except that you shouldn't have more than 10% into it. Maybe a little more if you are more than 50% into a broad index like SPY or VOO or RSP.

DoinIt4DaShorteez

Oh that's unfortunate. I think that would depend on what its historical performance is vs. let's say just VOO. It's probably not as good, especially this year. You'd have to balance out the income tax savings each year vs underperforming by X% a year. If X is small enough then it may make sense to max the 401(k) but if X is big enough, it'd make more sense to out that money in a taxable account. Tough one.

Happy-Quail8758

VOO and 💤

brandnewmoo

Oh, are you saying if he VOO and chilled after making his fortune? Makes sense.

mmmauricioo

Right now I divide my investing money into 10% gold, 15% crypto, 20% VOO & QQQ, then 55% stocks I've chose, I've gotten lucky on some like OKLO, Intel, AMD, etc, they've gone up a lot. At the beginning I just wanted to at least get started and exposed to it, I really don't want to study stocks and markets all day so I just diversified like 99% of investors say if you don't want to be risky. Now that I'm here I'm starting to switch things up for the better yk?

crimeo

If he ended up roughly the same as VOO and he influences others to do what he did, then he didn't really have a more negative impact than suggesting VOO

crimeo

Not really, he has 3.5x that much, VOO was 7x, but that's if you completely ignore 1) taxes existing, and 2) Ever using your money to spend on anything which is kind of important for enjoying it and there being any reason in having it

Internal-Address3142

QQQ, VOO, SPY +2% by morning. I NEEEED this

StuartMcNight

He most definitely would have had plenty money if he had done that. Even BEFORE his jackpot during the housing win. He was already managing $600 million before doing the bet on housing. Those 600 million under management would be $6.4b today. With a substantial amount of his own. It’s really stupid to underestimate “VOO and chill” moving into the future. But it’s even more stupjd to do it retrospectively.

haminthefryingpan

He took home like $100million from the big short. VOO is up over 500% since 2010. I’m not great with math but I think he’d have a lot of money.

RagnarokWolves

They mean to invest in the S&P 500. Once you pick a brokerage you can invest in something like VOO which tracks the S&P 500 collection of companies.

DandierChip

He also wouldn’t have any money if he just VOO’d and chilled.

Throwaway_4_u_know_y

VOO

Routine-Shoulder5785

i told myself to never get into spy options, but after yesterday, i realized. It only takes one win. Then you VOO for the rest of your life.