VT

toydan

dang Explains the TSLA pump last few days. Model 3 RWD prices after state and fed incentives • VT: $26,320 • MA: $26,830 • PA: $27,330 • RI: $27,820 • DE: $27,820 • NY: $28,320 • CA: $28,330 • CO: $28,330 • CT: $29,030 • ME: $29,320

1000-Shares

This is probably unpopular for this sub -- as long as you won't need that $500 anytime soon, I'd take on more risk. Doesn't mean you need to pick individual stocks, but I'd put less in VT and SCHD and more into QQQ / SPY. Again, this is my suggestion as for what I'd do at 17.

Background-Depth3985

Buying a diversified index fund would be investing. VTI is an ETF (exchange traded fund) from Vanguard that literally owns a piece of every single company listed on the US stock market. Want to invest internationally? VT is their ETF that owns almost every company listed throughout the *world*, including the US. Buying one share of VTI or VT gives you instant diversification and you don't have to think about anything. You won't give a shit if a company goes bankrupt and their stock price tanks because you own over 2,000 other companies and won't even notice. Just buy as many shares as you can with each paycheck, hold for 20+ years and you will be a multi-millionaire.

LiberalAspergers

I say 3%, and I consider that aggressive. Also remember that ETF's can increase your exposure. If you have 50% in an S&P 500 index, you already have over 3.5% in APPL. Which is why I reccomend VT as your core position, greater diversification, to prevent inadvertant risk concentration.

danibrashearo6

COINBASE SIMULTANEOUSLY RECEIVES SHOW CAUSE ORDER FROM TEN STATES: AL, CA, IL, KY, MD, VT, NJ, SC, WA, AND WI. 28 DAYS TO CEASE AND DESIST ORDER, LADIES AND GENTS. $COIN Cathie Woods coming to a Wendy’s parking lot near you. Arkk lol what a joke

1hotjava

VT. That’s all you need

Ok_Host_5819

You could mimic this by just doing VT(international whole market etf) which is about 40% non US and then shifting into bonds some as you get older.

McKoijion

There’s nothing better out there right now. I use it for both gambling and long term holding. General tips for everyone: 1. Follow the Personal Finance sub’s Prime Directive about how to manage money. It’s in the sidebar. It’s a flowchart that tells you basic stuff like like how you should pay off high interest debt before low interest debt and that you should max out your 401k and IRA before investing in a taxable account. 3. Invest your real money in VT and BNDW or an equivalent. 4. Only gamble with a small amount of your portfolio and consider it to be consumption/entertainment, not saving/investing.

ember_throwaway771

At this stage, Vti is just fine. Some would argue forever. As you get older, you'll want to slowly add some bonds. No need to stress about it, you can take your time to read up on them. The people over at r/bogleheads can probably help. Just so you're aware of the difference, Vti = all stocks in the US market. VT = all stocks across the world. So VTI is making a bet on stocks listed on the US market. The thing is, many of those companies are global anyway and the government gives you a bit of a home court advantage with taxes if you invest in US vs rest of the world so that also helps to even things out. There are some ways to solve that but I think it's more work than is worth your time & confusion at this stage. Just buy your Vti, chill, and slowly read/study over the coming years. The only thing I would consider is, if this money is in a retirement account (e.g., 401k), it'd be way chiller to just use a target date fund. You just pick the date you expect to retire (for now, the year you'll turn ~65 is fine) and they'll handle the rest.. both stocks and bonds. You should NOT however have this in a non-retirement account, that will create a lot of taxes and cause you a lot of headache. Tl;Dr: Vti is fine for the taxable account. Use a target date fund for your 401k/ira. And check out r/bogleheads for future help and some stuff to read up on

OHIO_TERRORIST

It’s funny cause most people own apple if they have a 401k. * If you are invested in the SP500 apple is 7-8% (Spy, Voo) * Total US stock fund apple is 6-7% (VTI) * Total World Stock fund apple is 3-4% (VT) So it’s safe to assume we’re all holding.

ember_throwaway771

Wonderful. Great job again and happy for your success =]! As far as tech indices go, my personal opinion is it is not a good idea for most. It is still the same situation as picking individual stocks, only this time you are betting on whether an entire industry is priced correctly relative to it's future earnings. This should still live in your 1-2% "gambling" part of your portfolio (if you want one). I'll be straight with you, I do this for a living at a large shop with tons of phds, huge department budgets, expensive computers, etc. And most of us still lose. I wouldn't play that game unless I had way more money than I do.. Most of my money is in VT (with a couple caveats).

SuccessfulCrew661

No! You want to buy the whole haystack. Spy and QQQ have plenty of overlap and are only domestic. Get international exposure. It gets easier, just buy VT. ;)

wormtheology

Max out 401k match, Max out your Roth IRA, Allocate 80-90% of whatever else that’s left into your investing fund into VT and averagedown, and play with 10-20% to pursue stocks or indices you have high conviction on, fuck off for 20 years, profit.

Nosemyfart

Whoa, relax there. While this is a great tip, the chances of it being your ticket to financial independence is very slim to nil. This can be a good entry into a future of consistent contributions towards a healthy portfolio that grows for you over decades. You sound young, I could be wrong, but you sound young. How much do you need to live for 6 - 12 months? Do you have that saved? Do that first. If you do, just take the 1k and throw it into the S&P 500 or VTI or better yet VT (spend some time understanding what these mean). Learn what a 401k is, Roth IRA, traditional IRA. Continue making contributions to that consistently with money you work hard for and save. Continue increasing salary as much as you can and increase those consistent contributions. If you do this your goal of financial independence comes closer to fruition.

Kashmir79

I would choose VT because it already includes everything else you are considering.

DubFactory

VT and be

GreenBay_Drunk

Diversify more. VTI and VXUS, or just VT for more international and small cap exposure. The US won't be king forever.

BagofBabbish

The guy is asking about a concentrated crypto play and you offer VT. Don’t offer a salad when someone asks for pasta.

SuccessfulCrew661

Both are great. For greater long run reliability, get international exposure. VT is a fantastic option. Remember: We have no idea what countries will rise in fall (from stock return perspective) and betting on your home country experiences the likelihood that you may eventually experience a bad outcome on your concentrated exposure. Solution? Global diversification, lower your standard deviation & volatility without sacrificing your overall returns. It is a free lunch IMO. You would expect a rapidly growing economy in terms of their GDP growth rate to have higher stock market returns. A fantastic quantitative paper on why we should NOT expect continued US equity outperformance moving forward. https://images.aqr.com/-/media/AQR/Documents/Perspectives/The-Long-Run-Is-Lying-to-You.pdf?la=en&hash=D3D54F4C180A564D8227FBCFCEC3366E TLDR, Almost ALL of the US stock market outperformance relative to international from 1980 to 2020 is explained by the expansion of US price multiples relative to international price multiples. US businesses did not perform better in aggregate, but how expensive they were per unit of earnings increased more (2-3x more). Should we bet on that continuing ? It is probably unwise to assume that the expansion of price multiples in the US will continue to 2x-3x again when compared to international price multiples. Further reading related to why we should not expect continued US Out performance https://dx.doi.org/10.2139/ssrn.3689958 Using a bootstrap methodology on data from 38 developed markets from 1890 to 2019, a representative investor loses purchasing power in domestic stocks 13% of the time vs. 4% in international stocks. https://dx.doi.org/10.2139/ssrn.3964908

unknown-human-69

Congratulations on reaching 1000 Remove VTI and VOO,throw it all into VT

FuCKiNTowel

Be aware: VT is fucking boring.

donny1231992

Sell 60k of it and put it into VT or VTI and don’t touch it for 20 years Gamble the principle amount 20k onto more earnings.

mjoav

Returns depend on timing but I expect AVGE to outperform VT in the long term. Nothings guaranteed of course and either of these is a fine way to build wealth.

mjoav

Good work! My main piece of advice would be to keep things simple. You have several ETFs with a good amount of overlap. For example, VOO and VTWO are contained in VTI. VT and VTI will largely overlap in terms of US exposure as well. I’ll also say that if you’re interested in small cap exposure in particular, it’s my opinion you can do better than the Russell 2000. I like Avantis funds for their quality screens. If you are looking to invest in all equity markets with a tilt to small caps, then there are few simpler ways than to just by AVGE. The custodial accounts I have for my kids hold just that one ETF.

mukavastinumb

Boglehead would recommend VT. I say that if you are younger, go more aggressive, so VOO.

mukavastinumb

Congrats! If you want one advice, you don’t need VT, VTI and VOO. VOO is a subset of VTI and VTI is a subset of VT. Just pick one of them.

SirGlass

Depending on the ETF you are invested in its probably fine. Investing some broad based index fund like VT or VTI is fine, your eggs are not all in one basket they are in 3000+ baskets . The only thing to consider is investing 100% into stocks is risky in the short term so most people suggest re-allocating to some safer investments like bonds as you approach retirement. However one thing to note, most financial advisors don't try to "beat" the market , to do that you have to take extra risk , and most people don't want those risks. Most finacial advisors will lag the market because they are NOT trying to beat the market , they are trying to give you safer returns (less draw down in recessions , more stable predictable returns) and by doing this you will almost certainly lag the market in the long run.

Morty124

AVGE, It has the whole world with a small cap tilt, it will be a bit more aggressive VT but it is also easy and a good one stop shop.

1hotjava

drop it in VT

IAmNotNathaniel

what a fucking shitshow NY has been. maybe 10 years from now there will be a place in-state that's less than 45 minutes away where I can legally buy. until then, hello VT and MA! I really cannot imagine how they could have done a worse job.

holdencasey7

In terms of expected returns (expected, of course there’s no way to predict the future), QQQ would be lower than VOO. Something like VT would be even better if you looked into that

sowoky

Exposure to small and mid cal stocks. But why stop there? VT also gives exposure to international markets. NASDAQ < sp500 < total us < total world In terms of diversifying. Those same top NASDAQ stocks are still going to be a big part of all is them, but how big a part is the question.

1hotjava

VT

realmastodon2

Invest in VT and major finance and math. Work at a bank as a trader and play with the bank money.

tabspdx

Just put it all in VT and head over to r/BogleHeads.

thewimsey

Haven’t you read any of the hundreds of articles showing that 85% of fund managers can’t outperform the S&P long term? Did you think they were lying? >when you spend energy to build something that makes sense while others that just follow the flow get easy profits You “spent energy” doing something that makes sense to your in your mind - but that ignores huge amounts of data showing that it’s really really hard to beat the market in your mind. I don’t mean this in an insulting way, but you can’t “outthink” the market and you aren’t as smart as you think you are - you basically have a fairly naive diversification across a bunch of asset classes and are somehow assuming that because you’ve done this work (really, it’s not that much) you should outperform the market. But that’s not how it works. (And, seriously, gold?!) The market has always, always, always been driven by just a few big movers. If you fight the market, you will lose. Why not just buy VT (or equivalent) as your main equity holding, plus an international bond fund for whatever part of your AA goes to bonds (if you even need a bond allocation). If you *must*, use 10% as whatever kind of tilt you want.

thewimsey

Haven’t you read any of the hundreds of articles showing that 85% of fund managers can’t outperform the S&P long term? Did you think they were lying? >when you spend energy to build something that makes sense while others that just follow the flow get easy profits You “spent energy” doing something that makes sense to your in your mind - but that ignores huge amounts of data showing that it’s really really hard to beat the market in your mind. I don’t mean this in an insulting way, but you can’t “outthink” the market and you aren’t as smart as you think you are - you basically have a fairly naive diversification across a bunch of asset classes and are somehow assuming that because you’ve done this work (really, it’s not that much) you should outperform the market. But that’s not how it works. (And, seriously, gold?!) The market has always, always, always been driven by just a few big movers. If you fight the market, you will lose. Why not just buy VT (or equivalent) as your main equity holding, plus an international bond fund for whatever part of your AA goes to bonds (if you even need a bond allocation). If you *must*, use 10% as whatever kind of tilt you want.

thewimsey

Haven’t you read any of the hundreds of articles showing that 85% of fund managers can’t outperform the S&P long term? Did you think they were lying? >when you spend energy to build something that makes sense while others that just follow the flow get easy profits You “spent energy” doing something that makes sense to your in your mind - but that ignores huge amounts of data showing that it’s really really hard to beat the market in your mind. I don’t mean this in an insulting way, but you can’t “outthink” the market and you aren’t as smart as you think you are - you basically have a fairly naive diversification across a bunch of asset classes and are somehow assuming that because you’ve done this work (really, it’s not that much) you should outperform the market. But that’s not how it works. (And, seriously, gold?!) The market has always, always, always been driven by just a few big movers. If you fight the market, you will lose. Why not just buy VT (or equivalent) as your main equity holding, plus an international bond fund for whatever part of your AA goes to bonds (if you even need a bond allocation). If you *must*, use 10% as whatever kind of tilt you want.

LeastTension0

Buy VT

PapaCharlie9

> will there be any distinction between using: VT vs (VTI/VXUS) vx (VTI/VEA/VWO)? In terms of margin? No, they should all be equally marginable. But you are right to ask, because it is sometimes surprising which ETPs are marginable and which are not. I own some SLYV in a margin account at Schwab and for some unknown reason, about 20% of the shares are no marginable, for reasons I still don't understand. When in doubt, consult your broker and get confirmation that you get full margin equity for shares on those ETPs. FWIW and IMO, VTI/VXUS >> VT > VTI/VEA/VWO, in terms of diversification and trading off net fees and complexity. My own portfolio is a mix of VTI, VXUS, SLYV, BND and BNDX. > I may want to also sell options on this. **Oops, I should have read further**. The option markets on *all of those ETPs* is horrible, terrible, god awful. Avoid options on VTI, VT, VXUS, etc., like your life depended on it. My advice, don't trade options on those underlyings. By all means, use the margin equity to sell short puts or credit spreads on *other* underlyings, but avoid options trading on Vanguard ETPs.

McKoijion

VT

Ok-Raise-9465

Seeing a lot of advice in the comments but...unless I'm missing something, you haven't given enough information for anyone to be able to answer this... Are you well off, youngish, diversified outside of GOOGL, particularly in your (ideally maxed out) retirement accounts, and both working and plan to work for foreseeable future? If so, you could let it ride for sure You could also decide to let it ride and sell covered calls on it for some insurance (if you don't mind some manual work) However, if this GOOGL position is the big big bulk of your net worth and/or you're older than "youngish," personally, I'd develop a multi year plan to sell most of it and use the proceeds to buy something like VGT or VT (again, depends greatly on your larger situation) My reasoning for doing it multi-year would be tax management (avoid a huge gain in one year, ideally selling bigger chunks in years you have big write downs too) and avoid big sudden moves that may just lead to more headache and fixation on short term price swings... Again, it really depends on the details...

babyhuffington

VT

dogsrain

If I want to use a core portfolio for portfoliomargin, will there be any distinction between using: VT vs (VTI/VXUS) vx (VTI/VEA/VWO)? I'm interested in just buying, staying in the market, and leverring during opportunistic times. I may want to also sell options on this. Since I'm going to buy in big and hold for a lifetime, wondering if either-or choice should be preferred.

Clozaconfused

Go to the boglehead reddit page The advisable method is to diversity into Vtsax and vxus or VT. I'm not personally as strict about it. I would sell like 80% and place into a diversified index fund, vtsax plus vxus 75-25 split One thing I want to say is you might want to sell only like a few thousand shares at a time to.not have to pay millions in tax

lizerdk

It might take a few years to sell the position without getting whacked, but I’d be moving most (75%+) of that to VT ASAP

McKoijion

Their goal is to keep their assets under management as high as possible. Their entire fee structure is based around it. That incentivises them to limit their upside and downside. The people who pay them fees are fools, but I respect their salesmanship and hustle. 1000% in a year is possible if you're willing to take on far more risk/volatility than a normal person. Of course, it's extremely unlikely and very hard to replicate. We call this gambling for a reason. But someone here gets that return regularly. The funny thing is that there's a ton of competition in every other form of investing. There's much less in moronic longshot bets. Most people dumb enough to gamble don't know how to invest. They stick to lottery tickets and casinos where the odds are in the house's favor. WSB is special because it's full of people who know how to invest well, but choose to make stupid bets for the excitement. What matters most is the fees are low. You just use a dirt cheap index fund like VT for 99% of your savings, and you put 1% of your portfolio into an insane long shot gamble that you like. Meme stocks, crypto, 0DTEs, LEAPs, or even just shares in small cap companies all work. Then you just chill and cross your fingers. If you lose, you only lost 1% of your money and got a 7% or so return on the other 99% of your money. It's more volatile than what hedge fund managers promise, but you don't lose 25-50% of the total return to fees either. Remember that a 100% chance of $1, a 10% chance of $10, and a 1% chance of $100 are all mathematically equal. But there's usually a ton more interest in the 100% chance of $1. There's also a ton of interest in the lottery ticket chance of $100 million. But everything in between is usually less popular and therefore offers a better risk adjusted return.

Elewwoo

I have 70k in liquid cash. My TSP retirement is maxed out. I have an emergency fund set aside. I was at first considering either opening a Roth IRA back door or a taxable brokerage account and going with VT or VTI. However then I realized my wife has 50k in student loans (4.78%), and another 18k fed loans that are at 0% for now but otherwise 6%. I do not mind low interest debt, the idea of paying it down to have no debt doesn’t appeal to me if I know i have better long run options. That said 4.78% - 6% guaranteed seems like it may be my best way to invest right now. Would you agree?

suan213

85% VT and 15% BNDW - youll be good thats all you need forreal

McKoijion

I recommend using Robinhood to get the 1% match and putting all your money in VT.

the__storm

Buy SPY (or even VT). If AI is truly transformative, the increase in productivity will benefit most large companies. If not you keep up with the market. Trying to pick individual winners at this stage is just degenerate gambling - the obvious "shovel" choices (ASML, TSM, NVDA, AMD) are already all pricing in a huge AI bull run. _Maybe_ AMZN or GOOG have some upside left in them, on the back of in-house hardware designs, cloud services, and DeepMind, but I wouldn't bet on it. INTC is fucked in the short term but they might turn it around with a hail mary product like AMD did with Zen. Again I would not bet on it. At the other end of the spectrum, it's too early to pick from the AI-only companies like C3. Eventually ML systems will get super complex and probably proprietary, like cloud infrastructure did, and winners will emerge, but for now the technology is moving so fast there's no way to tell who will retain an advantage. Any large company or investor can put a team together with a couple million dollars and be less than a year or two behind.

Kyo91

Yeah buy VT. If AI is actually revolutionary, then every company will adopt it and you'll be better off. If it isn't, then you'll still be fine as always. If you had the means of actually getting in early, you wouldn't be asking reddit for advice today.

CampCosmos333

Buy and hold $VT until retirement. Kind of the inverse of nothing.

nyctrancefan

VT

gperg

VWCE is VT for Europeans

CrocodileGobby

If you invest in a broad market ETF like VT you are always a winner

PollywhirlProlapsed

Reddit tbh. I browse about 50 stock subs and comb through the stock ticker mentions. Then I run those tickers through Google and Seeking Alpha to get better idea of why they are suddenly being mentioned. 99% of the time it's paid ads or bagholders of dogs hit pennystocks. Sometimes there's literal insider information and occasionally you'll hear about pharma drugs that may get approved. This is great money and honestly not all that risky if you do enough research. Invest in companies facing FDA approval about 3 days before their approval and you easily see cool 100%+ gains. I'm sitting at 212% gains on TGTX my most recent pharma find. You can pretty easily stock pick for huge gains, and I'm tired of all these ancient motherfuckers on here saying you can't. Call me when my VT investment goes up 212% in one quarter lol. That being said still use index funds also. Risk is still a word in my vocabulary.

donny1231992

Investing in individual stocks is. Investing in the VT, or VTI is different. If that ship goes down, then everyone is feeling the pain. Not just you. You can win big or lose big on am individual stock

Little_NaCl-y

Pretty much. Honestly you can just buy VT and then add bonds (if you're older) and call it a day. Easy 2 funds.

TheBlackBaron

AVGV isn't a VT replacement. It's going full tilt on the value factor, so replacing VT with it would mean you're going 100% on large cap value and small cap value across the globe. Maybe that appeals to you, maybe not. AVGE is more of direct Avantis competitor to VT, with a light factor tilt and a US bias (it's 70/30 compared to VT's market weight ~60/40), and would be suitable to replace it. IMO, the use case for AVGV is similar to the use case for AVUV vis a vis VTI (or AVDV for VEA). You hold VT and use AVGV to tilt towards value/profitability, anywhere from 3:1 VT:AVGV to 3:2 to 1:1. Considering that unlike AVGE, AVGV's target weight is approximately global market weight, it makes a perfect pair with VT. Who knows, it might even be enough to get the orthodox Bogleheads to adopt it as part of a modern 3-fund: VT/AVGV/BND (or BNDW). The ultra-orthodox Bogleheads, of course, will still just be holding VTI and BND.

PM_ME_DANK

Most important thing you should do is to keep adding money regularly and keep buying VOO or VT or VTI. Second best thing you can do is to not look at it. Pretend it’s a subscription to your retirement. The more you add the earlier in your career the more time your money has to compound. The market doubles roughly every 10 years on average so the money you put in now gets about 3 doublings before you retire. The money you add in 10 years from now only gets 2 doubles, etc

c410bp

In a single stock though? Excluding VT, VTI, etc

McKoijion

Depends on what you’re trying to do. VT is the best investment for your real investment accounts. You just buy and hold it forever and you’ll get richer than everyone here. You can also use one of the many VT equivalents. QQQ is a solid way to bet on tech. It’s a big liquid ETF with a low bid ask spread. SPY includes all of mega cap tech, plus a bunch other stuff. I use SPY as my default position in my gambling account. Then I sell it and buy QQQ, TQQQ, or QQQ options if I want to gamble on tech. If tech goes up, QQQ will beat SPY. If tech goes down like last year, QQQ will underperform SPY. You can also buy the individual megacap tech names directly. Microsoft, Facebook, Apple, Google, Netflix, Tesla, Nvidia, Amazon, etc. are the companies that matter here.

McKoijion

VT is all the stocks in the world. VTI is small, medium, and large cap US stocks. SPY is all the large stocks in the US. QQQ is just the 100 biggest stocks on the Nasdaq. Since large cap tech is mostly on the Nasdaq, QQQ is often used as a proxy for US large cap tech. But there’s a bunch of other stuff in there that has nothing to do with tech.

Rapn3rd

Just sold half my shares and put the money into VTI and VT (Vanguard Total Stock and world stock etfs). I'm still along for the ride but I'm taking some profits and putting them in more stable long term vehicles.

McKoijion

Remember that in your 20s and 30s, your default position should be the global stock market at 1x leverage, not cash. So you should by VT or an equivalent as your baseline.

CrocodileGobby

VT and chill

harrison_wintergreen

> If your 15 fund portfolio has a correlation closely approaching 1 with an AA that is 100% VOO gonna scream if I see another question about "I have VOO, VTI, VT, IVV, QQQ SPY, VGT and VOOG ... what else do I need?"

deepturned180isdeep

With my Roth IRA and Traditional IRA I have primarily VTI. I will consider my brokerage account with VT and VTI, but I feel like I would have no diversification. Is it enough to be confident in just having all your money in one or two types of ETFs for 5-20 years? Also, I have AAMTX target mutual fund which has had a great ytd return. What about putting it all in there or a mutual fund? Thank you!

1hotjava

VT

CrocodileGobby

VT

astockstonk

I would have invested in VT and just leave it alone for a few decades.

plowt-kirn

I hope you're not paying this CFP. Dump them and go 100% VT or 100% VTI.

SkinnyPets

Short VT

ForAGoodTimeInvest

Although I like VOO and chill, I think that the US economy could face challenges from Europe, India, China and the likes in the next century. If you're investing for generational wealth, maybe VT is the way? Or a gold ETF?

Loosecun

VT & Chill?

catalinashenanigans

Just got a new job. Had a traditional 401k (~$50k, Merrill Lynch) and an HSA (~$8k, that I invested through TD Ameritrade) at my old job. My new job doesn't have a 401k or an HSA (but does have a pension). I also have a Roth IRA through Vanguard. Trying to figure out what to do with my 401k and HSA investment account. Is it worth rolling my 401k into my Roth IRA. I'm fine leaving my money where it is now if it makes the most sense. The money in my 401k is invested in a target date fund and my HSA account is invested in VT. 33 years old. I'm in the 24% federal tax bracket. What would you suggest I do?

axa88

Or simplify all that and just look at VT

i_like_my_dog_more

VT is a good place to start. It buys the whole worldwide basket. Do yourself a favor and check out these two books, in this order: * Richest Man in Babylon (yes it's almost a century old, yes it still applies) by George Clason * The Little Book of Common Sense Investing by Jack Bogle

maz-o

Same except I do VT/QQQ (80/20)

Mjoshwil95

No do not put all your eggs in one basket. I would like to know how long you are planning to invest your money but, I would recommend ETF over Stock picking. I'd pick VTI or VT as a starting point. Pick VTI (as it's the entire US Stock Market) if you believe in solely im US Stock Market. Pick VT (as it's the World's Stock Market) if you believe in the investing in the US and internet markets. One of these should serve as a core holding as this is gonna give you the return of the Market. You can then pick a dividend etf such as SCHD as it does pay a dividend every 3 months. The goal is to build a decent position in this etf so you can survive off the intrest and not touch the principal investment. Last pick a growth etf such SCHG or VUG for growth. As always do your research.

illusiveconsistence

You would put it where you always do. There's no such thing as "spare money" laying around. There's just money that you haven't invested yet and are waiting to. And index fund held over a 10-year or longer period would be a relatively safe bet with returns likely better than a long-term high yield savings account or CD. Even safer if you invest in a world stock index fund like VT. You're holding two biases in your question. * Dividend Bias: This bias is basically where you favor dividends over other stock because you think you'll somehow be earning more because of "regular" returns. If you compare it to a quarterly dividend stock, you may even get far better returns from that, dividends aside, but the monthly dividend aspect clouds your mind. You can always pull 0.2% from a VT or VTI index fund every month if you want some money "coming in" every month. * "Extra Money" Bias: This bias is basically where you stumble upon some money either in your home, an account you forgot about, or you're gifted it, or you inherit it etc. You psychologically feel that because it's not a large amount or that you maybe didn't earn it, that it's disposable and you can gamble it, whereas if it was a part of a larger sum, you'd likely be much more cautious and wise with how you invest it. In reality, your behavior shouldn't change just because you feel like it's "spare" money.

sharpiestories

When a company's market cap changes, how long does it take an ETF like VTI or VT to reflect that?

LiberalAspergers

Have done it, it is legit. The catch in the fine print is that if you transfer it out within 5 years, you lose the bonus. Given that the IRA I tranferred in consists entirely of VT, and it gets one transaction a year when I max out my annual contribution, the bid/ask spread doesnt seem very relevant. The bonus is considered interest earned by the account, so does NOT count towards contribution maximums.

onehandedbackhand

Well there's also the fact that a shitton of investors got burned with Luckin' coffee or BABA. I wouldn't touch individual Chinese stocks with a ten foot pole. VT gives me all the EM exposure that I'm willing to bear.

Lostfox404

Passive, diversified, self cleansing, low fee vanguard funds like VT or VTI are literally all anyone needs, anything else is just roulette without the free shrimp cocktail.

Sad-Flow3941

If you assume the US economy won’t dominate the world in 20 years(it probably will), straight VT is the better option.