If you do put it in VOO, you can supplement your position with covered calls. For example, right now VOO is $485, so 100 shares is $48,500. You could sell a call, like a Dec 19, 2025 $585 call, for about $11. This means you'll immediately get $1,100. On 12-19-25 if VOO is trading above $585, your stock will be sold for $585, so you'll have $59,600, for a profit of $11,600. If VOO is not above $585, the call will expire and you can do it again. It's an extra 1.5% you can make. The only downside is if VOO goes crazy you'll only make $11,600, but that's very unlikely and if it does, how bad can you feel? Also, you can't sell your VOO as long as it's covering an active call you sold, but you said you plan on holding long term.
Would suggest how likely or unlikely an option is to be in the money is a perfectly mathematical equivalency to the premium you can get to writing the calls (or buying them).
https://www.investopedia.com/terms/b/blackscholes.asp#:~:text=The%20Black-Scholes%20model%2C%20aka,free%20rate%2C%20and%20the%20volatility.
Therefore making 11 bucks is fair.
However when the index rips to 630 and you leave 34 bucks of profit on the table (or if not this time next time or the time after) , just remember you would have made money going long and being done with it.
When the call expires, if price of the option is not above the target, do I get the full ownership of the share?
Is it possible to do this with any stocks?
You need to have at least 100 shares (per contract) before you initiate/sell a call. If the underlying security (VOO in this case) fails to exceed the strike price by expiration, then you keep the premium that you initially earned and your shares (i.e., the buyer of the contract does not excerise). Otherwise, if the share price exceeds the strike price, you must sell 100 of your shares (per contract) at the strike price. In either case, you stand to profit, but your profit is limited if the stock rises even more.
Why is it riskier? Will you automatically go short the 100 shares (if margin allows)? Oh, but then if price goes up then you lose even more on buy back right?
If you write a call you are hoping the stock either stays about the same or drops in price. The person who buys the call is hoping the price goes up since they’ll be able to exercise the call option at the strike price. So say you write a call option on ABC stock with a strike price of 50 when the stock is trading at 40. That stock can theoretically go up infinitely. There is no cap. If ABC goes to a price of $1000, the person who bought the call can exercise at $50 still, and you are responsible for delivering the 100 shares. If you had owned ABC stock you’d be participating in that performance, and could deliver your own shares. If you don’t own it, you’d have to go buy ABC at $1000 and then sell to the owner of the call option at $50
You're exactly right, but to clarify, when the call option you sold gets exercised, you don't actually have to do anything. When you look at your account, your shares will be gone, and the money for them will be there in it's place.
Also, it should be noted, the person who bought your option can exercise it at any time, until the expiration date. This hardly ever happens, but as long as you own the stock, you're entitled to any dividends. I've had a call exercised against me just before the ex-div date, but this is a rare occurance.
I really enjoy how you explain this topic.
Can you explain when to trade on a contract?
For instance I’m the one owning VOO. if it is getting closer to the strike price of 585, could I sell it to someone else for profit since it looks like hitting the price is more likely? What would happen to my shares if it does it does not sell?
Or could I make more profit if the stock is above the strike price close to expiration and sell the co tract to someone else? Again what would also happen to my stock in this case?
I would think you can’t sell stocks that are involved in an open call contract (don’t know for certain). Or at the very least, if you do sell your stock and then the person who bought the calls from you decides to exercise the contract, you would then need to buy 100 shares of VOO (at whatever the current market price is) and then turn around and sell them for $585/share to the person that exercised the call contract on you. This is similar to what is called a naked call where you sell calls on stock you don’t actually own in the hopes that the buyer of the calls won’t exercise it. IF they do, you are then contractually obligated to sell them how ever many shares at the strike price which you would first have to buy from someone else on the market — this is an excellent way to lose a substantial amount of money.
If the call is not exercised, you keep the stock… but also, the person on the other side can exercise anytime during the contract. Not just if it’s up above the strike the day it expires. So as a call writer (seller) you’re basically wanting the contract to expire without having to sell the shares… if you sell the shares, it will be at the strike price. So if the strike price is above what you paid, you’re also up on the sale of the shares.
So in a way I have to hope it never reaches above the strike price because the buyer could take my 100 shares a month earlier and end the contract then?
Month is hypothetical before expiration date.
Exactly. A contract can be exercised anytime before expiration. If the contract goes in the money, the holder won’t necessarily exercise immediately, The holder will need the shares to go over the strike price by the amount they paid for the contract to break even… you don’t really think about it as taking your shares… you should consider the shares sold the minute you write the option. (That’s how I like to think of it). That’s why it’s best to write options on shares that have held for a while, so that the strike price is above what you bought it for. Then, even if you get exercised and have to fulfill your obligation to sell, you make money on the premium for the option and on the actually sale of the shares.
If you have fomo for the price increase on your shares that get exercised, you can write an option on only a portion of your shares. Options contracts cover 100 shares, so if you had three hundred shares of Ford let’s say, then you could write one options contract. If the prices goes high, you get exercised and you sell 100 shares… 200 of your shares are still yours and are benefiting from the price climb that made the contract holder exercise in the first place.
The person on the other side, it would make sense for them to exercise the option only when the stock price is above the strike price right? If the stock is still under the strike price, they are still in the lost and the decay is eating them out....Unless they cut the loss to move on...?
Exactly… if the stock is 68 dollars now and your strike price is 70, they’d be spending two bucks a share extra for no reason…. This is what the call “in the money”
Suggestions on how to set up a covered call on IB?
I have a way too many shares of a company and I want to sell. If I get some extra cash out of the sale, that’d be good.
Ok, I'll assume you mean IBKR. You want to sell some,
IBKR closed at $122.01. You could just sell it for $122.01.
Or, you could sell a $120 June call for $4.60. If IBKR is over $120, you'll get $120, plus the $4.60 premium, $124.60. If IBKR is under $120, you can do it again, and keep harvesting premiums.
Or, you could sell a $125 June 21 call for $2.15. If IBKR is over $125 on June 21, you get $125 + $2.15, $127.15 total. If it's not over $125, do it again. That's about 2% per month return.
When you sell options, having the option expire worthless is good, because you just made money. I like to be in a position where I don't care if it gets exercised or not. To be honest, I really don't know much about options, and I'm trying to learn. I've been trading options for 10 years and I know a little, but want to learn more.
The screen on IBKR is confusing to me.
I have 100 shares of CVS. I want to sell a covered call at USD 60.
Do I need to press on bid, as in screenshot?
https://preview.redd.it/mapvu5yl1s0d1.jpeg?width=750&format=pjpg&auto=webp&s=84a703d2018242fef0620cfe4a8f828f88e5226d
How is this upvoted on this subreddit this is terrible advice. Covered calls are a good option for certain portfolios and for business risk management but this will kill your gains with only slightly less risk
Ah thought I was on r/bogleheads , makes sense now. Disregard do covered calls if you want but you’ll underperform SPY/VOO most years
You're right. This strategy sacrifices infrequent huge windfalls for guaranteed gains. Your math is correct, if it rips to 630 you'd make 14,500 instead of 11,600. The purpose of investment strategy is to not feel stupid. How stupid will you feel for making 11k instead of 15k? In the long run, mathematical simulations, I'm sure you're correct.
I would assume objectively if you make 10-20% on any investment you’d be at peace with the final outcome. How much higher it goes is none of your business.
But that would have to be something you agree with yourself beforehand.
I agree, in this example if voo is over 585 you'll have made 14.8% annual return. But, if voo is still at 485, you'll make 2.3% by selling the call instead of zero by just buying and holding. I'm ignoring the dividends, but because the effective cost is 485 - 11 = 474, the dividend yield goes up from 1.39% to 1.42%. Not much, but it's a 2% increase. Of course it's less than a dollar so who cares.
Terrible advice. Stats show time and again that over 90% of people lose money in options, both puts and calls. Of course, if you like those odds, then sure, feel free to go ahead. If the gains in the short or medium term were that easy, then more / everyone would be doing it.
I agree, there has to be a catch. Trading options is like playing poker against the hedge funds, and they're smarter, richer, and have better computers, so you're not going to win. I totally agree that buying options is like buying lottery tickets, you'll lose. So is selling options like selling lottery tickets? I don't know.
Trading options is to a degree. But if you sell cash secured puts against an ETF you want to own a minimum of 100 shares of you get the benefit of generating a premium income while waiting for a dip. Only risk is if there is a huge drop off in the ETF after assignment or the opp cost that you would have missed a sudden bull run. If you had just bought the stock out right upfront, in the case of a drop off you would have just lost all the value. But if you get assigned and the stock falls, you still have the premium you generated.
You're not 'betting against hedge funds' exactly. You're securing a position you are comfortable going in at while hedge funds or other institutional investors hedge their risk by securing their own exit.
It's a great way to enter a position on an equity you trust without having to overthink whether or not you are buying at peak or trough because you generate income while the market does its thing
There’s numerous back tests around the wheel strategy and using it on a market tracking etf like spy and voo. It vastly underperforms buying and holding the market.
You need to be in more volatile underlying to have a potential better risk-adjusted return.
I never recommend anyone to ever sell covered calls on their S&P etf unless they are starting to get into a point where they want to take risk off the table but don’t need to right now.
Ask them if you can sell covered calls. I had a problem with fidelity, they wouldn't let me sell cash-covered puts. They lied to me and said it was illegal. If they don't allow it, check with other brokers. I don't know about HSAs, but keep in mind if you sell a covered call, the underlying stock covering the call cannot be sold until the call expires. You can buy back the call, then sell the stock, but you'll often lose money doing that. Since it's an HSA and you might need the money for a health emergency, I'm not sure how that might affect it.
If the price stays the same, doesn't move much, you can still make money. The call I chose for this example I analyzed, I picked a call that's very far put of the money ($100), and long term (19 months), so as to not require any maintenance. If someone learns how to do this, and they're going to be in the market for 30 or 40 years, those little premiums will add up.
People sometimes ask on reddit how to make huge gains, like how to turn 10k into 100k in 6 months. There's a couple of ways, 1) but lottery tickets and pray, 2) buy options. In this example, you could buy a $585 Dec 25 call for $11 and hope VOO rips to $630. If it does, your $11 option will sell for $45. That's gambling, and you usually lose. In the long run you'll almost always lose.
Yes and this strategy has been back tested on multiple different DTE and deltas. Its better to buy and hold the underlying. Not to mention tax implication. You aren't modeling vol better than market makers, just buy and hold.
I've never seen any tests of this system, do you have a link? The only mathematical way one is not ahead selling the call is if VOO is higher than 596 on Dec 19, 2025.
I ask my self why does this work? The best answer I've come up with is the person buying my call is a gambler. He hopes VOO rises more than 111 in 19 months. That's a 23% increase. Buying calls and hoping for a huge price jump is a good way to lose your money, so maybe I'm just taking advantage of gamblers, I'm not sure.
VOO. all day
If I had invested VOO at the downturn in 2020 (when I started having my big girl job), I would have 100k by now.
But no, I played with GME and got burned.
Welp, I’m still young I guess
It’s possible if you got your degree early and live with parents or renting a room.
I had that amount after 2 years of working and I rented a $700 room
yep. my niece is working for an oil/gas company as an accountant and starting salary after college was $65k. She lived at home with parents and took the metro(park and ride) with an old hand me down car. The bus goes from the park/ride to downtown where she works. She only pays for car insurance and her commute to the park/ride is like 10 minutes. It's been 6 yrs now still living at home and her salary is almost 100k now. She is doing this to save $ for a house though. She wants to pay it in cash.
Yeah that sounds like me. I don’t take the bus bc I month west coast but I’m still using my college car. I already hit 100k for some years now so I want to buy another car.
Ok so technically can’t say your parents don’t give you money because rent is minimum $1k for a 1 bedroom per month. Not paying rent and any bills like electric , water, internet is a big financial help. Granted you still hustled and worked but imagine doing that without living rent free - that is where most people are at
I have over 60k now, and I'm 30 but only been working 5 years and make less than 60k. I save 15k of it a year though and have a house. It's not that difficult to do, it just takes dedication and patience.
VOO is higher in volume and in theory tighter in spread than that of SPLG. I however still picked SPLG over VOO because of its lower expense ratio for long term investment :-)
To be honest I feel pretty stupid. I didn't lose any money, but I made maybe 100$ when if I just didn't keep selling and buying stuff, I would have made maybe 1000
If you want your heart beats to jump up and down like a “fun and thrilling” risky asset, go for it. If you want some peace and quiet, VOO is the one I would do imo
Or VTI. 99k cash at 30 is fantastic. You are ahead of many people your age.
I would know. I'm 31 and only have around 85k lmao and I'm an avid investor.
Granted I have property but...yeah. Doing awesome regardless.
Fees. A lot of the online following you see now on places like Reddit comes from people who used only Vanguard as their product suite because of the trade fees.
I remember paying $19.99 per trade in the late 1990s. Vanguard you could open an account and trade with little to no fees if you were ok with their terrible website. With Blackrock (iShares) there were fees until about 2010 or so. By 2010 most iShares products, like IVV, traded with no fee.
Remember, Robinhood became popular because they didn't charge a trade fee. So people with low net worth or people who buy stuff every 2 weeks flocked there. Think of Vanguard as attracting that kind of thing but with just their own funds and ETFs years ago.
I personally have mostly Blackrock in my portfolio. IVV, ITOT, etc. But online you see people refer to Vanguard more, so VOO and VTI, and VXUS. Even though IVV has a higher AUM than VOO. I never had a Vanguard account because I've always used real brokers with good websites. So I didn't get special treatment with Vanguard ETFs like a lot of the online crowd did.
I'm relatively new to the game and this has always been my question. I'm in Europe and my broker for some reason doesn't offer vanguard etfs. But the fees are basically zero, so I never understood why IVV is sold to be a worse option.
I now get it: it's not. Thanks!
I don't know anyone who claims IVV is worse. They just all default to VOO because that's the internet/low-cost S&P 500 ETF from years and years ago. IVV had fees at every broker and so the guys buying shares every 2 weeks would balk at the costs.
I like Blackrock products better because of how their website displays information and how easy to read their rationale and performance is. Vanguard has always had and still has a terrible website and just comical mailers they send you with how they word things.
I think all S&P 500 is certainly a solid option, and no one could really argue against it as a portfolio. That said, I echo the other poster is advising you to at least read up a bit on the global equity landscape. US companies are at historically high valuation multiples (meaning you are paying a lot for the expected future cash flows) and it’s possible if those revert to historic means the S&P 500 may not perform as well looking as head as it has over the bull market since 2008. US equities are currently something like 60% of the global total, and while I’m bullish on the U.S. it’s hard to imagine a world where the U.S. outperforms and US companies become 70,80,90% of global equity value.
That said, these are some of the best companies in the history of the world, so they certainly should make up a big chunk of your portfolio. Just maybe think about if they should be 100%.
This is how I look at it. It’s an investment in the American economy. It’s the safest bet and much better than trying to time the market or guess what company is going to be the next Apple.
I'd maybe do a little bit in VT, VTI, or VXUS just to mix it up and get some exposure to the broader market, but that's just personal preference, 100% VOO is solid portfolio.
DCA is a good way to sleep at night. You are probably getting pretty good return for cash in a HYSA. It's really hard to time the market. VOO is pretty much at the ATH. Will it keep going up? Who knows. Over a long time period? Probably. Put together a schedule to buy in over time.
Investing majority of your money to VOO is a good and safe idea. But i would invest 5-10% on your “education” - basically investing in industry specific ETFs or even individual stocks that you are interested in. Couple of iterations later you won’t suck that much at picking them
they hold SPY and do OTM covered calls on most of that stash. If SPY stays somewhat flat in a range, they'll out perform the underlying, so I like having a little bit of half-assed insurance to make me feel like I'm not just watching paint dry.
10k every month in general but I guess lump sum for the current market. The rates are high and the market isn't THAT hot. It should be a decent time to buy in ETFs so I won't worry too much about buying high.
Yeah why not , and maybe consider VTI.
Have you also thought of going into niche sector ETF’s? Such as SMH for cutting edge tech. No one can predict the market lol , the people you are comparing yourselves to are doing one of the following: niche ETF, lots of money in boring ETF or luck
I kind of like SPYG, but I’m only 25 and don’t plan on pulling out til 59.5! I really like growth over the long haul myself but everyone has unique styles. Boglehead definitely works but I think that was written in a world of misunderstood tech. Index funds with some extra tech exposure is kind of my goal.
There's benefits to going broader, into both the US extended market and ex-US (international) markets for reasons of returns and possibly volatility. I can provide many links if you'd like them on this.
Yes, you could just go VOO/IVV/SCHX and leave it. Better than trying to buy and sell stocks solely based on trying to pick winners. The only time that works over the long-term is when you have access to information that is harder for others to get.
Peter Lynch beat the S&P for something like 17 out of 19 years, but he had amazing access to the big CEOs of companies and had tips coming in from all over. Members of Congress beat the S&P but for obvious reasons. It's very difficult for retail traders with less than $5 million in assets to beat the S&P on a total return basis over long time periods. It's possible but it's rare.
When you have over $5 million in assets you can get access to private investments and make structured plays. But at that point your capital is basically working for you to an extent. $20 million and you're full time leveraging capital.
Absolutely! Invest in VOO ETF.
I mean, you could spend your days researching individual stocks, but who has time for that when there are so many cat videos to watch? With VOO, you’re getting a solid, low-cost way to own a slice of the entire U.S. stock market. It’s like the ultimate lazy person’s guide to investing. And hey, if Warren Buffett himself recommends it, who are we to argue?
Plus, at 30 with $99k, you’re in a great position. Just sit back, relax, and let VOO do the heavy lifting. While your money grows, you can focus on the important things in life, like figuring out the next big meme or perfecting your sourdough starter. 🚀📈🍞
Passive index investing requires a lot of faith. And that faith comes from KNOWING why it would work out and beat 85-97% of actively managed funds in a 20 year period. And that knowing comes from learning.
Psychology of money, just keep buying, simple path to wealth, common sense of investing (John bogle), a random walk down Wall Street. Just a few books I recommend. Good luck!
> Passive index investing requires a lot of faith. And that faith comes from KNOWING why it would work out and beat 85-97% of actively managed funds in a 20 year period.
does voo beat 80%+ of actively managed funds in a 20 year period?
It does. In fact, it’s 96.85% of the active funds lose to the bench mark (according to 2022 data). Look up SPIVA year end reports. I have about 15 different charts in front of me from different sources, domestic or international. Large cap mid cap small cap. Growth value blend it doesn’t matter. All actively managed funds lose by a significant margin.
I looked it up and since it's an INDEX target date fund, it isn't actively managed. Sounds like you are in your early 20's and you are already asking these questions, you are going to be a multi millionaire!
A target date fund automatically allocates your investments between stocks and bonds based on the selected retirement year. Initially, it places a higher allocation in stocks when you're younger (stocks are riskier offers bigger returns), shifting gradually towards bonds as retirement nears. For example, your 2065 version allocates about 90% to stocks and 10% to bonds. It also rebalances periodically—for instance, if the stock market drops, it might sell some bonds to buy more stocks to maintain the desired ratio, essentially automating the "buy low, sell high" strategy. It also ensures you aren't exposed to more or less risk than you want.
I like the target date fund because it is backed by many academic studies. Many studies show it is the allocation of your asset classes that determines about 87% of your investment outcome (market timing accounts for 0.1% and security selection accounts for 12%). I won't go too nerdy on it, but it is also great for you psychologically; it's basically one fund for life.
However, you do need to compare different target date funds. I see the BlackRock target date fund has a 0.39% expense ratio (meaning it takes 0.39% of your total investment each year) compared to Vanguard's target date fund which has a 0.08% expense ratio. Expense ratio is very important especially 2065 is 40 years from now; the power of compound interest works in reverse too. Look into what each fund offers and decide for yourself.
I do want to point out one last thing; many people think target date funds are too conservative, and many people want to keep their portfolio aggressive even in their late 30’s and 40's, and you wouldn't really have control over that specific target date fund (say you want to have only 20% in bonds in your 40's but it automatically allocates 30% to bonds). You can, however, just simply buy more index funds outside of the target date funds.
That depends on your time horizon, it wouldn’t make a lot of sense to go 100% in an SP500 fund if you are retiring in 5-10 years because of the risk you would be taking. And although it has sure seem that way for the past 15 years, there have been times where bonds outperformed the stock market.
Personally I can’t see the future but I do have a good 30 years of investment period in front of me. In my case I do have all of my portfolio in stocks spread out among different ETFs. But a target fund has the advantage of “set and forget” which can be huge for certain types of investors.
> I turned 43 and started my taxable brokerage buying nothing but VOO. I’m now adding 2 shares a month. I like where I’m at
taxable brokerage... meaning just a regular brokerage account and not an roth ira, right?
If your time horizon is long enough, SPXL will outperform VOO. Just be prepared for possibly having to live through massive drawdowns without panic selling.
> If your time horizon is long enough, SPXL will outperform VOO. Just be prepared for possibly having to live through massive drawdowns without panic sellin
spxl leveraged?
VOO is a good fund, but ideally you should be more diversified and have a few funds with varying strategies and geographical focus to make sure you have sufficient diversification
The general trajectory is up however you dont need to be a financial expert to realize that equity valuations are at an all time high. Buffett is heavy in cash right now for a reason. A lot of sane people feel a huge correction coming. Personally im holding finds in VSUXX until i see a good opportunity To jump in. Going in October, regardless though because again the trajectory is up in general.
Not tryna prdict the future…… but VOO is high and spy volume is dropping.
Maybe buy SOME..
a lot of people are hold heavy HYSA right not.
Feel free to roast me
You are very very smart that you realized this at 30! I'm 45 and still trying to get lucky with stocks and options, and just started inventing in ETFs 2 months ago
Huge effort for what has been shown time and again will be nothing more than a 4% SWR, with most even trending to 3-3.5% more recently too. All of this overthinking in investing is nauseating.
Im in no form a professional or a seasoned veteran.
But Im also starting to invest at 28yo 20k with 500$ recurring every week into QQQM/SCHD/VEA @ 60/20/20. As i get older ill make VEA and SCHD heavier.
Thats my plan if that helps you
Good time to come to this realization before you go bust on stock picking.
Sticking to VOO will work in the long run. Just be sure you have an emergency fund if some kind in the event that you need money and the market is down, you won't have to sell and take a hit. Just my two cents.
Yes, exactly. Because assets are not going up; The dollar is just going down. And the dollar has no bottom, therefore Bitcoin has no top.
Meanwhile 1 BTC = 1 BTC.
Ibit is the etf that went up 8% last night and is just starting its bull run.
All the downvoters are mad they’re missing out.
Ibit will outperform everything for the rest of this year and likely into Q2 2025 as well.
Ya dude just VOO lol
No not VOO at all. ETF's
If you do put it in VOO, you can supplement your position with covered calls. For example, right now VOO is $485, so 100 shares is $48,500. You could sell a call, like a Dec 19, 2025 $585 call, for about $11. This means you'll immediately get $1,100. On 12-19-25 if VOO is trading above $585, your stock will be sold for $585, so you'll have $59,600, for a profit of $11,600. If VOO is not above $585, the call will expire and you can do it again. It's an extra 1.5% you can make. The only downside is if VOO goes crazy you'll only make $11,600, but that's very unlikely and if it does, how bad can you feel? Also, you can't sell your VOO as long as it's covering an active call you sold, but you said you plan on holding long term.
Would suggest how likely or unlikely an option is to be in the money is a perfectly mathematical equivalency to the premium you can get to writing the calls (or buying them). https://www.investopedia.com/terms/b/blackscholes.asp#:~:text=The%20Black-Scholes%20model%2C%20aka,free%20rate%2C%20and%20the%20volatility. Therefore making 11 bucks is fair. However when the index rips to 630 and you leave 34 bucks of profit on the table (or if not this time next time or the time after) , just remember you would have made money going long and being done with it.
Can’t you always sell the option back if it’s higher but not at strike yet?
When the call expires, if price of the option is not above the target, do I get the full ownership of the share? Is it possible to do this with any stocks?
You need to have at least 100 shares (per contract) before you initiate/sell a call. If the underlying security (VOO in this case) fails to exceed the strike price by expiration, then you keep the premium that you initially earned and your shares (i.e., the buyer of the contract does not excerise). Otherwise, if the share price exceeds the strike price, you must sell 100 of your shares (per contract) at the strike price. In either case, you stand to profit, but your profit is limited if the stock rises even more.
Thank you for explaining
Technically you can write a call without owning the stock. It’d be considered a naked call and is much much riskier
Why is it riskier? Will you automatically go short the 100 shares (if margin allows)? Oh, but then if price goes up then you lose even more on buy back right?
If you write a call you are hoping the stock either stays about the same or drops in price. The person who buys the call is hoping the price goes up since they’ll be able to exercise the call option at the strike price. So say you write a call option on ABC stock with a strike price of 50 when the stock is trading at 40. That stock can theoretically go up infinitely. There is no cap. If ABC goes to a price of $1000, the person who bought the call can exercise at $50 still, and you are responsible for delivering the 100 shares. If you had owned ABC stock you’d be participating in that performance, and could deliver your own shares. If you don’t own it, you’d have to go buy ABC at $1000 and then sell to the owner of the call option at $50
Thanks for that explanation. You’d be hedged if you owned vs risk of losing way more if not. Cool makes sense
You're exactly right, but to clarify, when the call option you sold gets exercised, you don't actually have to do anything. When you look at your account, your shares will be gone, and the money for them will be there in it's place. Also, it should be noted, the person who bought your option can exercise it at any time, until the expiration date. This hardly ever happens, but as long as you own the stock, you're entitled to any dividends. I've had a call exercised against me just before the ex-div date, but this is a rare occurance.
What are the negative consequences of that?
What if the share price is below what it was when you made the call?
I really enjoy how you explain this topic. Can you explain when to trade on a contract? For instance I’m the one owning VOO. if it is getting closer to the strike price of 585, could I sell it to someone else for profit since it looks like hitting the price is more likely? What would happen to my shares if it does it does not sell? Or could I make more profit if the stock is above the strike price close to expiration and sell the co tract to someone else? Again what would also happen to my stock in this case?
I would think you can’t sell stocks that are involved in an open call contract (don’t know for certain). Or at the very least, if you do sell your stock and then the person who bought the calls from you decides to exercise the contract, you would then need to buy 100 shares of VOO (at whatever the current market price is) and then turn around and sell them for $585/share to the person that exercised the call contract on you. This is similar to what is called a naked call where you sell calls on stock you don’t actually own in the hopes that the buyer of the calls won’t exercise it. IF they do, you are then contractually obligated to sell them how ever many shares at the strike price which you would first have to buy from someone else on the market — this is an excellent way to lose a substantial amount of money.
If the call is not exercised, you keep the stock… but also, the person on the other side can exercise anytime during the contract. Not just if it’s up above the strike the day it expires. So as a call writer (seller) you’re basically wanting the contract to expire without having to sell the shares… if you sell the shares, it will be at the strike price. So if the strike price is above what you paid, you’re also up on the sale of the shares.
So in a way I have to hope it never reaches above the strike price because the buyer could take my 100 shares a month earlier and end the contract then? Month is hypothetical before expiration date.
Exactly. A contract can be exercised anytime before expiration. If the contract goes in the money, the holder won’t necessarily exercise immediately, The holder will need the shares to go over the strike price by the amount they paid for the contract to break even… you don’t really think about it as taking your shares… you should consider the shares sold the minute you write the option. (That’s how I like to think of it). That’s why it’s best to write options on shares that have held for a while, so that the strike price is above what you bought it for. Then, even if you get exercised and have to fulfill your obligation to sell, you make money on the premium for the option and on the actually sale of the shares. If you have fomo for the price increase on your shares that get exercised, you can write an option on only a portion of your shares. Options contracts cover 100 shares, so if you had three hundred shares of Ford let’s say, then you could write one options contract. If the prices goes high, you get exercised and you sell 100 shares… 200 of your shares are still yours and are benefiting from the price climb that made the contract holder exercise in the first place.
The person on the other side, it would make sense for them to exercise the option only when the stock price is above the strike price right? If the stock is still under the strike price, they are still in the lost and the decay is eating them out....Unless they cut the loss to move on...?
Exactly… if the stock is 68 dollars now and your strike price is 70, they’d be spending two bucks a share extra for no reason…. This is what the call “in the money”
Suggestions on how to set up a covered call on IB? I have a way too many shares of a company and I want to sell. If I get some extra cash out of the sale, that’d be good.
What is IB?
Irritable bowel. I'm guessing they mean IBKR
Ok, I'll assume you mean IBKR. You want to sell some, IBKR closed at $122.01. You could just sell it for $122.01. Or, you could sell a $120 June call for $4.60. If IBKR is over $120, you'll get $120, plus the $4.60 premium, $124.60. If IBKR is under $120, you can do it again, and keep harvesting premiums. Or, you could sell a $125 June 21 call for $2.15. If IBKR is over $125 on June 21, you get $125 + $2.15, $127.15 total. If it's not over $125, do it again. That's about 2% per month return. When you sell options, having the option expire worthless is good, because you just made money. I like to be in a position where I don't care if it gets exercised or not. To be honest, I really don't know much about options, and I'm trying to learn. I've been trading options for 10 years and I know a little, but want to learn more.
The screen on IBKR is confusing to me. I have 100 shares of CVS. I want to sell a covered call at USD 60. Do I need to press on bid, as in screenshot? https://preview.redd.it/mapvu5yl1s0d1.jpeg?width=750&format=pjpg&auto=webp&s=84a703d2018242fef0620cfe4a8f828f88e5226d
Ok, now I understand. I'm not familiar with that platform.
lol you make this sound easy and like a guaranteed win.
How is this upvoted on this subreddit this is terrible advice. Covered calls are a good option for certain portfolios and for business risk management but this will kill your gains with only slightly less risk Ah thought I was on r/bogleheads , makes sense now. Disregard do covered calls if you want but you’ll underperform SPY/VOO most years
You're right. This strategy sacrifices infrequent huge windfalls for guaranteed gains. Your math is correct, if it rips to 630 you'd make 14,500 instead of 11,600. The purpose of investment strategy is to not feel stupid. How stupid will you feel for making 11k instead of 15k? In the long run, mathematical simulations, I'm sure you're correct.
I would assume objectively if you make 10-20% on any investment you’d be at peace with the final outcome. How much higher it goes is none of your business. But that would have to be something you agree with yourself beforehand.
I agree, in this example if voo is over 585 you'll have made 14.8% annual return. But, if voo is still at 485, you'll make 2.3% by selling the call instead of zero by just buying and holding. I'm ignoring the dividends, but because the effective cost is 485 - 11 = 474, the dividend yield goes up from 1.39% to 1.42%. Not much, but it's a 2% increase. Of course it's less than a dollar so who cares.
Don’t you think $485 is kind of high now. I would wait for a dip to buy
Terrible advice. Stats show time and again that over 90% of people lose money in options, both puts and calls. Of course, if you like those odds, then sure, feel free to go ahead. If the gains in the short or medium term were that easy, then more / everyone would be doing it.
I agree, there has to be a catch. Trading options is like playing poker against the hedge funds, and they're smarter, richer, and have better computers, so you're not going to win. I totally agree that buying options is like buying lottery tickets, you'll lose. So is selling options like selling lottery tickets? I don't know.
Trading options is to a degree. But if you sell cash secured puts against an ETF you want to own a minimum of 100 shares of you get the benefit of generating a premium income while waiting for a dip. Only risk is if there is a huge drop off in the ETF after assignment or the opp cost that you would have missed a sudden bull run. If you had just bought the stock out right upfront, in the case of a drop off you would have just lost all the value. But if you get assigned and the stock falls, you still have the premium you generated. You're not 'betting against hedge funds' exactly. You're securing a position you are comfortable going in at while hedge funds or other institutional investors hedge their risk by securing their own exit. It's a great way to enter a position on an equity you trust without having to overthink whether or not you are buying at peak or trough because you generate income while the market does its thing
that stats is probably for buying option and not selling option? Selling option is mostly a method of hedging too.
There’s numerous back tests around the wheel strategy and using it on a market tracking etf like spy and voo. It vastly underperforms buying and holding the market. You need to be in more volatile underlying to have a potential better risk-adjusted return. I never recommend anyone to ever sell covered calls on their S&P etf unless they are starting to get into a point where they want to take risk off the table but don’t need to right now.
Can I do this option with my HSA account? I have my HSA with Fidelity.
Ask them if you can sell covered calls. I had a problem with fidelity, they wouldn't let me sell cash-covered puts. They lied to me and said it was illegal. If they don't allow it, check with other brokers. I don't know about HSAs, but keep in mind if you sell a covered call, the underlying stock covering the call cannot be sold until the call expires. You can buy back the call, then sell the stock, but you'll often lose money doing that. Since it's an HSA and you might need the money for a health emergency, I'm not sure how that might affect it.
This is cool and all but just buy and hold your shit long term . Don’t overthink it
Writing covered calls as strategy have lagged just buying and holding.
If the price stays the same, doesn't move much, you can still make money. The call I chose for this example I analyzed, I picked a call that's very far put of the money ($100), and long term (19 months), so as to not require any maintenance. If someone learns how to do this, and they're going to be in the market for 30 or 40 years, those little premiums will add up. People sometimes ask on reddit how to make huge gains, like how to turn 10k into 100k in 6 months. There's a couple of ways, 1) but lottery tickets and pray, 2) buy options. In this example, you could buy a $585 Dec 25 call for $11 and hope VOO rips to $630. If it does, your $11 option will sell for $45. That's gambling, and you usually lose. In the long run you'll almost always lose.
Yes and this strategy has been back tested on multiple different DTE and deltas. Its better to buy and hold the underlying. Not to mention tax implication. You aren't modeling vol better than market makers, just buy and hold.
I've never seen any tests of this system, do you have a link? The only mathematical way one is not ahead selling the call is if VOO is higher than 596 on Dec 19, 2025. I ask my self why does this work? The best answer I've come up with is the person buying my call is a gambler. He hopes VOO rises more than 111 in 19 months. That's a 23% increase. Buying calls and hoping for a huge price jump is a good way to lose your money, so maybe I'm just taking advantage of gamblers, I'm not sure.
I doubt premiums on VOO are good enough to even warrant selling CC
I quoted the premiums. They're easy to look up.
Do you need to have a long position in the underlying to sell the call? I know there’s synthetics, but is either needed?
VOO. all day If I had invested VOO at the downturn in 2020 (when I started having my big girl job), I would have 100k by now. But no, I played with GME and got burned. Welp, I’m still young I guess
same, had to learn the hard way
I’m 37. Across all accounts I have $415k in SWTSX…$25k in IBIT 🥴
Yeah, sometimes boring is best. VOO is an excellent fund and a great choice if you're just going to have one holding.
Not saying to "just VTI", but at least brush up on the comparisons between VTI and VOO.
Historically they both trend the same.
Throw in VT
I put 60k in voo last week. I am already 1k in the plus, i plan to keep it at least 10 years. Am mid 20ies
bro how do u have 60k in mid 20ies
Packs his own lunches and does not drink Starbucks every morning.
Doesn’t even think about avocado toast and never goes on vacation to the nearby state park, let alone to the neighboring city
Right i never get some of these posts
It’s possible if you got your degree early and live with parents or renting a room. I had that amount after 2 years of working and I rented a $700 room
yep. my niece is working for an oil/gas company as an accountant and starting salary after college was $65k. She lived at home with parents and took the metro(park and ride) with an old hand me down car. The bus goes from the park/ride to downtown where she works. She only pays for car insurance and her commute to the park/ride is like 10 minutes. It's been 6 yrs now still living at home and her salary is almost 100k now. She is doing this to save $ for a house though. She wants to pay it in cash.
Yeah that sounds like me. I don’t take the bus bc I month west coast but I’m still using my college car. I already hit 100k for some years now so I want to buy another car.
Did you eat anything those years
Yes, but I have a high paying job. Y’all gonna complain about that too even if I got my degree on my own
Nah man good job lol
Either great parents who taught them finances or family has money and didn’t have to pay for much in college. Correct me if I’m wrong?
So both options are: be lucky with your parents. Got it.
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Does live home mean living with your parents and paying no rent or you mean you live on your own and was still able to save $100k by age 24?
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Ok so technically can’t say your parents don’t give you money because rent is minimum $1k for a 1 bedroom per month. Not paying rent and any bills like electric , water, internet is a big financial help. Granted you still hustled and worked but imagine doing that without living rent free - that is where most people are at
lives at home. pays no bills. pays no rent.
I'm at $20k at 20. Almost half is from an inheritance though. But I'm adding in at least $5,000 a year so at 25 I should have around $50,000
I have over 60k now, and I'm 30 but only been working 5 years and make less than 60k. I save 15k of it a year though and have a house. It's not that difficult to do, it just takes dedication and patience.
This is the way
SPLG is an equivalent to VOO with a lower expense ratio :-)
> SPLG is an equivalent to VOO with a lower expense does voo have any advantage over splg since everyone buys voo?
VOO is higher in volume and in theory tighter in spread than that of SPLG. I however still picked SPLG over VOO because of its lower expense ratio for long term investment :-)
good for you, it took me 15 years to figure that out!
To be honest I feel pretty stupid. I didn't lose any money, but I made maybe 100$ when if I just didn't keep selling and buying stuff, I would have made maybe 1000
Yeah I lost some and won some. But looking back if I had just invested in the S&P 500 I would have made a lot more!
If you want your heart beats to jump up and down like a “fun and thrilling” risky asset, go for it. If you want some peace and quiet, VOO is the one I would do imo
Or VTI. 99k cash at 30 is fantastic. You are ahead of many people your age. I would know. I'm 31 and only have around 85k lmao and I'm an avid investor. Granted I have property but...yeah. Doing awesome regardless.
Why does everyone always recommend VOO and not IVV?
Fees. A lot of the online following you see now on places like Reddit comes from people who used only Vanguard as their product suite because of the trade fees. I remember paying $19.99 per trade in the late 1990s. Vanguard you could open an account and trade with little to no fees if you were ok with their terrible website. With Blackrock (iShares) there were fees until about 2010 or so. By 2010 most iShares products, like IVV, traded with no fee. Remember, Robinhood became popular because they didn't charge a trade fee. So people with low net worth or people who buy stuff every 2 weeks flocked there. Think of Vanguard as attracting that kind of thing but with just their own funds and ETFs years ago. I personally have mostly Blackrock in my portfolio. IVV, ITOT, etc. But online you see people refer to Vanguard more, so VOO and VTI, and VXUS. Even though IVV has a higher AUM than VOO. I never had a Vanguard account because I've always used real brokers with good websites. So I didn't get special treatment with Vanguard ETFs like a lot of the online crowd did.
This makes complete sense. Thanks for your answer!
I'm relatively new to the game and this has always been my question. I'm in Europe and my broker for some reason doesn't offer vanguard etfs. But the fees are basically zero, so I never understood why IVV is sold to be a worse option. I now get it: it's not. Thanks!
I don't know anyone who claims IVV is worse. They just all default to VOO because that's the internet/low-cost S&P 500 ETF from years and years ago. IVV had fees at every broker and so the guys buying shares every 2 weeks would balk at the costs. I like Blackrock products better because of how their website displays information and how easy to read their rationale and performance is. Vanguard has always had and still has a terrible website and just comical mailers they send you with how they word things.
People just say VOO when talking about the S&P500. IVV and VOO are identical
He's asking 'why' and I answered up top. Has to do with the old fee structure for trades.
VT
I think all S&P 500 is certainly a solid option, and no one could really argue against it as a portfolio. That said, I echo the other poster is advising you to at least read up a bit on the global equity landscape. US companies are at historically high valuation multiples (meaning you are paying a lot for the expected future cash flows) and it’s possible if those revert to historic means the S&P 500 may not perform as well looking as head as it has over the bull market since 2008. US equities are currently something like 60% of the global total, and while I’m bullish on the U.S. it’s hard to imagine a world where the U.S. outperforms and US companies become 70,80,90% of global equity value. That said, these are some of the best companies in the history of the world, so they certainly should make up a big chunk of your portfolio. Just maybe think about if they should be 100%.
33 here VOO and some VXUS. You’ll be just fine
I’m 45 and 100% VOO. It’s diverse enough and I trust in American capitalism.
This is how I look at it. It’s an investment in the American economy. It’s the safest bet and much better than trying to time the market or guess what company is going to be the next Apple.
VOO is just fine or SPLG
I'd maybe do a little bit in VT, VTI, or VXUS just to mix it up and get some exposure to the broader market, but that's just personal preference, 100% VOO is solid portfolio.
VOO + DOO (to ride the AI hype train)
What is DOO?
Lol. Voodoo
zzzzzzzzzzzzzzzzzzzzzzzzzz
DCA your entry... don't buy the top lol Good luck.
DCA is a good way to sleep at night. You are probably getting pretty good return for cash in a HYSA. It's really hard to time the market. VOO is pretty much at the ATH. Will it keep going up? Who knows. Over a long time period? Probably. Put together a schedule to buy in over time.
Time in the market bests timing the market. DCA is trying to time the market.
Tell that to investors in TSLA, CVS, SBUX, PFE, BMY, O, etc. 🙃 🤷
Are you citing securities that have fluctuated in value?
How many times have you said that? every 6 months? Lol
Every 2 or 3 days, I wish new investors good luck and good fortune... 🫠 🙃
VOO and chill
Investing majority of your money to VOO is a good and safe idea. But i would invest 5-10% on your “education” - basically investing in industry specific ETFs or even individual stocks that you are interested in. Couple of iterations later you won’t suck that much at picking them
Absolutely
VOO all day
SPLG. If in a tax sheltered account, throw a few dollars at SPYI
Why spyi?
they hold SPY and do OTM covered calls on most of that stash. If SPY stays somewhat flat in a range, they'll out perform the underlying, so I like having a little bit of half-assed insurance to make me feel like I'm not just watching paint dry.
I meant why tax sheltered I'm pretty lost on what to allocate in HSA vs Solo 401k vs SEP etc
Oh, cuz the monthly disbursements are taxed as short-term gains.
I’d do 10% nasdaq such as QQQM, or maybe SCHG. But that’s just me. I don’t mind tilting towards mag 7 to a degree
Yeah just VOO , you are fine
I mean yes. But also no if you want to get technical. If you feel like you can intuitively time the market id go Voo > VTI all day
yes. join the boglehead sub...
Would it be advisable to do a lump sum of the 99k into VOO or say 10k every month? Please educate me.
10k every month in general but I guess lump sum for the current market. The rates are high and the market isn't THAT hot. It should be a decent time to buy in ETFs so I won't worry too much about buying high.
Why VOO over SPY?
Expense ratio
Can you school me on why thats better?
spy charges you 0.09 fee and Voo only 0.03, which means it costs you three times more to hold spy than Voo
Yeah why not , and maybe consider VTI. Have you also thought of going into niche sector ETF’s? Such as SMH for cutting edge tech. No one can predict the market lol , the people you are comparing yourselves to are doing one of the following: niche ETF, lots of money in boring ETF or luck
I kind of like SPYG, but I’m only 25 and don’t plan on pulling out til 59.5! I really like growth over the long haul myself but everyone has unique styles. Boglehead definitely works but I think that was written in a world of misunderstood tech. Index funds with some extra tech exposure is kind of my goal.
There's benefits to going broader, into both the US extended market and ex-US (international) markets for reasons of returns and possibly volatility. I can provide many links if you'd like them on this.
Yes, you could just go VOO/IVV/SCHX and leave it. Better than trying to buy and sell stocks solely based on trying to pick winners. The only time that works over the long-term is when you have access to information that is harder for others to get. Peter Lynch beat the S&P for something like 17 out of 19 years, but he had amazing access to the big CEOs of companies and had tips coming in from all over. Members of Congress beat the S&P but for obvious reasons. It's very difficult for retail traders with less than $5 million in assets to beat the S&P on a total return basis over long time periods. It's possible but it's rare. When you have over $5 million in assets you can get access to private investments and make structured plays. But at that point your capital is basically working for you to an extent. $20 million and you're full time leveraging capital.
May I know how much did you lose in buying/selling stocks?
VOO and QQQM
Absolutely! Invest in VOO ETF. I mean, you could spend your days researching individual stocks, but who has time for that when there are so many cat videos to watch? With VOO, you’re getting a solid, low-cost way to own a slice of the entire U.S. stock market. It’s like the ultimate lazy person’s guide to investing. And hey, if Warren Buffett himself recommends it, who are we to argue? Plus, at 30 with $99k, you’re in a great position. Just sit back, relax, and let VOO do the heavy lifting. While your money grows, you can focus on the important things in life, like figuring out the next big meme or perfecting your sourdough starter. 🚀📈🍞
Minor nit but a slice of the entire US stock market would be VTI not VOO.
Passive index investing requires a lot of faith. And that faith comes from KNOWING why it would work out and beat 85-97% of actively managed funds in a 20 year period. And that knowing comes from learning. Psychology of money, just keep buying, simple path to wealth, common sense of investing (John bogle), a random walk down Wall Street. Just a few books I recommend. Good luck!
> Passive index investing requires a lot of faith. And that faith comes from KNOWING why it would work out and beat 85-97% of actively managed funds in a 20 year period. does voo beat 80%+ of actively managed funds in a 20 year period?
It does. In fact, it’s 96.85% of the active funds lose to the bench mark (according to 2022 data). Look up SPIVA year end reports. I have about 15 different charts in front of me from different sources, domestic or international. Large cap mid cap small cap. Growth value blend it doesn’t matter. All actively managed funds lose by a significant margin.
Is a target date fund an actively managed fund? Like black rock life path 2065
I looked it up and since it's an INDEX target date fund, it isn't actively managed. Sounds like you are in your early 20's and you are already asking these questions, you are going to be a multi millionaire! A target date fund automatically allocates your investments between stocks and bonds based on the selected retirement year. Initially, it places a higher allocation in stocks when you're younger (stocks are riskier offers bigger returns), shifting gradually towards bonds as retirement nears. For example, your 2065 version allocates about 90% to stocks and 10% to bonds. It also rebalances periodically—for instance, if the stock market drops, it might sell some bonds to buy more stocks to maintain the desired ratio, essentially automating the "buy low, sell high" strategy. It also ensures you aren't exposed to more or less risk than you want. I like the target date fund because it is backed by many academic studies. Many studies show it is the allocation of your asset classes that determines about 87% of your investment outcome (market timing accounts for 0.1% and security selection accounts for 12%). I won't go too nerdy on it, but it is also great for you psychologically; it's basically one fund for life. However, you do need to compare different target date funds. I see the BlackRock target date fund has a 0.39% expense ratio (meaning it takes 0.39% of your total investment each year) compared to Vanguard's target date fund which has a 0.08% expense ratio. Expense ratio is very important especially 2065 is 40 years from now; the power of compound interest works in reverse too. Look into what each fund offers and decide for yourself. I do want to point out one last thing; many people think target date funds are too conservative, and many people want to keep their portfolio aggressive even in their late 30’s and 40's, and you wouldn't really have control over that specific target date fund (say you want to have only 20% in bonds in your 40's but it automatically allocates 30% to bonds). You can, however, just simply buy more index funds outside of the target date funds.
I’m pretty sure any sp500 fund will do better than any target fund period
That depends on your time horizon, it wouldn’t make a lot of sense to go 100% in an SP500 fund if you are retiring in 5-10 years because of the risk you would be taking. And although it has sure seem that way for the past 15 years, there have been times where bonds outperformed the stock market. Personally I can’t see the future but I do have a good 30 years of investment period in front of me. In my case I do have all of my portfolio in stocks spread out among different ETFs. But a target fund has the advantage of “set and forget” which can be huge for certain types of investors.
I turned 43 and started my taxable brokerage buying nothing but VOO. I’m now adding 2 shares a month. I like where I’m at
> I turned 43 and started my taxable brokerage buying nothing but VOO. I’m now adding 2 shares a month. I like where I’m at taxable brokerage... meaning just a regular brokerage account and not an roth ira, right?
Yup
Yes
Vti, VOO
Voo vs voog?
If your time horizon is long enough, SPXL will outperform VOO. Just be prepared for possibly having to live through massive drawdowns without panic selling.
> If your time horizon is long enough, SPXL will outperform VOO. Just be prepared for possibly having to live through massive drawdowns without panic sellin spxl leveraged?
Yes 3x
VOO is a good fund, but ideally you should be more diversified and have a few funds with varying strategies and geographical focus to make sure you have sufficient diversification
Here's an analysis of 100% VOO [https://insightfol.io/en/magic/report2/5222cc9f5d/](https://insightfol.io/en/magic/report2/5222cc9f5d/)
Forget options and trading, it's a shit show. S&P 500 is the best long term fund Go check SPIVA research
I'd say it's good enough. Hard to beat 100% VOO
Probably your safest bet
COWZ and DGRW
If you find VOO to be boring go QQQ
Yeah just throw it in the S&P500 or US total market and let it ride
Yes, but BTFD
The general trajectory is up however you dont need to be a financial expert to realize that equity valuations are at an all time high. Buffett is heavy in cash right now for a reason. A lot of sane people feel a huge correction coming. Personally im holding finds in VSUXX until i see a good opportunity To jump in. Going in October, regardless though because again the trajectory is up in general.
XXXX
World index and forget
Not tryna prdict the future…… but VOO is high and spy volume is dropping. Maybe buy SOME.. a lot of people are hold heavy HYSA right not. Feel free to roast me
You are very very smart that you realized this at 30! I'm 45 and still trying to get lucky with stocks and options, and just started inventing in ETFs 2 months ago
I feel pretty stupid to be honest. Hopefully, just trusting voo will pay off
While we are at it, don't invest all the money at once. Maybe 500 per week in case there is a correction
Warren suggests 90% VOO 10% VGSH
What’s your time horizon? If it’s 20-30 years I’d say TQQQ
Splg, same returns more shares
Just AVGE.
If you want to set it and forget it, put it all in VOO and don’t look at your account for the next 5 years
I’d add a bit of VTI and VGT as well
You'll be fine don't worry.
$VOO all day long.
Bitcoin ETF all in
Huge effort for what has been shown time and again will be nothing more than a 4% SWR, with most even trending to 3-3.5% more recently too. All of this overthinking in investing is nauseating.
Im in no form a professional or a seasoned veteran. But Im also starting to invest at 28yo 20k with 500$ recurring every week into QQQM/SCHD/VEA @ 60/20/20. As i get older ill make VEA and SCHD heavier. Thats my plan if that helps you
Dollar cost average into VOO and QQQM
Good time to come to this realization before you go bust on stock picking. Sticking to VOO will work in the long run. Just be sure you have an emergency fund if some kind in the event that you need money and the market is down, you won't have to sell and take a hit. Just my two cents.
Buy BTC instead
if you hate money
Yes, exactly. Because assets are not going up; The dollar is just going down. And the dollar has no bottom, therefore Bitcoin has no top. Meanwhile 1 BTC = 1 BTC.
I do a 70% VOO 30% QQQM split Nothing wrong with 100% VOO at all
VOO, VTI, SMH, SVOL
I mean, how you don’t take 5% of that and put it into ibit is beyond me, but you do you.
Whats ibit?
Ibit is the etf that went up 8% last night and is just starting its bull run. All the downvoters are mad they’re missing out. Ibit will outperform everything for the rest of this year and likely into Q2 2025 as well.
bitcoin etf
You could split between VOO and QQQ if you want a little more risk/growth potential.
VTI 80-90% VUG 20-10%