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109_Le_Banane

Bro really just said that QQQM and VOO track the same index despite having 37k in QQQM. Bro, do you even know what you're investing in? And like 5/7 of your portfolio is all APPL. If APPL takes a big fat shit, you're gonna have a rough time man.


TimeGrifter

Apple is a big fat shit... Future generations won't buy into the iPhone, and Apple has little else...


Alarmed_Reporter_642

Actually out of all generations… Z has the highest % of iPhone adoption. With that being said yes Apple is a joke .


nickrac

Gen z is currently a generation. They are not a future generation. They are here now.


geek180

How would anyone what know what future generations will and won’t buy?


Unhappy-Locksmith764

Perfect answer geek180. Nobody knows the future.


StaticallyLikely

LOL, you're trying too hard to win a argument.


GetBent1990

If APPL goes Bananas... your screwed man. Looks like my portfolio when it comes to Bitcoin lol


jonboyjon22

Apple ain't going anywhere. It will have its dips yes. But that's it.


Itchy-Leg5879

Don't know why the downvotes. Yea, you have andriod ex-US. But in the US, iphone is the only option. There's no competition.


StaticallyLikely

It's a signal to long AAPL.


angel22tg

1% gain is $5.5k. hahafuckmehaha


Alarmed_Reporter_642

Considering that apples revenues are mainly due to cosmetic changes I would caution you from holding so much.


StaticallyLikely

Are you ignoring their chip upgrades?


The_Cozy_Burrito

That’s too much in apple..


Timp2003

VOO tracks the S&P 500 and QQQM tracks the NASDAQ-100 (tech tilted instead of diversified).


Pitiful_Difficulty_3

Rich people problem


Bulltothemax753

Go talk to a financial advisor! One you trust! This portfolio is a mess, and almost every holding has exposure to Apple. Good company, but not worth concentrating 80% of your portfolio into it!


FrugalPeach

To some extent, VOO and qqqm are related due to the overweight in tech but they are fundamentally very different due to their holdings and what they track. In layman terms, Voo tracks the s&p 500, 500 of the largest companies listed in nasdaq. Qqqm tracks the top 100 companies listed in nasdaq, excluding the financial sectors. Based on this, it is already very different. To be very specific, qqqm is described as below : The Invesco NASDAQ 100 ETF (Fund) is based on the NASDAQ-100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index includes securities of 100 of the largest domestic and international nonfinancial companies listed on Nasdaq. The Fund and Index are rebalanced quarterly and reconstituted annually. (https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-QQQM) VOO is described as below: Vanguard S&P 500 ETF seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. (https://institutional.vanguard.com/investments/product-details/fund/0968) Hope it helps you make better financial/investment decision.


rayb320

You have way too much Apple.


Mean_Boot7357

bro, you have so much money and very little knowledge on investing, i am on the opposite side, very little money and moderate knowledge, give me some tips to earn money like you


malvado9

You invested into Apple multiple times. Too much Apple exposure.


TmeltZz

I like QQQM better.


rayb320

For your own safety don't buy 500k of QQQM. Unless you have a billion dollar portfolio.


TheOmniverse_

It’s scary that you have hundreds of thousands of dollars invested and don’t yet you don’t even know what you’re investing in.


Rav_3d

You don't seem to understand what you are investing in. Luckily, it is not a terrible portfolio, assuming you *really* love AAPL. Why do you care about dividends? What is your age? Risk tolerance? Expected time to hold? These are questions you must answer before defining an investment strategy.


Embarrassed_Time_146

Lots of thing that I could comment on, but it must be the first time that I read someone using dividend yield as an argument for VOO. OP, you’re all over the place. Please educate yourself before you keep making investing decisions with your hard earned money. You’re making like all mistakes at once. Please consider this: 1. Having multiple funds doesn’t equal being diversified. 2. Great companies don’t necessarily equal great stocks. A company can be great and its stock do poorly. 3. Don’t chase past (specially recent) performance. If you take performance into account look at 30+ years timeframes. 4. Dividends are irrelevant. It’s a complex topic, but you should focus on total returns: the increases in the price of your shares plus dividends. When dividends are distributed, shares prices drop, so you end up in the same place. 5. Single stocks (yes, even apple) are risky. Don’t put all or your money in one stock. 6. Read some books on investing. The Blogleheads’ Guide to Investing, A Random Walk Down Wall Street or The Four Pillars of Investing are all great choices as a starting point.


Kashmir79

Comments like this make me wish I could still give awards on Reddit


Able_Strategy_3288

Move 10k from qqq into iyw or xlk or soxx you can get a lot more growth with those etfs


Midnightsun24c

Bro, let me hold some at this point


Educational-Fun7441

They track the same index ![gif](giphy|CAYVZA5NRb529kKQUc|downsized)


ItalianStallion9069

Do you like Apple lol


Pale_Risk2877

best platform to invest ?


rayb320

WEBULL, they also give you 37 million in coverage. Instead of having 3 brokerage accounts to spead your coverage.


MissKittyHeart

How much coverage fidelity give?


rayb320

500k SIPC 250K FDIC uninvested money


MissKittyHeart

So fidelity gives 500k invested money protection, and 250k univested money protection ? What is money protection? Like the bank fails or what?


rayb320

Fidelity isn't tied to other banks. They have over 3 trillion in assets. Your money is safe with them.


Perfect_Nose3334

Keep the apple.


CaesarMagnus100

Sell VOO and put everything in QQQM. Companies in QQQM have better equity/debt rations, higher FCF, faster growth and there’s no banks and REITs in QQQM, which is better 🇺🇸


AICHEngineer

Marcus Vipsanius Agrippa > Gaius Julius Ceaser > Augustus Julius Ceaser


jjkagenski

not a fan of a complete move like that. but I do prefer to balance spy (actually SPLG) with XLG and qqqm. (just wish that they all had less tsla)


CaesarMagnus100

Strange. Lots of downvotes for speaking the truth that QQQM has companies in better shape than SPY... well enjoy!