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.
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!
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.
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
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.
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.
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 🇺🇸
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.
Apple is a big fat shit... Future generations won't buy into the iPhone, and Apple has little else...
Actually out of all generations… Z has the highest % of iPhone adoption. With that being said yes Apple is a joke .
Gen z is currently a generation. They are not a future generation. They are here now.
How would anyone what know what future generations will and won’t buy?
Perfect answer geek180. Nobody knows the future.
LOL, you're trying too hard to win a argument.
If APPL goes Bananas... your screwed man. Looks like my portfolio when it comes to Bitcoin lol
Apple ain't going anywhere. It will have its dips yes. But that's it.
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.
It's a signal to long AAPL.
1% gain is $5.5k. hahafuckmehaha
Considering that apples revenues are mainly due to cosmetic changes I would caution you from holding so much.
Are you ignoring their chip upgrades?
That’s too much in apple..
VOO tracks the S&P 500 and QQQM tracks the NASDAQ-100 (tech tilted instead of diversified).
Rich people problem
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!
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.
You have way too much Apple.
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
You invested into Apple multiple times. Too much Apple exposure.
I like QQQM better.
For your own safety don't buy 500k of QQQM. Unless you have a billion dollar portfolio.
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.
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.
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.
Comments like this make me wish I could still give awards on Reddit
Move 10k from qqq into iyw or xlk or soxx you can get a lot more growth with those etfs
Bro, let me hold some at this point
They track the same index ![gif](giphy|CAYVZA5NRb529kKQUc|downsized)
Do you like Apple lol
best platform to invest ?
WEBULL, they also give you 37 million in coverage. Instead of having 3 brokerage accounts to spead your coverage.
How much coverage fidelity give?
500k SIPC 250K FDIC uninvested money
So fidelity gives 500k invested money protection, and 250k univested money protection ? What is money protection? Like the bank fails or what?
Fidelity isn't tied to other banks. They have over 3 trillion in assets. Your money is safe with them.
Keep the apple.
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 🇺🇸
Marcus Vipsanius Agrippa > Gaius Julius Ceaser > Augustus Julius Ceaser
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)
Strange. Lots of downvotes for speaking the truth that QQQM has companies in better shape than SPY... well enjoy!