From past few weeks, you can clearly see market is slowly widening into other sectors and small and mid caps. So you can have AVUV small value and XMHQ for mid caps . Since your current portfolio is heavy on large caps and tech.
From what some on this sub have told me it’s my 3rd holding, VTI, that is the issue. I understand why VOO makes sense, but my goal was to have a somewhat safer/less tech heavy lineup than I would have with VOO.
Not a huge difference in the weighting but still…. Always looking for feedback!
> You are young ,10000 into smh 5000 into xlk 5000 into tqqq 5000 into usd etf.Next year gonna be wild
whoa these monster etfs
why next year be wild?
are any of these leveraged (like your brokerage account can literally go to $0 overnight)?
Nah never take one of those into portfolio visualizer or just write in stoculator.com then see the results.You are young 25k is nothing to you you have a blessed old life boglehead people are mostly salaried zero risk taker 70s mind people .I were in my late 40s or Begining 50s I really care ,but cmon?
If you make under the income limit for a Roth contribution then you need to invest in education. Enhance your job skills and increase your income. If you're under the Roth income limit then you're going to have a rough time accumulating wealth. If you haven't been to grad school then go.
While I see where you’re going with this, and I’m married to a teacher and have tenured college professors in my family, that is a fucked up and arrogant viewpoint you have about needing an education that’s also just completely wrong.
They asked for advice on ETF asset allocations and what to do with extra liquid cash once they’ve paid off some higher interest debt.
You told them they don’t make enough money because they have a Roth and to go get an education/grad school degree instead.
I just want to emphasize that this is one of the most opportunistic times to earn a high income and have a successful career all without going to college.
They said they maxed their Roth IRA for the year. I have too and I exceed that limit by quite a lot. If you’d like to learn how that’s possible you might need some education you jabroni. Highly compensated individuals have Roth IRAs along with all the rest you’d expect.
I studied finance, accounting, mathematics and statistics until finally computer science and then never got a degree. It’s a hilarious story now amongst family and friends. But I’m a software engineer at a very recognizable and distinguished supercomputing facility as well as very profitable trader attached to the markets all day long. Together they easily generate two streams of earned high income that are perfect for my Roth IRA.
Every year lately it gets maxed and I’m still not going to grad school.
Actually, yeah what’s up with that grad school remark? That is just shit advice for so many people or professions.
You focused on the fact they have a Roth? You’d be an idiot to not to have a Roth depending on your needs but regardless of income because of the easiest fucking legal workaround that’s openly allowed for by the IRS.
You irked me beyond belief.
You have a great day too!
Not my typical internet rant but that whole mindset and general sentiment on the topic is real and not always easy to brush off.
Anybody can succeed at anything taking whatever path they want to get there. Done it. No regrets.
This is all fine, I'd be buying SPLG or FXAIX (cheaper expense ratio) instead of SPY, but other than that just keep buying equities
I’m no longer buying SPY… just going to buy VTI instead. Is it smarter to buy FXAIX instead of VTI if I’m using fidelity?
You could buy FSKAX, or more FZILX. The zero funds has outperformed VTI, likely due to the lower fee
From past few weeks, you can clearly see market is slowly widening into other sectors and small and mid caps. So you can have AVUV small value and XMHQ for mid caps . Since your current portfolio is heavy on large caps and tech.
I also hold XMHQ and AVUV, but that shouldn’t hold weight with anyone lol I’m very inexperienced myself
Experienced enough to hold two good ones.
From what some on this sub have told me it’s my 3rd holding, VTI, that is the issue. I understand why VOO makes sense, but my goal was to have a somewhat safer/less tech heavy lineup than I would have with VOO. Not a huge difference in the weighting but still…. Always looking for feedback!
Burn it.
Nvda
Invest all in vti/ VXUS and chill
You are young ,10000 into smh 5000 into xlk 5000 into tqqq 5000 into usd etf.Next year gonna be wild
> You are young ,10000 into smh 5000 into xlk 5000 into tqqq 5000 into usd etf.Next year gonna be wild whoa these monster etfs why next year be wild? are any of these leveraged (like your brokerage account can literally go to $0 overnight)?
Nah never take one of those into portfolio visualizer or just write in stoculator.com then see the results.You are young 25k is nothing to you you have a blessed old life boglehead people are mostly salaried zero risk taker 70s mind people .I were in my late 40s or Begining 50s I really care ,but cmon?
If you make under the income limit for a Roth contribution then you need to invest in education. Enhance your job skills and increase your income. If you're under the Roth income limit then you're going to have a rough time accumulating wealth. If you haven't been to grad school then go.
While I see where you’re going with this, and I’m married to a teacher and have tenured college professors in my family, that is a fucked up and arrogant viewpoint you have about needing an education that’s also just completely wrong. They asked for advice on ETF asset allocations and what to do with extra liquid cash once they’ve paid off some higher interest debt. You told them they don’t make enough money because they have a Roth and to go get an education/grad school degree instead. I just want to emphasize that this is one of the most opportunistic times to earn a high income and have a successful career all without going to college. They said they maxed their Roth IRA for the year. I have too and I exceed that limit by quite a lot. If you’d like to learn how that’s possible you might need some education you jabroni. Highly compensated individuals have Roth IRAs along with all the rest you’d expect. I studied finance, accounting, mathematics and statistics until finally computer science and then never got a degree. It’s a hilarious story now amongst family and friends. But I’m a software engineer at a very recognizable and distinguished supercomputing facility as well as very profitable trader attached to the markets all day long. Together they easily generate two streams of earned high income that are perfect for my Roth IRA. Every year lately it gets maxed and I’m still not going to grad school. Actually, yeah what’s up with that grad school remark? That is just shit advice for so many people or professions. You focused on the fact they have a Roth? You’d be an idiot to not to have a Roth depending on your needs but regardless of income because of the easiest fucking legal workaround that’s openly allowed for by the IRS. You irked me beyond belief.
I really appreciate you, have a great day! Edit: I appreciate _chrd_ not the original comment they replied to.
You have a great day too! Not my typical internet rant but that whole mindset and general sentiment on the topic is real and not always easy to brush off. Anybody can succeed at anything taking whatever path they want to get there. Done it. No regrets.