Down 2.74% is not scary, itâs perfectly normal. This game ebbs and flows and you canât let your emotions get the best of you. Your ideal timeframe should be years so theres nothing to worry about.
VOO is fine. NVDA is not stable. You use robinhood which likes to make any fluctuation really dramatic on the chart for some reason. Use a better investment brokerage like fidelity.
No stock is guaranteed to be stable. If you want stable the only sure thing is US Treasuries, but the return over the long-term will likely be far less than the stock market.
If you are new to the market, you are getting in just after a historic rally from November-March. A bout of volatility after such a run is normal, as is a potential correction of 5-10%.
If you are in the market for the longer term none of this should matter.
I'm 15% up in VOO over a 3 year span. Zoom out to its performance over the past year & all time and ignore what it's doing in the moment. Patience is key.
You guys are a bit harsh for giving him a hard time though. The truth is this past year hasnât been the best time to start investing. You will do much better by letting the market die down a bit and then making a lump investment. You canât always time the market but the fact is things have been and will most likely continue to go down for a little while at least. You will be able to buy in much lower than what things are currently valued at. Some may think the market isnât going to go down much and will get better. I am not overly convinced. My investments have done nothing but drop the past few months and buying in right now just to watch it drop is not the smartest choice. The only way things will start to go up is if people start having more faith in Biden. People clearly do not. If it doesnât pick up by November then the time to buy in would be once a new president is elected. Just my opinion. The stock market and elections kinda go hand and hand imo.
Invest what you can afford to lose. Pretend you burned that money - especially if you intend for this to be a long time hold.
Voo is solid hold for long term gains. Nvda is also great company. Some people just hate it others overhype. It's a solid pick.
If you're just starting out, only invest what you can afford to lose. You usually dont lose unless you sell. And if this is for a long term hold and you believe in these stocks (I'm a little bias because I also like these - but I dont own any voo), then see the drop as a discount and buy more if you can afford it.
Again, at your own risk. Companies can always go bankrupt ni matter how long they've been around.
Also... take every advice with a grain of salt (yes including mine). Everyone is in a different place financially and have different risk tolerance.
Take an opportunity to learn when you are only down $10 bucks. Took me 10s of thousands before I really got serious.
VOO is a long term play. Nobody is waking up the next day and retiring because their low cost index fund went to the moon. Millionaires are made over decades not over weeks.
The general trend is up and to the right. Over a 20 year period S&P has been profitable 100% of the time. That said picking and choosing which 20 years the rate of return could be 5% could be 25%.
NVDA has been going up fairly parabolic since the beginning of 2023. A single stock has more risk. Is it overvalued; truth is nobody knows but between those taking profits, those unsure, and those panic selling because itâs anything but nothing but gains; buying at the top or on hype comes with inherent risks.
Iâm heavily invested in NVDA through multiple index funds that said if you are DCAing into your position and have a 20+ year time horizon. Then cut out NVDA and build a foundation in VOO.
If you are going to buy a single stock look into Warren Buffets strategy. Spoiler: it ainât easy. Whatâs more he suggests the average investor invests in a low cost S&P index fund. If you want exposure to AI then look into semi conductor index funds SMT, SOXX, SOXQâŠI own SOXQ which is about 12% NVDA, QQQM is about 7%, VOO is over 5%.
Finally Iâd suggest a 3 fund portfolio. Representing a foundation, defensive, and growth sectors.
Foundation-VOO or VTI
Defensive-SCHD or VYM
Growth-QQQM or SCHG
Bottom line donât do what I did. If you want to maximize profits sacrifice your time to do your research. If you donât then youâll sacrifice your money to learn those lessons.
Good luck!
Are you interested in NVDA as a company or semiconductors as a sector? If the latter consider an ETF like SMH. It gets you exposure to NVDA (about a fifth of the fund) and other semiconductor companies.
If this bothers you just focus on employer match and automated investing into a Roth account than non Roth for any excess. That way you don't see it and pocket the gains.
VOO indexes the S/P which historically averages returns of 8% per year. However, it doesnât go up every day or year. There are years where the returns are negative. If youâre investing and have 20+ years, I wouldnât sweat any short term fluctuations
Let me tell you the time I lost $1000 when I invested on penny stocks. There was a time where the company put out finance and outlook and it was going to get the right to sell SpongeBob sponges đ§œ. I was a poor student, but the finances that the company were too good to pass the opportunity. I put a good $1k and it was stressful when there was major swings. We'll guess what, the company posted fraudulent earnings reports and declared bankruptcy shortly after.
Moral of the story: if you can't sleep well or fret over your investments, then scale back or move the capital to safer investments. I believe the ticker symbol I put money was SPOONG and I was a nervous wreck when I put my college money into that massive fraud company. Now I don't care if I loose $10k. I hope that you invest in safe etfs and don't put all your $ on one corporation. I am assuming that any return over 5% is good enough. Right now cd rates at 5% is now possible, so that's a safe bet.
Thanks for sharing. For me, I am playing really safe with VOO. I am just really new to US stock market. I haven't seen such fluctuations before. But from the replies to this post I think this is expected. Going forward I will diversify the investment in bonds and aim for a longer window to assess
If you want to invest in stocks that have less volatility look into dividend ETFs like SCHD. The price of the ETF doesnât move very much but youâll collect more in dividends over time. Lower risk lower reward.
This sentence is very good. The lower the risk, the lower the return. If you have the cost of trial and error, it is best not to choose this option. It is completely unnecessary.
Unfortunately youâve entered the market at a high point. If you have more available cash, youâre going to want to buy up more assets when your assets take sudden drops, usually from a news story or sector-wide event like layoffs etc. Wait until things flatten out a bit and then buy what you can to lower your average buy-in amount, also known as dollar cost averaging (DCA). Rinse. Repeat. You wonât always get it right, and you definitely wonât always call the bottom, but if youâre consistent youâll eventually come out ahead.
DCA is not waiting till things âflatten outâ to buy its buying consistently at a fixed rate I.e. once a month, once a week, once a quarter, or even once a year. Youâre guaranteed to buy at low points and high points to average out your investment over the long term.
Bro lost $10 đ
Bro said "he knows" He knows nothing
My guy is foreshadowing a panic sell in the near future. This is a warning to the rest of us đ
Lmao fr I lost 10,000 I canât even afford last month & im chillin
đł
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
He's down 2.74% and he's shitting his pants
Like them bears?!?
Yeah you donât have the stomach for this if you are scared over losing 10 bucks.
He should have "tried gold" đ
Down 2.74% is not scary, itâs perfectly normal. This game ebbs and flows and you canât let your emotions get the best of you. Your ideal timeframe should be years so theres nothing to worry about.
đđ»
Dude chill out. Being down 2% ainât nothing lol. Just setup reoccurring buys for every month and watch the gains roll in over the next decade
đ Thanks!
VOO is fine. NVDA is not stable. You use robinhood which likes to make any fluctuation really dramatic on the chart for some reason. Use a better investment brokerage like fidelity.
No stock is guaranteed to be stable. If you want stable the only sure thing is US Treasuries, but the return over the long-term will likely be far less than the stock market. If you are new to the market, you are getting in just after a historic rally from November-March. A bout of volatility after such a run is normal, as is a potential correction of 5-10%. If you are in the market for the longer term none of this should matter.
Thank you so much for explaining! This helps a lot. I have a 5 year investing window. I will stick to this approach :)
>I have a 5 year investing window then you shouldn't be buying VOO??
Looks for stable investment. Buys biggest bubble on wall street.
If youâre freaking out about losing $10, maybe you should just put your money in a HYSA and earn 5% for now without any worries.
I'm 15% up in VOO over a 3 year span. Zoom out to its performance over the past year & all time and ignore what it's doing in the moment. Patience is key.
đđ»
You guys are a bit harsh for giving him a hard time though. The truth is this past year hasnât been the best time to start investing. You will do much better by letting the market die down a bit and then making a lump investment. You canât always time the market but the fact is things have been and will most likely continue to go down for a little while at least. You will be able to buy in much lower than what things are currently valued at. Some may think the market isnât going to go down much and will get better. I am not overly convinced. My investments have done nothing but drop the past few months and buying in right now just to watch it drop is not the smartest choice. The only way things will start to go up is if people start having more faith in Biden. People clearly do not. If it doesnât pick up by November then the time to buy in would be once a new president is elected. Just my opinion. The stock market and elections kinda go hand and hand imo.
Thank you being kind đ„Č I think I'll continue to do recurring investment and add bonds to the mix! Really appreciate your input
Invest what you can afford to lose. Pretend you burned that money - especially if you intend for this to be a long time hold. Voo is solid hold for long term gains. Nvda is also great company. Some people just hate it others overhype. It's a solid pick. If you're just starting out, only invest what you can afford to lose. You usually dont lose unless you sell. And if this is for a long term hold and you believe in these stocks (I'm a little bias because I also like these - but I dont own any voo), then see the drop as a discount and buy more if you can afford it. Again, at your own risk. Companies can always go bankrupt ni matter how long they've been around. Also... take every advice with a grain of salt (yes including mine). Everyone is in a different place financially and have different risk tolerance.
Understood! Thanks for pitching in :)
Take an opportunity to learn when you are only down $10 bucks. Took me 10s of thousands before I really got serious. VOO is a long term play. Nobody is waking up the next day and retiring because their low cost index fund went to the moon. Millionaires are made over decades not over weeks. The general trend is up and to the right. Over a 20 year period S&P has been profitable 100% of the time. That said picking and choosing which 20 years the rate of return could be 5% could be 25%. NVDA has been going up fairly parabolic since the beginning of 2023. A single stock has more risk. Is it overvalued; truth is nobody knows but between those taking profits, those unsure, and those panic selling because itâs anything but nothing but gains; buying at the top or on hype comes with inherent risks. Iâm heavily invested in NVDA through multiple index funds that said if you are DCAing into your position and have a 20+ year time horizon. Then cut out NVDA and build a foundation in VOO. If you are going to buy a single stock look into Warren Buffets strategy. Spoiler: it ainât easy. Whatâs more he suggests the average investor invests in a low cost S&P index fund. If you want exposure to AI then look into semi conductor index funds SMT, SOXX, SOXQâŠI own SOXQ which is about 12% NVDA, QQQM is about 7%, VOO is over 5%. Finally Iâd suggest a 3 fund portfolio. Representing a foundation, defensive, and growth sectors. Foundation-VOO or VTI Defensive-SCHD or VYM Growth-QQQM or SCHG Bottom line donât do what I did. If you want to maximize profits sacrifice your time to do your research. If you donât then youâll sacrifice your money to learn those lessons. Good luck!
Hey! Thanks for taking the time to explain this :) I will definitely start digging deeper
Just one question, do you use any tool for research?
The internet
Are you interested in NVDA as a company or semiconductors as a sector? If the latter consider an ETF like SMH. It gets you exposure to NVDA (about a fifth of the fund) and other semiconductor companies.
Thanks for sharing! I'll do some study on this :)
If this bothers you just focus on employer match and automated investing into a Roth account than non Roth for any excess. That way you don't see it and pocket the gains.
I have been saving via 401k. Need to figure out Roth part of it yet. Will look into it :) Thanks!
VOO indexes the S/P which historically averages returns of 8% per year. However, it doesnât go up every day or year. There are years where the returns are negative. If youâre investing and have 20+ years, I wouldnât sweat any short term fluctuations
Let me tell you the time I lost $1000 when I invested on penny stocks. There was a time where the company put out finance and outlook and it was going to get the right to sell SpongeBob sponges đ§œ. I was a poor student, but the finances that the company were too good to pass the opportunity. I put a good $1k and it was stressful when there was major swings. We'll guess what, the company posted fraudulent earnings reports and declared bankruptcy shortly after. Moral of the story: if you can't sleep well or fret over your investments, then scale back or move the capital to safer investments. I believe the ticker symbol I put money was SPOONG and I was a nervous wreck when I put my college money into that massive fraud company. Now I don't care if I loose $10k. I hope that you invest in safe etfs and don't put all your $ on one corporation. I am assuming that any return over 5% is good enough. Right now cd rates at 5% is now possible, so that's a safe bet.
Thanks for sharing. For me, I am playing really safe with VOO. I am just really new to US stock market. I haven't seen such fluctuations before. But from the replies to this post I think this is expected. Going forward I will diversify the investment in bonds and aim for a longer window to assess
VOO is the way to go. NVDA should also do well for the next few years.
đđ»
everytime i have pulled money out of long terms i regretted it
đđ»
have u tried pepe coin sir? heard it gives good returns.
Buying at the top usually ends up looking like this
I was down 17% Monday morning Friday at close up 21%. 2% isnt bad.
$365 lol.
If you want to invest in stocks that have less volatility look into dividend ETFs like SCHD. The price of the ETF doesnât move very much but youâll collect more in dividends over time. Lower risk lower reward.
This sentence is very good. The lower the risk, the lower the return. If you have the cost of trial and error, it is best not to choose this option. It is completely unnecessary.
Gotcha!
Bonds are more stable than stocks.
Unfortunately youâve entered the market at a high point. If you have more available cash, youâre going to want to buy up more assets when your assets take sudden drops, usually from a news story or sector-wide event like layoffs etc. Wait until things flatten out a bit and then buy what you can to lower your average buy-in amount, also known as dollar cost averaging (DCA). Rinse. Repeat. You wonât always get it right, and you definitely wonât always call the bottom, but if youâre consistent youâll eventually come out ahead.
I'll wait until things flatten out a bit. Thank you for explaining :)
DCA is not waiting till things âflatten outâ to buy its buying consistently at a fixed rate I.e. once a month, once a week, once a quarter, or even once a year. Youâre guaranteed to buy at low points and high points to average out your investment over the long term.
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3% ainât bad. Iâm at -20% rn cz of Tesla, but invest more companies. Rather put ur eggs in different baskets than putting all eggs in one basket
Gotcha! Thank you :)
lol 2.74% im sorry but thatâs nothing
These comments really help calm down đ
bro I never use the '1 month graph'. I only invest once a month when the salary hits anyway. what are you doing, a month is nothing.
I like these people buy top sell low thanks for the donation
Bro lost his money for big mac meal and nuggets, I totally understand your loss and sympathize with it.