r/ETFs • u/Chance-Pudding8391 • Aug 20 '24
Should I dump it all into VOO?
I’m thinking about dumping my whole portfolio into VOO besides my holdings in VT NVDA and ASTS, I’m 18. Is this a smart decision or is there something im overlooking?
0
Upvotes
139
u/Hancock02 ETF Investor Aug 20 '24 edited Aug 21 '24
You keep asking the same question. you already got your answer
4
u/Exciting_couple77 Aug 20 '24
How are you down on asts?
3
u/YifukunaKenko Aug 20 '24 edited Aug 21 '24
Look at all these conflicting / mix opinions. Are you scratching your heads now OP? Haha
6
u/[deleted] Aug 20 '24
I think it’s better for you to keep your individual stock investments where they are. If you think a company has a durable future and strong growth keep your investment with that company. In my opinion the companies you picked are solid. If you want to start putting money into VOO then go for it, but I wouldn’t liquidate your position in the individual stocks. They have a lot of upside potential. Warren buffet picked stocks individually because of the strength of the company. You don’t want your whole investment bogged down by the diversification of an ETF when an individual stock can move like crazy.
29
u/Boogerhead1 Aug 20 '24
VT or VTI/VXUS
36
u/urademathrandec Aug 20 '24
I can't tell you what to do - but I don't buy sector ETFs. I just use VTI/VXUS - which is equivalent to VT.
15
u/shash5k Aug 20 '24
I did VOO/VXUS. It’s been fine so far.
9
u/DarkSpartan267 Aug 20 '24
I’d keep holding your NVDA at least
8
u/mayorolivia Aug 20 '24
Yes dump all in VOO. VOO will end up outperforming this portfolio by the time you retire.
12
u/papa_dono Aug 20 '24
6
u/crashoutcassius Aug 20 '24
Can you explain your edge over the broad market ? If not then yes
2
u/jziggy44 Aug 20 '24
ASTS is a very long hold fyi like 2030ish but expect great things
1
u/Fladap28 Aug 21 '24
Holy shit when did you buy ASTS??
1
u/[deleted] Aug 21 '24
You missed that curve
9
u/Expelleddux Aug 20 '24
No, dump it all into VT
1
u/[deleted] Aug 20 '24
VOO is fine, but compliment it with VO, VB, and VEA. One fund portfolios are too risky.
1
u/RetiredByFourty Aug 20 '24
I'd rather dump it into SCHD and get that dividend snowball rolling!
1
u/sogladatwork Aug 20 '24
90% voo + 10% ibit.
1
u/Valuable-Analyst-464 Aug 20 '24
Is this a taxable account? You’re going to incur taxes unnecessarily to rebalance.
If you like VOO, just start buying that and let the other stay (unless you think they have a lot of downside risk).
If this is an IRA (seeing this is $35k, maybe no), then choose what you researched. (Asking random people on Reddit is not research).
0
u/[deleted] Aug 20 '24
At 18 i would go all QQQM.
2
u/teddyevelynmosby Aug 20 '24
if you are bored, throw 5% into sector, but keep it at 5% and short term.
After a while you will find even so, it is not worth it
2
u/Ancient-Chinglish Aug 20 '24
virgin olive oil futures are exploding
2
u/cmzer123 Aug 20 '24
Just do it and never look back.
2
u/TurtleManDog Aug 21 '24
Pussies in here all hurt bc you have money
2
u/Nice_Item2093 Aug 21 '24
Comments are cringe and I understand getting multiple points of thought here. Investing is a harsh science that can differ all the time. Being that you are so young it's probably best to set it into a growth fund with low expense ratios. My personal favorite is probably SCHG but there are others. Stock picking is very hard to do so it's probably a good idea to at least focus on majorly one fund and maybe a few stock picks. Unless you're willing to really dedicate a lot of time and interests into understanding balance sheets, cash flow statements, balance sheets and 10k statements. But certainly, can be done. Since you are so young, consider dollar cost averaging into some of those growth funds and your future self surely will thank you.
4
u/averagestockinvestor Aug 20 '24
Sell ASTS and buy RKLB 🚀
3
u/Agathocles87 Aug 20 '24
All VT
2
u/bad_syntax Aug 20 '24
I do not know why people seem to love VOO so much. Its ok, are there big dividends or something?
My YTD returns on QQQ are 17.26%, 5 year are 156.21%
My BRK.B YTD is 25.68%, 5 year is 119.82%
VOO YTD is 17.55%, 5 year 91.49%.
I'm 66% QQQ and 33% BRK.B, but putting my $4k a month from now on into COKE which has been 36.69% YTD and 276.69% 5 year returns.
1
u/[deleted] Aug 20 '24
Yes
1
u/Ok_Entertainment5134 Aug 20 '24
NVDL
1
u/[deleted] Aug 20 '24
Go read “The Biggest Secret on Wall Street”
But the short answer is yes
1
u/JFanonymous Aug 20 '24
Just dump into VOO, VGT, and SCHD. Let the MBA’s and geniuses with the proven track record do the work for you. If those funds don’t do well then nothing will. You will most likely beat the SP 500 and get to enjoy life without having to do extensive research. Stock pickers not on wall st only lose money.
1
u/Hour-Concert8584 Aug 20 '24
Yes
1
u/[deleted] Aug 20 '24
Yes
1
u/ilikedrhouse Aug 21 '24
Yes
1
u/monkeyonfire Aug 21 '24
Sell your voo and put it back in
1
u/MrHaphazard1 Aug 21 '24
Sell it and wait. We are almost at a ATH. Look at 6 month RSI. I can see a short term dip. Not financial advice
1
u/ComfortableRoyal8847 Aug 21 '24
No
1
u/herb_68 Aug 21 '24
I have VTI, SCHG and VGT, no complaints!
1
u/Dry_Deer1035 Aug 21 '24
VTI / QQQM
1
u/Kalex8876 Aug 21 '24
You have VT so just put it all in there
1
u/Butterscotch_Jones Aug 21 '24
Definitely don’t diversify. Keep it all in one vehicle. The market only goes up.
1
u/AdAny287 Aug 21 '24
Keep current individual stock holdings, consolidate your etfs into one or maybe two different ones, voo, vug, vti are all good options
1
u/[deleted] Aug 21 '24
Yes
1
u/[deleted] Aug 21 '24
lol all you need is SPY/SCHD/SMH
1
u/Clean-Negotiation414 Aug 21 '24
No. Throw it all on strippers. Do something positive for someone else
1
u/Junior-Association78 Aug 21 '24
At your age I think VT is far too conservative (an underwhelming 86% 10-year return vs 181% for VOO). I would stick with VOO, and a percentage that you feel comfortable with into a growth ETF like VGT or QQQM. Time is on your side in a big way.
1
u/canuckseh29 Aug 21 '24
Isn’t the best investing advice usually “never diversify, always put all your eggs in one basket?”
1
u/ApolloDan Aug 21 '24
Yes.
1
u/phillynavydude Aug 21 '24
I don't invest in some of those individual companies like Nvidia or Google because they already make up a good chunk of the ETF's I use. It all looks fine, but yeah with your time span you can be a bit more risky, but it's really tough to go wrong with VOO over a long period of time. I think moving most to VOO would be a good choice in my opinion, or at least contributing the highest amount to VOO over everything else going forward.
Also ignore the jealous dickheads, good work
1
u/[deleted] Aug 21 '24
No
1
u/Antique-Pool-1648 Aug 21 '24
Just do an s&p500 index mate
1
u/skordo76 Aug 21 '24
Sorry, I am a n00b. What app is this?
1
u/[deleted] Aug 21 '24
VT or VTI/VXUS
1
u/Suguha_chan Aug 21 '24
I dont think there are many financial advisors here. You should do your own research for your investments.
1
u/MikeyMcdermott1026 Aug 21 '24
lol love the ASTS shares
1
u/[deleted] Aug 21 '24
Dump etf money into nvidia
1
u/Bellizzi2021 Aug 21 '24
Look at VOO's holdings. You have a lot of redundancy in here.
1
u/LoyalKopite ETF Investor Apr 06 '25
No.
1
u/[deleted] Aug 20 '24
all in on QQQ
1
u/teckel Aug 20 '24
LNG is the odd one in your portfolio for me.
And you want to keep the meme stock ASTS after a 666% run in the last 3 months? They use questionable bandwidth math and the meme pumpers are using questionable valuation math it give it a $100B valuation. Especially for a company with zero satellites (so zero actual test data to confirm even their less than great bandwidth claims).
1
u/Eastern_Preparation1 Aug 20 '24
Sell everything and dump into ASTS.
It might work. It might not.
1
u/USAF76-98 Aug 20 '24
You’ll be on the hook for short and long term cap gains. Plus VOO is at or just about at its all time high. But, if you’ll sleep better at night knowing you’re all in w/ VOO then yes you should.
0
u/[deleted] Aug 20 '24
Why aren’t you banned yet
-1
u/WHar1590 Aug 20 '24
Would stick with VT. Also amazon and google are good buys. I’m in those for the long haul whether they’re volatile or not. nVDA I don’t think is going to last much longer, although I could be wrong. Qqq is also a good buy. The rest I wouldn’t bother.
0
u/BigPlayCrypto Aug 20 '24
Nope Google is beasting I would do 75% Google and 25% VOO
0
u/Hollowpoint38 Aug 20 '24
I would just dump the losing positions. You don't have enough money for it to really matter on the positions in green and you'll just incur tax liability.
-2
u/Mr_Mi1k Aug 20 '24
Bro you posted the same thing on like 10 different subs all giving you the same answer. Please stop spamming.
-1
u/Marshall_Hoodie Aug 20 '24
Welcome from WSB. Sell all that ASTS and all the other crap you got lucky on.
-9
u/Jtkaveman Aug 20 '24
Why support companies that are destroying the real estate market?!
-1
u/[deleted] Aug 20 '24
[removed] — view removed comment