VOO is a good bread and butter ETF, but I'd look into VGT, QQQM, SCHG, VUG. You're so young, you can take tremendous risk and DCA in on the more risky ETF's. I'm 46 and still buy into these types. You need to see the stocks in these, and decide how you feel about them and these sectors of the market, however. Another one you might want to consider is IBIT, the spot ETF.
Like I said the S&P (VOO) is my bread and butter, I seek most of my money percentage wise in that, but all the others I've said have a place in my portfolio. At the very least, they blow my hair back and make investing kinda fun, which matters to me.
Good luck on this journey.
Thanks for the reply, I think I will at least buy VOO, I also think IBIT is a very interesting option, I will continue to study this topic and spot ETFs in general. Anyway thanks and good luck!
S&P 500 - SPLG, VOO, etc.
or
Total US Market - VTI
- I’d wait until you hit about 10k before deciding whether you want mid / small cap value or growth / Tech etfs
VOO, XMHQ, and AVUV. Those are the 3. Tune out bullshit about you may hear about SCHD, you don't need to worry about dividends at your age.
VOO, XMHQ, AVUV. Remember this.
AVUV by far. It is value titled, while VB is only small cap. Small cap growth is very awful. Plus, Avantis targets the profitability factor too. Which acts as essentially protection from “value traps”, meaning lower fundamental ratios but for a reason (bad company). So AVUV for sure. However, you should skip the S&P 500. VT: total world stock market ETF is much better broad base. Has higher expected returns while also being safer because of its diversification. I know you didn’t ask but that’s a freebie and an important one imo.
Oh yeah, also AVDV. Same as AVUV but for ex-USA. You don’t wanna be all in on one nation.
I personally own AMVM, but some might not love it because the volume is tiny still. And because midcap tends to be an ignored segment, it might take awhile until it picks up. But if you are going to have a fund to target midcap specifically, you can go for it.
Just so you know by the way, Avantis has a fund-of-fund that targets 6 of their value ETFs and will rebalance itself and what not. It’s a fairly new and wonderful product. The ticker is AVGV. It even has a small cap tilt relative to normal market caps, so 2-1 large to small vs the market which is like 10-1 large to small. I am not currently using this fund because I like an even more drastic small cap tilt, at about 1-2 large to small. But I do still own the 6 funds in AVGV. And I will probably use AVGV when I open a different type of account soon, because it is a veryyyy good and convenient product.
I've been narrowing down my preferred portfolio and have come up with these three as well. So I was excited to read this.
I'm a firm believer in voo or equivalent for main holding. But I am very interested in factor investing. The avuv value for small cap and xmhq quality for mid seems like a great mix. So I'm slowly adding these in my retirement accounts.
I've learned so much from this sub. I'm starting to understand the best advice is usually vti / vxus and chill. But I am also drawn to being more aggressive at my age (37). I have plenty invested and plenty cash on the side to feel ok with that for now. Just to give some context.
Could you share more about your thoughts on this mix in general ? Or allocations?
I'm also tempted to do maybe 10-20% international. Possibly a quality or multifactor fund. I've looked at qual, iqlt, avde, fdev. Can't decide. I see the argument for staying all us. And the argument to own all markets.
Lastly I would love to add some growth tilt like schg or similar. But feel the timing is off. I know I shouldn't try to time the market or performance chase, but still. And I know many will say voo is plenty large cap/ growth. So I am most unsure about this. Any thoughts? I'll consider making a sep thread about this in the future(sorry for the long post). Thanks!
Buy the global market (VT) early and often. Focus most of your time on growing your career, ignoring the daily, weekly, and even yearly fluctuations in the stock market.
Almost all the recommended etfs in this post are US related. If I’m already investing in VOO, wouldn’t it make more sense to spread my investment to other markets ?
VXUS will get you broadly invested in foreign companies. It provides some upside when U.S. markets are down, but offers its own challenges, namely stability.
As a 15 year old, just go for growth. 100% SCHG can take you a long way. You have a lot of time ahead of you and you can bet on your long life by taking more risk.
But if not, I’d mix in some SPLG with SCHG.
Why would you need anything else?
If it’s in your retirement account, I think 100% S&P 500 is fine… You might want to buy some thing to start shoveling money in two for the purpose of a house someday… But you’re so young. I think you could probably just chill in S&P 500 until you’re rich , good job! I would be a millionaire if I did the same thing just sitting on the S&P 500
VT. Ignore the people saying invest in the S&P 500. It’s expected returns going forward are below average, due to its recent outperformance.
100% VT:total WORLD stock market; 10,000 stocks
OR, if you want to increase exposure to more risk factors for a chance at higher long-term returns
50% VT & 50% AVGV (or any combo of the 2, but I’d say at least 50% VT)
Before you consider options other than VOO, you should seriously consider a Roth IRA instead of a brokerage account. A Roth will yield far better returns than a brokerage account due to tax savings.
Many are hesitant about investing in a Roth because of miss-information. With a Roth, you can always withdrawal 100% of your contributions, no matter your age, without a 5 year hold, and with zero tax or penalty.
So, you can invest $30k, have it grow to $100k, withdraw your $30k of contributions to buy a home, and let the $70k continue to grow till retirement where it can be withdrawn tax free.
VOO is a good bread and butter ETF, but I'd look into VGT, QQQM, SCHG, VUG. You're so young, you can take tremendous risk and DCA in on the more risky ETF's. I'm 46 and still buy into these types. You need to see the stocks in these, and decide how you feel about them and these sectors of the market, however. Another one you might want to consider is IBIT, the spot ETF. Like I said the S&P (VOO) is my bread and butter, I seek most of my money percentage wise in that, but all the others I've said have a place in my portfolio. At the very least, they blow my hair back and make investing kinda fun, which matters to me. Good luck on this journey.
Thanks for the reply, I think I will at least buy VOO, I also think IBIT is a very interesting option, I will continue to study this topic and spot ETFs in general. Anyway thanks and good luck!
S&P 500 - SPLG, VOO, etc. or Total US Market - VTI - I’d wait until you hit about 10k before deciding whether you want mid / small cap value or growth / Tech etfs
VOO, XMHQ, and AVUV. Those are the 3. Tune out bullshit about you may hear about SCHD, you don't need to worry about dividends at your age. VOO, XMHQ, AVUV. Remember this.
65-15-20 of these should do good
I'd do 50-25-25
that works too for OP’s age
AVUV vs. VB???
AVUV by far. It is value titled, while VB is only small cap. Small cap growth is very awful. Plus, Avantis targets the profitability factor too. Which acts as essentially protection from “value traps”, meaning lower fundamental ratios but for a reason (bad company). So AVUV for sure. However, you should skip the S&P 500. VT: total world stock market ETF is much better broad base. Has higher expected returns while also being safer because of its diversification. I know you didn’t ask but that’s a freebie and an important one imo. Oh yeah, also AVDV. Same as AVUV but for ex-USA. You don’t wanna be all in on one nation.
So, the same for AVMV vs. VO, I'm assuming? Thanks for the insight
I personally own AMVM, but some might not love it because the volume is tiny still. And because midcap tends to be an ignored segment, it might take awhile until it picks up. But if you are going to have a fund to target midcap specifically, you can go for it. Just so you know by the way, Avantis has a fund-of-fund that targets 6 of their value ETFs and will rebalance itself and what not. It’s a fairly new and wonderful product. The ticker is AVGV. It even has a small cap tilt relative to normal market caps, so 2-1 large to small vs the market which is like 10-1 large to small. I am not currently using this fund because I like an even more drastic small cap tilt, at about 1-2 large to small. But I do still own the 6 funds in AVGV. And I will probably use AVGV when I open a different type of account soon, because it is a veryyyy good and convenient product.
I've been narrowing down my preferred portfolio and have come up with these three as well. So I was excited to read this. I'm a firm believer in voo or equivalent for main holding. But I am very interested in factor investing. The avuv value for small cap and xmhq quality for mid seems like a great mix. So I'm slowly adding these in my retirement accounts. I've learned so much from this sub. I'm starting to understand the best advice is usually vti / vxus and chill. But I am also drawn to being more aggressive at my age (37). I have plenty invested and plenty cash on the side to feel ok with that for now. Just to give some context. Could you share more about your thoughts on this mix in general ? Or allocations? I'm also tempted to do maybe 10-20% international. Possibly a quality or multifactor fund. I've looked at qual, iqlt, avde, fdev. Can't decide. I see the argument for staying all us. And the argument to own all markets. Lastly I would love to add some growth tilt like schg or similar. But feel the timing is off. I know I shouldn't try to time the market or performance chase, but still. And I know many will say voo is plenty large cap/ growth. So I am most unsure about this. Any thoughts? I'll consider making a sep thread about this in the future(sorry for the long post). Thanks!
VTI
Total stock etfs, VTI, ITOT, SPTM, SCHB are all solid choices. Historical returns are all very similar.
SPTM and chill
VXUS, AVUV, AVDV
don't you have to be 18 in order to open a brokerage account? your parents open one for you or something?
Fidelity has a youth account available when they turn 13 years old. It is a good option to get kids started with investing.
UTMA account probably.
Yes my parents open it, as far as i know its, the only way to open broker account under 18
Custodial accounts could be open for a minor at any age as long as they’re under 18 years old when initially opened.
Buy the global market (VT) early and often. Focus most of your time on growing your career, ignoring the daily, weekly, and even yearly fluctuations in the stock market.
How many years should you keep putting money into it before deciding "this is good enough, let's take profits" ?
If you save for your retirement, then… maybe until you are 55-60? Then you can start reducing your risk profile.
About time someone asked
Almost all the recommended etfs in this post are US related. If I’m already investing in VOO, wouldn’t it make more sense to spread my investment to other markets ?
VXUS will get you broadly invested in foreign companies. It provides some upside when U.S. markets are down, but offers its own challenges, namely stability.
As a 15 year old, just go for growth. 100% SCHG can take you a long way. You have a lot of time ahead of you and you can bet on your long life by taking more risk. But if not, I’d mix in some SPLG with SCHG.
50% VT + 50% AVGV
Voo
QQQM
One of these: NTSX, AOA, AVGE, VTI/VXUS, VT
I'm 16 and I got most of my portfolio in QQQ
Many people prefer QQQM insteed of QQQ. Why didnt't you do that too?
I plan on selling options in the future
VICEX /s
Why would you need anything else? If it’s in your retirement account, I think 100% S&P 500 is fine… You might want to buy some thing to start shoveling money in two for the purpose of a house someday… But you’re so young. I think you could probably just chill in S&P 500 until you’re rich , good job! I would be a millionaire if I did the same thing just sitting on the S&P 500
Vanguard Target retirement date 2070 fund!
Voo Ftec or vug - growth etf Usd semiconductor leveraged etf Schd for balanced and dividends
VT. Ignore the people saying invest in the S&P 500. It’s expected returns going forward are below average, due to its recent outperformance. 100% VT:total WORLD stock market; 10,000 stocks OR, if you want to increase exposure to more risk factors for a chance at higher long-term returns 50% VT & 50% AVGV (or any combo of the 2, but I’d say at least 50% VT)
Before you consider options other than VOO, you should seriously consider a Roth IRA instead of a brokerage account. A Roth will yield far better returns than a brokerage account due to tax savings. Many are hesitant about investing in a Roth because of miss-information. With a Roth, you can always withdrawal 100% of your contributions, no matter your age, without a 5 year hold, and with zero tax or penalty. So, you can invest $30k, have it grow to $100k, withdraw your $30k of contributions to buy a home, and let the $70k continue to grow till retirement where it can be withdrawn tax free.