QQQM

CanadianBaconne

QQQM is my favorite. Index funds always have recovered after recessions. I was put in a bond fund in 2009. Lost money on that one.

Educational-Fun7441

If ur under 30 just buy QQQM for the next 5 years. Switch to VOO after

Firemeupbaby2009

Index funds are the best for retirement accounts. The most popular index funds track the S&P 500. My favorite S&P 500 index fund is SPLG because it has a very low expense ratio. 0.02%. You also can't go wrong with the XLG or the QQQM as well. These other two funds are more up and down but over the long term have generated massive returns and should continue to do so. The ratio in my brokerage account is 80% SPLG with 10% in the XLG, 10% in the QQQM. This is the ratio that I allocate new money at and it has worked very well over time and because these are long term holding I haven't sold any shares in these since 2021. I am adding shares every month when I receive income as well.

whicky1978

QQQM for tech

Pushinir0n

You have your foundation (VTI) You have your dividend covered (SCHD) and You have your growth covered (QQQM)

Pushinir0n

Invest in VTI 60% SCHD 20% QQQM 20% . That’s exactly what my Roth is too. Leave it alone for 20-25 years . Keep making it out.

8utterbee

This is from one of my portfolios: 33% Foundational: SPLG (or IVV or VOO) 33% Growth: QQQM and VGT (or XLK) 33% Dividend: DGRO (or SCHD) I’d make it 40% in foundational, 40% in growth, and 20% in dividend if as young as 21 years old :-)

PremiumQueso

Options are gambling more than investing. Buy a solid ETF you have researched to start. Let that sit 20 years and you’ll beat the vast majority of option traders. Plus with a set it and forget it ETF strategy you don’t have to follow the market minute by minute. I’ve only bought three ETFs in the last 12 months. VONG, QQQM, and SCHD. I make at least one purchase a month and never sell. I used to buy individual stocks. But I’m 100% ETF now. I can’t see my strategy changing much in the next 12 months. Maybe trade out SCHD for DGRO or VIG.

Daneish09

Sell everything. But VOO and QQQM. Buy in lots of 100 and SELL low delta covered calls.

castxa

I have been doing that with QQQM. DCA $10 per week, all automated and prescheduled.

Rav_3d

Lots of people saying to stay away from technology have a short-term bias. In every bull market, there are naysayers that believe everything is "priced in" and prices are up "too much" and therefore it is a risky investment. While they *may* be right in the short-term (which I disagree with) it is irrelevant to your question. With a 40 year view, I would take some risk. Sure, you can put it all into VOO, a nice boring way to track the S&P 500 and you'll do fine. But if you allocate some of that investment to VGT and/or QQQM the long-term outcome will likely be *much* better. Technology leads, especially now with AI-fueled innovation and productivity gains still in its infancy. Most importantly, keep investing regularly. At 21 years old with a $90K head start, you will very likely be a multi-millionaire in 40 years. Congratulations for having a great head on your shoulders at such a young age.

AlgoTradingQuant

VTI or VOO and chill…. Sprinkle a little QQQM if ya want

Sharaku_US

Split 4 ways: SPY, QQQ, high dividend, government bond ETFs. No specific brand but VOO and QQQM are basically the same with lower fees. However SPY and QQQ are the most liquid.

perfmode80

> Taxable Account: VOO, QQQM, SCHD or VIG Assuming you're still working (and thus do not need dividend income), holding SCHD/VIG means generating taxable dividends. This means paying taxes even if you never access your investments. The conventional wisdom is to avoid dividends in taxable accounts.

DCFInvesting

Hey man, an advisor certainly is not for everyone. Clearly we aren’t for you. I love the work I do and feel very confident that we are doing the right thing. How many times have families sat across from you and cried about things happening in their lives? Then in the same conversation thanked you for all the work and help we are providing? There is not a single client in our firm that pays for service that “shouldn’t be” We host free family events and education sessions multiple times a year. We set up tailgates, and baseball games. Ice cream socials, celebratory dinners. We go to clients family sporting events, we attend graduations and funerals. We use low cost ETF’s (25 basis points and under - QQQ/QQQM are highest costs currently) as well as individual stocks and bonds. A client can look in their portal and see exactly how much money they pay us each year. We have clients paying us over $40k/year and you know what? They have absolutely no problem with it because they see the value we bring. What do you do for a living?

MattieShoes

> So in September, from what I've found in this sub and others, I'll begin making substantial loan payments to knock them down right away Make yourself liquid first. Throw a bunch of money in a money fund -- say six months expenses. You'll be eating some interest on the debt, but it'll be partially offset by the interest on the money fund. > I'll attempt to max out the 401k plan that we have access to Bare minimum, get any matching funds available. But at $165k, yeah, I think maxing it is the right move even if it slows down paying off the student loan debt. Also, Traditional contributions. > I'll open an IRA (traditional...instead of Roth because of my income?) Backdoor Roth. You'll make to much to contribute directly to a Roth IRA, so you contribute to a Traditional IRA (won't be able to deduct the contribution because you make too much), and them immediately roll it into a Roth IRA. Since you're already paying taxes on the Trad contribution, it's kind of "free" to do so, and much better than leaving it in a Trad IRA. > 70% VTI, 30% QQQ. QQQM, not QQQ. Lower expense ratio, and basically identical as long as you aren't doing stupid things with options. Yeah, plan seems pretty reasonable. You'll be tech heavy, but I think long term, that's probably a very good thing. A lot of folks here are against picking stocks with good reason, but I think taking a bit of bonus money and picking isn't a bad thing. It keeps you engaged, you learn things, you gain experience, but you aren't threatening the vast majority of your funds. Just a tip re: picking stocks -- account for opportunity cost. If you HADN'T been buying that stock, you'd have probably been buying VTI. So record the price of VTI when you bought so you can see whether you're accomplishing anything in exchange for the higher risk. Just for example, I bought AMZN back in late 2020... I'm up like $1,400, but if I'd have thrown it at VTI, I'd have been up like $3,800. So functionally, I lost like $2,400 as of today. The other benefit of doing something like that is it puts losses in perspective... If you buy something that drops but the entire market is dropping at the same time... meh.

fledgling66

The morning after the stock market shut down because of the dumb Iran thing, I dumped the rest of my dry powder into QQQM and XLK and it’s feeling damn good right now. Pro tip: when disaster strikes and the fucking stock market has to put the breakers on and shut down, put some money into it as soon as it goes back online.

fledgling66

I know you’re all a bunch of bears in here, but the morning after the stock market shut down because of the dumb Iran thing, I dumped thethe rest of my dry powder into QQQM and XLK and it feels damn good. Lesson: when disaster strikes in the fucking stock market has to shut down, put some money into it when it goes back online

Cash_Option

Sell everything and buy QQQM and SCHD i know that's boring but i bet you will beat the s&p 500

brewgeoff

If you’re trying to gain some diversification from the funds available in the TSP then I would consider funds such as: MOAT, MXHQ, AVUV, COWZ, FNDX, IWF, QQQM, DGRO

AlphadeltaThirteen

To preface all of this: I (25M) work for a federal agency where I’m not allowed to invest in the stock of banks or their holding companies. I have roughly $18,000 invested in personal retirement accounts (about $8000 in trad IRA and $10,000 in a Roth IRA). I make $78,000 a year and I’m about to get a 10% raise, plus another 8% in 2024 and another 18% or so in 2025. I don’t have any debts. I have a Roth 401k that I contribute 5% each paycheck to, and the same for the federal TSP. Both are matched by my employer, for a total of 20% of my salary to employer sponsored accounts. Both are invested entirely in target date funds where the managers adjust my allocations into more bonds and conservative investments as I age. This gives me some exposure to less risky investments without violating my company’s rules about investing in banks. I have about $6000 in a HYSA and $10,000 in a separate emergency fund. With all that out of the way: I’ve invested my IRA and Roth IRA entirely into QQQ. I also found out about QQQM recently, so I’ve been investing into that to take advantage of the lower fees and plan to continue using QQQM going forward. I have two primary questions: 1. Is it safe and sustainable to invest into QQQM as my DCA retirement vehicle? I know people say to invest in VOO, dollar cost average, and forget about it entirely, but I can’t hold VOO because it has several bank stocks in it. 2. If the answer to my first question is no, is there an ETF anyone can recommend that tracks VOO, or a similar broader index, but with no financials? (I know QQQ has financials in PYPL, so those kind are fine, but no banks or companies that own banks) I essentially just want something to passively and mindlessly invest in that tracks the broad market but that won’t get me in trouble with my boss. Any tips would be greatly appreciated. Thanks everyone!

hboisnotthebest

100%. If I wanna puke while looking at my 401k or IRA, that means it's time to buy in my individual. I check around 3:15 every day. Bought a bunch of QQQM, AMZN, and LQDA at close on Friday as well.

Sweet-Sea5935

Hey guys. I'm very new to this subreddit, I just joined yesterday and I was reading through all of the posts/comments. And I have two questions actually. The first is, why are a lot of people recommending investing in VOO, QQQ, SCHD, and QQQM? | was wondering what interests a bunch of people on it. Secondly, I'm somewhat new to investing and have taken it seriously within this year. I just wanted advice on what to invest in and how to more diversify my portfolio. Backstory is that im 20M, sophomore in college, and my main goal is to save for 2-6 years or till I am able to afford a car. I do have a part time job and an internship. I do currently have stock in NVIDIA, Microsoft, SCMI, SCHD, VTI, and Apple. But none of these are actually 1 whole stock its like 0.178181 for SPY for example.

dead-kelp

For NASDAQ 100 there is QQQ and QQQM. For NASDAQ Composite is there any alternative to ONEQ?

dead-kelp

For NASDAQ 100 there is QQQ and QQQM. For NASDAQ Composite is there any alternative to ONEQ?

Miguelperson_

I just need QQQM to get back to 181 by July so I can pay off my 0% Apr card that I maxed out to invest with

MikesMoneyMic

Sell all the junk in your account. Holding on to losses creates more losses. Buy VOO SCHD QQQM

Pushinir0n

Lol I bought some ETFs like VOO AND VXUS for my taxable and VTI SCHD QQQM for my Roth . That was like 2-3 weeks ago. And everyday all I’m seeing is RED lolol.. I mean I’m in it for the long term but fuccckkk I’d like to see a Green Day one day 🤣🤣🤣🤣

Adventurous_Sky_7936

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 it’s anything but nothing but gains; buying at the top or on hype comes with inherent risks. I’m 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 ain’t easy. What’s 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, SOXQ…I own SOXQ which is about 12% NVDA, QQQM is about 7%, VOO is over 5%. Finally I’d 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 don’t do what I did. If you want to maximize profits sacrifice your time to do your research. If you don’t then you’ll sacrifice your money to learn those lessons. Good luck!

RJ5R

Your core investments in your retirement accounts should be the broad market. If you want to do growth plays on the side in your taxable brokerage either via index fund like QQQM or VUG, or stock picking, go right ahead.

Pension2options

QQQM and chill. My 401K doesn't have that, so [https://www.reddit.com/user/Pension2options/comments/1bxor4f/401k\_timing\_is\_a\_a\_lowlevel\_skill/](https://www.reddit.com/user/Pension2options/comments/1bxor4f/401k_timing_is_a_a_lowlevel_skill/)

Cruian

What's the reasoning for QQQM? Is it based on an actual understanding and agreement of the inclusion criteria, or is it simply performance chasing? If the IRA uses VTI + VXUS, consider similar but different funds for taxable in the event you ever wish to tax loss harvest. Such as ITOT or SCHB for US, IXUS or VEU for ex-US.

PixelMagic

I've owned QQQM for 2 months and it's been a bitch the whole time.

Interesting-Fuel238

This is a great discussion but highlights the problem in answering this question. For the last 20 years growth has outperformed. But in the 80s it was value, late 90s was tech, etc... Answer is nobody knows. Past performance does not predict future results. At your age you have time on your side but a 40% dip would be a setback, so I would diversify in multiple funds. VOO, QQQM are both popular, maybe even a Russell 2000 index incase the much-promised small cap boom every really happens.

Nuclear_N

VUG has an impressive return. VOO or the 500 is my base investment and essentially what I have as my base. It is what I consider the market. I also have a mix of QQQM, which is more VUG....but VUG performed better. I have a mix in my investments of SPY, QQQM, and then specialty indexes/AAPL. I like SPY as a base because I just feel long term it will come back out of any down turn that I have lived through. QQQ I see as a bit more risky, buy returns are amazing. I probably could find a fund that is in the middle somewhere, but that is much less fun than seeing the shiny semi conductor index bring in 100% return.

Adventurous_Sky_7936

VT, VTI, or VOO 1/3 SCHD, VYM, or SPYD 1/3 QQQM, SCHG, or VUG 1/3 Do your research. Understand what the funds hold and their weight. Expense ratios, dividends, historic returns, sectors, liquidity, overlap…

Nuclear_N

QQQM. For the long hold.

soccerguys14

VUG, QQQM, & VOO for me. Sprinkle a little AVUV

Cash_Option

SCHD QQQM buy every payday and chill

bjt23

I mean I don't have any money in gold at present so you won't hear any argument from me. VOO or QQQM offer better returns, especially since I'm not retiring anytime soon. Probably makes sense for some people though.

BlackBastado-2124

I am working 2 hours of OT daily, and I’m using it to but QQQM and SCHD daily. Every 2 weeks my 401K invest $884 in the market. Every month I get my military pension and I dump all of it in the market. Set it and forget it, not wasting any more time trying to figure out this market.

wahwahweewah12321

Mine is 70% VOO and 20% QQQM and 10% UPRO, today didn’t really hurt because I’m up 58% instead of 60%. If you are young you shouldn’t even need to think about bonds for a few decades at the least. Focus on riskier positions and manage your tolerance for turbulence, it will make you a hell of a lot more money than balancing your portfolio like you’re 60.

bryce_w

Not sure why you would go QQQM over QQQ

Pushinir0n

VTI QQQM SCHD for the next 20 years

UsernameIWontRegret

There’s a lot of overlap between SPY and QQQ. 85% of QQQ’s holdings are in SPY. If you were to do QQQ, do QQQM, it’s the cheaper version of QQQ with lower expense ratios.

Ghorardim71

QQQM/VUG/VOO/VT depending on your risk tolerance.

dacalo

Just buy QQQM.

Ok-Cauliflower1823

Hey all, I currently have only a 401k with company for the match. I am about to open a Roth IRA and am unsure of what ratio and exactly what to invest in, currently this is what I'm looking at doing, id appreciate any help or advice. I'm 33 and this will be held till retirement. VOO/VTI ? SCHD QQQM SMH Maybe VGT or MGK? Want to stick to 3-5 of them. Thank you!

midimurph

I recommend starting with 100% allocation in VOO. I wouldn't overthink it past that if your just starting out with $1k. Setup auto invest for 5-20% of your take home pay into VOO no matter if it's going up or down. I do half of that 5-20% in my wealthfront HYSA for a guaranteed 5% return and quick access to my money in an emergency. don't withdraw anything until absolutely necessary. define your budget, automate your payments, and forget about. fine tuning your portfolio has minimal value when just starting out, but if you want to nerd out then look into some ETFs like QQQM, XLK, SPAXX, and SCHD.

SnS2500

"Expensive" meaning $728 or a PE over 40? https://etfdb.com/stock/COST/ The top three ETFs holding COST performed worse than a savings account the past year, even while COST is +50%. You could try QQQM or PWB or maybe NUGO.

Ghorardim71

Buy QQQM, you'll get better returns in 3-5 years. Dash 137, QQQM 180. !RemindMe in 3 years to check the stock prices.

MikesMoneyMic

Tell your dad to dump that investment manager and do it himself. VOO QQQM SCHD is all he will need. If he wants a higher risk/reward add in a small amount of BITO (like 10% or less).

Effective_Cheetah838

With my 401K mirroring VOO, how bad is dumping my HYSA into: QQQM 50% SMH 35% SOXL 15% I need something aggressive. Already spent 2 years losing $500 per paycheck on few-weeks-out call debit spreads.

jeffh19

just buy some growth funds (or probably total market if you're holding forever which is always the smart thing VUG VGT (tech not technically growth fund) QQQM (nasdaq not technically growth but full of the biggest growers/tech companies) But my recommendation is just buy as much VTI or VTSAX as you can as often as you can and never sell it and become a millionaire way faster than you'd think instead of making some wrong guesses and not timing stuff right etc etc

GaylrdFocker

>At first I really liked $QQQ since it has had the highest returns out of the 3 **since inception** dip for these growth index funds recently  don’t want to lose money buying in at the top. These statement pretty much tells me you have no idea what you are talking about. QQQM is QQQ with a lower expense ratio. QQQ is set up as a Trust (UIT) and QQQM is an open ended fund. QQQ has been around a lot longer which is why the return since inception. You should just dump VOO/SCHD/SPYI and buy VTI/VXUS or VT. Don't want to lose by buying at the top? Who's to say it doesn't keep going up though? The market regularly sets all time highs. What is recently? They lost like 30% 2 years ago. That's very recent when you aren't gonna retire in almost 40 years.

Xzyrvex

Just set up a recurring investment weekly, biweekly, monthly, or even quarterly for FXAIX and let it sit. Just make sure to max it out each year and don't worry about anything you read on the news. If you really have a reason to buy QQQ then go for it, (but get QQQM), but most people are just preformance chasing with it. If you want I'll go over why exactly I reccomend FXAIX instead of all the rest. Good luck! :)

Sensitive-Disk-9389

Caveat im not a financial advisor, but if I was in your shoes, #1 is better of the two choices. If I had more choices, I would do something like this: 35% VOO 20% VTIAX 30% QQQM 15% VYM More importantly, there is a lot of market timing risk to just drop 250k in the market in 1 day. I would spread out my buys in 25k increments over the course of a few years. Pick a random day do it quarterly. Then sit and wait 30 plus years. Reinvest dividends of course.

crazybutthole

It doesn't have to be 40/40/20 You could easily do VTI 25% QQQM 25% VOO 25% VXUS 13% SCHD 12% It has a lot of overlap - but who cares? It's a great portfolio and not too much thought to put into it.

signo1s

I mean if I just went with my gut I would probably just do VOO/QQQM 50/50 or VTI/QQQM 50/50 and just be done with it. What's really the difference between voo and vti?

signo1s

So for me I am kinda thinking either 50/50 VTI/QQQM or 80/20 VTI/VXUS or 100% VTI? Also saw a guy on youtube sayins 40/40/20 VOO/QQQM/SCHD any thoughts?

Effective_Cheetah838

Dumping all of my HYSA into my brokerage account. Very little to no 401K. Below is the play.. QQQM 75% SOXL 12.5% TQQQ 12.5% I am not selling the 3x LETFs until I see 1,000% return on them. *Saw a guy asking for advice on reddit after his almost ATH purchase of $SOXL at $50 went down to $10. People were quick with "that's what happens when you long a leveraged volatile...", "now you need a 400% to recover..." blah blah. The post didn't age well because guess what?! A 400% did happen and $SOXL is back to $45! The guy broke even. I don't see a problem; is there a problem?* Can this go wrong? I don't see how.

Effective_Cheetah838

What am I not seeing? With 401K split 50-50 between Vanguard Target Retirement & SPY, QQQM 75% SOXL 12.5% TQQQ 12.5% Saw a guy asking for advice on reddit after his almost ATH purchase of $SOXL at $50 went down to $10. People were quick with "that's what happens when you long a leveraged volatile...", "now you need a 400% to recover..." blah blah. The post didn't age well because guess what?! A 400% did happen and $SOXL is back to $45! The guy broke even. I don't see a problem; is there a problem? My brokerage account >>> 401K so I am technically all-in on the 3 ETFs.

Royal_Parsley_2149

VOO and QQQM are highly correlated and very tech heavy. I would look at diversifying a bit more and consider ETFs that cover other sectors and regions. You can also balance your portfolio by buying say 20% of a dividend ETF such as SCHD to enjoy monthly dividends that you can reinvest while providing better diversification and protection against events impacting the tech sector.

Royal_Parsley_2149

VOO and QQQM are highly correlated and very tech heavy. I would look at diversifying a bit more and consider ETFs that cover other sectors and regions. You can also balance your portfolio by buying say 20% of a dividend ETF such as SCHD to enjoy monthly dividends that you can reinvest while providing better diversification and protection against events impacting the tech sector.

gzach214

Investing strategy for 26yr old Looking for some advice on which etfs to invest in. Have around 50k and will continually put in around 500-700/month. Don’t plan on touching it till I retire, hopefully early. I’m thinking about a 60/40 VOO/QQQM split. Is this enough diversity or would anyone recommend anything different?

greytoc

I personally would use the mutual fund because of the lower expense ratio. Bear in mind that FSGPX benchmarks and tracks the Russell 1000 Growth so it's a bit different than QQQM. QQQM tracks the Nasdaq 100. The Russell 1000 Growth index isn't limited to companies which trade on the Nasdaq so it could be a better option.

crazydodge

I'm interested in nasdaq/large cap growth area, for long term investing. I was going to go with QQQM, but recently came across FSGPX. I get that one is ETF and the other is mutual fund, however I'm not going to actively trade so it doesn't matter. The expense ratio of FSGPX (0.03%) is little less than QQQM (0.15%). Is there any benefit for me to go with QQQM instead (ie long term hold)?

Dosimetry4Ever

Can you elaborate, please? If you were me, what would you do differently? My balance is $24k atm with additional $1000 per month. I have 50% invested in long term hold QQQM and SOXX, and another 50% to play with options. If you have $12k in cash, what would you do in this case?

bluedog628

Hi All!! I graduated from college last year, am now making about 50k (in a fellowship position, so no 401k available yet) and want to think about investing for the future. I have a slew of random conservative ETFs and such I dump into now and then (VOO, VTI, QQQM, SPY, etc) and money in cash funds if that's what they even are (SPRXX, FDRXX, FXAIX, etc) and a few random stocks here and there (google, apple, Microsoft), but truly I have no idea what I am doing. I wanted to ask about any advice you wish you had at 22 when it came to managing your money. Is a high yield savings account needed? how do I make one, where, how much do I put in? Should I open a Roth IRA? How do I learn what the hell that really is and what I need to do to have one? Where should I be learning this kind of stuff? I'm currently saving over $1000 a month but its just sitting in a checking account... so please lmk what I should be doing that's a little bit more risky than this because I know I'm young, but also not too crazy like trading stocks, which I am simply not cut out for.

Nuclear_N

Pretty much SPY and QQQM. They overlap quite a bit.

bluedog628

Hi All!! I graduated from college last year, am now making about 50k (in a fellowship position, so no 401k available yet) and want to think about investing for the future. I have a slew of random conservative ETFs and such I dump into now and then (VOO, VTI, QQQM, SPY, etc) and money in cash funds if that's what they even are (SPRXX, FDRXX, FXAIX, etc) and a few random stocks here and there (google, apple, Microsoft), but truly I have no idea what I am doing. I wanted to ask about any advice you wish you had at 22 when it came to managing your money. Is a high yield savings account needed? how do I make one, where, how much do I put in? Should I open a Roth IRA? How do I learn what the hell that really is and what I need to do to have one? Where should I be learning this kind of stuff? I'm currently saving over $1000 a month but its just sitting in a checking account... so please lmk what I should be doing that's a little bit more risky than this because I know I'm young, but also not too crazy like trading stocks, which I am simply not cut out for.

Historical_Low4458

Well, assuming you mean that your portfolio is 70% stocks and 30% bonds, probably the easiest way to attempt take it grow is to switch back to 80/20 where that 80% is some combination of a total market index/S&P 500 index fund and something like QQQM. Depending on age, then maybe you should consider something less than 20% bonds. Like maybe changing it to 10-15% instead.

greenpride32

[https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator](https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator). Time is your biggest ally. I sugest you set aside x% of disposable income and put it into the SP500 (VOO). You might want to diversify into NASDAQ100 (QQQ or QQQM) but it's much more volatile. Now punch your numbers into the calculator. Adjust your contribution as needed to meet your goal. If you aren't able to meet your goal, you'll need to consider finding ways to increase your income. Notice as you increase the number of years the numbers grow faster - this is known as the snowball effect. While the percent return is the same on $5,000 vs $50,000, the dollar amount return is substantially higher in the latter. Again time is your biggest ally - the earlier you start the larger the reward. Decades of data tells us that SP500 returns about 10% annualized return. Of course there can be great variance from year to year, and even long stretches of downturn. But again time is everything and in the long run you'll be ahead. The average indivdual investor is not going to beat the SP500 simply because they don't put in the time and effort - so if you can't beat it, join the club! Now I've reached the age where I know many millionaries and multimillionaries. If you saw their house, their car or the way they dress you would not guess they are. But they saved and invested early. On the flip side, I know others who have the fancy house/car/clothing/vactions but they are living pay check to pay check. Now if you earn enough there's nothing wrong with living the lavish life style if that's your desire. But my main point is you have control over your finances, IF you start early AND you stay dedicated.

soccerguys14

Time for me to sell QQQM

HamRadio_73

Warren Buffett tells retail investors to put 90% allocation into S&P 500 low cost index (VOO qualifies) and reinvest the dividends The other 10% into Treasuries for liquidity. Or if you want some NASDAQ 100 exposure the QQQM is a lower cost version of QQQ. Disclosure: we are long both VOO and QQQM in our portfolio.

Bradymyhero

Just pick a few individual "safe" stocks if you want (I have most Magnificent 7 and some blue chip stocks) otherwise roll with VOO. I also DCA into QQQM to get Nasdaq/tech exposure.

crazydodge

Looking to invest my money in Roth IRA. I'm 35, not active/regular investor, just going to buy and hold. I'm interested in nasdaq/large cap growth area. I was going to go with QQQM, but recently came across FSGPX. I get that one is ETF and the other is mutual fund, however I'm not going to actively trade so it doesn't matter. The expense ratio of FSGPX (0.03%) is little less than QQQM (0.15%). Is there any benefit for me to go with QQQM instead (ie long term hold)?

PixelMagic

I've only been investing for a month and the whole time QQQM has been a little bitch.

Key-Mark4536

Basically the same. Within each group they track the same index, so they should provide the same returns. Main thing after that is fees. \* VOO, SPFIX, and other funds like SPLG and FXIAX track the Standard & Poor's 500 index ("the S&P"), which is more or less the 500 large US-based companies (they have other selection criteria that aren't terribly important here). When someone talks about how "the market" is doing, they're probably think of the S&P. \* QQQ, QQQM, and NASDX all track the NASDAQ-100 composite index, which is the 100 largest non-financial companies that trade on the NASDAQ stock exchange. This index is popular because it tends to be more tech-heavy.. \[Assuming you're in the US, NDX is the index itself. You can't own that, it's just the result of a math problem.\] Once you've decided what parts of the stock market you want to invest in, next consideration is usually fees, aka the "expense ratio". I'm seeing that SPFIX charges .41% of your balance per year and VOO charges .03%, so VOO would be significantly cheaper. --- Side note, but the funds whose tickers have five letters ending in X are mutual funds, while 3-4 letters indicates an exchange traded fund (ETF). The main difference that most people care about is that ETFs can be bought and sold during the day, while mutual funds are bought and sold overnight after the fund has recalculated the value of the assets it holds. For that reason most people these days prefer ETFs, but someone prone to gambling may feel more comfortable with a mutual fund because they can't trade on a whim and won't see the price change minute by minute. Also, since some mutual funds are been around for decades (SPFIX started 4/20/1992), sometimes they still carry restrictions and fees that were customary 20 years ago, like a minimum balance to invest or a transaction fee. Keep an eye out for those.

simplehuman77

XLG is not a direct equivalent to VOO or SPY or SPLG. XLG is a concentrated fund of the top 50 or so largest companies within the S&P 500. So it excludes the remaining 450 or so that are in VOO and the others mentioned. If you are including a growth fund (QQQM/SCHG) in your 3 fund which you are then you’re going to be concentrating on those largest companies even further. I would stick with VOO or SPLG (as it has a lower expense ratio than VOO). But in the end VOO/SPY/SPLG and other S&P 500 index funds will be within .1 or so percentage points. They are all 99.95% the same thing, so stick with VOO or SPLG for that core fund.

Wisex

Gonna be honest I'm not too mad about the dip, sold a QQQM call thats not out of the money again and expiring on the 16th or some shit, I like volatility lets me make sweet premiums

singlemaltwhisky

VOO and VTI and QQQM appear to have a large overlap. That was my main concern. I need to read up on MOAT.

bam2350

I would not put 30% in international. Have you considered something like VTI or QQQM? i find MOAT to be interesting. Think about 15% into international and then another choice or increase VOO with the rest.

stuvida

1- No idea - didn't even know there was a QQQM! 2- It's not just OK to do it automatically, its the best the way. Automating removes having to make a decision or having to remember. On red days yes you could add more, not a bad idea BUT be aware that red days can come in clusters 3. In theory there is no ceiling for as stock to go higher. I suggest not worrying about specific price levels and stock splits, but you are right to be cautious about stocks that have increased in price in a short period of time.

notreallydeep

>What makes them different and have different price points? QQQM is slightly more efficient (lower expense ratio). Different price points are just a result of different share counts, it doesn't matter. >How high can a stock realistically go? Sky is the limit. The highest I know of is an increase of ~266900% (PI Industries). So that's what can happen realistically since it happened in reality.

Different_Stable4637

im new to investment and i still don't get it, i opened account on ibkr and bought alot of VOO and QQQM so how would i see the compound interest?

CapC

mid 30s 401k: 60% doxgx (dodgx) 30% trbcx 10% aasrx roth ira: 65% avuv 35% avlv brokerage: 40% SCHB 40% SCHF 15% QQQM 5% municipal bonds various single stocks

ClassyReductionist

I bought in IBIT at $25 per. Its around $36 right now. My out is at $50. About 20% of my brokerage account right now (none in my IRA which is 70% VOO and 30% QQQM). Its fun too watch the asset roller coaster around but I would just YOLO and hold until eventually you meet your out or bust.

quuxquxbazbarfoo

>I just don’t understand that whole put $100 in and in 5 years you could have $50k I don't understand that either. It's more like put $100 in and in 5 years you could have $200. You can open an account for free with a broker like Schwab, Fidelity, Vangaurd. Transfer some money to it from your bank account using the broker's online transfer service, and focus on low cost ETFs for now like VOO, QQQM, (there's a lot of others to choose from). I'm not sure which of those brokers allow fractional share purchasing, but it sounds like you'd benefit from that right now since you wouldn't have to purchase an entire $477 share of VOO, you could just buy $20 worth for a fraction of a share.

GaylrdFocker

Zero reason to have VTI/VOO/FXAIX all at the same time. Do not use TQQQ (notice how TQQQ never returned to all time high even though QQQ did) or individual stocks, and QQQM is fairly close to VUG., you could pick VUG instead of QQQM but wouldn't do both either. Holding VTI and QQQM/VUG is very aggressive and a decent long-term plan, but you should have 20-30% Intl fund (VXUS or similar). >I read online that this may be too safe for someone my age  Not at all. 100% equities is not "safe" it's very aggressive and being 100% US is more aggressive because Intl has outperformed US and the past and may again, just hasn't lately.

UsernameIWontRegret

The reason I prefer SCHG over QQQM is because QQQM only pulls from the Nasdaq, whereas SCHG pulls from the entire publicly traded market. I feel like that gives better coverage.

Charlie_Q_Brown

It does and VGT and QQQM consistently beat SCHG and VUG. The less stocks in a basket, the more the volatility. When I was young, I enjoyed the wonderful world of growth and technology. Now that I am old, I really like the lower stress and sleep I get every night.

surffrus

Or have you considered QQQM?

ADynes

Going into today 30% ETF's, 65% shares (mostly AAPL and QQQM), and 5% options. If we pump I'm going to be real happy. If we dump I lose 5% and hold the rest because eventually stocks only go up.

foldinthechhese

Sign up for Robinhood Gold and deposit $583 into your Roth IRA every month. You can set it up automatically through Robinhood. This will max out your Roth and that’s the minimum goal you should set every year. Set your Roth to buy VOO and possibly a small percentage of a tech ETF like QQQM or VGT. You could also add an international ETF for better diversification (The US has dominated the last 15 years, but that will change). Here’s the cool thing about a Roth. When you turn 59.5, your millions will be all yours as you will not have to pay taxes. The other thing to note is any contribution you make, can be pulled back out for no penalty. So let’s say you weren’t sure you could manage the $583 a month. But you maxed out your Roth anyway. If you needed access to your contributions for any reason, you can withdraw them with no penalty.

ADynes

True story: I once asked out Rachel Ray. She was doing a book signing liken15 years ago and my wife at the time went. She told her I was a big fan so she called me and talked to me on my wife's cell. She said "Hi OP it's Rachel Ray" and the first thing out of my mouth was "Hey Rachel Ray do you want to go out sometime?" She started laughing and said your wife is right here. I said she'd understand. Then she said I'm engaged. I said I can keep a secret. She laughed and said bye OP and handed the phone back to my wife. I tell you all this because if you don't take chances you'll always wonder. With that said my buys today were SPY 522c, AAPL 187.5c, AARY 22.5c, 130 AAPL shares, and 45 QQQM shares. Godspeed fellow regards.

Nuclear_N

SCHX, VOO, SPY....a slight difference in fees but same investment type. I would also look at splitting to oneQ, QQQM or similar nasdaq index as well.

Interesting-Fuel238

technically, QQQM is the better buy for the lower expenses. Same holdings. 

HZVi

QQQM is like 50% of my portfolio. It’s a great one for the AI and tech play, which are the best plays imo. Technology is the driver of all growth

checkmate14

QQQM