Should i put 300k into an S&P 500 ETF?

[Tall Mike]

Yes, VOO is a good option.

If that is your strategy though, you cant look to sell the first time you see a 20% drawdown. So make sure you fully understand this IS a long term investment. Make sure you truly understand that.

Selling puts doesn't (generally) outperform just holding the index.

You can't time the market so anybody saying now the market is "too high" is just kidding themselves. You could have made the same argument in 2014, 2015, 2016, etc. and you would have been waiting on the sidelines missing out on the bull market. You see my point.

You have a little over a 70% chance on average of being positive on your investment after 252 days after buying SPX. Baseline drift is a thing.

Time in the market > timing the market.

Good luck.

 

[mervyn]

this doesn't do better than indexing.

for unlevered spy and qqq, it does. once you are in a position, sell covered calls to the upside and plow the premiums in using cost average.

 

[PPC]

I think about selling an appartment and putting the 300k into VOO (Vanguard 500 Index Fund ETF) as my retirement plan. (I'm 30)
This would be my first investment towards retirement.
I did quite a bit of research and if i understand correctly this is one of the safest investments i can make long term/for retirement, right?

Look, I don’t believe that asking people on internet is the best place to ask, the majority of traders lose money (similar failure ration applies to this forum) and so be very careful with any advice.


Nevertheless, consider the following:

What if you invest at the wrong time? The economy is not that good, the government is printing money and created massive debts and that cannot go for ever.

If you decide to invest in the index, then be aware that IBD’s CANSLIM is proven investing method, and there is IBD’s ETF which historically beats S&P 500

Also, have you considered some diversification and maybe stashing some money into gold or silver ETFs?

Or Oil / Energy ETF?

Or agriculture ETF?

I'm NOT suggesting that you invest in any of these, I have no idea where the market is going to be tomorrow, let alone in few decades. Nevertheless, putting it all into extended index after years of money printing seems like bit of a gamble at this period of time.

Therefore, maybe some diversification could be considered to reduce the risk.

 

[M.W.]

IBD is one of the worst financial sites, almost at the same level than Forbes or CNBC. I rather take in lots of opinions of anonymous users than listen to advice on websites that only ever heard of the long side and stocks only going up no matter the environment.

Look, I don’t believe that asking people on internet is the best place to ask, the majority of traders lose money and so be very careful with any advice.


Nevertheless, consider the following:

What if you invest at the wrong time? The economy is not that good, the government is printing money and created massive debts and that cannot go for ever.

View attachment 322706



If you decide to invest in the index, then be aware that IBD’s CANSLIM is proven investing method, and there is IBD’s ETF which historically beats S&P 500

Also, have you considered some diversification and maybe stashing some money into gold or silver ETFs?

Or Oil / Energy ETF?

Or agriculture ETF?

I'm NOT suggesting that you invest in any of these, I have no idea where the market is going to be tomorrow, let alone in few decades.

Therefore, maybe some diversification could be considered to reduce the risk.

 

[murray t turtle]

Dollar cost average

%%
EXACTLY;
time in market better than timing market.
VOO is about the same as SPY.
Best way is buy every month, 40 years, common millionaire pattern ;
NOT likely any with sense, would put that $300k @ 30 years, in in just one month.
Dave Ramsey has some good tips, invest across 4 or 5 good funds, every month .
Me i like SPY, Roth + QQQ[HI PE + high % gains] some, even with 80%QQQ drawdowns in bear of 2000-2002.
LOW PE like DOW\DIA tends to go low,+ lower but i dont regret recent DIA ,related profits, SEPT.
I would put a 7th or 8th part [or 10%] in a SCHW money market, asap since i 've done that; + i've looked @ all that that manager has bought.

 

[Overnight]

...
Nutcase.

I'll take that as a compliment I guess, because it could have been worse.

P.S. The SP 500 is not tulips.

 

[hilmy83]

Look, I don’t believe that asking people on internet is the best place to ask, the majority of traders lose money (similar failure ration applies to this forum) and so be very careful with any advice.


Nevertheless, consider the following:

What if you invest at the wrong time? The economy is not that good, the government is printing money and created massive debts and that cannot go for ever.

View attachment 322706



If you decide to invest in the index, then be aware that IBD’s CANSLIM is proven investing method, and there is IBD’s ETF which historically beats S&P 500

Also, have you considered some diversification and maybe stashing some money into gold or silver ETFs?

Or Oil / Energy ETF?

Or agriculture ETF?

I'm NOT suggesting that you invest in any of these, I have no idea where the market is going to be tomorrow, let alone in few decades. Nevertheless, putting it all into extended index after years of money printing seems like bit of a gamble at this period of time.

Therefore, maybe some diversification could be considered to reduce the risk.

Are you talking about this shitty ETF???

https://www.innovatoretfs.com/etf/default.aspx?ticker=ffty

 

[murray t turtle]

I'll take that as a compliment I guess, because it could have been worse.

P.S. The SP 500 is not tulips.

%%
Good points+ consider it a compliment.
Interesting WSJ did not consult all ''Elite'' traders before it paid IBD $275,000,000 for thier website/newspaper LOL [.Some calling IBD long only is guilty of a small sample@ best ;
slander never pays].

 

[M.W.]

IBD is the biggest shit in town. Its serious the worst financial website and advice I can imagine. My own opinion of course.

%%
Good points+ consider it a compliment.
Interesting WSJ did not consult all ''Elite'' traders before it paid IBD $275,000,000 for thier website/newspaper LOL [.Some calling IBD long only is guilty of a small sample@ best ;
slander never pays].

 

[deaddog]

IBD is the biggest shit in town. Its serious the worst financial website and advice I can imagine. My own opinion of course.

What do you recommend?