US ETF - S & P 500 - A rookie mistake

[murray t turtle]

Buy QQQ instead. Nasdaq outperforms S&P

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Exactly;
if he doesn't mind larger drawdowns? LOL

 

[murray t turtle]

I wonder are there any tools or charts that could help you calculate such risk, lets say you would enter ETF index company list and claim that there's 50% tech crash and/or 30% healthcare crash etc, and it would try to calculate ETF/index worth after such crash. In theory you could do it by yourself but it would be time-consuming.

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Yes;
SPY could easily drawdown 50% /qqq=80% + they have in the past...…………………………………………………………………………………………………………..

 

[janbillian]

Olive1989, ever thought about using Schwab in the US ? They offer an index fund on the S&P 500 with a superlow 0.02% expense ratio ! https://www.morningstar.com/funds/xnas/swppx/price

 

[Dublin Darryl]

i think i see what your issue is. I have the same exact issue. Someone emailed me back and said i have to fill out a form with IB to be ALLOWED to purchase ETF's but he wasnt clear on what forms i need to fill out. My account is with US IB so i'm looking for guidance from someone in here that knows exactly WHAT form i need to fill out to be allowed to buy etf's on IB. please help someone.

 

[murray t turtle]

i think i see what your issue is. I have the same exact issue. Someone emailed me back and said i have to fill out a form with IB to be ALLOWED to purchase ETF's but he wasnt clear on what forms i need to fill out. My account is with US IB so i'm looking for guidance from someone in here that knows exactly WHAT form i need to fill out to be allowed to buy etf's on IB. please help someone.

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Ask IB in ''Trading forum/here'' They may answer there quicker???

 

[Justrade]

In IB there are forms for trading permissions under account.... If ur in IB ... to the right of the file dropdown it shows account drop down and go from there.... I did mine all online

Or you can call them... chat online as well

 

[GrowleyMonster]

Buy QQQ instead. Nasdaq outperforms S&P

That. Over the last 11 years, averaged and normalized for compounding, that has been a bit over 19% return per year. Granted, that has been an unprecedented bull market and a crash is surely right around the corner, but it will come back up in time, after all that. And you can always make a strategic withdrawal until it hits bottom, either selling, or hedging with SQQQ, or both.

<EDIT> vs a little less than 13% for SPY