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Which ETF to put $100k in as a younger millenial?
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Date: November 28th, 2024 5:38 PM Author: white impressive immigrant my pops said putting it in VOO is too risk averse. what should i put it in bros? (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391253) |
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Date: November 29th, 2024 1:25 PM Author: Sickened mildly autistic den that is dumb advice, VOO over time is one of the best investments one can make.
i'd split it like this:
20% VOO 20% SCHD 20% SCHG 20% SMH 20% VGT
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Date: November 28th, 2024 5:40 PM Author: Galvanic set IBIT and ETHA (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391258) |
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Date: November 28th, 2024 5:42 PM Author: white impressive immigrant im already in crypto. that's a lil too much risk for me. should i just go full tech or full semiconductors? (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391262) |
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Date: November 28th, 2024 8:14 PM Author: Galvanic set Don't be a little bitch (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391580) |
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Date: November 28th, 2024 7:08 PM Author: motley bearded international law enforcement agency IBIT was good when it came out at like 27 (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391418) |
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Date: November 28th, 2024 5:45 PM Author: sepia selfie AAA ticker has various Game Studios (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391270) |
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Date: November 28th, 2024 5:46 PM Author: soggy cocky laser beams toaster https://finance.yahoo.com/news/ubisoft-expects-39-drop-third-171420700.html (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391272) |
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Date: November 28th, 2024 5:57 PM Author: sepia selfie The State of Gaming wjw (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391301) |
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Date: November 28th, 2024 5:47 PM Author: stirring bistre stage faggot firefighter keep 95 cash, split 5k on mix of calendar spreads, diagonal strangles, iron condors, and christmas tree butterflies tranched by sector. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391273) |
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Date: November 28th, 2024 5:50 PM Author: doobsian lascivious police squad Put 1/2 in VOO, 1/2 in a 3x S&P like UPRO. That way you dont run risk of being caught in some unfashionable sector and you also don't panic when your 3x ETF drops 6% in a week because some of your investment is more stable. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391282) |
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Date: November 28th, 2024 6:45 PM Author: maize knife lol yeah just do pay the drag of a 3x leverage fund for the next 30 years
Ur dad is retarded redditor that thinks bull runs don’t end. Just do Spx |
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Date: November 28th, 2024 7:33 PM Author: doobsian lascivious police squad WTF are you talking about and did you read what I wrote? If the advice is put it in SPX then there is little risk in 3X SPX. You'll end up with far more money at the next high/bullmarket (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391501) |
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Date: November 28th, 2024 8:34 PM Author: effete menage That's not how leverage works, it isn't simply a profit multiplier. It will jack up your volatility and volatility will kill your long-term compound growth rate (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391623) |
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Date: November 28th, 2024 8:47 PM Author: doobsian lascivious police squad No it won’t. It’s not a sector 3x ETF. You don’t seem to understand the concept. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391665) |
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Date: November 29th, 2024 1:24 PM Author: maize knife However, due to daily compounding and market volatility, holding UPRO over extended periods can lead to performance deviations from the expected multiple. This phenomenon, known as volatility drag or volatility decay, occurs because daily resets cause the fund to "buy high" and "sell low" during volatile markets, eroding returns over time. WIKIPEDIA
For example, if the S&P 500 experiences significant fluctuations, UPRO's performance may not align precisely with three times the index's cumulative return over the same period. Therefore, UPRO is generally more suitable for short-term trading strategies rather than long-term holdings
you think leverage is free genius? |
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Date: November 29th, 2024 2:29 PM Author: doobsian lascivious police squad Thanks for the copy/paste from the prospectus. You haven't done any math or research.
In an absolute worst case scenario the yield is equal: Dump everything in at the peak of 2021/2022 and hold until today and the SPY is up 25.5% and the 3X ETF is up 23%
Dollar cost average or just avoid buying the peak and you will do 2x - 3x S&P. |
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Date: November 29th, 2024 2:34 PM Author: maize knife yeah so you match SPX returns when the SPX is up 26% in 24 months. how is that a winner.
people are wayyyy underestimating how unusual this bull run is, it's implicit in the OP's question
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Date: November 28th, 2024 11:10 PM Author: Brindle deep range im 3Xmo but dont do it when market is near ATH, at least wait for the 3x to drop 10% and then swing trade it when it goes back up.
since im retarded ive made the mistake of holding SOXL for like 4-5 months now, u lose value doin this as there's price decay with 3X etf |
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Date: November 28th, 2024 7:06 PM Author: Sickened mildly autistic den 30% VOO, 30% VGT, 40% SMH (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391405) |
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Date: November 28th, 2024 7:18 PM Author: sable histrionic theatre dog poop 20% FAG 25% GAY 15% KIKE 10% PISS 15% SHIT 15% CUM (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391460) |
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Date: November 28th, 2024 11:02 PM Author: Mahogany persian (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391923) |
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Date: November 28th, 2024 7:34 PM Author: Aqua Orchestra Pit Roast Beef VTI, DCAed over a period TBD by you depending on your current investment, next anticipated large cash deposit, etc. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391505) |
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Date: November 28th, 2024 11:14 PM Author: Irradiated charcoal piazza alpha Right and I wouldn’t worry too much about DCA.
Anything else is not worth time, effort, risk of stress. |
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Date: November 28th, 2024 11:10 PM Author: Brindle deep range look at fidelity contra, its a fund not etf but its actively managed and somehow they seem to beat SPY and QQQ. expense ratio, .89% or something, is high though (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391934) |
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Date: November 28th, 2024 11:15 PM Author: Costumed Gunner Dilemma You'd be a fool to buy anything other than $100k of BRK-B, which, at today's price, is just over 200 shares. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391942) |
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Date: November 28th, 2024 11:23 PM Author: hot soul-stirring gay wizard principal's office (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48391956) |
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Date: November 29th, 2024 2:17 PM Author: Blathering senate why brk-b over qqq?
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Date: November 29th, 2024 6:10 PM Author: Costumed Gunner Dilemma BRK.B = stable, value-oriented investments, nice distribution of different industries (insurance, energy, railroads, tech) and exposure to blue chips (Coca Cola, Apple, Amex)
QQQ = highly volatile during downturns (see 2022 tech crash)
BRK.B = insane cash reserves, good position to pivot and acquire undervalued assets during market turmoil
QQQ = concentration risk, 50% of QQQ are in 5 companies, overly reliant on tech
BRK.B = active management, highest quality investment mgmt talent, no bloat, real philosophy, discipline - no pressure to track benchmarkets or quarterly performance
QQQ = passively managed, tracks Nasdaq.
BRK.B = no dividends, instead reinvesting earnings into existing investments or new investments, maximizes compounding over time.
QQQ = dividends but very low (~0.5 yield as of today)
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Date: November 29th, 2024 6:15 PM Author: Diverse Onyx Lodge when buffet dies (soon) won't there be a huge hit (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48393921) |
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Date: November 29th, 2024 6:54 PM Author: hot soul-stirring gay wizard principal's office That would be the time to buy in, although have to figure its priced in to some extent. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394008) |
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Date: November 29th, 2024 6:32 PM Author: white impressive immigrant update: will put everything into FMET (fidelity's metaverse etf) at market open. thanks for all the help/advice bros. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48393964) |
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Date: November 29th, 2024 9:47 PM Author: Costumed Gunner Dilemma you're entrusting your savings to a bunch of middle of the pack BC/Syracuse Finance grads (https://institutional.fidelity.com/app/proxy/content?literatureURL=/9905810.PDF) instead of Warren Buffett and his team?
with an above average net expense ratio of .40%
$100k and 7% average annual return over 30 years, that's $60k in fees compared to $0 at Berkshire
let's assume you reinvest 2% annual dividends, now you're looking at $100k+ in fees due to that expense ratio.
bad decision. |
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Date: November 29th, 2024 10:58 PM Author: Sickened mildly autistic den This is cr. That metaverse etf has a YTD return of less than 9%
You almost have to be trying to underperform the market this year to get that number. |
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Date: November 29th, 2024 11:41 PM Author: white impressive immigrant ok i think im convinced. when you spell out the fees in those terms, kind of a no brainer. where do i see BRKb's pedigree? i thought they'd be a bunch of IU Kelley grads and wrongly assumed Fidelity would be a HUG/HBS polycule due to location. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394585) |
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Date: November 30th, 2024 1:05 AM Author: Costumed Gunner Dilemma The pedigree of Berkshire's track record is sufficient enough. They have literally the best track record of any investment firm in the history of the world, save for maybe RenTech, and the leanest team.
Warren Buffett - Columbia MBA Greg Abel (his likely successor) - some podunk Canadian b-school school in Alberta, runs Berkshire's portfolio ex-insurance Ajit Jain - HBS, probably smartest brain in insurance today Todd Combs - Geico's CEO, Columbia MBA, JP Morgan board member, Ted Weschler - Wharton, hedge fund manager with insane track record before shutting down/returning capital
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Date: November 30th, 2024 1:00 AM Author: effete menage Berkshire Hathaway has "fees", the employees make money to work there and manage the portfolio. The portfolio managers make like 50-100 mil each, which comes out of the company's profit. VOO is "cheaper" in terms of effective fees. Also the investment holding company structure is really tax inefficient. If you own AAPL you pay 15-20% in capital gains when you sell it. When BRK owns AAPL it pays 21% corporate tax on the capital gains when it sells, but the proceeds are still in the company, not in your hands.
Berkshire's main value proposition is the cheap leverage it gets from insurance float but that is offset by the inefficient structure. Unless they can find market-beating investments forever (they can't) they will have mediocre performance going forward. They already have been fairly level with the S&P for the past ~20 years or so |
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Date: November 30th, 2024 1:13 AM Author: Costumed Gunner Dilemma Berkshire portfolio managers comp is FAR more modest relative to every single other firm, based on AUM, especially mutual funds or ETFs. Todd Combs & Ted Weschler make mid 8 to high 9 figures but that's a drop in the bucket compared to what they actually manage. ETFs like VOO charge a management fee which directly reduces investor returns over time at a much greater rate relative to the size of the fund.
There is some merit to the company's structure's tax inefficiency. Yes they pay 21% corp tax but they rarely sell major holdings like Apple. Long term holding strategy really minimizes taxable events at the corp level basically deferring taxes for shareholders. Compare that to many ETFs, like VOO, who distribute dividends which are taxed annually. Berkshire retains and reinvests all earnings - that's tax-free compounding until you decide to sell your shares. Huge advantage for long term investors.
The tax inefficiency claim primarliy applies when comparing, say, a direct Apple holding vs. Berkshire. HOwever, Berkshire's diversification, active mgmt offset this through superior capital allocaiton.
As for their insurance float - it's value cannot be overstated.They have access to $100 billion+ in insurance float at an effective cost close to 0%. That's real capital to invest, yielding returns far greater than the cost of borrowing. It's cheap leverage. Their float also isn't subject to much regulatory constraint, so they have flexibility to be opportunistic.
Your assertion that they've been on par with the S&P for the past 20 year sis mileading. THeir performance is aligned with the S&P due to it's size but it's a stronger performer when adjusted for risk and volatility. During bear markets, Berkshire outperforms due to its defensive position and cahs reserves (see 2008 and 2020). Consistency and stability are very valuable for most investors. While they're not oging to beat the S&P in bull markets, it provides a much smoother ride during downturns.
No one expects perpetual outperformance, but Berkshire does not rely soely on market-beating investments. GEICO, BNSF Railway, BH Energy provide consistent cash flow in any equity market environment. Unlike ETFs, Berkshire can actively redeploy $$ into undervalued opportunities, something passive funds can never do. |
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Date: November 30th, 2024 1:21 AM Author: effete menage VOO doesn't have to pay anyone 8-9 figures to manage its investments, it just charges 0.03% and that's the end of the costs. In any case BRK is a fine asset but it is far from some miraculous wonder-fund. It will match or underperform the S&P going forward, and that's no secret. It can still perform well compared to many assets. Buffett himself put his wife's trust assets in VOO rather than BRK. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394741) |
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Date: November 29th, 2024 11:56 PM Author: frum athletic conference (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394622) |
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Date: November 29th, 2024 10:53 PM Author: Chrome Vibrant Water Buffalo Indirect Expression ARGT for Argentina equities if you need a risky play with lots of upside, it’s already doubled in like six months. (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394468) |
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Date: November 30th, 2024 12:20 AM Author: cowardly temple keepsake machete 50/50 nvda and tsmc (http://www.autoadmit.com/thread.php?thread_id=5641433&forum_id=2#48394653) |