QQQ vs SPY ETF's

I would go with QQQ for the long haul.

I got in in 2008-2009 and have had 1000% return.

My career was in technology and the future is too.
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Past performance is no guarantee of future results, but QQQ has historically outperformed the S&P 500 index, especially for long-term returns. The 10- and 15-year returns for QQQ are 19.8% and 12.8%, respectively. These returns are significantly higher than those of the S&P 500, which are 15.4% and 9.1%, respectively.

RSP

SCHB is a total stock market. Hard to get more diversified than that...

You might as well take on the extra beta because it's the same trade

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You might as well take on the extra beta because it's the same trade

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Can you explain ? sorry i'm new to not owning just regular stocks. i currently own SPY and and ARKK.

You are essentially taking on the same risks owning SPY and QQQ. They are both heavily concentrated in the same names and the S&P is somewhere close to 20-25% zombie companies which means they can't service debts with free cash flow (think US Government deficit spending). The two are so correlated that the excess risk will payoff more to the upside and downside risk is virtually the same due to government intervention.

My bad. Beta is just sensitivity to the broader market returns. So the higher beta names over perform in bull markets and underperform in bear markets. Which is what you're seeing with ARKK. That portfolio is like holding 80 year bonds

I’d consider a value ETF. While value has sucked wind relative to growth over the last cycle, it still outperforms over the long term and I think is poised to reign supreme again now with growth being so overvalued.

And if I wanted to get S&P exposure, I’d consider an equal weighted ETF to avoid the concentration risk in the cap weighted index.