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re: Thoughts on VOO

Posted on 7/13/24 at 6:53 pm to
Posted by sjmabry
Texas
Member since Aug 2013
18603 posts
Posted on 7/13/24 at 6:53 pm to
True buy and hold and buy more
This post was edited on 7/13/24 at 6:54 pm
Posted by wareagle7298
Birmingham
Member since Dec 2013
3197 posts
Posted on 7/14/24 at 12:37 pm to
I was the poster child for clueless retirement investor for so many years. I would sign up for the 401K and basically throw a dart to choose my funds.

VOO, VTI, etc...are great for people who either don't know what they are doing, or are just a born loser when trying to invest outside of index funds. Just throw it in and forget it.
Posted by Boomer Rick
Member since Apr 2021
247 posts
Posted on 7/14/24 at 11:53 pm to
I would argue VOO is a good spot even for people who do know what they are doing.
Posted by OTIS2
NoLA
Member since Jul 2008
51444 posts
Posted on 7/15/24 at 7:16 am to
Steady VOO investment looks to be a smarter strategy than most stock market investment strategies
Posted by KWL85
Member since Mar 2023
2255 posts
Posted on 7/15/24 at 7:50 am to
quote:
The only time I sold from the 500 was a shift to increase my bond holdings. I did that because conventional thinking due to my age. Regretted it ever since. Lol.


just curious. what is your age and what AA were you trying to achieve?

____________________

Made this move at 55, which is when I "retired". Become full time investor with most of my activity being in real estate now. I am 62 now. I buy building lots and raw land, hire builders and build new construction homes.

Not clear what AA means. My goal with the move was to protect that amount of money.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82013 posts
Posted on 7/15/24 at 11:40 am to
i am about to dump more $$$$ in VOO

just keeps on climbing

i have been DCA for awhile now
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82013 posts
Posted on 7/15/24 at 11:42 am to
quote:

Steady VOO investment looks to be a smarter strategy than most stock market investment strategies





i am only kicking myself for not dumping way more after covid crash.
Posted by Jmcc64
alabama
Member since Apr 2021
1290 posts
Posted on 7/15/24 at 12:10 pm to
AA = Asset allocation.
Posted by Old1937
Member since Jun 2024
999 posts
Posted on 7/15/24 at 6:49 pm to
My current like is VONG
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