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Originally Posted by Rain Man
I'm in SPY and QQQ in small amounts. I figured I'd go low-maintenance and try them out, but I like shopping for stocks so I haven't really increased them to any significant level.
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Quote:
Originally Posted by EPodolak
VOO or something similar is the right move for someone without experience, or a crystal ball. Indexing is a deceptively sophisticated approach to investing, the trick is to block out all of the seductive noise that can take you out of your strategy, it is a simple and boring approach after all.
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Originally Posted by lewdog
If you're young and being more aggressive look at VOO, VGT and VXF.
If you just want to manage one fund look at VTSAX. Vanguard Total Stock Market Index Fund is designed to provide investors with exposure to the entire U.S. equity market, including small-, mid-, and large-cap growth and value stocks.
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Anyway, thank you all as well as Buehler for the advice.
I am 100% not built for the individual stock game lol y'all are different.
My next issue is the constant threat of this looming recession. What does everyone make of that?
Part of me thinks it'd be best to just park the bulk of this cash into a HYSA and ride it out 'til the storm's over. It looks like you can find quite a few with returns between 3-5%. The other part of me says **** it, throw it into some ETFs. Even if/when the market dips, it'll recover down the line and it's best to be in when that recovery starts.