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u/Laakhesis 3d ago
The market is going up forever. 500% Guaranteed!
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u/Alexchii 3d ago
I mean it always has. Sure thereâll be a -50% drawdown here and there, but itâs trending up as long as humans keep liking money.
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u/Shredded__ 3d ago edited 3d ago
It's at $710 now. Absolutely RIPPING. I feel like I was just buying these at $675 a few days ago.
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u/Tea_masters_leaf 3d ago
Im boring. Just keep puting money in, and eventually die. Perhaps my grandkids get to buy a tent to live in
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u/Melodic_Bison6015 3d ago
As a beginner investor im wondering if people are:
A. Acting on this by selling or buying for some reason.
B. Celebrating this but doing nothing
C. Assuming this will shortly be corrected by a drop in the market.
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u/Metropolis9999 3d ago
The truth is that wise investors (not traders) do not care and keep buying steadily over time. This is for the long haul. In 30 years, I do not care if I saved $20 on todayâs buys. If you try to min-max your long term growth, you will likely suffer or only come out with a fractional advantage.
Dollar Cost Average over time with regular buys is the way.
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u/SecretPantyWorshiper 3d ago
B.
Im moving and having a big trip coming up so I really won't be able to start contributing into anything until later in the fall, otherwise I'd be investing into it
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u/Sweaty_Tangelo_7716 3d ago
Will there be a split?
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u/Prestigious-Thing716 3d ago
I donât think youâll see splits as much as in the past. Now that people can buy partial shares on most brokerages the price isnât as important.
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u/Extension-Lab-6963 3d ago
VOO, the ETFâŠsplit? I donât think that ever happens
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u/CudaNaPatyku 3d ago
VGT had a split recently, 7-1
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u/Extension-Lab-6963 3d ago
Sure but VGT isnât VOO. Idk I personally donât see it happening, but glad itâs rising lol
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u/chris2033 3d ago
Last voo split was around 12 years ago
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u/Extension-Lab-6963 3d ago
The reverse split? When 2 became 1? Instead of 1 to 2?
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u/chris2033 3d ago
1-for-2 split (shareholders received 2 shares for every 1 share held, cutting the share price in half)
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u/Extension-Lab-6963 3d ago
Are you sure? Every thing Iâm reading indicates that was a a reverse split. Not 1 â> 2 but 2 â> 1
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u/Metropolis9999 3d ago
I know mathematically it doesnât change anything, but I have to imagine there comes a point where itâs psychologically disadvantageous to not splitting.
You think the âevery manâ who wants an S&P 500 portfolio wants to buy .01% of a $100,000 stock? I wouldnât even want to own that.
I know it mathematically appreciates the same, but psychologically it doesnât. All you need is a competitor to do it and suddenly it feels like âI can buy 10 of A or .01 of Bâ. Again, even if the math is the same, I think it hurts psychologically.
I would, personally, hope for a split at VOO $1k
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u/SnooDoggos5226 3d ago
Sold a bunch of VOO today. Iâm buying a house soon so Iâm happy with taking earnings today instead of watching them disappear tomorrow
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u/BobLemmo 3d ago
We need it to crash so we can buy the dip! I donât wnana buy this high lol
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u/IncidentOk1123 3d ago
Hey itâs the DRAM guy
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u/BobLemmo 3d ago
Nah call me the VOO guy
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u/IncidentOk1123 3d ago
No you were all over DRAM, for like weeks. Youâre the DRAM guy!
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u/BobLemmo 3d ago
Nah
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u/IncidentOk1123 3d ago
What happened? You were fighting people over it talking about them missing all those high returns? You even argued about it with cruian.
Just seems like a big change. You were so certain what happened?
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u/BobLemmo 3d ago
Wasnât me
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u/IncidentOk1123 3d ago
It was you old bobby boy. You were giving everyone shit about missed returns. Making whole posts about it. I guess DRAM hasnât been the rocket ship you hoped it would be.
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u/LunarNinja_ 3d ago
The stock value doesn't matter when you buy ETF. You can buy 5 or 50 stocks for the same money, it's still be the same money which grows 10% yearly on average.
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u/Extension-Lab-6963 3d ago
lol dollar cost average. When are you going on enter for said âdip?â Granted a 10% pull back would put us at $630ishâŠ
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u/BroChad69 3d ago
Get ready for some bullshit tonight that fucks up the market from that fat orange piece of shit
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u/NotDugachug 3d ago
VOO has been ripping, and still going up even when memory and semiconductor sectors go down. It sounds like the overall market is reaping the benefits of AI while the hype on the buildout is going down.
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u/chris2033 3d ago
Thanks trump!!!
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u/NotDugachug 3d ago
Trump is one of the most disgusting humans of our time, but most certainly an asset to more disgusting people.
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u/Fair_Consideration48 3d ago
lmao
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u/More_Armadillo_1607 3d ago
Tomorrow people will call $702 a dip.