Title pretty much says it all. Incoming analyst with 30k saved up. I know that trading restrictions are pretty annoying and everyone at my bank just uses etfs. With that said, I’m looking to invest about half of my savings, would it be okay to dump it in spy? Curious what other professionals who don’t have time to actively trade do.
| +4,039 | Bank of America - Juniors Strike to start Monday May 6th | 437 | 2s | |
| +855 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 79 | 1d | |
| +608 | This is a dark day for Wall Street. | 46 | 16h | |
| +463 | BofA Associate Death - WSJ, FT, CNBC, Bloomberg | 53 | 13m | |
| +195 | How to strike without being fired. | 23 | 3s | |
| +194 | Analyst at Bofa FIG-Thoughts | 30 | 9m | |
| +171 | Big Layoff at Barclays - 5/1/24 | 88 | 1d | |
| +167 | Hey WSJ, BBG, CNBC, FT, it's been more than 72 hours that this BofA IBD Associate was reported dead | 23 | 14h | |
| +154 | BofA List | 37 | 13h | |
| +144 | Reporters, please post your info in this thread for visibility so people can easily reach out. | 4 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Very few "retail traders" I know make the same ROI or more than $SPY. Some may be a few points above, but with considerable amount of time, stress and effort invested. There is no problem in investing in index ETFs if you have no interest in other research/trading/investment efforts.
Would you say the same logic could be applied to something like qqq, or would you advise away from a 100% allocation given its more concentrated nature.
Regardless in what you invest, I would also do some research, develop an investment plan for the year ahead (if possible), and understand the forecasts for the ETF you are aiming at.
I am personally not invested in QQQ because I pick my own stocks within the tech sector (based on interest, public perception or simply a hunch).
Don’t buy SPY, believe it was a .75% expense ratio. Would rather buy a low cost alternative
It’s 9bps. Could also do voo for 3, but was more about the concept the specific sp500 etf
buy VTI and get all the small caps thrown in for 4bps
Not a bad idea
Probably the best thing to do other than having it all sit in a low-yielding savings account
It’s totally fine but would consider VOO or VTI instead simply due to expense ratio. All are incredibly liquid.
Fugiat distinctio consequuntur voluptas non rerum. Velit blanditiis quia consectetur quisquam maxime sunt. Provident iste ut qui non molestias ut. Id soluta nobis eum perferendis nostrum.
Nihil corrupti qui explicabo laborum alias aliquid. Reprehenderit earum dicta tempora et. Quia eos quam eum ut nihil rerum. Autem sit consectetur iusto quasi asperiores natus animi ducimus.
Totam voluptatem laborum ut nostrum omnis est. Sint maxime et in quo voluptatem quae. Facere rerum dolorum quas possimus quam molestiae possimus. Qui asperiores quia dolorum quod non minus suscipit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...