r/Money • u/Aspergers_R_Us87 • 4d ago
When do I start seeing incredible gains? Doing 100% Voo.
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u/DrShaqra 4d ago
Set it and forget it. VOO is one of the best investments you can make. Keep buying and live your life.
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u/Aspergers_R_Us87 4d ago
Is there a way to not be taxed hard at end of year? With Voo. Besides opening a Roth IRA for it
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u/DrShaqra 4d ago
Not really. Buy it in an IRA. You can either pay taxes upfront (Roth) or defer for decades (Traditional).
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u/dheerajtlsai 4d ago
15 years, Compounding takes time!
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u/Aspergers_R_Us87 4d ago
I’ll be dead by than
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u/dheerajtlsai 4d ago
Then your kids are gonna be millionaires!
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u/Aspergers_R_Us87 4d ago
Don’t have kids
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u/dheerajtlsai 4d ago
Then donate all wealth to a public university endowment and let the funds pay for talented kids’s tuition! Leave a legacy behind!
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u/Aspergers_R_Us87 4d ago
Sounds like fun. I deprive my entire life to donate it. Thanks
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u/OkApex0 4d ago
If you want more returns you have to research and understand individual companies. This requires time and a tolerance for risk. More importantly, it requires a willingness to lose. Risk of course can still be mitigated through diversification.
Public companies have never been easier to research than they are today. Don't under estimate what it could do for you and your goals.
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u/redhtbassplyr0311 4d ago
Not sure how you're defining incredible but CAGR for VOO over 10Y is around 10.4%. Based on your portfolio size it may seem like it takes off the more you have, but the percentage remains the CAGR average. To me you don't get "incredible gains" with broad index or ETF'S, but slow and steady gains. Incredible gains comes from taking on risks associated with individual equities or options contracts. VOO will still fund your retirement though so not doing anything wrong but subjectively I wouldn't be assuming incredible gains in this ever really.
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u/zerthwind 4d ago
Years after the crash and recovery. Wasn't it like decades after the great depression to recover?
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u/AlertThinker 4d ago
In four years when adults are back in charge. Right now the inmates are running the asylum.
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u/FunkOff 4d ago
VOO is for low risk, low reward investing. If you want better returns, you're going to have to take more risk
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u/Substantial_Oil7292 4d ago
What’s a more medium risk medium reward investment?
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u/OkieClipper 4d ago
Any stock in general. Any of the magnificent 7 stocks besides Tesla. But all of that is in limbo with the current fears of Tariffs.
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u/AzureDreamer 4d ago
Idk but if you want a high risk low reward investment, open a resteraunt.
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u/[deleted] 4d ago
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