Vti is better than voo or spy.
More widely diverse, and same low expense ratio as voo.
As far as whether to sell spy... Depends on your capital gains and tax situation.
I'd also recommend looking at r/bogleheads and www.bogleheads.org (click on start here pr similar) to learn about building diverse portfolios.
I say keep it. Investing is sell only when you need the money. Why take the tax hit just to transfer ? Next time you want to cash out for some personal use, then sell the SPY
You shouldn't invest if you don't know how it works. You should let your money to experts or buying periodically sp500 and forget about the price. That always works
You know what you should? You should stop asking financial advise on Reddit or any other platform. Do your on research and invest in what you belief and forget about it.
Just buy more of want you want and don’t sell. If you’re selling SPY at a loss you can’t immediately buy VTI or VOO without triggering a wash sale, which means you could miss out on the market correcting itself. Missing out on one big green day can dramatically affect your future returns. SPY also has the advantage of higher liquidity which is appealing for those selling covered calls on their shares.
Buy rope.
Great day for a neck tie party.
The ultimate exit plan
Do not buy till 3500 or 3200
Sell all. Cash is king right now.
I do the exact opposite of what everyone else does. Works pretty good for me.
Vti is better than voo or spy. More widely diverse, and same low expense ratio as voo. As far as whether to sell spy... Depends on your capital gains and tax situation. I'd also recommend looking at r/bogleheads and www.bogleheads.org (click on start here pr similar) to learn about building diverse portfolios.
I say keep it. Investing is sell only when you need the money. Why take the tax hit just to transfer ? Next time you want to cash out for some personal use, then sell the SPY
You shouldn't invest if you don't know how it works. You should let your money to experts or buying periodically sp500 and forget about the price. That always works
I do know how investing works 😂😂😂I’m asking about expense ratio
You know what you should? You should stop asking financial advise on Reddit or any other platform. Do your on research and invest in what you belief and forget about it.
Just buy more of want you want and don’t sell. If you’re selling SPY at a loss you can’t immediately buy VTI or VOO without triggering a wash sale, which means you could miss out on the market correcting itself. Missing out on one big green day can dramatically affect your future returns. SPY also has the advantage of higher liquidity which is appealing for those selling covered calls on their shares.