For that fund to catch some of the Magnificent 7 I'm guessing it senses high/low market cap as one of its sensors?
For that fund to catch some of the Magnificent 7 I'm guessing it senses high/low market cap as one of its sensors?People who muddle in their funds tend to do far, far worse than the market as a whole. This includes people who are day traders, market timers, gamblers, inept, scared, too conservative, too aggressive, etc. So, to answer your question, many people did NOT rise back up to their previous highs.
But if you do the simple, tried-and-true advice to just stick to S&P funds (such as Warren Buffet's suggestion to just put 90% of your money in a low-cost S&P 500 fund), then you probably are close to back. You'll be down whatever fees you paid. But, you'll be up anything that you invested in the last 2 years as you would have bought low and they will have increased.
You’ll be up reinvested dividends as well which dwarf any fees paid to typical SPY and total market tracking funds.People who muddle in their funds tend to do far, far worse than the market as a whole. This includes people who are day traders, market timers, gamblers, inept, scared, too conservative, too aggressive, etc. So, to answer your question, many people did NOT rise back up to their previous highs.
But if you do the simple, tried-and-true advice to just stick to S&P funds (such as Warren Buffet's suggestion to just put 90% of your money in a low-cost S&P 500 fund), then you probably are close to back. You'll be down whatever fees you paid. But, you'll be up anything that you invested in the last 2 years as you would have bought low and they will have increased.
I'm not sure that I understand your question. The topic was the S&P500 record and if investors returned to where they were 2 years ago. My answer was if they invested primarily in the S&P500, then the answer is yes. That has nothing at all to do with catching up to the Magnificent 7.For that fund to catch some of the Magnificent 7 I'm guessing it senses high/low market cap as one of its sensors?
Thanks, that answers how they or it selects the stocks.I'm not sure that I understand your question. The topic was the S&P500 record and if investors returned to where they were 2 years ago. My answer was if they invested primarily in the S&P500, then the answer is yes. That has nothing at all to do with catching up to the Magnificent 7.
S&P tracking funds do not have sensors. They just buy stocks in the 503 largest publicaly traded companies in the US weighted by how big the companies are. Thus, S&P500 funds have more Apple (a large company) than Alaska Air (a smaller company). So, by default, the S&P500 funds are mostly the Magnificent 7. For example, here is Vanguard's S&P500 fund, 28.4% of its holdings are the Magnificent 7: https://investor.vanguard.com/investment-products/etfs/profile/voo#portfolio-composition
Congrats!
I remember you posted about the million dollar Roth IRA from a $66K cost basis. That's crazy good.
No, that’s not necessarily what it means at all.But it just means it will be bigger gains when it goes back up.
Good luck, tried explaining this before, nevermind the relatively large risk of having substantial savings in your employer while also relying on them to pay you your salary....No, that’s not necessarily what it means at all.
It is starting to make sense why you complain about money and cost of living so much. You’ve managed to lose money on 12% of your paycheck in a year when the market as a whole is up like 25%. If you put that 12% or more into a diversified US Stock Market fund like a normal person instead of a losing ESPP stock and silver you’d be building up a nice chunk of savings.
I give you this painful truth to help you. Just autobuy VTI or FSKAX.
View attachment 90800
And just for fun, investing in this fund since the arbitrary date that this particular total market tracker opened barely a decade ago you’d have almost tripled your money.
View attachment 90801
I just came here to post that. Putting both your retirement and income into the same basket--what could go wrong? He only risks losing his nest egg AND opportunity to recover the nest egg all if one bad event happens. Sounds great!Good luck, tried explaining this before, nevermind the relatively large risk of having substantial savings in your employer while also relying on them to pay you your salary....
No, that’s not necessarily what it means at all.
It is starting to make sense why you complain about money and cost of living so much. You’ve managed to lose money on 12% of your paycheck in a year when the market as a whole is up like 25%. If you put that 12% or more into a diversified US Stock Market fund like a normal person instead of a losing ESPP stock and silver you’d be building up a nice chunk of savings.
I give you this painful truth to help you. Just autobuy VTI or FSKAX.
View attachment 90800
And just for fun, investing in this fund since the arbitrary date that this particular total market tracker opened barely a decade ago you’d have almost tripled (edit: quadrupled!) your money.
View attachment 90801
I just came here to post that. Putting both your retirement and income into the same basket--what could go wrong? He only risks losing his nest egg AND opportunity to recover the nest egg all if one bad event happens. Sounds great!
FTFYIf the stock goes back up, I will get a profit.