ETF vs Stocks
- Thread starter NeilCartwright
- Start date
O.iatlhawksfan
Devoted Joel Embiid hater
NeilCartwright
All Star
I had to take my money out of my betterment account completely. I understand the stock market has been going through some things this year but I was going on 3 months at a loss.
Investing in strictly stocks for the big returns and ETFs (through Robinhood for no fees) for projected consistent returns
Investing in strictly stocks for the big returns and ETFs (through Robinhood for no fees) for projected consistent returns
anything but that
i ran it for a second, but 1% is steep relative other Robo ETFS (Betterment is 0.25% by comparison)
O.iatlhawksfan
Devoted Joel Embiid hater
robinhood is a pure stock trader, fees are low. Just know it isnt an ETF or robo trader
If you do alittle sweat equity its better to buy individual index funds through vanguard than using robo ETFs it all depends how hands on you want to be.
If you really trying to stack though, Amazon sellers are caking
not that I would know anything about that :vwhite:Secure Da Bag
Veteran
Guys. I know what stocks and bonds are. But what's an ETF?
NeilCartwright
All Star
An exchange traded fund. It’s basically a group of stocks that’s traded as a single unit. It’s less risky bc you spread your risk over X amount of stocks.
I heard vanguard is a more reputable medium to trade stocks but for me I’d suggest Robinhood for the novice. There’s no fees and I can use it all from the app on my phone. And vanguard was asking me to mail some documents into them before I could start trading.
And I fcked up with betterment but id suggest buying the ETFs directly through a medium like Robinhood or Vanguard. Betterment automatically reinvests the dividends for you but you can’t really choose the ETFs like that. Ima just buy ETFs myself and reinvest the dividends myself.
I actually fcked around and lost money for 2 months using betterment, if I woulda bought the ETFs myself I woulda came out at a gain.
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Great thread. Just want to throw my two cents in:
This is the most volatility we've seen in years and so it isn't really an easy time to determine whether or not a specific strategy/platform is efficient or not.
I just want to mention that most of the stock market has lost money over the last 3 months. If you look at the price to start the year for the S&P500 Index (SPY) it was $267.84. Currently the price is $263.49. Additionally, even looking at the volume-weighted-average price, the average participant in the market is still losing money.
This is the most volatility we've seen in years and so it isn't really an easy time to determine whether or not a specific strategy/platform is efficient or not.
NeilCartwright
All Star
Thats a good point. Even when i looked at Vanguard Total Stock Market ETF (VTI), even after all the volatility within these past couple of months its still up 13.5% this past year and up 84.5% the past five years, so that was the main thing for me, as far as getting out of Betterment (for now).
Maybe i got into the game at a bad time, because i just started with all this in Jan of this year. But even even if i bought the total stock market ETF outright id feel a little more comfortable knowing it'll bounce back bc i had those yearly stats for VTI. I couldnt see the stats for the ETFs/stocks that betterment was investing in.
Its all a learning process
