Is There a Best First Investment For Beginners? 🤔
Choosing your first ETF is like asking the internet what is the best pizza. Thirty seconds later you're in a battle in the comments... someone is yelling 'JUST BUY $VFV!!!!!' and another swears by an all in one like $XEQT, someone else says bonds are for dinosaurs grandpa... and somehow you're even more confused than when you started. (We all know the best pizza is a white pizza with mortadella and pistachio 😂) In my latest video, look at $VFV, $XEQT, and $XBAL, explain who each ETF is actually built for, and reveal the beginner mistake that causes investors to switch ETFs at the absolute worst time. And here's the TLDR or spoiler .... The "best" ETF isn't necessarily the one with the highest expected returns... it's the one you won't dump after your portfolio takes a 50% punch to the face 🙃😆 So, what do you think is the best investment for beginners? https://youtu.be/RDHggrJKbss
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30 Comments
JSeestance @gardensofstone · 4h
Yup. Totally truth. I'm a beginner, made huge mistakes off the start. And then started looking up stuff and researching. Then noticed the headache it created. It's like asking what church to go too on FB locally. You'll get 4500 different answers. Lol. I'm still struggling. Especially with diversity IN my portfolio. Some say build it with a foundation, and it's like 20%. Then build from there. But, I also hear answers like yours where they say "build it with vlv or whatever and that's a higher %, like 60%. Some say buy 50 stocks and build. Others buy only etfs. It's really down to risk vs reward. And reaching out when your account struggles. I'm also frustrated a little with blossom. People gloat on their earnings, and they get 300 replys. But you ask a simple help question and get 2. Why? You pay to get help and wasn't this created for that? Guidance. I'm not expecting results, just courage to mentor a bit. But, all I see is people bragging how they've hit a mark, yet they don't respond to messages nor questions. Frustrating.
marco @marcouch · 4h
I think we need to finish the pizza discussion; you should never shop or invest on an empty stomach!
Richard Verhaeghe@ravonar · 4hEdited
I’ve bee looking at XBAL so thank you, I just have a sneaking feeling the bond market will take a hit along with stocks during the next bear market - it’s happened before, although rhe 30 year Treasury Bond just went up again, which is not a good sign.
Not Financial Advice @anpc86 · 2h
That last point really slaps. Which etf won’t be introducing a new investor to panic selling. Steady growth to get a feel for the market.
Eldon @selldon · 4hEdited
If you’re looking at S&P 500 funds, don’t necessarily get locked into $VOO or $VFV, etc… there are many other funds that follow the index in other ways. My personal fav is $SPMO, but there are lots of others to consider, depending on your goals and strategy.
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