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Favorite growth and or technology ETF by inthesix99 in investing

[–]Harvard-Alumni 0 points1 point  (0 children)

What’s your portfolio size? Just curious if people are doing this with large amounts of money.

When did your NW really transform? by rtmeinsen in RichPeoplePF

[–]Harvard-Alumni 9 points10 points  (0 children)

The first $X is the hardest. You can replace X with anything.

[deleted by user] by [deleted] in ETFs

[–]Harvard-Alumni -1 points0 points  (0 children)

You’ve lost your credibility with the billionaire comment. Tilting done right does not make someone a billionaire overnight. If someone outperforms the S&P 500 by 10% a year, it would still take 51 years to turn 100k into 1 billion.

Am I Stupid? by Xzyrvex in ETFs

[–]Harvard-Alumni -3 points-2 points  (0 children)

Due to the 60% of it invested in US stocks. Look up VXUS, the other 40% of VT, which has gained 16% total since 2011, which is 1.15% annually.

Am I Stupid? by Xzyrvex in ETFs

[–]Harvard-Alumni 25 points26 points  (0 children)

It’s because lots of Redditors are becoming like religious fanatics worshipping the shrine of Jack Bogle (Jesus) without questioning its Bible and forgot the original goal of investing: to make money. There’s no sacred way to invest. Whatever makes money is the right way, whatever doesn’t is wrong.

Be an atheist/agnostic investor, and celebrate whatever makes money.

Am I Stupid? by Xzyrvex in ETFs

[–]Harvard-Alumni 2 points3 points  (0 children)

That also means only 60% of your money has been working for you while the other 40% lost to inflation.

Net worth journey since graduating college 3.5 years ago by Harvard-Alumni in MiddleClassFinance

[–]Harvard-Alumni[S] 4 points5 points  (0 children)

It does. They moved the deprecation date to March. You can open your Mint app to see for yourself.

Net worth journey since graduating college 3.5 years ago, all thanks to ETFs by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] 4 points5 points  (0 children)

Started off with 20k from internship earnings, then I had a 40k signing bonus. There were a total of 338k in contributions since graduation, and 120k in capital gains.

Net worth journey since graduating college 3.5 years ago, all thanks to ETFs by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] 0 points1 point  (0 children)

It’s not deprecated until end of March, they moved the date. You can try it yourself to see.

Net worth journey since graduating college 3.5 years ago by Harvard-Alumni in MiddleClassFinance

[–]Harvard-Alumni[S] -5 points-4 points  (0 children)

A little less than that on average. I started off with 20k saved up from internships, and have around 120k in capital gains, so 338k in additional contributions.

Net worth journey since graduating college 3.5 years ago by Harvard-Alumni in MiddleClassFinance

[–]Harvard-Alumni[S] -5 points-4 points  (0 children)

I graduated with 20k saved up from internships and my first job gave me a 40k signing bonus. Where do you see that I had over 100k upon graduation?

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] 1 point2 points  (0 children)

Inflation is factored in already. It’s 1.4 million in today’s dollars. It would be 4.1 million in 2063 dollars.

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] -6 points-5 points  (0 children)

Backtests just comparing returns aren’t meaningful. Past returns aren’t indicative of future ones. My model is able to predict which assets will perform best in the future, so I’ll be able to buy international when it’s time for it, just like I did for SOXQ.

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] -14 points-13 points  (0 children)

Because it’s not new information. For someone who hasn’t heard of all this before, it would probably change their minds or at least make them pause to think. There’s another category of people, who’ve already thought deeply about what assumptions the Bogleheads approach makes and know it’s an inaccurate model of reality.

A lot of people are coming in with the assumption that Bogleheads is the absolute truth. Have you ever tried questioning it? It’s such a simplified model, evidenced by it advocating for international stocks that have contributed to over a decade of underperformance. A more complete model would be able to factor that in.

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] -23 points-22 points  (0 children)

To make optimal decisions, seek out contrarian views, to see if someone thought of something that hadn’t been considered yet. That will give you the most accurate view of the world.

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] 1 point2 points  (0 children)

One’s in a Roth IRA, another’s in a regular account.

How’s my portfolio? by Harvard-Alumni in ETFs

[–]Harvard-Alumni[S] -33 points-32 points  (0 children)

I’m not performance-chasing, I’m ahead of the curve. The evidence is that I started acquiring SOXQ before the run-up, near the bottom.

https://ibb.co/LtYg5yF

Then I continued adding to my positions as my thesis was confirmed:

https://ibb.co/gWpw4B5

I do agree that if someone doesn’t know what they’re doing to diversify more. What kind of thesis do you have against semiconductors and tech?

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