What is best? Investment in betterment with 60% stocks and 40% bond or Index fund investment such as VOO on Robinhood?

Charter
iamcharter

Go to company page Charter

iamcharter
Dec 5, 2021 16 Comments

I am just trying to get experts opinion as I am newbie on the investment. Please share your experience.

Yoe - 12
Tc - πŸ’― πŸ₯œ

#personalfinance #investments

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TOP 16 Comments
  • Uber / Manufacturing
    HaraamKhor

    Go to company page Uber Manufacturing

    PRE
    4U Fitness
    BIO
    Haz Code
    HaraamKhor
    VOO. But use some sane platform like fidelity or Schwab. Using Robin Hood will entice you to do more risky stuff, since their platform is gamified. Feels like Las Vegas
    Dec 5, 2021 5
    • Google
      pEIe22

      Go to company page Google

      pEIe22
      With that logic, Uber feels like it will entice you to order more food or go to random places. They should all use Taxis. Like seriously!? Some people on this platform work for cutting edge firms but talk like they live in 20th century.

      OP you use what you prefer, cause you are smart. I use RH for VOO (100k) with recurring investment and never ever did panic buying, selling. Fidelity feels like NASA software and I don't even want to start on Vanguard. It's your money and it shouldn't be hard.

      Hard is not better. Complex is not sexy.
      Dec 6, 2021
    • Uber / Property Dev
      Pythagora

      Go to company page Uber Property Dev

      PRE
      4U Fitness
      BIO
      Haz Code
      Pythagora
      You don’t like vanguard, then why you buying voo? That too from rh, where all the cool kids play
      Dec 6, 2021
  • VOO is the best option for investing newbies. It is also the best option for investing experts.
    Dec 5, 2021 0
  • Bloomberg
    AntiTaxxer

    Go to company page Bloomberg

    BIO
    Taxation is theft
    AntiTaxxer
    How old are you? I doubt that a balanced portfolio (60/40) is right for you at this point.
    Dec 7, 2021 2
  • Box
    shortlcid

    Go to company page Box

    shortlcid
    I think you should not use Robinhood for such funds. Pick someone like vanguard or fidelity. invest and forget. Come back after few years.

    With robinhood you will simply do panic selling on every minor fluctuations and fomo buying when market goes up.
    Dec 5, 2021 1
    • Google
      pEIe22

      Go to company page Google

      pEIe22
      You think Fidelity doesn't send you notifications? They want to be like Robinhood, not the other way round. I don't get folks working in cutting edge firms talking up old guards. I hope you are not telling your customers to use IBM Cloud.
      Dec 6, 2021
  • Google
    pEIe22

    Go to company page Google

    pEIe22
    VOO on RH with weekly Recurring investment and let it run. You will thank me after 2 years.
    Dec 6, 2021 0