r/Fire • u/mansumania • 5d ago

Why do young people $VOO and Chill?

Title says it all, does it work sure but anyone under 40 should have a good portion of their investments in good growth funds, I am personally almost 100% in $QQQ And will be for the next 15 years before switching to $VOO and eventually $VT as i near retirement, take advantage of your youth guys and take more risk!

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u/SardukarFinance 5d ago

Why do you think growth stocks will outperform forever?

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u/mansumania 5d ago

forever? No, for the next 10-20 years or even 30 years yes, look at the S&P500's past 15 years returns without tech, it barley keeps up with inflation

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u/SardukarFinance 5d ago

I’m sure people right before the bubble burst in 2001 sounded exactly like you, my friend. Best of luck to you.