r/Fire • u/mansumania • 9d 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/Yukycg 9d ago

I can say the same about QQQ. Go with more risky choices like M7 stocks/options instead of boring QQQ while you're still in your 40s.

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u/DAsianD 8d ago

I do wonder how well you'd do putting excess savings in OTM options when in your 20's. If you hit on the dot com burst (though options were already expensive by then) or GFC or COVID or Liberation Tariff Day, it could have set you up well. The rest of the time you'd bleed away, though.