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Invest in The S&P (VOO) Now or Wait for a Dip?
['David Beren', 'John Seetoo', 'Sep', 'Rich Duprey', 'David Moadel', 'Omor Ibne Ehsan', 'Chris Lange']
24/7 Wall St.
Among the most popular ETFs available today, there is no shortage of discussion around the success of VOO.
Key Points This Redditor is wondering whether or not investing in VOO is a smart, long-term investment.
According to this Redditor, the goal is to buy VOO, “chill,” and allow the financial returns to pour into their bank account as the years go on.
The goal is to buy into VOO now, or sometime this year, and then sit on the investment for the next 20-30 years.
For example, the Redditor could buy today at $609, but this represents only 20% of their total investment strategy.
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