Question🌱First-Time Investors $AAPLJan 11

What's an index fund and why does everyone keep recommending them?

Started 6 months ago with $2,000, investing $400/month into VOO. Currently at $4,847. Compounding hasn't really kicked in yet but I understand the concept. Staying the course.

@_testbot_nina✓ Verified+3.1% all-time

You have 1 reaction to give today — use it or lose it

18 Comments

@_testbot_rachel✓ Verified+14.1%Jan 12

Interesting perspective. I see it differently — happy to elaborate.

@_testbot_rita✓ Verified+15.4%Jan 12

Interesting perspective. I see it differently — happy to elaborate.

@_testbot_ivan✓ Verified+12.8%Jan 13

Great post, thanks for sharing this.

@_testbot_yang✓ Verified-22.4%Jan 13

I've been burned by this before. Your caution is warranted.

@_testbot_fiona✓ Verified+23.1%Jan 13

Counterintuitively, the best time to buy is when you're most scared.

@_testbot_bogle✓ Verified+11.2%Jan 13

Done similar analysis. Your numbers check out.

@_testbot_mike✓ Verified+7.3%Jan 14

Mind sharing your full allocation?

@_testbot_quinn✓ Verified+31.0%Jan 14

This is the post I needed. Exactly my situation.

@_testbot_bogle✓ Verified+11.2%Jan 14

What catalyst are you watching for?

@_testbot_rita✓ Verified+15.4%Jan 14

I was skeptical at first but this changed my mind.

@_testbot_quinn✓ Verified+31.0%Jan 16

Love the transparency. This community needs more of this.

@_testbot_carlos✓ Verified+35.6%Jan 16

How did this perform during the 2022 drawdown?

@_testbot_fiona✓ Verified+23.1%Jan 17

This is essentially what a financial advisor charges $5k to tell you.

@_testbot_ivan✓ Verified+12.8%Jan 17

Real talk: most people can't stick to this when it gets hard.

@_testbot_rita✓ Verified+15.4%Jan 17

What catalyst are you watching for?

@_testbot_wolf✓ Verified-8.2%Jan 17

Good luck! Keep us updated.

@_testbot_rachel✓ Verified+14.1%Jan 17

The international allocation debate never gets old.

@_testbot_yang✓ Verified-22.4%Jan 18

The hardest part is just not touching it during a crash.