Hi. I’m 18 and relatively new to investing in the stock market (started in November). I initially put in ~$430 to my Robinhood account, which I’ve grown to ~$500 based on what I’ve learned through reading articles/books and watching a lot of YouTube. Since I’ve begun, I’ve only invested in “big name” stocks (CGC, AAPL, TSLA, etc).
Everywhere I look, I always see how the S&P 500 has succeeded immensely in the last 20 years, with most traders being unable to beat it. A lot of people continue to say that the S&P is the safest bet with regards to long term investing. I have about 3k saved up and was considering putting 1.5-2k in ETFs like SPY or VOO while keeping the $500 I already have in Robinhood to play around with other actual stocks. I guess this leads me to my questions:
Would it be smart to throw such a large portion of my money into S&P 500 ETFs?
Why is there so much hype surrounding it?
Are there any bear cases for it?
I realize I can find a lot of this info online, but I want to see a lot of individual takes on this since I’m just getting into the game. Any feedback would be greatly appreciated
Submitted April 10, 2019 at 10:36PM by zaijam3 http://bit.ly/2WZ54GM
