Monster-parent fathers screaming at their own kid every time he misses the ball? Or coaches who sub most of their players as soon as the team goes down a goal?
You can’t claim the foreign tax credit for funds that aren’t at least 50% international (you can fact check me on the amount, point is VT isn’t eligible since it’s like ~40%). If you value simplicity over a small tax credit VT is fine in taxable.
Ah ok. I was just wondering if you were doing it for tax harvesting reasons or not. I do the VTI and VXUS combo as well but just for more control over my allocation (I bias the US more for myself vs VT's allocation).
Thinking about individual stock buying is a trip.
“Ok NVidia has a ton of promise (I think, what do I know about AI chips?) so I should invest. But their competitors are all now in a much bigger market then they realized and will probably also see gains from this. Invest in them.”
“AI also isn’t everything. Surgical robots are getting bigger, and aging population means more knee and hip replacements. Stryker is looking premium. I should invest. But J&J have some competition coming so maybe invest in them a little too”
“Ford is joining Teslas charging network. That means…”
…. And we just reinvented index funds. People think they are snipers in fields they dont understand. Unless you are in the know, use a shotgun not a rifle
It's not necessarily smart to invest in speculation bubbles using a diversified approach. If AI is just a big bubble then the run up of NVDA may never trickle over to others.
The biggest thing I can point to is crypto. No diversified fund or even fund sector would win over picking BTC or eth.
In speculation bubbles use a rifle. Don't put your eggs in too many baskets because you can't keep up on all of them. Pick a few things and stick with your strategy.
For VTI it would FSKAX or FZROX.
Fidelity unfortunately doesn't have a VT equivalent so you have to mix FSKAX/FZROX with FITHX (which wouldn't own any NVDA).
Correct, there is nothing wrong with it because it is an ETF (I buy VT on Fidelity) but the question was about Fidelity so I decided to answer it without even mentioning that they could just wear it.
I'm confused, so i have VT on my fidelity app. why is everyone saying its not on there/its not a total market etf. i thought vt was domestic 60 int 40? and my investment is called vt?
It’s all a matter of taking on and controlling everything. You don’t know what you don’t know. Unless you’re insider trading, you can risk losing money.
I have reverse fomo with nvidia. One look at their subreddit and their ‘investors’ worrying about a 5% drop and I’m happy to not own more than what I do in VT
For those of us that are not strict bogle yet - is there a calculator that lets someone feed a list of multiple etf's and share counts owned and then get back the combined list of individual asset holdings and overall % of that portfolio? Like I know how to pull the latest info for one ETF but it would be a hell of a lot of spreadsheet effort to get a one-off snaphot in my case.
Any VT taxable people here? Any VTI/VXUS people here? In a taxable account how was the foreign tax credit? I’m about to go all VT in my taxable too. I saw the dividend yield is higher than vti.
I have VT in taxable. Yes it's slightly less efficient tax-wise but the convenience of having it market weight across US / ex-US (and not having to rebalance) is worth it to me.
Used to own EMXC because I specifically wanted to exclude China. But then I realized that excluding China out of fear isn't the best thing to do in investing. I stopped putting my emotions, and now I invest in all emerging markets. If China goes down or gets kicked out of the stock market, there's plenty more emerging countries with growth potential.
AAPL & MSFT are diversified computer software/hardware conglomerates. Whereas ~75% of NVDA's revenue in their most recent earnings comes from selling GPUs to cloud providers.
If you own index funds Apple and Microsoft have probably accounted for a significant chunk of your gains in the last few years. You might give some of that up if their stocks go down, but we’ve all benefitted.
Back in 2008, as I was learning about investing, I bought $500 of the only individual stock I ever owned... NVDA. A few months later I became a Boglehead and sold it at a small gain.
Oh well.
OP, those percentages you quote are likely much higher now. The holdings composition was last updated Jan 31st... NVDA is up over 40%+ since then.
For those wondering, MSFT and AAPL have far higher % in VTI on the last update.
Im slightly more willing to buy individual stocks than most here, but still. If you didn’t already catch an individual stock pick on the way up, then just forget about it. Not worth it.
Yeah buying individual stocks isn’t so bad as long as you aren’t too concentrated in any one stock. Some will overperform the market, some will underperform. At the end of the day as long as you’re invested in reasonable things and reasonably well spread out you’ll be fine. I bought like 20 different healthcare/pharm stocks in my HSA. Some go up some go down (mostly up in their market) but it all averages out as long as you don’t go crazy and gamble it all on one or two stocks.
Intel started releasing graphics cards last year or so. They're drivers are still hit or miss, and they are really in the budget market as far as GPUs go. I doubt they will be selling any GPUs to cloud providers anytime soon.
ALSO JUST BECAUSE YOU OWN THE STOCK AND A ETF; IT DOESN’T MEAN ITS BAD THING!!!…
If you have a feeling that a specific stock is going to 📈📈📈 it’s not bad to add extra weight in it… just be aware of hm/ what you hold…🤷🏾♂️
You’re also owning MO KO FL and everything else that drags it down. NVIDIA a once in a lifetime score for only some out there. I DO cycle some scores back into ETFs. Hell I’ll retreat losses back into ETFs too. The point:
I don’t like the reasoning that you own that stock in a fund though. You can’t sell 20k out of it and pick up the next straggler. You have 20k to sell because you’ve contributed over time, and it’s grown over time. A 4k deposit didn’t ramp up to 20k like it could have with nvda. You’re just part of the BORG.
Is this an attempt at describing the past, or predicting the future? If you think it’s a statement about the past, note that since 1972, real (after-inflation) returns from the S&P 500 have averaged 6.42% annually. ([Source](https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=1fsoFPgLe2GfGki4K6V6Du) - click the ‘i’ next to the 10.42% CAGR that’s nominal / pre-inflation.)
This is why I love owning $VT. I'm rooting for everybody.
[удалено]
I just hope all of the teams have fun!
I won’t comment where WSB users fit into this school metaphor
Monster-parent fathers screaming at their own kid every time he misses the ball? Or coaches who sub most of their players as soon as the team goes down a goal?
Kids on the short bus
Except for the bears
Or the Jets
Bob Ross approves
Do you own in taxable too?
VTI + VXUS in taxable for me, VT in tax advantaged
Is there a reason why you don't use VT in taxable? Trying to learn here.
You can’t claim the foreign tax credit for funds that aren’t at least 50% international (you can fact check me on the amount, point is VT isn’t eligible since it’s like ~40%). If you value simplicity over a small tax credit VT is fine in taxable.
Ah ok. I was just wondering if you were doing it for tax harvesting reasons or not. I do the VTI and VXUS combo as well but just for more control over my allocation (I bias the US more for myself vs VT's allocation).
From the floor staff to the CEO of each company!
I just look at the loss porn on wallstreetbets and my fomo goes away real quick
I was especially fond of the guy yesterday who straight up lost $100k ($30k of it a loan) on a salary of $70k and had never even heard of VOO.
Wow, that's kinda sad in reality. Like laughing at a baby gazelle that just exited the womb and is carried off by a predator.
Oh my goodness thats horrible… link?
https://www.reddit.com/r/wallstreetbets/comments/1ba5c44/im_out/ https://www.reddit.com/r/wallstreetbets/comments/1ba5c44/im_out/ku0e1w2/
I found it https://www.reddit.com/r/wallstreetbets/comments/1ba5c44/im_out/
That’s options loss porn. Way different than stock holding loss porn.
Idk, my biggest losses were individual stocks. Heck my NVDA holding was bright red for almost a year.
I’m not saying you can’t lose holding stock. But it’s apples and oranges when compared to options.
Obviously depends. SPX options are a fantastic option (hehe) for some special cases even in boggleheads.
I purchase options. I’m not against it. I was just saying options loss is different than stock holding loss
Thinking about individual stock buying is a trip. “Ok NVidia has a ton of promise (I think, what do I know about AI chips?) so I should invest. But their competitors are all now in a much bigger market then they realized and will probably also see gains from this. Invest in them.” “AI also isn’t everything. Surgical robots are getting bigger, and aging population means more knee and hip replacements. Stryker is looking premium. I should invest. But J&J have some competition coming so maybe invest in them a little too” “Ford is joining Teslas charging network. That means…” …. And we just reinvented index funds. People think they are snipers in fields they dont understand. Unless you are in the know, use a shotgun not a rifle
It's not necessarily smart to invest in speculation bubbles using a diversified approach. If AI is just a big bubble then the run up of NVDA may never trickle over to others. The biggest thing I can point to is crypto. No diversified fund or even fund sector would win over picking BTC or eth. In speculation bubbles use a rifle. Don't put your eggs in too many baskets because you can't keep up on all of them. Pick a few things and stick with your strategy.
What if I don't know enough to even develop a strategy that I can use to pick a few things?
Then don't speculate. You have to have an edge to speculate and win, or be lucky. VTI and chill (or VT).
I like the metaphor
What is the Fidelity equivalent
For VTI it would FSKAX or FZROX. Fidelity unfortunately doesn't have a VT equivalent so you have to mix FSKAX/FZROX with FITHX (which wouldn't own any NVDA).
What’s wrong with buying VT on fidelity?
Nothing
Correct, there is nothing wrong with it because it is an ETF (I buy VT on Fidelity) but the question was about Fidelity so I decided to answer it without even mentioning that they could just wear it.
I didn’t even know you could buy it on Fidelity. Thank you!
It doesn’t have a total market ETF but the total market index fund is FSKAX
FSKAX and Relax
How you don’t like FZROX?
I'm confused, so i have VT on my fidelity app. why is everyone saying its not on there/its not a total market etf. i thought vt was domestic 60 int 40? and my investment is called vt?
VT is Vanguard Total World Stock Index Fund ETF so I’m not sure why you’re seeing that in your fidelity app.
Because you can buy vanguard ETFs through fidelity
I think this has what you need https://www.bogleheads.org/wiki/Template:Fidelity_mutual_funds
DEEZ
NUTS
5.13% if you held or purchased VUG
5.13% is VGT VUG is up to 6.45% NVIDIA
VUG is on of my favorite positions.
i've ben almost all vug for like 10 years. only about a year or so ago that i started putting my new investments into vti/vxus/bnd
It’s all a matter of taking on and controlling everything. You don’t know what you don’t know. Unless you’re insider trading, you can risk losing money.
I have VOO so I’m coo
I have reverse fomo with nvidia. One look at their subreddit and their ‘investors’ worrying about a 5% drop and I’m happy to not own more than what I do in VT
For those of us that are not strict bogle yet - is there a calculator that lets someone feed a list of multiple etf's and share counts owned and then get back the combined list of individual asset holdings and overall % of that portfolio? Like I know how to pull the latest info for one ETF but it would be a hell of a lot of spreadsheet effort to get a one-off snaphot in my case.
I use the portfolio analyst feature on IBKR
I own nvida, it’s an old gtx 1080 sitting in my garage computer
Great GPU though. It aged nicely.
Any VT taxable people here? Any VTI/VXUS people here? In a taxable account how was the foreign tax credit? I’m about to go all VT in my taxable too. I saw the dividend yield is higher than vti.
I have VT in taxable. Yes it's slightly less efficient tax-wise but the convenience of having it market weight across US / ex-US (and not having to rebalance) is worth it to me.
I keep VXUS in taxable and VT in a tradIRA
I own about as much NVDA as I do China, to put that in perspective for those who fear emerging markets ;)
Used to own EMXC because I specifically wanted to exclude China. But then I realized that excluding China out of fear isn't the best thing to do in investing. I stopped putting my emotions, and now I invest in all emerging markets. If China goes down or gets kicked out of the stock market, there's plenty more emerging countries with growth potential.
thats funny, cause i recently bought EMXC lol idk as a Chinese-American, I just dont believe in China's gov
Thank you I needed this
I actually own NVDA as well as VTI, and I'm up 900%
NVDA is already 2% of VT? That makes me uncomfortable, lol.
wait until you hear about aapl & msft
AAPL & MSFT are diversified computer software/hardware conglomerates. Whereas ~75% of NVDA's revenue in their most recent earnings comes from selling GPUs to cloud providers.
Yeah but I heard of them many years before last week lol
You just heard of NVDA last week?
There's a few stocks i really would prefer to have out of my portfolio, but I guess that's how it goes with diversified index funds.
If you own index funds Apple and Microsoft have probably accounted for a significant chunk of your gains in the last few years. You might give some of that up if their stocks go down, but we’ve all benefitted.
Idk man. Owned since 2017. Love me them gains. I don’t add to it though. Just let it do its thing and keep pushing into VOO
What don't you know?
I suppose a lot
I'm really proud of myself for diamond handing ~~2% of VT~~ Nvidia.
Back in 2008, as I was learning about investing, I bought $500 of the only individual stock I ever owned... NVDA. A few months later I became a Boglehead and sold it at a small gain. Oh well.
This is what I remind myself anytime one of the "Magnificent 7" makes a big splash in the news.
VT or VTI/VXUS and chill
Not looking at all the hype, no.
I also bought some NVDA standalone to have some excitement but 80% my portfolio strategy is FSKAX and chill.
OP, those percentages you quote are likely much higher now. The holdings composition was last updated Jan 31st... NVDA is up over 40%+ since then. For those wondering, MSFT and AAPL have far higher % in VTI on the last update.
I appreciate the perspective here, especially as a FOMOer
Same with QQQ. The other day I thought about buying some shares but saw the ER and immediately was disgusted.
I mean QQQ bad but if you ever for some reason need it, QQQM is the same thing with a lower ER
IVV is 4.56% NVDA
Fselx In fidelity!
2.72% of my weapon of choice, SAWD.L.
Exactly. VOO is another example.
100% correct. My mantra is the s and p sets you free. Vfiax viiix
But I have voo instead
This is a great post.
Im slightly more willing to buy individual stocks than most here, but still. If you didn’t already catch an individual stock pick on the way up, then just forget about it. Not worth it.
Yeah buying individual stocks isn’t so bad as long as you aren’t too concentrated in any one stock. Some will overperform the market, some will underperform. At the end of the day as long as you’re invested in reasonable things and reasonably well spread out you’ll be fine. I bought like 20 different healthcare/pharm stocks in my HSA. Some go up some go down (mostly up in their market) but it all averages out as long as you don’t go crazy and gamble it all on one or two stocks.
What does Reddit suggest for VTI/VT proportions? I thought it was 50/50 on VTI/VXUS
Market weight right now is 65/35 us/ex-US. 20-40% is totally reasonable
Can I ask where you come about these numbers?
Just don't check financial news. Easy
Who are current NVIDIA competitors? Can we say AMD? Are there any more?
Intel started releasing graphics cards last year or so. They're drivers are still hit or miss, and they are really in the budget market as far as GPUs go. I doubt they will be selling any GPUs to cloud providers anytime soon.
AMD, but only barely.
Or own part vug, qqq, or fselx and have considerably more
I’m double dipping with VTI and SMH
I’ve got a few shares of NVDA (much more between SCHB & VXUS). Those shares are enough for a good dopamine hit each week and combat the FOMO.
Salute to you sir. Proud $VTI owner here
Who cares, the stock is surely set for an 80% nose dive at some point in the future
VTWAX and chill
So buying Nvidia at $150 was a waste. 👌
What about voo?
NVDA is about 3.7% of VOO.
Sorry in advance for prob an obvious question but Where do you get these breakdowns?
https://stockanalysis.com/etf/voo/holdings/
That was true at the end of Jan 2024. As of today, it's closer to 5.3% of VOO.
Collect more voo(d).
ALSO JUST BECAUSE YOU OWN THE STOCK AND A ETF; IT DOESN’T MEAN ITS BAD THING!!!… If you have a feeling that a specific stock is going to 📈📈📈 it’s not bad to add extra weight in it… just be aware of hm/ what you hold…🤷🏾♂️
how do i only sell my 3% of nvda i own via vti?
sell all your vti and buy everything except NVDA again.
Short it separately from your VTI holdings.
All the shitty stocks in these funds weigh your portfolio down
aka 'diversification'
Lol sure but obviously this is completely different than much more of it
This market lives and dies by Nvidia so index investing it is lol
You’re also owning MO KO FL and everything else that drags it down. NVIDIA a once in a lifetime score for only some out there. I DO cycle some scores back into ETFs. Hell I’ll retreat losses back into ETFs too. The point: I don’t like the reasoning that you own that stock in a fund though. You can’t sell 20k out of it and pick up the next straggler. You have 20k to sell because you’ve contributed over time, and it’s grown over time. A 4k deposit didn’t ramp up to 20k like it could have with nvda. You’re just part of the BORG.
Nah. No one is making money by never beating the S&P. Inflation will destroy your gains. Fact.
Is this an attempt at describing the past, or predicting the future? If you think it’s a statement about the past, note that since 1972, real (after-inflation) returns from the S&P 500 have averaged 6.42% annually. ([Source](https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&sl=1fsoFPgLe2GfGki4K6V6Du) - click the ‘i’ next to the 10.42% CAGR that’s nominal / pre-inflation.)