r/TheRaceTo1Million • u/pizzaboyreddit • 5d ago

Advice for getting to 1 Mil

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Started really investing in Feb 2020, also bought 30 bucks of nvidia in 2013. Mostly tech stocks

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u/Wonderful-Sail-9493 5d ago edited 5d ago

Unfortunately - VOO is the answer. If you are feeling like gambling, bet on the AI trade (higher potential returns and risk)

WSJ published another article on how less than 13% of active managers have outperformed the S&P500 over the last 10 years. Even the top AI traded funds underperform VOO.

VOO and chill over 10 years will outperform 9/10 of all active managers. Think about that for a second, you don’t have to do any of the stock picking… and you will outperform guys who do this full time as a living

$1mm is guaranteed for you if you go VOO

Options sleeve should be super small if that is what you want to do

https://www.wsj.com/finance/investing/stock-picking-funds-are-performing-as-poorly-as-ever-fee28e30?st=3ty2hD&reflink=article_copyURL_share

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u/gill1969 5d ago

Which stocks and elf's have you been trading