Unless you think we'll soon all be gathering nuts to horde in a post apocalyptic world, buying the market at these levels will pay off in the long term. Now, as the worst seems near, is when you 'buy low' to later 'sell high'. This is a great way to diversify your portfolio. While you get some poor performers, you get all the top performers. When someone says they own 'such and such' stock and made a killing, you can say you own it too, because you own them all! This ETF also has an ultra low expense ratio of .07%. You don't buy low at 52wk highs. Expect modest returns with this ETF, but overall long term gains. Be patient.
Since both ETF's are supposed to track the market, isn't it rather unusual that, as of today, VTI has outperformed SPY by 17% since you made your pick? That's a sign of some funny business, if you ask me. But I'm not sure whether it's a glitch in the caps system, or a display of the artificiality of the cherry picking of companies that get to be in the S & P, or what.
Recs
Unless you think we'll soon all be gathering nuts to horde in a post apocalyptic world, buying the market at these levels will pay off in the long term. Now, as the worst seems near, is when you 'buy low' to later 'sell high'. This is a great way to diversify your portfolio. While you get some poor performers, you get all the top performers. When someone says they own 'such and such' stock and made a killing, you can say you own it too, because you own them all! This ETF also has an ultra low expense ratio of .07%. You don't buy low at 52wk highs. Expect modest returns with this ETF, but overall long term gains. Be patient.
Since both ETF's are supposed to track the market, isn't it rather unusual that, as of today, VTI has outperformed SPY by 17% since you made your pick? That's a sign of some funny business, if you ask me. But I'm not sure whether it's a glitch in the caps system, or a display of the artificiality of the cherry picking of companies that get to be in the S & P, or what.