Ask HN: How do you manage and budget your monthly income

Re:Ask HN: How do you manage and budget your monthly income by joe_91 on Saturday January 02, 2021 @04:21PM (#25616651)

Thats the great thing about Exchange Traded funds which track an index - there's no thinking to do just invest in the fund for example this is a popular one: Vanguard S&P 500 ETF (VOO)

And when you buy this you are effectively buying, Apple, Amazon, Google, Johnson & Johnson, Procter & Gamble Co, NVIDIA etc because the fund will go ahead and buy all the largest 500 US companies weighted by market cap.

The S&P500 has returned an average of 12% a year for the last 10 years.

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Re:Ask HN: How do you manage and budget your monthly income by ipop on Sunday January 03, 2021 @11:14AM (#25622595)

Found something interesting - https://www.upmyinterest.com/article/investportfoliolt

SP 500 was -5.9% in 2018, but it went up to 31% in 2019...pretty fair.

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