Year recap: VOO
Back in January I made I post about my experience so far investing every month on Vanguard S&P 500 ETF. There I shared results and some commentary about ETF investing vs picking individual stocks. You can read that post here: https://public.com/p/lNDOYG4a4o8xuMI5C9TH0qRChVrnvPfk
If you're new to investing I suggest you to read that post too.
So now it's been a little more than a year investing consistently, following the idea of Dollar Cost Averaging, every month on one of the most famous ETFs around. Lets take a look on how I've been doing so far.
All-time gain: -$15.15 (-1.25% loss)
Amount invested (without adding dividends): $1,200 ($100 monthly for 12 months)
Amount invested (including dividends): $1208.82
Total holdings (current value of my investment): $1193.67
Number of shares: 3.055
Average price per share: $395
Back in January my gains were at +$25.65 and my average price was $411.
A question you may have is, it is worth to keep investing in this fund if you have been losing money for your past 6 months?y answer is: absolutely.
Investing in funds like these is a long term process that history and data have shown it pays off. We are not talking about months or a year, we are talking about long years, more than a decade probably so you can see big results.
Also consider current market conditions, most indexes are down, plenty of companies are in red numbers but still this is normal and has happened in the past many times. Always the market recovers. From all my stocks $VOO is probably the one I check the least but it's the one I have always keep adding consistently, every month.
Just like I mentioned in the post linked above, for new investors all this investing thing can be very confusing, overwhelming and you may lose a lot of money if not done properly. However ETFs are always a good option to learn about and invest in a more simplified way. In my case I chose VOO but there are many others out there that can provide a good way to invest for the long run and also be more diversified. As always... research is the key, ask questions, look for answers, read articles, watch videos, etc. There are many ways to learn.
#possibilities
#longterm
#dca
#2030vision
#newinvestor
#publicclassroom
Aug 12, 2021 - Aug 12, 2022VOO4.00%
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