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For many people, retirement Planning is a distant thought. That is, until it goes into the reality of time.
This scenario is too common: some individuals are late to wake up in the importance of investment, panickers in the absence of time and fight to ensure their Financial future.
With only 15 years of retirement and $ 200,000 savings, one investor also feels pressure to grow its money quickly, looking for the fastest way to increase growth in the next 15 years.
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His concerns are clear: “What would be the best portfolio to invest in to maximize growth?”
The poster also showed concern about risks involved and asked if it was possible to continue this feat without paying a manager to do so.
The Reddigators in the R/Stocks community offered an abundance of advice to the investor, so let’s dive into it.
Enter the ETF wide market for growth and stability
The most common tips received in the topic comments were to invest in the ETF wide market, as these funds offer diversification and good yields, making them a favorite for long-term growth.
“If you are looking for shares to invest in Reddit, I would just park that money [Vanguard S&P 500 ETF (NYSE: VOO)] For yourself, “reads the first comment.
One Redditor mentioned several ETF, which he believes he would be a good choice considering the posters’ situation.
“It depends on how much you need in retirement and tolerance at risk. With retirement money, I would recommend you play it safely and hold on to ETF, not to choose individual stocks. Some usual relatively safe ETF are VOO Who,, [Vanguard Total Stock Market ETF (NYSE: VTI)],, [Vanguard Total World Stock ETF (NYSE: VT)],, [Invesco NASDAQ 100 ETF (NASDAQ: QQQM)]and [Schwab U.S. Dividend Equity ETF (NYSE: SCHD)] (This is mostly if you are looking for a dividend yield), “he said.
“Put it in the voo and turn your [dividend reinvestment plan] on. Literally forget it for the next 15 years. Better still, set the auto draft for X the amount that will enter it per week/a month, “said the second Reddit user.
Several Redditors recommended the combination of ETF aimed at growth with dividend payment funds for better balance.
“The balance between growth strategies and dividends (values) is probably an responsible approach. Maintenance of dry powder for bear market opportunities. On top of that, tax optimization can accurately adjust and help reduce tax burden, “the comment reports.
One Reddit user has appointed several resources that he believes would be great opportunities when it comes to growth.
“[Vanguard Growth ETF (NYSE: VUG)] or [Vanguard Information Technology ETF (NYSE: VGT)] is better growth … I shared 30/30/30 and the third is voo … putting a new money in [JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ)] Because of the economy of Kangaroo we had, “the user suggested.
The comment recommended that the poster invest in two ETF aimed at dividend to generate revenue and then re-invest that revenue in the next 15 years.
“I would go [YieldMax MSTR Option Income Strategy ETF (NYSE: MSTY)] and [YieldMax NVDA Option Income Strategy ETF (NYSE: NVDY)] at these prices. Dividenda Reinvestist for 15 years and then live them, “says the commentator.
Invest in several individual stocks for rapid gain
Individual stocks have been raised several times in the comments, and some redditors suggest certain types that could increase money faster.
“$ 50,000 [Alphabet Inc. (NASDAQ: GOOG, GOOGL)]$ 50,000 [Meta Platforms Inc. (NASDAQ: META)]$ 50,000 divided between [NVIDIA Corporation (NASDAQ: NVDA)]/[Advanced Micro Devices Inc. (NASDAQ: AMD)] and $ 50,000 in division between [Palantir Technologies Inc. (NYSE: PLTR)]/[Apple Inc. (NASDAQ: AAPL)]. All 6 should be big winners above the market in the next 10 years. It’s great difficult, but it will have the fastest gains, “Redditor wrote.
While the next comment includes ETF of a wide market, the user continued to assign a significant part of some supplies.
“50% on S & P 500/20% on NVDA/ 20% on Googl/ 10% on PLTR,” it says.
“NVDA. There’s still so much growth potential and a bit of a monopoly. If you want to go with smaller caps, see [Super Micro Computer Inc. (NASDAQ: SMCI)]”Reads another single stock proposal.
