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Buying into VOO (lemmy.world)

submitted 16 hours ago by root@lemmy.world to c/personalfinance@lemmy.ml

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Up until now, I’ve just been saving an emergency fund in a HYSA. I’m getting to the point where I’d like to put excess savings into the market, and am looking at something like the VOO ETF. It seems things are essentially at an ATH right now, and there are a lot of big political things happening at the same time.

Would it be ill advised to buy into VOO right now? I could hold this in my HYSA but at the same time, I’m not needing this money for a while and long term I would think the market will continue to rise.

I know there was news a couple days ago about Berkshire Hathaway selling their S&P 500 ETFs, but this made up ~0.01% of their total portfolio.

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[–] Cowbee@lemmy.ml 4 points 16 hours ago

VOO is just the S&P 500, which is large-cap US. It doesn't make any sense to go with VOO and not also expand elsewhere, VT would make more sense as its global and market-cap weighted.