3 ETF MISTAKES

3 ETF MISTAKES (one just cost people 63%) IF YOU OWN FIDELITY ACCOUNTS $2,059,636.12 + $60,348.78 (3.02%) YOU'RE PROBABLY MAKING ONE OF THESE THREE MISTAKES AND THE LAST PEOPLE 63% OF PEOPLE 63% OF PEOPLE 63% OF WAITING TO AFFORD VOO THINKING THINKING YOU NEED $700 VOO $700 SO PEOPLE SIT MONTHS WAITING TO AFFORD ONE FULL SHARE SPLG IS THE SPLG State Street S&P 500 ETF 500 COMPANIES 500 COMPANIES THE EXACT SAME ORDER FOR ABOUT $90 IT ACTUALLY CHARGES LESS TOO ABOUT 0.02% VOO VS SPLG 500 COMPANIES 0.03% EXPENSE RATIO (PER YEAR) SAME COMPANIES 500 COMPANIES 0.02% EXPENSE RATIO (PER YEAR) LOWER FEES YEAR INSTEAD OF 0.03% AND MOST APPS A FRACTION OF ANYWAYS SO 50 BUCKS GETS YOU INTO EITHER ONE SECRETLY OWNING THE SAME FUND IS BUYING THREE FUNDS THAT ARE SECRETLY THE SAME THE CLASSIC STARTER PORTFOLIO IS VOO VOO Vanguard S&P 500 ETF QQQ AND SMH QQQ Invesco NASDAQ-100 ETF SMH Direxion SEMICONDUCTOR SECTOR ETF NVIDIA IS LITERALLY NVIDIA IS IN ALL THREE 7.5% OF VOO 8.5% OF QQQ 22% OF SMH SAME STOCK. DIFFERENT FUNDS. IN 2022 THEY ALL FELL TOGETHER. VOO -18% QQQ -33% SMH -34% YOUR WHOLE PORTFOLIO FELL AT ONCE. I OWN VOO AND SMH MYSELF SO I'VE GOT THERE TWICE AS I JUST KNOW IT AND I PURPOSE TREATING LEVERAGED ETFS AS NORMAL HOLDING A LEVERAGED ETF LIKE IT'S A NORMAL ETF SOXL Direxion DAILY SEMICONDUCTOR 3X BULL SHARES ETF 3X CHIP SO EVERY DAY IT MOVES THREE AS CHIP STOCKS THIS SUMMER PEOPLE POURED $5 RIGHT AS CHIPS PEAKED AND SINCE JUNE ARE DOWN 23% SOXL DOWN 63% IT RESETSEVERY SINGLE DAY. UPON REBALANCING, THE FUND WILL TRY TO REPLICATE 3X THE DAILY RETURN OF ITS UNDERLYING INDEX. IN 2024 (FULL YEAR) UP 12.9% DOWN -12.3% THE DIFFERENCE +25.2% BETTER PERFORMANCE (CHIP STOCKS VS VOO) -75.3% WORSE PERFORMANCE (SOXL VS CHIP STOCKS) IN 2024 CHIP STOCKS FINISHED 12.9% BUT SO XL FINISHED THE YEAR DOWN 12.3% DON'T MAKE THESE SAME MISTAKES SAVE THIS AND SAVE THIS YOUR OWN PORTFOLIO FOR ALL THREE