I Invested in $VOO for 525 STRAIGHT DAYS and THIS HAPPENED... 😱 BIG Update... Did I CROSS $50,000? 💰

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Today's video I cover a NEW UPDATE on my investing strategy. Today, I cover how I have invested every day for over 525 days now, into Vanguard's S&P 500 ETF - VOO.

This is one of the, if not THE, most popular exchange traded funds in existence.

In fact, VOO is almost $1 trillion in asset size, WOW.

What exactly is an exchange traded fund or ETF? It is essentially a basket of stocks that track an index of sort.

This ETF in particular tracks the TOP 500 US companies or what we call... the S&P 500 index.

Therefore, one usually buys this ETF as it is very difficult to outperform the S&P 500 every single year. This reduces your risk by diversifying away from picking individual stocks and at an extremely low cost.

During this economy turmoil due to inflation and high interest rates, I wanted to buy the top 500 companies, or a basket of stocks, without emotion, automatically.

That's when I really started using my SoFi investing app and set up the schedule to acquire $50 and then/now $60 per day into Vanguard's $VOO.

I began this journey on April 11, 2022 - TWO YEARS AGO!

Fast forward 525 days later of consistently and consecutively doing that... I couldn't be more happier that I did!

Check out the video and see what my investment looks like, the passive income I have earned/received already and what I plan to do with my Vanguard investing here on out.

You'll also find out if I am beating the S&P 500. You'll also find out if I have hit $50,000... what would be next... $100,000... $1,000,000? Who wants one million dollars invested?! You know I do.

Do you buy an ETF automatically? Are you buying a stock or other asset on a routine basis, taking the emotion out of investing? What is your favorite investment and would you buy it every day if you could?

Thanks for watching, let me know if you enjoyed this video, if it helps you and if you want to see more investing videos! Don't forget to subscribe, as well, to not miss a beat from me.

Small disclaimer: I am not a professional, not professional advice and please perform your own research!

#Investing #Money #PersonalFinance #StockMarket #PassiveIncome #FinancialFreedom#Dividends #DividendInvesting

[billyjohnson]

Lanny where were you 40 years ago when I needed you? I added a little VYM Friday I added heavy SCHD Friday.

[bossballheaddawg]

Buy splg lower expense ratio than voo, beats voo, and 62 dollars per share. You buy more shares and get better dividends over the long run cause more shares

[Colbycrab]

Love the trifecta you betcha Lanny. My only adjustment I’d consider making is doing $60 into VIG and $40 into VOO. Would fit your overall strategy better for the brokerage and you have plenty of S&P500 exposure in your retirement accounts where the overall price per share growth is more important. VIG is the one I invest in the most with my five-fecta of VIG, VYM, VOO, VB and VYMI.

[thalisw]

I only see the following recurring transfer options: weekly, biweekly and monthly. Do you do daily transfers manually?

[House_Of_Cards_]

I would love to do that but I am not allowed to buy fractional shares and the fees I will pay for each transaction would be around 12 dollars. So I have to save and buy once per month regardless of the price.

[emilybrowno]

Video Editing is too low 👎👎👎👎

Edit the video in a good style.

Add nice b-roll animation when you are speaking or explaining something. This will increase visualization.

Put proper subtitles, effects, transitions, and colors in the video.

Insert the B-Roll (footage and animation) very well because it is absolutely low in your video.

Do all this and then see how the video doesn't turn out good. 🥔

[leevillafane]

It's better than a poke in the eye with a sharp stick! Good work. Keep up the disciplined approach.

[thalisw]

I just opened mine. I can't afford 60/day but I will do 40 and see what happens in one year

[tompartyka]

Love that Voo!! Lanny
Also bought Splg, Schg and Schd

[jeddesselle]

Nice Job Lanny, you've been buying VYM even longer, curious how much your up on VYM?
Keep up the great content! 👍💰💰💰💰💰

[medicunderfire]

That would be 600$ on every paycheck I receive. Jesus, I’m far from being able to do so.

[dustinschupbach]

Lanny you are awesome bro! Love your energy 👍👍👍

[Jpsantos]

Do you like sofi? Can you show us the app

[levont.husser]

Nice. I have 229.855 shares of VOO. I dollar cost average too.

[davidfrank]

You better bet your ass you will keep going! LFG!

[Duke_of_Prunes]

80 to 90 percent of investors lose money, so I think VOO is a great opportunity for the majority of investors. Even people who are beating the S&P 500 usually do so by NOT having properly diversified accounts (definitely me).

[ConradFriedrichjz]

It seems certain stocks are undervalued, flying under the radar despite their potential. You can't help but wonder when the market will recognize their true worth. How can I invest $600K wisely to ensure our future security?

[rrd]

It would be a good strategy if we all had that disposable income... otherwise not too realistic.