How many of you are long term holders of VTI? I started investing in 2018 (around the $180 mark) after reading one of Jack Bogle’s books. I literally have everything in VTI and so far my unrealized gains are coming in at 57.4%.
The one quote from Jack Bogle that keeps me going is “Don’t look for the needle in the haystack. Buy the haystack!”.
However, there is one quote from Warren Buffet that keeps me on edge “If something seems too good to be true, then it most likely is”.
A 57% return seems too good to be true, but it plays well into all the studies around consistent investment into index funds without micromanaging your portfolio.
Should I ever cash out and pour it into something else or just stick to the plan and keep going?
Thoughts?
https://i.redd.it/w099w7eqbvbg1.jpeg
Posted by AgentBumscrub
5 Comments
Use log scales for duration 10+ years
Just from context and styles, I don’t personally think that Buffet quote is gonna apply to a broad ETF like VTI. More likely it’ll apply to individual stocks that seem perfect on paper but are a polished turd. Your current gain isn’t a red flag, it’s a reward for your patience and conviction.
I think a small mindset shift helps, while 57% seems amazing, especially as there are some people who leave their money in savings accounts, think about how much more expensive everything has gotten in the past 7-8 years. You’re just staying a little bit in front of that.
700k, been investing for 9 years, I’m 100% VTI and FZROX, it’s treated me quite well.
The best option, as always been, is just to stay in the market. Being rationale and cautious is a very bad choice in the current market environment.