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RE: Vanguard Total Stock Market ETF

in LeoFinance4 years ago

Well it's just a basket of stocks. If the market goes up, it also goes up. This ETFs tend to be ones where people just dollar cost average into because you don't want to pick individual stocks.

It also has a small position in GME which I am avoiding right now. Any swings might start tipping it in critical price ranges.

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Yea I just want to see what the fuss is about this stock, not going to go heavy i got crypto for that.

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small stock like GME is pretty irrelevant to an index fund like VTI

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I think GME was suppose to be 0.02% of the portfolio so yes it won't impact much. But with all the hype, I would prefer not to touch it at all. It's possible a drop in GME can affect some of the other indexes and if VTI happens to be on support, it might just fall on through (although unlikely).

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0.02% Gamestop goes to zero dollars. Would mean they are down 0.02%