The 7 Best Index Funds Of 2024 (High Growth)

[@DannySully]

Which growth index funds are your favorite? - Enjoy! Don't forget to use code "DANNYSULLY20" to get 20% off your first purchase using the link below! www.magicmind.com/DANNYSULLY20

[@mikellock]

I thought the VGT equal on Fidelity was FTEC

[@DannySully]

Correct they are very similar. Personal choice, I prefer VGT. It would be interesting to compare all the data between them though. Thanks for adding this!

[@user-hn9qg5qm3o]

I have built a portfolio of just mutual funds. Do I need ETFs in there too? What's the difference?

[@DannySully]

Hey great question! I would highly recommend to have ETFs for at least normal taxable accounts. ETFs give you more control over your taxes. To see the differences more I created an entire video on it i'll link here for you. Hope this helps you out! kzbin.info/www/bejne/lYDdkJ9pfLarnrcsi=86iKXcAIWqfr-4f7

[@garyschmelzer]

What’s good for a 55-year-old?

[@De1u1u]

Wait for the expense to hold these do we usually pay with our cash or pay the expense with our dividends?

[@DannySully]

Hey great question! The funds will automatically factor in the expense throughout the year. You do not need to pay separately or anything like that! Thanks for watching my content!

[@De1u1u]

@@DannySully oh! Thank you so much for replying and you're also welcomeee

[@amerdelic8710]

What website tells you the overlaps?

[@DannySully]

I have it linked in the description! ETF Overlap Tool 👉 www.etfrc.com/funds/overlap.php

[@amerdelic8710]

@@DannySully Thank you. Quick question while I have your attention. How can I diversify QQQ and VOO/VTI? THey have 45% and 40% overlap and they make up 80% of my portfolio. The other 20% has no overlap with either.

[@sanaryal7709]

Hi Danny. your videos are awesome. I have a question regarding VOO Vs AOA in long term. AOA has better divedends and slightly higher expense ratio. but consists of etfs with international markets and bonds inside of it with large portion of snp500. which one would you recommend?

[@DaleNorenberg]

Same approach though buy low sell high, even though it's an index fund?

[@DannySully]

My approach is more so buy and hold long with index funds. Ideally 5-10 years plus in case of economic turmoil and long term gains too.

[@deborahlewis9945]

Im buying 200 of fxaix monthly, should i just do the combo etf you suggest

[@DannySully]

I can not tell you what to do, but if it were in a taxable account, I personally would for sure get an ETF!

[@lunarribbon917]

Hi Danny, thanks for the clear and concise information! Knowledge is power, and wise investment choices lead to financial independence and a secure future for you and your loved ones. It's so nice that you're starting out so young. When you're not in crippling debt, life is so much better.

[@DannySully]

Hey thank you so much for your kind words! I'm glad to be exposed to the benefits and love learning more and more about new things, thanks for your comment here :)

[@briag___]

I’m just starting out at 30 so a lot of this is new to me, but I have been purchasing some VOO when I can. This is a really stupid question, but what happens when you want to “cash out” in…let’s say 15 years? How do you do that? Also, for now do I have to learn how to trade or can I just continue purchasing until retirement?

[@DannySully]

Hey great question! This also depends on the account, if its a normal brokerage account you can investments and withdraw whenever you want (ideally want long term gains and to hold over time). Retirement accounts are typically 59.5 until you can withdraw without penalties. In regards to trading, purchasing over time and not worrying about the current market conditions and constant buying/selling is the best way to go in my opinion. This does not require much time or energy and historically the growth of the US economy over many years has done very well for people. Although this is not a get rich quick, it is a safe thing to be doing, and especially retirement investing like Roth IRA that is tax free at the end is a great thing to take advantage of (my opinion). Hope this helps! :)