Which ETF will make you a millionaire? SPY or SPLG ETF REVIEW

Which ETF will make you a millionaire? SPY vs SPLG ETF review in today's video as Mo shows you just how important it is to start saving now!
(Recorded August 10, 2022)
#spyetf #savingforretirement #splg
0:00 Invest in low-cost ETFs
0:33 Are SPY and SPLG the same?
2:21 ETF Options trading
3:35 What can these ETFs do for your retirement?
5:23 It’s not too late to start saving!
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Here at Everything Money, we are here to teach you a process. This process could be for value investing, trading, real estate investing, building a business, and more. We want to teach you the right mindset to succeed in your investments, your work, or in your personal life.
Though this channel encompasses Everything Money, one focuses is value investing. Paul will teach you a value investing process and plenty of investing strategies that will help you to become a better investor and have success in the long run, including how to improve your retirement saving. Here at Everything Money, we focus on fundamentals such as PE ratio, revenue and profit growth, debt levels, and free cash flow growth. Using the Everything Money 8 Pillars, we screen stock fundamentals to see if the company looks interesting or if we should just move on. If the company looks interesting, we then use our Stock Analyzer Tool to determine, based on growth assumptions, what price we want to pay for the stock. Value investing is all about buying great companies at good prices and not overpaying for growth. Note: these tools are all available on our Everything Money software.
Trader Mo focuses on videos that cover stock trading. From day trading and swing trading in the short run to long term trading over days, weeks, or months, he has plenty of trading strategies and terminology to learn in order to become a better stock trader. Some of these important terms include volume, candlesticks, moving averages, support and resistance. Like with our value investing videos, we want to teach you a process that can make you a better trader.
Paul, Mo, and Seth are passionate about teaching and helping you learn, be it investing or trading, learning more about the stock market and the economy including earnings reactions as soon as they release, or general mindset to help improve your business, your brand, or even your relationships. Watch our videos to learn something new and follow a process toward financial freedom!

[@charlottebecker3631]

According to Elon Musk", Since I’ve been asked a lot: I will always advise, we buy stock in several companies that make products & services that you believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term.

[@eleanorarthur2651]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless

[@hannahbradley1584]

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading

[@richardwalker7574]

May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well

[@oliviablake2442]

What i think you need is a Financial Adviser, who can help you get in and out of any stock you buy at any time and you'd sure be in Profit

[@erichayes8477]

Who would you recommend?

[@Williams093]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@Lourd-Bab]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Williams093]

@@Lourd-Bab However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

[@Lourd-Bab]

@@Williams093 Oh please I’d love that. Thanks!

[@Williams093]

@@Lourd-Bab Judith Ann peace is her name

[@Williams093]

Lookup with her name on the webpage.

[@dennisstrand5566]

Expense in SPY is 0.09 SPLG is 0.02

[@chad5199]

awsome video!! cheers!🙌🙌

[@kentgantjr187]

I needed you as my teacher at my school back in the day then. lol

[@yosikimhi]

great video, thanks!

[@uniquegod7878]

Awesome video mo 🍻

[@MountainManFred]

I believe the options are "daily" on the SPY's vs monthly on SPLG.. In any event...good info.. Thanks!

[@GerardoGarcia-kj9qf]

Can you do a comparison between voo or spy vs vuaa or and etf that reinvest dividends please thanks in advance and great content keep up the good work.

[@paolofroiio]

Doing exactly the same for my little one and she is only 11months old. Started with 3000usd lump sum deposit when she was 4weeks old. Trying to fully utilise the power of compounding interest 😅

[@ARod73]

I did the same. I want to give my only kiddo the life I never had. Just have to teach her to save save and save.

[@evanhiggins7298]

I found out splg last year and have been dollar cost averaging it

[@tomaalex8827]

Some toughts on VTI, please

[@eduardoamezcuaea7919]

Can you compare it to XLK?

[@napfreedom2153]

Dcaing into splg for my son, he's 13 ❤

[@Edwingutierrez713]

Nice video, aside from the options portion. You’re not comparing the correct strike prices in terms of percentages

[@Basic-Reviews]

Long SCHD & JEPI couldn’t be happier.

[@petervigna3579]

Thanks

[@eTexperience]

Do a video on SCHD

[@djholland5324]

Fnilx and fzrox too 🚀

[@ljrockstar69]

What about SPYG? Is this better than SPY?

[@DivvyChick]

Would you recommend having SPLG in an individual brokerage account or ROTH?

[@inquisitvem6723]

Individual due to tax advantages.

[@olivergeoffreyblakely7623]

What about increase in annual savings? 5% that 1200 changes over 30+ years

[@longterminvestmentsonly4817]

Splg is the exact mirror orlf voo too. I started in splg for me and my kids 9yrs ago

[@sethwingate883]

How’s it going?

[@user-ju9fv2om6o]

Moved from spy to splg .

[@miguelteran-raful2718]

How bout QQQ?

[@aJ.13]

If person works hard, saves money, puts money into etf and do DCA, he will give millions of dollars when he’s 100, when will the person who invest will enjoy, after 100? You should stop at 65, don’t show 100. The guy who invest should also be able to enjoy his investments, not invest, die and give money to next generation. Think 💭

[@davidroussell5118]

Why no review of Vanguard's VOO or VYM?

[@02nupe]

same difference

[@JAKE-dg4lj]

I was looking for a brokerage to open a custodial account, I have been with ETrade for 20 years. Unfortunately they don’t offer them. Who would you recommend? I don’t feel like opening multiple accounts with other brokers and testing them out.

[@muizomoniyi8839]

I use TD Ameritrade

[@JAKE-dg4lj]

@@muizomoniyi8839 Thank you. I am thinking of opening one with fidelity, for a child is the best one from what can research. You can buy fractional shares.

[@brandonhooper7748]

I opened custodial accounts. This might be nice. Thanks!

[@brandonhooper7748]

i'm back 5mo later to rewatch thanks mo

[@brianwest7344]

or just buy top ten or twenty in sp500 and pay no fees?

[@toromontana8290]

I doubt the next 100 years will be as profitable as the last 100, but I certainly prefer being invested than holding cash or blowing it on stupid crap.

[@InverseMyInvestmentAdvice]

Just stick with $SCHD

[@Nateorade_]

Need more than just that.

[@djnohands3632]

Would it be a better idea to invest in VTI as opposed to VOO? Lets say I want to put $500 each month?

[@jessewallace12able]

I do VTI in a Roth. $500/month.

[@littlebob1261]

SCHD

[@RGTomoenage11]

If they are the same what makes a difference if I invest in the cheaper one over the other one for long term investment?

[@EverythingMoney]

The only difference is cost per share. If you are dollar cost averaging each month than SPLG might be better. But if you are investing in SPY and selling covered call options then you would be better with SPY.

[@RGTomoenage11]

@@EverythingMoney no options for me. Just dollar cost averaging every time I’m paid. Thank you 🙏

[@wai2011]

@@EverythingMoney Is it easier to sell shares of SPY than SPLG when retire since SPY has more assets and liquid ...?

[@cleopas_michael0]

Splg

[@RGTomoenage11]

Found it!

[@sellbythebell]

If I'm looking to buy spy or splg, it is for long term retirement. So I'm not looking to do any trading with that stock. I can't afford 100 shares of spy to start doing covered calls, so that isn't an option to consider. So the only difference is 1/3rd the expense ratio with splg? If I am only dca'ing why would I not do it at a cheap price and lower expense? SPLG seems to be the winner, no? Is it advantageous to also hold other SPDR ETFs such as XLR and XLE?

[@diogoforte5481]

The way you are comparing the options does not seem very fair or accurate. Current price 419, strike price 450 -> that's a 7.4% increase Current price 49.23, strike price 57 -> that's a 15.8% increase Plus you are also not considering the size of the premium in proportion to the price of the etf Current price 419, premium of 1 -> that's 0.24% return For that same return, the premium for the Current Price 49.23 would be 0.12 Love your videos but there was clearly an over simplification here :D

[@jesserichard5953]

Great video, I really appreciate you guys. As of last week, I count on $2000, what do you suggest I should invest in?

[@nanaferguson1351]

it's all about finding the right moment to take advantage of and generate colossal profit, which is why you need to do research, before investing.

[@gregmunsey7272]

I am a beneficial of Ms Tamara's investment, I have built my portfolio massively and am still building to enable me stay afloat in this world wide recession.

[@jamesmattew8436]

her good works already speaks for her last week i invested and got $8,400 and that’s just in few days after i started.

[@lukecombz7074]

Wow! Nice meeting people who also trades with her. Couldn't believe myself until got my profit of $11,000 with an initial startup amount.

[@oliverjackson160]

Same here, started with $500 now earning $12,700 bi-weekly profits with her awesome skills. Her strategies are second to none and highly profitable.

[@markburton9614]

Over time and when dividends are considered SCHD beats SPY. SPY only wins of you're selling covered calls.

[@rfreyes87]

Get both!

[@EzraWildes]

Obviously great advice and not arguing with ur general premise here. But, if you are increasing the savings from $3,000 by 5% every year then by year 65 this will mean that u aren’t just putting away $3,000 into savings for your kid but $71,519 per year. That’s a lot of money. Am I missing something here?

[@TheQuickyouknow]

It's a valid point, but if you look at the table again it assumes he stops contributing at the age of 65. The last year's contributions was $56k, which is high, but not unreasonable depending on your career path. It's probably best to assume a lower growth rate in case the son doesn't go into a high paying field. Honestly 0.5% probably makes more sense because he's starting so young.

[@jeremybeal23]

Exactly what I was thinking.

[@unomas7429]

I like how the calculator does not take into account market downturns.

[@toromontana8290]

It does. The S&P500 returned 10% over 100 years with downturns. Personally, I doubt it's going to keep having those returns for the next 100, but it will almost certainly be better than holding cash, which Uncle Sam will just devalue from inflation.

[@unomas7429]

@@toromontana8290 exactly you said it your self, over 100 years (average value). How does the work for the smart person that waits to save way late in life? I am not saying I don't like the tool, I am just saying maybe say, this is a possible outcome for tour retirement. Could be higher or could be lower.

[@toromontana8290]

@@unomas7429 The shorter your time frame the less reliable it is.

[@unomas7429]

@@toromontana8290 there you go, now you git it!

[@toromontana8290]

@@unomas7429 Honestly, with this overpriced market, the only way to make any real money is stock picking or some kind of factor investing where you make your own value ETF.

[@tpsu129]

You went too far out for the SPLG option chain. The price of SPY is about 8.73x that of SPLG. So the equivalent of $450 strike price is about $51.50, not $57.

[@romianm]

So how do I setup this account in my kids name? Or is that not important? I use SoFi Bank.

[@MrHEMMA56]

Not important. You can just make an account and give will it to them when you pass or just go through transfers to a custodial account, there are a lot of ways to transfer your shares over to them

[@nassimabed]

When you look at the returns over the past 100 years and say "no reason why this will change" I immediately remember Ray Dalio's Big Cycle and his last book and think "100 years is not so long term in the big cycle and there are many reasons to suspect that 9.9% will change". That's why I diversify my ETF strategy and distribute across various major economies - not just the US - based on macro assessments (Dalio's model and numbers).

[@nassimabed]

@@Blast6926 If you read Ray Dalio's The Changing World Order, you will develop a good perspective on these matters. Anyway, a good geographically diversified ETF is not focused on any one unstable country or iffy economy, of course.

[@riverdogsavioroftheunivers978]

Dahlio is way wrong about China..... it's currently proving out how wrong

[@flashpadxxx]

There also some risks in ETFs.. I would only choose a physical ETf and not a synthetic one... Also I would watch that the ETF doesn't have Counterparties Risks that means the he isn't lending portfolio securities to borrowers... Also me personally I invest into an ALL Country ETF + World Small Cap Etf so I'm more versified than only US... My Portfolio is 50% ETF (these 2) and 50% Single Stocks

[@foodguy3435]

For me it’s VT and chill.

[@jamescollins3130]

One million dollars will not be the same in 40 years

[@lordbartosz9416]

wow first time i heard of SPLG i think that I will go with that till i hit 100 shares worth of spy so i can do covered options

[@danwagner196]

I mean this comparison is kinda of dumb as it’s probably not comparable, most of our parents didn’t give us 3,000$ a year when we were 5 up until we are 21

[@CC-kl4nh]

Was hearing all about NVDA but it was too expensive. Found SPLG. Kind of higher today than yesterday. But I decided buy in with all the AI news.wish I had more money to invest.

[@Lycan3303]

Voo and SPHD for me

[@FinancialToolBuilder]

Seriously ???? What it this analysis ? You are losing a lot of credibility here.... If that was true, this would be an insane arbitrage opportunity. But looking at percentages instead the absolute values (though spread is higher on SPLG), it seems that options are valued at about the same ratio. Which mean SPLG is better since you could start selling option with a lower capital...

[@njtrukitfukit9650]

Voo and chill

[@Brandon-gs2ot]

Question why don’t do just put money in a mutual fund that tracks an index? I have a Roth with Charles Schwab and every month I buy $500 of SWPPX. Since it’s a mutual fund and not an ETF I’m able to get fractional shares so the stock price means nothing. Also it has a way cheaper expensive ratio than any of these ETFs

[@davidroussell5118]

Mutual funds come with a lot of fees that eat into your profits over the years. ETF's aren't actively managed by an advisor. So the fees are much cheaper but just as stable as a mutual fund! Over the years you'll pay a lot of money in fees that aren't required in an ETF.

[@Brandon-gs2ot]

@@davidroussell5118 but it annual operating expenses is 0.02% which is cheaper than most ETFs, am I missing something?

[@alexfinancedicenoalgodinat76]

I'm a huge fan of splg

[@Truck--kun]

What about total market? SCHB is total market for about the same price and expense ratio. Would either be fine?

[@rfreyes87]

I got both! I have SPLG/SCHD/SCHG/SCHX/SCHB/SCHP/FENY/BAC. All spread equally!

[@eric846]

What about a 2x etf for something like this?

[@asfsdgsdvsv]

Upro

[@shanepearson9411]

Charles Schwab Schd ?

[@robb5270]

I’m confused. A recent video Paul said tesla splitting stock was all a a marketing ploy and had no other value. Now you are telling me there is a value in buying SPLG at a cheaper price per share then SPY? Seems like you guys are contradicting each other. Obviously there is a pretty basic reason why a lower share price can help. If you don’t have fractional shares or want to participate in options without an amount that is more then average investor has or wants to allocate….again another example of the tesla bias on this channel….let’s always be negative with tesla…

[@toromontana8290]

Ugh, stock splits are useless. This isn't a stock split. SPLG and SPY are two different financial instruments with (slightly) different fundamentals.

[@robb5270]

@@toromontana8290 ugh, first off you are uneducated and stocks splits are not useless. Again as said in previous comment that you seem incapable of understanding they make it more affordable for average investor who doesn’t have fractional shares or wants to do options. It also allows companies to be able to do stock compensation. If you want to give person making 50k a year a bonus and you stock is over 4K that doesn’t allow you to give him stock if you wanted to give him a 2k bonus….but again you seem incapable of comprehending. Producer Literally gave the question that on stock is 411 and the other is 48 and didn’t want to put 400+ in his sons. Are they the same. That right their shows why a stock split matters genius

[@the_walrus67]

VWRA and VUAA for me because as a non US person and not living in the US it’s more tax efficient to use an Ireland domiciled ETF.

[@anibalnegrete4339]

What about SCHB stock? I use that stock as a diversified US stocks. Is SCHB better or no?

[@Balance3rd]

SCHB is an individual company

[@robb5270]

It just includes 2,000 more companies. Who knows if it will be better or not. Depends if the largest companies are allowed and keep getting bigger or if govt restricts some of these larger companies and enables the smaller ones to grow. They are both diversified. Just SCHB is more as it has too 2,500 instead of top 500

[@robb5270]

@@Balance3rd bot it’s not, it’s an etf

[@74shocky]

what about the qqq or Nasdaq what are your opinions

[@ReconPro]

Second!

[@JayKay9112000]

The Acquirer’s Multiple author Tobias Carlisle has an ETF with the ticker ZIG

[@drivingintoronto311]

The comparison he makes for options prices is idiotic. Of course SPY gives you more premiums, the stock is several times more expensive. In order to get that 70 cent premium, you need to own 41,900 worth of stock. To get that 1 cent premium, you only need to own 4,923 worth of stock. Also, he picks a strike price for SPY that is about 8% higher than the current price, but he picks a strike price for SPLG that is over 15% higher than the current share price. Of course the option that is more out of the money is going to give you lower premium. When you account for share price and strike price, both options will pay roughly the same amount of premium. Otherwise there is an arbitrage opportunity. I'm not a day trader so I don't listen to Mo, but if this is the type of guidance he's giving, I would hesitate to trust anything he says.

[@robd1859]

It's sad that you only profit about 10% average per year because unless you're in the very very upper middle class. You're not going to be able to see 10 or 20 million dollars unless you're 80 or 90 years old and you've had it in there since you were five years old. It just takes too long to make profit when you're only making 10% profit unless you're like already making a few hundred thousand dollars a year from your job

[@tockpro105]

SPLG = 14.58 Billion under management! SPY = 373.18 Billion under management! For me its all about expense ratio and SPLG is the clear winner....

[@antilogism]

FXAIX has an expense ratio of 0.015% or half that of SPLG but it's not an ETF.

[@martinbanks7194]

Now it's 23 billion under splg.imagine after 5 years

[@marieb7251]

What do you do if you're almost 60?

[@LogannCD]

get rich and be happier at 70

[@rlg222]

That's awesome! Guys like me are screwed....

[@1KlNG]

Hit Me Up for investment tips and guidelines ⬆️

[@nickwlvnv]

I've been buying SPLG in my daughters custodial account w/E-Trade as they don't offer fractional shares. Love it.

[@zeemann8071]

Last 10+ yr High to low $40 -- so I am assuming this this etf will be $90 next 10yrs

[@IndexInvestingWithCole]

That is incredibly unlikely

[@zeemann8071]

what happen if the etf tank to $10 a share -- do the math then

[@BordersLOL]

Third?!

[@richm34]

Thanks for sharing! VOO has the same goals, has a slightly better return over 10 years, and expense ratio is 3 bps vs 9 bps for SPY. Might not seem like a lot, but it equates into thousands of $$$ over 30 years.

[@yugarithen4342]

I like Vanguard Total Stock Market VTI for covering the entire domestic stocks. Not just the 500 stocks. VTI for more diversification.

[@kevinlue4756]

With VTI you add in all the crap stocks, IPOs and Spacs that don't make any profits. At least with VOO or SPY you are filtering out a lot of that crap and getting the 500 best companies.

[@yugarithen4342]

@@kevinlue4756 with VTI you will own large/Small/ Mid stocks. Not all 500 stocks are the best.The first 10 largest companies are controlling the S&P 500. So you will own crap companies in the S&P too.

[@yugarithen4342]

I own S&P 500 in my 401k

[@nowwhat544]

what is the major difference between spy and splg, just looking at it they look same except cost.

[@Balance3rd]

I covered it at the beginning of the video

[@elvisherrera960]

I'm not sure if I'll even have kids to pass on to most likely it will be to my immediate family and 25% to my main sugar baby at the time.

[@jessecuster4662]

VUSA ❤️

[@hipanderos8861]

Nasdaq 100.

[@austinluepkes5484]

Swppx from Schwab you can set it up on auto investing with a fixed amount since it’s a mutual fund. And it’s still low cost.

[@emg00]

All in SOXL thank me in 5 years 🥵

[@DrHughMonguscoque]

SPLG vs SPY isnt really fair... Id put up SPLG vs SCHG. Thats more apples to apples to me. Or am I an idiot🤷🏾‍♂️

[@persieprince9345]

No you wrong you are confusing splg with spyg ,so splg is a normal sp 500 like spy just cheaper ,spyg is the growth version that you can compare it to other growth funds like schg rpg vug

[@DrHughMonguscoque]

@@persieprince9345 You are correct, my mistake.

[@TheRealChirpy]

Why’s this day trader talking about Warren Buffet?

[@dianetrevon1953]

[@dianetrevon1953]

@Goran47. VIA TE LE GRAM………….🇲🇾

[@popoy6985]

so this guy didnt answer the topic, zzz

[@XMRshark]

What about VOO & IVV?

[@toddmullis8051]

FZROX on fidelity has 0 fees . Can’t beat it