I currently have around 135k in VOO. This is after the market dip recently.
Currently I'm contributing $1,000 a month into VOO. I did some basic research and found that I can't calculate my returns using compound interest (5% annually) as a base, since VOO doesn't technically compound.
Is this correct?
If so, contributing 12k a year into VOO, how would I calculate my return? Just use the 5% return rate and multiply it up annually?
Lastly, would you guys still recommend going mostly into VOO for the next 15 plus years?
Thanks everyone.