Thoughts on $VXX long term etf?

Hey traders, Still relatively new to the game (college student so not much capital either) and have been trading short term but I eventually want an S&P 500 type ETF to hold for long term. Can someone help me with why the this one seems to do so poorly on the charts? Does it split a lot ? What is going on?

Or should I continue growing my account to save for $VTV or $VOO? I'm pretty familiar with Vanguard's reputation from my finance classes.

TLDR: is $VXX managed by shitty people or not. Or just go for vanguard ? Pls help a noob long term

Submitted July 15, 2017 at 12:07PM by boulder_of_the_year
via http://ift.tt/2t2vn0d

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s