SPMO
Invesco S&P 500 Momentum ETF
stock NYSE ETF

I feel like people in this sub want to invest and forget. I feel like we should be doing so annual due-diligence and rebalance when warranted.
Personally I would go QQQM and SPMO or SMH and SPMO, but that’s just me. I’ll probably get downvoted to hell for saying that, but I do tend to he an aggressive growth investor. Not ‘Wall-street Bets’ level - but ‘conservatively aggressive’.

Open a Roth IRA and put it all in at once. If the market was declining at the moment and has been for a while I would say do it in phases but since it's hot do it now before it's even higher.
That said check out SCHG, SPMO also. They are killer ETFs that are much cheaper but are out performing VOO and hats been for a while now.

You might be able to turn it into a Roth or Traditional IRA (check with the institution that currently holds it). Then you could invest in whatever you like.
Common (safer) growth investments: \[**SPY/VOO, QQQ, SCHG, SPMO**\]
Common (decent) income investments: \[**QQQI, IAUI, BTCI, GPIQ**\] (Check r/dividends for more ideas)

Why SCHG and SPMO?
Just pick one. Or not and just buy whatever

Check SPMO

Of course. basically any mix of broad ETFs like that is a safe bet. With a windfall like that I would first probably consult a financial advisor, especially because the term "windfall" to me means tax implications before you do anything else. I don't recommend that you take advice on here as gospel. Who you *can* take advice from is Warren Buffet and John Bogle, both of whom basically recommended that the average investor do a simple broad market ETF structure with some bonds regardless of time horizon - the bogglehead subreddit and a 3 fund portfolio are for you imo if you're afraid and overthinking your allocations. (To summarize, the 3 fund is a mix of VTI 70%, 20% VXUS, 10% bonds - these percentages vary by age, time horizon, and faith in US outperformance)
My main anecdotal advice is don't make it complicated. I spend hours earlier this year trying to determine the optimal risk-adjusted allocation for roughly the same amount, and you know what? I made a lot less money than I would have just not messing with it at all lol. At $350k, you've *already won* the game. You have a ton of capital available, all you need to do is just let it sit and let compounding interest do the rest.
For disclosure, I personally do 45% VT, 35% SPMO, 10% individual stocks that I like and crypto, 10% bonds (this is ultimately just a different flavor of the 3 fund portfolio - 100% VT actually directly equates to about 65/35 VTI/VXUS - I just really like SPMO and use it to outweigh SP500 winners).

Get SPMO

Nah. This is bad. Why not just stick with VOO and IDMO? You don't need SPMO. Overlap there.

Depends how much you have, I assume not enough yet for compounding interest to really kick in (100k is the first threshold). However, keep in mind that consistent growth very quickly outpaces betting small amounts on potential 10x moonshots. I don’t think you’re going to be able to identify the next apple or nvidia early, and if you do it probably won’t be a high enough percentage to matter (and obviously if you don’t, you just wasted capital for no reason).
You’re young, so basically any sound strategy is going to work out unless you’re dumb with it. The issue is that I don’t think you should necessarily equate risk with more gains. Your core position should always be a solid broad market ETF (at least 50-90%). VTI fills this role well for a long time horizon. VT is even better for high diversity with a time horizon of 30-60 years.
I wouldn’t recommend doing riskier sector or focused ETFs unless you plan to pull from them within the next 5-15 years (which I think is totally reasonable at your age looking to later make big purchases at 30). In that case, allocating a percentage to SCHG (mega caps), SMH (semiconductors), QTUM (quantum), or like VGT (tech) or a mix of these is a good idea. Valuations are high now but US tech isn’t going anywhere or underperforming soon.
Personally, I do mostly VT but threw in a large percentage into SPMO. I like SPMO simply because the overwhelming majority of the SP500s gains comes from the top performers and this ETF does a good job of cutting out the noise. I too was looking at SCHG but I didn’t love its strict focus on mega caps. I have some SMH too but am looking to sell it soon for this years gains.

FBCG SPMO SPHQ

Index funds like VTI, VOO, VXUS, VT are for core positions in your portfolio. It’s prudent to hold a majority of your portfolio in these index funds.
SCHG, SPMO, QQQ/QQQM, etc. are for the aggressive growth position in your portfolio. How much you put here depends on your situation and risk tolerance. I would not put 95% here.

SCHG,SPMO,IVES
If you want income then OMAH

buy shares of SPMO instead

Sell it and put it all into SPMO

That's right I can't change my mind cause it's what goin down. I'm gonna invest a lump sum into 50%VOO 30%SPMO 20%IDMO.

I prefer SPMO

I own XLK, SPYG, SCHG, and SPMO. Tons of overlap but my portfolio has been happy.

I also agree you need to be much more conservative, especially if this is your only money for retirement. you need to balance the growth potential with protection against a crash that might take a decade to recover.
someone your age has an expected retirement date of around 2035-2040 so the typical recommendation would be about 30-35% bonds and the rest in stocks. see here: https://investor.vanguard.com/investment-products/mutual-funds/profile/vtthx#portfolio-composition or here:
with ETFs, a typical recommendation would be something like 20% BIV or CGCP; 10% SCHP; 50% ACWV (a global "low volatility" ETF); 10% SCHD or CGDV; and 10% SPMO. This type of portfolio is a better balance of growth and stability for someone who plans on retiring in a decade or so.
I would recommend you look at things like ACWV, a "low volatility" ETF that's less likely to have major crashes.
>they seem to have some of the higher returns in the last 3-5 years
this is a common error, known as "recency bias". it's a mistake to assume the last few years predict the next few years for investing.
I made some charts to illustrate the point. this is real data, from real mutual funds.
the first chart shows 1989 to 2000 https://imgur.com/a/s-p-500-1989-to-2000-atg1a3Q The best performer was VFINX (the S&P 500), followed by NAESX (smaller US companies), VTRIX (international) and TPINX (bonds).
the second chart shows 2000 to 2012, and bonds were the best performer, followed by small US stocks, international stocks and the S&P 500 was dead last. https://imgur.com/a/s-p-500-2000-to-2012-XXkJTOx
>Prefer to lean towards more tech heavy ETF's for better short-term returns
we don't know for 100% certain what will perform best in the next 10 years.
it could be tech, or it could be energy stocks, consumer staples, finance or real estate. it could be bonds.

No problem, drop it all into SPMO now:
https://preview.redd.it/3vv7deqtc7rf1.png?width=412&format=png&auto=webp&s=7dc47ecf1034bb5d32e39b7552af08264fed23f9

SPYG or SCHG are fine. They are a little heavy on the tech sector. If you want a large cap growth ETF with less tech, you might look at SPMO or CGGR.