Hi all, I have been trading for >10 years. Currently make an OK side income from trading, not close to my main income but still decent cash. I am actually looking to dump profits every month into a low cost SP500 or similar ETF/mutual fund. Would it be a good idea? Personally I am not comfortable with compounding as I have reached my comfort zone on risk per trade. Alternatively, I can hold it in cash and adapt psychologically with a larger cash account.
VTSAX in margin account is a great idea. You can borrow against it any time you need. in the meantime it grows as the market does.
I believe that putting funds in VTSAX would be a good idea based on the performance of the stock in recent times.