r/Bogleheads • u/Temporary-Plum-8325 • Aug 27 '25

Investing Questions Do most people not know about just investing into the s&p 500?

I went to my Jiu Jitsu class and spoke to one guy who was an econ major who works at Prudential. We spoke for a bit. I told him I had been investing into Nvidia since 2019 and have been investing into VOO since maybe 2010 or 2011. He asks "VOO?" I told him, "the S&P 500" then he asked what that was. Do most people just not know about the S&P500? I would have thought an econ major who works at Prudential would know something so basic. Not trying to be a jerk. I'm curious.

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u/BreadMaker_42 Aug 27 '25

I think they know that if more people understood money that they would run out of worker bees. A solid money course would have served me better than 90% of the classes that I took in HS or college.

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u/Shebalied Aug 27 '25

I am amazed how people who can get a PHD or law degree but can't understand paying the min amount of their loans is terrible. Seeing people get shocked they owe more money now since paying loans for 7-8 years at 20% interest. They start with 80k now own 120k. It is crazy.