Investing in S&P 500
Oddly, I have not been exposed to S&P 500 yet.
I have no investment in this instrument though many invest in it for its relative stability in growth.
However, looking at the longer-term trend, it seems like now is a great time to put in a DCA plan for it. Of course, this is to be taken as a long-term investment for, say, 10-20 years.
The motivation for this post is from watching a video by humphrey on YouTube which explains what it is. I would say great video to learn something from.
Definitely, how S&P 500 works and what it is are something to learn as fundamental knowledge if anyone is into investing at all.
How can you say you are an investor when you don't know S&P 500?
Do you know S&P 500?
P/S: This is not financial advice, and please do your own due diligence before investing.
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True that... If yoy don't know S&P500 you've not been paying attention... Along with Nasdaq100...
On what platform are you doing your investments?? Kinda curious..
I don't think it's a bad investment at all since it has been going up for years now... With a slight drop as of lately... So a good buying in opportunity aswell.
I am trying to get on TD ameritrade.
Shot I'll give it a look!
It's just an index for the top 500 stocks and it's a good thing to choose if you want the average market. It's an easy way to do things without worrying about putting in the research.
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Don't invest in anything you don't know about. It could be very risky and there is a chance of looing everything.
First of all, we should have complete information about what we are thinking of investing. By the way I don't know much about stokes so I won't put money into it. But now everything is available at very low price be it crypto or whatever we can invest now and earn good profit in coming days.
Couldn't it be that it is a more important instrument / index for the USA, since it's represented by American companies? !LUV
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Given that USA is a super power, it has certain advantages over the others.
OK, but it's not because it's important for the US that it's important or well known in the rest of the world. Other places, other markets... !PIZZA
That’s what I thought but there is an understanding among the investors that S&P has its place in the financial market. For some good reasons.
I see. Keep on writing about these things! I'm eager to learn (or at least to pick up parts that will ring a bell if I hear or read about them later on... !PIZZA
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