S&P 500 ETF: How high can it go?
@Melawati:
Index funds are popular with investors because they promise ownership of a wide variety of stocks, greater diversification and lower risk $SPDR S&P 500 ETF Trust(SPY)$is the granddaddy of ETFs and it's among the most popular ETFs. Just one trade of it exposes you to the hottest stocks like $Tesla Motors(TSLA)$, $Amazon.com(AMZN)$at much lower cost. Given how diversified it is, SPY is the ultimate "buy it and forget it" stock. Over the long term, it has returned about 10% a year on average including dividends paid out quarterly.IIt can be said that SPY stock is as safe as you can get in terms of investment. 2021 has been a bu