Great ariticle, would you like to share it?What exactly is the S&P 500?
@jayc:The S&P 500 Index is a stock Index of 500 publicly traded companies in the United States. The stock index is created and maintained by Standard & Poor's. All companies covered by the S&P 500 are listed on major U.S. exchanges, such as the New York Stock Exchange and Nasdaq. The S&P 500 contains more companies than the Dow, so risk is more diversified and reflects broader market changes. Top 10 S&P 500 holdings: Apple, Microsoft, Amazon, Facebook, ExxonMobil, Johnson & Johnson, Berkshire Hathaway, JPMORGAN Chase, ALPHABET INC A, ALPHABET INC C (Parent company of Google) Are these companies familiar? Most of them are fortune 500 companies. So by investing in the S&P 500, you're indirectly owning these great companies. The stocks that make up the S&P 500 index are selected by a committee that changes stocks. Its stock market is so representative that it shows the ups and downs of the U.S. economy. The S&P 500 is up 983% over the past 30 years, a compound annual gain of 7.9%. So whenever you invest in the S&P 500 and hold it for a long time, you far outperform most investors.
What exactly is the S&P 500?Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.