S&P 500 ETF: How high can it go?
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 bullish year for SPY. The macro environment in 2022 such as the interest rate hike, acceleration on tapering of the bond buying program and shrinking of the global money supply are likely to pose a challenging environment to the SPY.
It has a resistance in the region of 470, it's historical high was 478.492 so million dollar question everybody has in mind: how high can it go?
Disclaimer: All facts and opinions presented are for educational purposes only. This is not a recommendation to buy or to sell.
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.
- Road1Warrior·2022-04-05I like to buy ETF but I feel that it hold a basket of stock and some of this stock well n some don't. it just a way to invest when u have money n no interest or time to manage the portfolio3Report
- MTjondro·2022-04-02From historical, average return of S&P500 is better than any stocks. And i think VOO is quite good3Report
- BurnellStella·2022-04-02It has to be said that ETFs are the most suitable for ordinary investors to invest in.2Report
- SXZX2026·2022-04-05Better than picking a wrong stock3Report
- BellaFaraday·2022-04-02A lot of stocks can't outperform SPY.2Report
- tentententen·2022-04-04as long as we can stomach part of the turbulence along the way3Report
- StingWolf·2022-04-06Yup, buy and forget3Report
- 叫我發先生·2022-04-06Huathuat, pls givee me a like3Report
- K734·2022-04-06Thanks for sharing3Report
- Yap0606·2022-04-06thanks for sharing😊3Report
- StarLuck·2022-04-03Yes $Tesla Motors(TSLA)$ can keep and hold for long term[Allin][Allin][Allin]3Report
- limnorth·2022-04-03Good way to start investing with.3Report
- PandoraHaggai·2022-04-02Yes, I believe every investor is familiar with SPDR S&P 500 ETF Trust.2Report
- CharlesW·2022-04-06Yes, even warren buffet has suggested to invest in s&p 5001Report
- Murph·2022-04-06as long as the money stays in the market, it has to go somewhere1Report
- OSJ·2022-04-06Seems like a bubble to me3Report
- tickletigger·2022-04-05indeed.. how high can it go???2Report
- yung kai·2022-04-05谢谢你的分享2Report
- mwhy·2022-04-05Definitely more room to grow soon2Report
- Michelle Ong·2022-04-05Like back thanks2Report