The SP500 can be your ticket to financial freedom
Let me explain:
Let me explain:
•The SP500 is an index is made up of 500 of the leading companies in America
The index dates back to 1957 and is considered a benchmark for the US stock market
The index dates back to 1957 and is considered a benchmark for the US stock market
•When you invest in the SP500 you get exposure to some of the biggest companies in the world
Such as
$AAPL 7.00%
$MSFT 6.53%
$AMZN 3.21%
$NVDA 2.99%
$GOOGL 2.16%
$TSLA 1.92%
$META 1.86%
$GOOG 1.85%
$BRK.B 1.78%
$XOM 1.31%
Such as
$AAPL 7.00%
$MSFT 6.53%
$AMZN 3.21%
$NVDA 2.99%
$GOOGL 2.16%
$TSLA 1.92%
$META 1.86%
$GOOG 1.85%
$BRK.B 1.78%
$XOM 1.31%
•The SP500 is a market cap weighted index. This means that the bigger companies will rise to the top and have a higher weighting in the index
•The SP500 has a historic return of right around 10%
This means that on average your money will double in the SP500 every 7 years
This means that on average your money will double in the SP500 every 7 years
•This chart shows the average return per year of the SP500
There is more green than red but plenty of volatility in the long run
There is more green than red but plenty of volatility in the long run
•If you invested $10,000 on October 24th, 2003
You would have
$59,009 with dividends reinvested
$48,109 without dividends reinvested
You would have
$59,009 with dividends reinvested
$48,109 without dividends reinvested
•During the 2020 Berkshire Hathaway shareholder's meeting, Warren Buffett claimed that "for most people, the best thing to do is to own the S&P 500 index fund."
•How to invest in the SP500
2 of the most popular ETFs that track the SP500 are:
$VOO
$SPY
You can purchase shares in these ETFs on platforms such as Fidelidy, Vanguard, M1 finance, TD Ameritrade
2 of the most popular ETFs that track the SP500 are:
$VOO
$SPY
You can purchase shares in these ETFs on platforms such as Fidelidy, Vanguard, M1 finance, TD Ameritrade
•Remember
Time in the market is more important than timing the market.
I don’t know where the SP500 heads from here but I am not betting against many years of historical returns
Time in the market is more important than timing the market.
I don’t know where the SP500 heads from here but I am not betting against many years of historical returns
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1. Follow @HeroDividend
2. RT the top tweet
I help investors get rich then get off the grid one dividend at a time
👇🏻👇🏻
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