Why Starting with the SPDR S&P 500 ETF Trust Can Secure Your Investment Journey
Why invest in an index fund?
First, let's talk about why it's a great idea to invest in an index fund. When you buy shares of such a fund, you immediately gain exposure to a number of industry leading stocks, offering diversification.
Big positions in today's top performers
The SPDR S&P 500 ETF's big positions in today's top-performing stocks offer the opportunity to benefit from all of them. For example, the fund's largest positions include the stocks known as the 'Magnificent Seven,' players that have led the index higher.
The S&P 500 is an ideal index to track because it consistently scores a win for investors over time. Buying shares of the SPDR S&P 500 ETF is a great initial move as it builds a solid foundation for your path to financial freedom.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.