Wary of Cryptos - Own SPDR S&P 500 ETF Trust
Are you not sure if cryptos are for you? Consider owning the SPDR S&P 500 ETF Trust (SPY) that tracts the 500 largest U.S. companies. Owing SPY for the long term is a bet on the U.S. economy, which despite short-term ups and downs, has been in a long-term upside for decades.
See Long-term Stock Index Investing: Own the S&P 500 to Track Large U.S. Companies for more details.
|SPDR S&P 500 ETF Trust|
Name & Return
|SPDR S&P 500 ETF Trust||SPY|
To inspect the performance of SPY, see the chart below. Portfolio values are computed using monthly closes for ETFs from Alpha Vantage.The current value of a $10,000 investment is $16,893. The percent return is 68.93%. The annualized return is 11.06%.
Posted July 19, 2022