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11 Best Investments in 2022 Part 18_#shorts
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11 Best Investments in 2022 Part 18 – S&P 500 index funds
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States.
Standard & Poor's Financial Services, LLC. is a subsidiary of the McGraw-Hill Companies, and they are one of the largest financial service companies in the world. They were established back in 1860 by Henry Varnum Poor. Originally, they published the Henry Varnum Poor of History of Railroads and Canals in the United States.
Standard Statistics Co. and Poor's Publishing Co. merge to form Standard & Poor's. 1957 The S&P 500, the world's most tracked index, is introduced. It is the first computer-generated stock index.
Due to the simplicity of index funds, they typically have lower fees compared to traditional investment vehicles. These lower fees are passed on to index fund investors. The S&P 500 includes companies across 11 sectors to offer a picture of the health of the U.S. stock market and the broader economy.
The S&P 500 isn’t a company itself, but rather a list of companies — otherwise known as an index. So while you can’t buy S&P 500 stock, you can buy shares in an index that tracks the S&P 500.
The S&P 500 tracks the market capitalization of the roughly 500 companies included in the index, measuring the value of the stock of those companies.
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