Just started seriously looking into the S&P 500 as an investment consideration. Have been so focused on paying off debt that I was never in a place to actually invest. But now I am and gotta say the S&P looks fairly tempting to at least put some money toward it and park it for the long term.
The average annual return over the past 10 years or so is 13.6% which beats out the overall stock market of 9.2%. Of course from year to year it does much better or worse but just talking avgs. Even when we suffer recessions or depressions if you hold steady I think you can do a lot worse. Anyone diversified in the S&P 500 or is there something I'm missing that makes this not the safer bet that I think it looks like?
WyattTown Wrote:The average annual return over the past 10 years or so is 13.6% which beats out the overall stock market of 9.2%. Of course from year to year it does much better or worse but just talking avgs. Even when we suffer recessions or depressions if you hold steady I think you can do a lot worse. Anyone diversified in the S&P 500 or is there something I'm missing that makes this not the safer bet that I think it looks like?