“You need to buy the S&P!”
If you’re on the internet and have ever searched anything related to investing, you’ve probably seen or heard someone this.
But you’re looking at ETF’s (exchange-traded funds) like VOO — Vanguard’s S&P ETF — and it costs $600+ for one freakin’ share!
And maybe the brokerage you’re using doesn’t let you buy fractional shares. Meaning, you can only buy whole shares, which means you’re shelling out that $600.
And you’re saying to me, “Charlie — I don’t have the money to do that!”
Don’t worry, I got you.
Enter SPLG.
It’s SPDR’s version of an S&P 500 ETF and as of the date of this article, it’s currently trading at around $79/share.
It also has a really low expense ratio of just 0.02%.
So if you’ve been looking for a way to get started in, or buy more of the S&P 500, this stock is a great option, for a fraction of the price!
If you want more information about these or any positions, head to MarketWatch.com or Yahoo Finance.
Never finance your joy,
- Charlie
📌P.S. If you found this helpful, consider sharing it with a friend. We don’t have to stay stuck in the debt cycle.
Disclaimer: Not financial advice. Educational purposes only.