Investing.com investing.com 05 Jan, 2021 12:15 am

Novice Investor With Just A Small Amount Of Capital? This ETF Is A Great Start

Novice Investor With Just A Small Amount Of Capital? This ETF Is A Great Start
Stocks Analysis by Investing.com (Tezcan Gecgil/Investing.com) covering: S&P 500, Microsoft Corporation, SPDR S&P 500, Alphabet Inc Class A. Read Investing.com (Tezcan Gecgil/Investing.com)'s latest article on Investing.com

p Therefore, today we'd like to introduce an ETF that tracks the S&P 500, namely the SPDR S&P 500 (NYSE: SPY ).Therefore, they invest in the SPDR S&P 500 ETF, which has the highest daily trading volume among ETFs.0945% per year or less than $1 on a $1,000 investment Businesses in the S&P 500 index comprise around 80% of the overall US stock market's value.Apple, Microsoft (NASDAQ: MSFT ), Amazon (NASDAQ: AMZN ), Facebook (NASDAQ: FB ) and Tesla (NASDAQ: TSLA ), which joined the S&P 500 index in December, are the ETF's five largest names, comprising close to 22% of the SPY's roster.

Like the S&P 500 index, SPY returned 16% over the past year.We would like to remind readers of the Rule of 72, which calculates how fast an investment could double in value with the impact of compounding.

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