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Originally Posted by toasterwater  Okay, so if i can only buy a fund that mirrors an index, and not the index itself, then what is a good fund to invest in that mirrors the S&P500?
And thanks Stephen for the knowledge, its that kind of knowledge that will help me succeed in my stock market ventures. Once again, I'm going to have to reject your advice to get out, but once again, I will rearrange my investments based on your advice. Thanks again, and keep the advice rollin  |
Hi toasterwater
I am a Financial planner in Ireland and previously the UK. I have no knowledge of US funds apart from Templeton, from my own investing.
United States--Franklin Templeton Investments -
Here's an article that should be of interest to you
Beat the market with a mix of index funds - MSN Money
and here is the type of fund you might be looking at or similar
https://flagship.vanguard.com/VGApp/...FundIntExt=INT
I imagine the US has many such funds. We call them trackers - as they 'track' an particular index, in this case the S&P500. Because trackers are just that -they track, they are all more or less the same. They are managed by computers and not managers. In this way, you should not worry much about anything else other than what the tracker provider charges for the priviledge of buying the fund. Charges make a huge dent in your future returns. Shop around.