There is an investing adage that says since you can’t beat the market you may as well buy it. There is good reason to adopt it.
For 14 consecutive years, the majority of actively-managed large-cap stock funds have lost to the S&P 500. It is hard to outperform the benchmark index, even when you have the best computers, algorithms, and access to research data.
The best way for investors to mimic the market’s returns is by buying the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the largest and oldest exchange-traded fund (ETF).
What is the SPDR S&P 500 ETF Trust?
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