ihckennedy wrote:We should raise a toast to SPY, the original ETF, which is 20 years old today.
Compared to most actively managed U.S. large-cap stock funds in existence 20 years ago (of which, 158 that started the race have dropped out), SPY has had superior performance, lower cost, greater tax efficiency and zero active risk.
Gee, how dull is that?!
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