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?!
http://simplesmartinvesting.com/?p=256
A toast to SPY!
- ihckennedy
- Posts: 34
- Joined: Thu Nov 29, 2012 1:01 pm
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Re: A toast to SPY!
I just took a sip of Aberlour A'bunadh.ihckennedy wrote:We should raise a toast to SPY, the original ETF, which is 20 years old today.
Simplify the complicated side; don't complify the simplicated side.
Re: A toast to SPY!
Message deleted.
Last edited by Sam I Am on Sun Oct 06, 2013 2:22 pm, edited 1 time in total.
- Phineas J. Whoopee
- Posts: 9675
- Joined: Sun Dec 18, 2011 5:18 pm
Re: A toast to SPY!
Great idea! The bread's in the toaster right now!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?!
http://simplesmartinvesting.com/?p=256