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A toast to SPY!

Posted: Tue Jan 29, 2013 10:24 am
by ihckennedy
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

Re: A toast to SPY!

Posted: Tue Jan 29, 2013 10:40 am
by magician
ihckennedy wrote:We should raise a toast to SPY, the original ETF, which is 20 years old today.
I just took a sip of Aberlour A'bunadh.

Re: A toast to SPY!

Posted: Tue Jan 29, 2013 10:41 am
by Sam I Am
Message deleted.

Re: A toast to SPY!

Posted: Wed Jan 30, 2013 5:55 pm
by Phineas J. Whoopee
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
Great idea! The bread's in the toaster right now! :happy