A toast to SPY!

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
User avatar
Topic Author
ihckennedy
Posts: 34
Joined: Thu Nov 29, 2012 1:01 pm
Contact:

A toast to SPY!

Post 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
User avatar
magician
Posts: 1571
Joined: Mon May 02, 2011 1:08 am
Location: Yorba Linda, CA
Contact:

Re: A toast to SPY!

Post 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.
Simplify the complicated side; don't complify the simplicated side.
Sam I Am
Posts: 2062
Joined: Tue Feb 20, 2007 6:58 pm

Re: A toast to SPY!

Post by Sam I Am »

Message deleted.
Last edited by Sam I Am on Sun Oct 06, 2013 2:22 pm, edited 1 time in total.
User avatar
Phineas J. Whoopee
Posts: 9675
Joined: Sun Dec 18, 2011 5:18 pm

Re: A toast to SPY!

Post 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
Post Reply