Why buy $SPY when you can buy S&P directly?
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Posted Jul 13, 2021, 1:35 AM UTC
013
SPGI is the actual company that provides the indices. It is not the index itself. I’m in IVV for my brokerage account and FXAIX in my Roth IRA. Both virtually free to own.
9
When everyone says to buy the S&P 500 they recommend $SPY or $VOO. But buying it directly with $SPGI gives you way better returns.
Please please please please tell me this is a troll post...
9
Yeah this guy needs banned as a troll or stop trading and let a roboadvisor do everything
6
I only ban bad trolls, this is a 5/10 effort - not the best but worth inclusion if trolling.
I respect the hustle.
7
Yes, it’s just shilling
-4
shilling
Do people just use this word for like anything they’re mad at nowadays?
3
No it’s like literally the definition:
- One who poses as a satisfied customer or an enthusiastic gambler to dupe bystanders into participating in a swindle.
- One who publicly promotes another's cause, especially in an extravagant or misleading way.
1
You might wanna re-read that post lol…
1
I don't know but I would guess several things. First, it would be hard to mimic SPY unless you had a large amount invested or had access to fractional shares for all components of the S&P. Second, I believe you would have taxes/fees associated with quarterly rebalancing. Third, it wouldn't be a trivial thing to do from a practical perspective.
On the plus side, you would have access to loss harvesting potentially.
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1
I just buy a share a day in the top 500.
1
What is buy $CLOV ?
-6
Well your talking about buying a single company vs an ETF with a basket of 500 stocks.
SPGI is a company. I think you’re confused