You can’t invest directly in the S&P 500 or any other index. So instead, access the collection of stocks in an index by buying an exchange-traded fund.
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As 2023 winds down to a close, our attention as investors turns to the coming year. What investment vehicles, in which sectors, are going to serve us best in 2024? While none of us have a crystal ball that will reliably show us the future, we can all use some common sense and careful planning to head into the new year with confidence. In this article I will explore four index exchange-traded funds you may want to consider when researching S&P 500-driven approaches.
S&P 500 Index Funds Explained
You can’t invest directly in the S&P 500 or any other index. So instead, you can access the collection of stocks in an index by buying an exchange-traded fund (ETF). An index fund is simply an investment vehicle that tracks an index….