‘track a basic EFT like SPY’

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Involved in a finance conversation about saving for pensions, something I don’t have a clue about. Just smiling and nodding

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Anonymous 0 Comments

An ETF is an exchange traded fund. SPY is an ETF that tracks the S&P500. So basically you can go to your brokerage account and buy SPY and with that single ETF get exposure to all the S&P500 companies at once (US large caps).

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