Saturday, 25 May 2024

Is S&P500 ETF (SPY) the best bet for your retirement?-40% Tax

Contributed By: The Big Fat Whale



It is Warren Buffett’s advice that for most people, the best place to build your retirement nest egg is through indexing. This means buying into an S&P 500 ETF such as SPY. We try to explore whether is this the best course of action for your retirement.

On the whole, the S&P 500 have been racking in returns of close to 10% historically. That is a decent return for a passive investment strategy. However, it does come with equity volatility, which means you must be able to stomach drops of 50% during this journey of wealth accumulation.

Click Here for the Full Article:

https://thebigfatwhale.com/is-sp500-etf-spythe-best-bet-for-your-retirement-40-tax/#google_vignette


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