Wary of Cryptos - Own SPDR S&P 500 ETF Trust

Are you not sure if cryptos are for you? Consider owning the SPDR S&P 500 ETF Trust (SPY) that tracts the 500 largest U.S. companies. Owing SPY for the long term is a bet on the U.S. economy, which despite short-term ups and downs, has been in a long-term upside for decades.

See Long-term Stock Index Investing: Own the S&P 500 to Track Large U.S. Companies for more details.

Portfolio Values

To inspect the performance of SPY, see the chart below. Portfolio values are computed using monthly closes for ETFs from Alpha Vantage.

The current value of a $10,000 investment is $18,641. The percent return is 86.41%. The annualized return is 13.26%.

Posted July 19, 2022