How To Become A Successful Investor

Diversification is perhaps the most important tenet in solving the problem of ‘How To Become A Successful Investor’.

With diversification, one company’s troubles (or even a sector’s troubles) won’t sink a portfolio. With diversification in mind, the SPDR S&P 500 ETF Trust (NYSE:SPY) is an excellent choice for the equity part of a portfolio. The SPDR S&P 500 ETF Trust (NYSE:SPY) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index, which is a group of 500 of America’s leading companies. The S&P 500 Index is widely regarded as the best single gauge of large-cap American equities and offers around 80% coverage of available market capitalization. The SPDR S&P 500 ETF Trust (NYSE:SPY) ETF has a gross expense ratio of 0.0945% and has an estimated 3-5 year EPS growth rate of 11.6%.

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