SPLG
SPDR® Portfolio S&P 500 ETF
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long puts on SPLG as an alternative to SPY for trading on a budget?
Split even between NVDA, AAPL, and MSFT or buy MGK ETF?
Should I buy both S&P 500 & NASDAQ ETFS? Real advice needed
SPLG a good way for college students/poor people to DCA into the S&P 500 ?
What's the best way to simulate leveraged buy and hold ownership of a stock position in an IRA (no naked calls/puts)?
Can you poke and patch holes in my strategy? Barbell inspired 1:5 puts to calls on index with long expirty.
If I can't afford to run the wheel on SPY, is SPLG the best next option?
Mentions
Best asset mix in the US for pre retirement 75% Low cost SP500 Index (Like SPLG) 25% Small cap value index (Like AVUV) Do that for 40 years and you’ll be golden sir. Don’t listen to these other fools
There is SPLG, however the option chain is not nearly as liquid.
Why not use something like SPLG if you want S&P "cheaper"?
I just rechecked, SPYG is the S&P Growth ETF, SPLG is an independent S&P 500 ETF, but if you want to go for sectors, those are usually also smaller in price per share
There are versions of the SPY that have a smaller price per share, for example $SPLG Another (slightly) smaller fund (but for the Nasdaq) would be QQQM Or you could go with leverage, both UPRO and TQQQ are lower in price per share than their referring funds (but leverage brings its own downsides) However, you are not limited to american funds, you can probably find an equivalent to typical indexes in your currency that you could set a savings plan for.
Also funny cuz he mentioned SPY. A fund with an *appalling* 0.0945% expense ratio. When the came company offers SPLG, a fund with the same objective, for 0.03%.
is there any etf database which convenient lists all of the ETFs which "exactly" track a given index/sector? plenty of them will list everything that has anything to do with an index, which bloats the list which a bunch of stuff that isn't relevant. for instance, for S&P500, i'm aware of SPY, VOO, SPLG and IVV. financials has XLF, VFH and FNCL. anything comprehensive-ish floating around? thanks
SPLG is the large cap. SPTM, while more heavily weighted in the large cap than mid or small, is more total market.
SPLG used to track a different index before they changed to track S&P 500.
Yup, SPY ITM puts will do... unless you want to buy monthly... SPLG. :D
Depends. That is a riskier strategy due to introducing personal bias, timing risk, and market risk (CC have a dampening effect on market volatility, it isn't a lot but it is there). So if you are willing to take on the additional risk than go for it. Anything that increases risk will hopefully increase returns or nobody would take the additional risk. I also hold QQQ, SPLG, IWV, and SCHD as a hedge against my income portfolio for that very reason, and I am an active trader so I've got that as my main source of income.
yes returns are practically identical , for as long as splg has been around since 2005 it has very slightly out performed ivv and spy. [SPY vs IVV vs SPLG](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=SPY&allocation1_1=100&symbol2=IVV&allocation2_2=100&symbol3=SPLG&allocation3_3=100)
What are ppls opinions on SPLG? The expense ratio is low and it seems like a reasonable price that tracks the S&P 500. Am I missing please?
SPLG has an expense ratio of 3bps vs. SPY 9bps. Really the only reason to trade QQQ vs. QQQM or SPY vs. SPLG is if you trade options as they have all of the options liquidity. If you are just buying and holding, SPLG and QQQM are great.
SPLG I think even has a lower expense ratio than SPY
For the S&P500 , SPY is the equivalent of QQQ. It has the most liquidity , options chains ect. However other S&P500 index funds have lower expense ratios , VOO/IVV/SPLG Note there really is not difference between QQQ and QQQM except liquidity . If you want to trade options , or move massive amounts of money in/out of the market (like billions of dollars) QQQ offers that liquidity; Same thing with SPY If you are a retail investor there really is no reason to invest in SPY, just choose VOO/IVV/SPLG.
Through SPDR; SPLG, and if you’re looking on the growth side SPYG. The biggest cons are the lower dividend/yield, volume traded, and % of assets. The pro with the little guys is mainly the expense ratio; cheaper long-term holding. That’s my thought unless I’m forgetting something.
Then yes typically SCHD is the way to go if you want growth plus dividends. If you want more science/tech BST and BSTZ might interest you. You seem to be a bit heavy on tech though so a good s&p like VOO or SPLG.
SPLG is solid. I've long used it as a substitute for the VOO. Just recently though switched over to SPTM instead to get a little small and mid-cap in there. SPYD and SPYG are the others. Any of the SPYs or its offshoots are quality.
Depending on where your roth IRA is you can buy buy partial shares so the 350 per share price of voo could be moot. Out of the big 3 Fidelity you can buy ivv/voo/splg with partial shares , even at vanguard most customers can buy voo or any vanguard etf with partial shares. Schwab is the only one that I know of that still dragging their feet with partial shares. If partial shares isn't an option and 350-400 is too big to do monthly I believe voo is around 350 and ivv is near 400, then SPLG should be what you should buy , you can get it for around 50 USD per share last time I checked. SPLG is functionally equivalent to VOO/IVV/SPY or pretty much any sp500 etf. SPLG is also .03% like VOO and IVV.
IVV is probably slightly better for sp500 as its a bit more liquid and its same expense ratio, if share price is concern where you have to buy complete shares than SPLG should be the option for sp500. This is for buy and hold not for trading or doing anything fancy. IVV , VOO, and SPLG all have the same expense ratio at .03%
Assuming american split SPLG, SCHD, FZROX.
>1m 3m 6m YTD 1y All i 49.2 K 46.7 K 44.2 K 41.8 K 39.3 K 37 9K 36 .9K 34 .4K 32 0K Jul Sep Nov Jan Mar May Jul Sep 2022 52 1,362 GWX Cost 29 .50 -171 Price 26 .21 -1% 21 7997 IVV Cost 215 94 3462 Price 380 82 76% 33 880 SPDW Co st 29 48 -92 57 P rice 26 68 -9% 168 7489 SPLG C ost 43 27 219 71 Pr ice 44 58 3 % 32 1161 SPSM C ost 30 96 171 03 Pri ce 36 31 17 % 12 2148 VB Cos t 113 91781 50 Pric e 179 04 57 16 132 496 VEA C os t 39 02 184 97 Pr ice 376 62 35 25 1953 VNQ 80 94 70 10 78 14 346 20 390 700 VO 121 84 147 005 195 350 60
If you want extended market exposure to supplement your sp500 etfs, VXF or any of the extended market options are fine. If you want to follow market caps its 82/18 or something like that with voo/vxf. Also if you are holding long term and not doing anything with options where you need liquidity VOO/IVV/SPLG >SPY. Generally speaking if you have partial shares IVV is probably the option, if you don't have partial shares options splg is probably fine.
How much is it? If you read wsb they'd probably suggest sjim but I agree with some of the other more prudent ideas like QQQ, VT or SPLG.
From Least Risk to Most Risk: 1. Treasuries bought directly (as opposed to through an ETF). Treasury Direct sells bonds and they pay twice a year. These bonds are about as safe as it is possible to find so long as you are holding the bonds directly and aren't investing in a fund that holds bonds. The payments are currently in the \~3% range for 20y and 30y and so long as you buy them higher than 2.5 you will earn a real return, but the return will never grow. You can also go with 10y bonds depending on what you want to do. 2. Corporate Bonds, muni bonds, and preferred shares. These you'll usually buy through an ETF and you'll have to do some research into which ETF you want to invest into. These are still bonds, so retain a lot of the safety of Treasuries, but they have origination risk so usually carry a 1-2% premium in their yield to account for that risk over Treasuries. 3. Dividend Aristocrats. There are many ETFs that track them or subsets of them, but SCHD is the most common one. The dividend payment is going to be lower than a bond would pay, but you gain a history of yields increasing roughly in line with inflation at the expense that your principal is at risk. Historical norms predict that the principal should go up over time so long as you can wait 15 years, but past returns do not predict future returns. That said, Dividend Aristocrats are the safest of equity stocks as far as not losing principal. 4. S&P 500. There are likely 100s of S&P 500 funds that exist out there and my favorite is SPLG personally. This is kind of the gold standard of funds as far as total return is concerned, the downside is that the dividend income is much smaller than the dividend aristocrats so you'd have to sell shares to get a decent return. Generally speaking you can sell 2% of the principal each year without to much risk, but that 2% hurts a lot in times like 2022 and this introduces entry and exit risk which is a very significant risk. If you just live off of the dividends than you will avoid this risk and historically the S&P is the benchmark that everybody else compares themselves to. 5. This is where we get off the beaten path and there are a lot of additional risks from here. CC ETFs r/qyldgang is the home for conversations on this topic, but just know there are a lot of risks with CC ETFs which is why the yield is so much higher. DIVO, QYLD/RYLD/XYLD, ETV, and JEPI are the most talked about ETFs, but there are a lot of new funds getting opened all the time with variations on the CC theme. Generally speaking you trade a higher annual yield for lower total return so this is not going to be right for every person, but it can allow you to retire off a smaller principal balance compared to the above. 6. Leveraged Bond funds. the two that I hold are PML and FFC and they take on a significant amount of leverage to juice the yield of their holdings. They struggle in raising rate environments and excel in dropping or stable rate environments so they have a lot of entry risk if you buy at the bottom of rates, but they can still produce a lot of stable yield even if the principal is at risk. With all this said, the best option for you is likely going to be a combination of the above categories weighted based on your mom's age, ability to keep working, the risk tolerance for losing the principal, and the ability for your mom to wait out market downturns and not sell shares unless required.
I'd bet this will underperform simply holding VTI, VOO, IVV, SPLG, or whatever over 10-20 years. This seems like a lot of needless complication. If you want to pick stocks, then abandon ETFs and pick stocks, otherwise I'd simplify things with a pure 1 or 2 ETF portfolio.
I tried to do the same thing with SPLG when I had a smaller account but it wasn’t worth it
SPLG, VOO? Both option chains are dog shit though
You are asking 2 different and unrelated questions. An ETF is an exchange traded fund that is managed by an investment manager. These are products that trade and price on a stock exchange. All retail brokers in the US today provide access to listed ETFs without a commission since that's one of the primary services provided by a broker. So if you want access to a listed ETF like VTI and IVV - it doesn't really matter which broker you use. Some larger financial institutions like Fidelity, Schwab, and Vanguard have both retail brokerage businesses as well as investment management businesses that provide ETF products but because those ETF products are exchange traded, they are accessible to any broker without additional fee. To break down your 2 questions: Your first question about which ETF to use if the ETF tracks the same underlying index - it depends on your goal. Let's say you want to invest in the fund that tracks the S&P 500 index. You have lots of ETF choices like SPY, VOO, SPLG, IVV, etc. An ETF like SPY may be useful if you are an active investor and you want a lot of liquidity and perhaps also trade options related to SPY - covered calls, strangles, collars, etc. An ETF like VOO may be useful if you simply want to have a low cost ETF. An ETF like SPLG has a smaller tracking denominator so the price per share is lower for smaller accounts. All these ETFs are available through a retail broker. Where the choice of broker may matter is if that broker offers exclusive mutual funds that track the same index at a lower expense ratio. In my S&P 500 example - an investor may decide to choose Fidelity because Fidelity offers a 0% expense mutual fund that tracks the S&P 500 which is the lowest available at the moment. Your second question about broker diversity is a bit more nuanced. Different brokers offer different services or may have slightly more advantageous services and fees. For most investors - these differences may not matter - but some of the differences are discussed in the wiki here - [https://www.reddit.com/r/investing/wiki/index/gettingstarted/#wiki\_how\_do\_i\_choose\_a\_broker\_to\_invest.3F](https://www.reddit.com/r/investing/wiki/index/gettingstarted/#wiki_how_do_i_choose_a_broker_to_invest.3F) Some of these differences are why I use multiple brokers for different reasons. Lastly - there have been some comments about using different ETFs that track the same underlying index as a means to harvest losses without incurring a wash sale. Bear in mind - that AFAIK - even though the IRS has not officially released guidance if different ETFs that track the same index as "substantially identical" - that doesn't mean that they won't decide to pursue it in the future. I do not believe that using any ETF pair with low tracking errors can be defended as being not substantially identical.
SPLG, the demonization is small enough that I can sell calls against it without going all-in on the S&P.
Swap that overpriced shit for SPLG vanguard is overrated boomer shit
long term buy and hold IVV/VOO/SPLG > SPY , unless you are doing something specific you need for options and the liquidity is required.
Unfortunately you can't do much about this regulation. Your only options will be 1. either trade futures. 2. Use similar ETFs, SPY/IVV/SPLG/VOO. Like rather than buying SPY and selling it on the same day, buy SPY and then sell equal value IVV when you want to sell. You will end with one long and short, but will be equivalent of buying and selling SPY, without a day trade trigger. 3. Get out of the US/Canada. Then you will have access to CFDs and you can anything you want.
Yes, SPLG is one I'm have my eye on (tracks SP500)
SDY SPLG DIVO JEPI JEPQ, hedge with puts. Port is still Green (for now)
Not for long term holding SPLG/VOO/IVV would be better than SPY, they all track the S&P500 index but they have slightly lower expense ratios , not that it will matter much in the long run . SPY is useful because its so big and liquid , so if you want to trade options or move like 5 billion in/out of the market quickly SPY is usefull If you want to start DCA over 30 years SPLG/VOO/IVV would save you a few dollars
Who's your broker? You may want to check again. Most broker requirements for writing a cash secured put and covered calls are the lowest option tier. A 25k min for covered call writing would also be unusual among retail brokers. It sounds like you want to try option wheeling. I suggest starting with a low volatility ETF. SPYG or SPLG can be good options based on your capital availability using cash. SCH doesn't appear to be a ticker.
Fucking hell. Consolidation to SPLG/VOO, JEPI, JEPQ, DIVO port and go from there. Learned the hard way myself about building a small quantity, good foundation, base portfolio.
I’ve just been loading up on SPLG. $500 a month no more no less
Mainly VTI and SPLG with higher dividend ETFs mixed in (JEPI and SCHD). Low risk, high reward, I’m also 22 so I have time to be risky. DRIP on the dividends is just going to compound over time.
My calls into mid month- $SPLG $BUG $CNP
Flip a coin for the market to go up or down, yolo half on SPLG cause you're too afraid to lose all your money, lose 2.5k anyways, yolo the second half but this time on spy, gain cause luck, yolo the rest on spy become tru ape
No different from SPY. The volume is very low and options volume is minimal to nothing. I tried the covered calls strategy with SPLG and it was like watching the paint dry.
Just something to consider about QQQ while its been on quite a roll recently , it took quite a while for it to recover after dot com bubble. What if something like that happens again can you wait 12 years for it to recover, sp500 took about 3 years to recover. Also as somebody else noted if you are buying and holding qqqm is better , also IVV/SPLG/VOO are probably better than spy for just buying and hold, and aren't doing anything that would require daily trading of some kind where you need the liquidity of spy.
Have you considered using SPLG? You'd need less than 5 grand to write a contract on that and it tracks the same stocks.
IVW and SCHX are not S&P 500 ETFs. IVW is the iShares S&P 500 ***Growth*** ETF, which is a subset of the S&P 500 index that holds less than half of the index. SCHX is a U.S. Large-Cap ETF that holds 750 companies; again, not quite the same thing as the S&P 500 index. Not only are you comparing two different ETFs, but neither one actually tracks the S&P 500. I don't know what RSE is, but if it's that different from VOO (the only S&P 500 ETF in your examples) then I gather it must not be an S&P 500 ETF. If you want some examples of S&P 500 ETFs, here are some American ones: SPY, IVV, VOO, SPLG. For Canadian S&P 500 ETFs there's VFV, VSP, XSP, XUS, ZSP, ZUE. I think you'll find that their performance over long periods of time is *very* similar.
BlackRock Bank Of America Citi Group Universal Music Group Pfizer SPLG = 6
Using SPLG as the underlying, long put at 46, and CCS 47/50, Looking at a PDS and the three-legged trade above with the same entry cost (46/44 on the PDS when I ran it) the two trades have basically the P/L diagram as % of maximum risk, so the same move in the underlying on the three legged play returns 3-4 times the return on the PDS due to the higher max risk. Building the models to roughly match maximum risk, the return on the PDS is significantly more (2-3 times, it's not linear and it took three spreads \[46/41\] to scale up to a similar max risk number) at reasonable strikes, however the three legged play does better as the underlying moves outside the range the max profit range of the debit spread. Though the buy in for the debit spreads is a little over five times higher. Opening the spread for a net credit makes it behave like a credit spread for small moves in the underlying, worse than a credit spread for med/large moves, and better for very large moves. IMO opening for a credit isn't worth it as I'd just set a BTC around 50% of the premium received and it would just trigger before ever getting to where its a better play than the spread by itself (and there are probably better ways to play underlyings that are volatile enough to make that happen.)
That is correct VOO/IVV/SPLG are all .03 % and are 1/3 cheaper than spy expense ratio wise and they all follow the same sp500 index.
Honestly, your money is better served investing in SPLG or QQQ than paying off debt. Unless your monthly payments are so high that it’s not manageable. We are on our way to lows in the market and you could be entering at a time where you’d experience 100% gains in just a few years verse saving 5% on interest/year.
If you are planning to invest in S&P500, better off to invest in VOO, SPLG, or IVV for the same product with lower fee. Mutual fund equivalents would be FXAIX, SWPPX, VFIAX (for mutual fund, Vanguard would be preferred for taxable account due to Vanguard funds generally being far more tax efficient)
What you can do psychologically is buy different stocks. If you don't want to increase your cost basis on SPY, then buy VOO, VTI, IVV, SPLG. Identical ETFs.
I don’t do a biotech etf, just an sp 500 (SPLG). Then a few individual stocks.
Do you have a job? If so keep working. Your 22 and 1 million won’t last you your whole life, it probably won’t last you half. I would put this in an S&P ETF like SPLG and maybe JEPI. Don’t touch the principle and reinvest the dividends. One day you will be happy you did and can retire early.
Is it worth triggering a taxable event to consolidate S&P500 indexes? Just thinking about how I own positions in SPY and SPLG and was curious if there’s any real benefit to selling my SPY and buying more SPLG
in general in terms of sp500 etfs IVV, VOO, SPLG , then spy in that order for buy and hold investors. The first three are pretty inter changable since they have same expense ratios and all have high trading volume. I personally would suggest either a combo of vti/vxus or VT. The combo of vti/vxus you can control your domestic and international allocations.
Don’t forget about SPLG. Good share price and low fees on this one.
Warren Buffett left orders for how he wanted his surviving wife’s money to be invested once he was gone. 90% into a low fee S&P 500 ETF and 10% bonds. I would wait to see how this market was in about 6 to 9 months and buy the hell out of an ETF like SPLG or maybe even a little JEPI.
QQQM and SPLG are not bad for single contract wheels.
Keep it simple. Sell the SPLG $40 put.
Assuming you are in things like the S&P 500 and NASDAQ 100 plus the stocks you mentioned, if your broker allows you to reinvest dividends just turn that on and come back in 2023 and put another 6k in. Between now and 2023 don't worry about checking your account balance and just ignore it. Your other option is to just put everything into the S&P 500 and do the same thing as above. This is the best option for 90% of the population, just shove everything into the S&P 500 and just come back next year. If you want to actively trade, I personally don't like actively trading within my retirement account and I just have everything in SPLG, QQQM, SCHD, and IWV. And I trade for a living.
I don't really believe in owning REITs if you're in your 20s. And, unless you hold it in a tax advantaged account, you are paying taxes on those dividends as ordinary income, which is a higher rate than other dividends. It's best to ignore the noise and invest in index tracking funds rather than trying to slice and dice too much. SPLG and VXUS are good funds to hold.
Mainly SPLG, ITOT, ARKK, ARKQ, TESLA and NVDA. I would also appreciate it if you don't cuss at me sir. Please and Thank you.
Yes that's how I've structured my portfolio. ​ SPLG covers the whole S&P at a cheaper expense ratio, 0.02% BlackRock owns the investing world such as Ishares + Corporate Governance in LOTS of companies Bank of America, Consumer, Business & Intuitional Lending / Spending UMG owns 40% of the global music industry with many of the top producers.
You're definitely missing support by using the linear chart. Looking at SPLG (SPDR SP500 ETF - close monday at $44) with the log chart, there are support levels at $41 (-7%); $40 (-9%) and $38 (-13.6%).
yeah SPLG is essentially the same product as VOO, it'll be fine to invest in
I’m 18 I’ve gambled on options and stocks over the last two years and learnt my lesson after losing 2-3k. I want to start my long term Roth IRA as I’m working rn. My question: is it fine if I just buy SPLG instead of VOO or SPY The thing is SLPG is around 45$ vs VOO and SPY in the 350$ range. I earn like 14 an hour and TD Ameritrade the platform I plan to open it on doesn’t offer fractional shares. I would need to save up way more to buy 1 share at a time where as if I had say 90 bucks I can just get two SPLG instead of waiting for 350 for one VOO share Will there be a liquidity issue in the future if I’m all SPLG vs VOO/SPY? I don’t think so as I checked and it’s a tight bid ask and decent volume day to day. Just don’t want it to be a problem in the future when I have tons of SPLG shares I need to unload
If you don't want to do your own research: SPY/SPLG/VOO (pick one) If you want to do your own research: find a company who meets the following criteria 1. You are personally familiar with the industry either from working in the industry or have a lot of experience in the industry 2. You understand the ins and outs of how that specific company makes money and have a reasonable understanding of the industry specific risks to that company 3. You trust their management and think they are competent at their jobs 4. the company has healthy financials as defined by your risk tolerance. This will be different for each investor, and you might invest in a company I would never touch and make a lot of money. My criteria are 1. has positive free cash flow 2. has a record of positive free cash flow for at least 7 of the last 8 quarters 3. has a positive EPS 4. is not a company that makes money using fossil fuels. Exceptions can be made if they are making substantial efforts to convert their business to renewables and plan to abandon fossil fuels (i.e GM or Ford) 5. is not in an industry that has a history of human rights abuses, exploitive business practices, etc. (i.e. never touching nestle or de beers) 6. Has a history of growing their EPS Yoy by 10%+ for at least 8 quarters 7. Bonus points if their PE is sub 40 < sub 30 < sub 25 < sub 10 < sub 5. 1. If a company has a sub 5 PE I'll first get real suspicious and if I can't find anything wrong then I'll add it to my positions if it meets the rest of my criteria.
I don’t need the money. Everyone is alive and well. And that’s all that matters. FYI: Started with 5k a few years back, grew it to 40k, and back down to 5k YOLOing the last 5k on SPLG 12/16 48/45/42p because it’s gonna be worse than ‘08 and what else do I have to do with it. For now though, back to the paper trading and I’m gonna try to gain some more confidence, stop paper-handing and revenge trading. I will be back.
I think ETFs that follow the same index are substantially identical. So all ETFs that follow S&P500 index should be counted as substantially identical. So I believe VOO, SPY, SPLG and IVV are substantially identical in my book.
1. Don't listen to Elon Musk. Warren Buffett is equally not a good source for modern investing. Understand the difference between investing, saving, and trading. 2. There's no recession coming. Recessions strike when people least expect them...not when sentiment is full on doom and gloom. 3. Now might be a great time to buy the borad market S&P 500 via ETF like $SFY $SPLG $VOO or $SPY. It's on sale and discounted from all the fear over the past 5 months. 4. Make your own decisions. Don't listen to WSB, me, Elon, or Warren. At the end of the day these are your finances and you have to live with the consequences. Good luck!
SCHX is another. Similar to SPLG. I auto invest weekly buys since it's set and forget
SPLG as others have mentioned... It tracks SP500 exactly as SPY but for a lower share price...
There are a few things I would add , spy is bad not because the share price is 400+ USD its not great because of the higher expense ration when compared to other options. IVV/VOO/SPLG all have 1/3 the expense ratio of spy, and they are literally the same thing they all cover the sp500 etf space. Also I would just make sure you want just a sp500 etf when there are total market etfs that probably are better for getting overall coverage of the market. ITOT and VTI are good options and expense ratio are the same as IVV/VOO/SPLG. Another thing I would add is if you can find a place like fidelity or M1 that you can buy partial shares of etfs share price is irrelevant you can just buy 200 dollars of whatever etf you want and doesn't matter the price. If you decide against that and want to compare the share prices of sp500 etfs , SPLG is the best at under 50 USD.
Selling may incur a capital gain however unless you are doing options or moving massive amounts of money in/out of the market another S&P500 ETF would save a few bucks . Note the same company offers another S&P500 ETF at a lower expense ratio SPLG , or you could choose VOO/IVV or the mutual fund you suggested SPY is the biggest , most liquid , has the most options chains however to a retail investor most of that may not matter and you would be better served with going to a lower cost one. However the difference will still be pretty minimal we are taking $400 for every 1 million invested. However $400 is $400 and why pay if you don't have too
Three easy steps for you: Step 1: Open a trading account at any of the big firms. Step 2: Every paycheck put 20% into your account, or whatever you can afford. Step 3: Buy SPLG every paycheck. It's about $46 bucks a share today. Google "SPLG holdings" to see what you own. You'll be happy AF in 40 years if you can keep this up.
SPY, high cost to entry compares to a ticket like SPLG, but itll give you the liquidity
The other alternative would be SPLG... It's much more affordable but it tracks perfectly so you could play it until you can build the account to the point where you can do SPY...
I use Robinhood & TD Ameritrade and I like both, but it's down to preference. If you absolutely don't want to use Robinhood or TD I've heard great experiences with Schwab, Fidelity, and E-Trade. For the second part of your question, just Dollar Cost Average. Every day put x dollars into SPLG, VOO, SPY, some diversified ETF you're familiar with. I would say start now, if you wanna wait that's up to your risk profile and how comfortable you feel with maybe loosing x amount right now. Hope that helps.
About $60k. I prefer to wheel SPLG. WAY lower cost per share but you get bad fills cause low liquidity. So I mostly use it just to acquire shares through CSP. Currently using it to DCA myself back into the market.
I see an opportunity here to leverage my portfolio. Big tech will run it's course again. I firmly believe $TQQQ is going to come to new ATHs within 5 years (probably sooner than later too) and I am currently trying to keep the total value of that investment where it was when I first bought. Sure it's real red now, but that just makes my dollars worth more later on. Also, this is not a YOLO. Been there, done that, never again. It's one of the things I'm DCAing into right now. Later, when it goes up I'll use profits for dividends and safer growth. I was in QQQ and SPLG, but I sold in January and decided it was low enough to start putting my money back into the market.
Very very similar but price per share is just a fraction of SPY. That allows you to buy regularly without having $450 to drop. And the expense ratio is lower. And you can wheel a contract of SPLG and if you guess wrong it doesn't screw up a $45,000 position, just $5,000 or so, not that I know from experience...
If all S&P 500 indexes are the same why am I losing $16 in SPLG but gaining $2 in SPY. I bought them literally 5 secs apart of eachother last week
If all S&P 500 indexes are the same why am I losing $16 in SPLG but gaining $2 in SPY. I bought them literally 5 secs apart of eachother last week
If all S&P 500 indexes are the same why am I losing $16 in SPLG but gaining $2 in SPY. I bought them literally 5 secs apart of eachother last week