What’s Vanguard S&P 500?
Opposed to last week’s All World tracker, the S&P 500 is an index fund that tracks companies
around the world in the US that are making it rain.
Its main investment group is tech with 25.22% and its top 5 positions are Apple, Microsoft, Amazon, Facebook and Alphabet.
- you’re investing
- you’re investing in US companies only
- you are exposed to the GBP/USD exchange rate
What are the gains?
🥜 I bought it for €51.72 and it’s now at €53.49 🤷🏻♀️. Better than Dutch savings accounts (0.01%) but 🤯🤯🤯 compared to Tesla’s past year performance ($50 vs $451).
Give me more
This talk at Google from 2014 to feel smart and have it on as background music while getting ready for your day of “working at home”. It discusses to not invest in US stocks, how home country bias is a terrible idea and the general theme of diversifying.
It takes an hour. Don’t play it at 1.5x its speed.. I tried and failed.