The Smartest S&P 500 ETF to Buy With $500 Right Now
The article discusses the SPDR Portfolio S&P 500 ETF (SPLG) as an ideal investment option for those with a limited budget of $500. Unlike more expensive ETFs like VOO, SPY, and IVV, which cost over $500 per share, SPLG is priced at $70 per share, allowing investors to purchase multiple shares. The SPLG fund mirrors the S&P 500 index, offering similar performance with lower management fees. It is recommended for small-budget investors looking to start their investment journey without the need for fractional shares.
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