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Nas320 Offline OP
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I've recently started investing some money for the long term (retirement) in stocks, etc. but I had a question for some of the people who may have a little more knowledge then I do.

What are your thoughts on investing in the Ishares Trust S&P 500 Index (Ticker: IVV) or the S&P Spider (Ticker: SPY) in an attempt to diversify a bit? Why or why not? and what are the tax implications or fees (if any)? or is it handled just like a regular single unit of stock would be?

Also, would you go the ETF route over lets say a no load mutual fund?

Thanks in advance!

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Legend
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Buy when things are at their lowest.......like U of M gear?


And into the forest I go, to lose my mind and find my soul.
- John Muir

#GMSTRONG
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Legend
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Dawg Talker
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Stick w/ ETF's - cheaper than funds and more flexible.

SPY is a great place to start. Build that up and then throw in an international ETF and a small cap ETF into the mix. Some like bond ETF's but I don't.


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Quote:

Buy when things are at their lowest.......like U of M gear?





DAMN you beat me to it, I guess great minds think alike


KING


You may be in the drivers seat but God is holding the map. #GMSTRONG
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Legend
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Get a adviser you trust.

Read the Wall Street Journal.

Listen to and watch what Warren Buffet does.


If everybody had like minds, we would never learn.

GM Strong




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