Quote:
Originally Posted by Professor S
Can you offer a short description of what these are?
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The SPDRs basically segment the S&P 500 into industries (Financial, Energy, Utilities, etc). I view it as a much safer investment than investing in a single stock, as the funds simply represent a sector of the economy - it's a passive approach to investing.
In any case, when the market tanked I invested in both the Energy and Utilities SPDRs. I won't say how much I invested, but the return so far has been around 25% plus dividends. Not too shabby.