11-27-2009, 03:27 PM
|
#19
|
|
Devourer of Worlds
Professor S is offline
Location: Mount Penn, PA
Now Playing: Team Fortress 2, all day everyday
Posts: 6,608
|
Re: Roth IRA - Need Help
Quote:
Originally Posted by Bond
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.
|
No shit. PM me those SPDR's, please. 
__________________
|
|
|
|