- published: 14 Apr 2013
- views: 10272
So you want to manage your own money, but don't know a thing about stocks? Learn about the S&p; 500 and low cost mutual funds, and you could be on your way to a lucrative investing career. In this video I take you inside my actual portfolio using a site called Sigfig (http://www.sigfig.com). It's free, and can track your progress in the stock market. It's showing me that I suck, and should have chosen the S&P; rather than think I could choose some good individual stocks!
Presenter: Swagat This video will talk about the S&P; 500 is. After watching this you will know what the S&P; 500 is, how its selection works and why it is so important. The S&P; 500 is a market index. A market index is just a selection of investments. In the case of the S&P; 500 it is a selection of US stock. The S&P; 500 consists of 500 US stocks that are selected by the S&P; index committee at Standard and Poor's (a financial services firm). The index committee consists of analysts and economists. Standard and Poor's index committee aims to put the 500 most widely followed stocks in this market index. Leading companies are intended to go in the S&P; 500. Companies can be replaced overtime in this market index. For example, if a company goes bankrupt and is no longer desirable), this com...
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