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Would you recommend to continue to buy in to SPDR S&P 500 ETF?

Looking at SPDR S&P 500 ETF has been progressing increase

Discussion (2)

What are your thoughts?

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Royalchem

03 Nov 2019

Project Officer at Security Related

Can consider tqqq instead. However, you will need access to us market.

Kelly Trinh

03 Nov 2019

Backoffice technical at financial services firm

SPY is an index tracking fund so the manager isn't responsible for any of the progressive increases (instead their KPI would be minimising tracking error).

Instead, the change in value is reflective of good performance of US stock market (and underlying that, the US economy in general) and you should buy in if you have the view that it will continue to perform well.

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