Hello,
I just wanted some opinions on etfs like VOO / SPY which track the S&P 500 index.
I am 29 and have just started saving for retirement. I have a risk free Savings account which guarantees 6% per year. It may increase or drop around 1% in future depending on the market but not more (hovering around 7% average for the last 15 years). I invest around $1000 each month and plan on doing so for the next 20-25 years.
My question is : Instead of this, is it better investing in the S&P 500 which has returned around 10% for the last 3 decades including a few recessions ?
My risk tolerance is quite low but many people recommend investing in these type of indices long term. What would you do if you also had a guaranteed 6% return option ?
Thanks!!
Submitted January 20, 2018 at 07:28AM by blueberry1919 http://ift.tt/2DqHvkZ
