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SPY Hits $300.00

Wow, the SPY has finally reached $300.00. Tuna and I have been talking about this day since we first bought the SPY in December 2018. Not only has the SPY reached its personal 52 week high but it’s parent, the S&P 500, along with the Dow and Nasdaq have also hit their 52 week high. What does that tell you as an investor? The market is BOOMING! Tuna and I believe in the long term success of big-name brands like Microsoft, Procter and Gamble, Amazon, Apple, and Google, which are all part of the SPY. Now, what do we think this means for the future? Our opinion will always be consistent. Long term investments in fortune 500 companies is a great way to financial freedom. The post above supports our claim. What you can see is that the gains are always greater than the losses. Meaning the bull market is longer and stronger than the bear market over long periods of time. This is why Tuna and I follow a long term investment plan into companies we believe will be around in the next 5-10 years. Subscribe below to keep up with our latest financial advice and personal opinions on current topics!

Categories: Miscellaneous

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