Bank of America reveals S&P 500 ‘cheat sheet’
Many investors feel that the safest long-term bet is to invest in an S&P 500index fund like the SPDR S&P 500 ETF (SPY). To put it in perspective, SPY has gained almost 70% in the past five years, at the time of writing, Tuesday morning, March 17, according to Yahoo Finance. While the S&P 500 is volatile in the short term, only a collapse of the US economy can really wipe out long-term gains. However, when geopolitical tensions make the market more volatile, some investors are looking for what may seem li ...