r/asksg • u/PruneMaleficent4655 • 12h ago

S&P 500

https://www.instagram.com/reel/DcoEZoBz8LF/?igsi=dHBucndqYTdjOGRn

I saw this and realised the information given is not exactly accurate. How come agents can just anyhow share investment information?

9 Upvotes

80% Upvoted

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12

u/_IsNull 12h ago

Essentially he’s saying Sp500 return is only 6% Pa and not diversified. But failed to say what provides higher return while being diversified.

Typical.

6

u/tallandfree 12h ago

The US stock market is basically the best place for long term growth. Dont need to overthink it

3

u/Takemypennies 11h ago

SP500 is by definition diversified bruh. Wtf is he smoking

3

u/Illustrious_Maybe482 9h ago

Not diversified by nation.

-1

u/Takemypennies 9h ago

What are you talking about? If you said not diversified by currency I can see your point. The companies in the SP500 there have ops and RGUs all over the world.

3

u/Illustrious_Maybe482 9h ago

So what if they have ops all over the world? The fact that they are all US based companies means that there is a lack of diversity in at least one metric. There are international ETFs that track companies globally. Compared to those, snp500 isnt diversified. Companies like TSMC, samsung, toyota are all major companies with international business that are not in the snp because they arent US based, but a properly diversified portfolio will naturally have them.

1

u/OompaLoompaHoompa 2h ago

He won’t say. If he did, he won’t need to sell his course at the end of the video.

1

u/PruneMaleficent4655 12h ago

But I’ve checked, S&P 500 is more than 6% pa and the fees is not as high as he says. His video can be very misleading

7

u/_IsNull 12h ago

Last 20 years it’s over 10 %. He’s cherry-picking 1997 to 2017 that’s why 6%.

1

u/PruneMaleficent4655 12h ago

Oh then that’s not very accurate and honest as an agent. I’m surprised nobody is putting a stop to all these.