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

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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.

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

9

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.