Finance: What is the S&P 500?

What is the S&P 500? It's Standard & Poor's 500 generally largest companies, with a U.S. domestic bias. The S&P 500 is usually what investors think of when they think "the market." This entity is used as an index indicator of stock performance in most calculations, and ticker SPY is the most famous index fund in this group.

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00:29

like 40 maybe 50 bucks on a good day. at the end of each day the elves who worked

00:34

inside of the S&P Factory, they would add up the shares basically ignore any

00:39

dividends and send to the press a total which was published to more or less

00:43

everyone who cared about investing. well not nearly even a century later the 40 [man reads newspaper]

00:47

to $50 reign to the SNP is today knock on the door of 2,500 .so without even

00:53

having dividends reinvested you'd have made 50 times your money with dividends

00:57

reinvested to buy more shares instead of keeping the cash to buy you know

01:02

groceries or electric massage slippers. you'd have made over 70 times your [grocery display case and slippers pictured]

01:07

original investment. welcome to America.