How to Invest in S&P 500 index for 2024
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The S&P 500 is a key stock market index tracking 500 major US companies. While you can't invest directly in the index, you can use funds or unit trusts that replicate it. We'll explore best funds for tracking the S&P 500 index for funding options like:
SRS (Supplementary Retirement Scheme)
CPF (Central Provident Fund)
Cash (Applicable to international audiences outside of US)
We'll discuss physical vs. synthetic replication, fund fees, and tax considerations. Remember, your best investment strategy depends on your lifestyle and goals.
Disclaimer: Not financial advice, just financial entertainment.
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