How To Keep & Grow Your Money #1

The provider of that sweet sweet sugar in this letter is: Etoro

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In this letter we analyse the SPDR S&P 500 ETF Trust

Ticker: NYSEARCA: SPY | Price: $544.22 | Market Cap: $491.21B | Average 10-Year Annual Return: 12.61%

What is it (short): Oldest ETF of the US stock market. Represents the top 500 companies in the US that are part of the S&P 500

What is it (long): SPY is one of the largest and most heavily-traded ETFs in the world, offering exposure to one of the most well-known equity benchmarks. While SPY certainly may have appeal to investors seeking to build a long-term portfolio and include large-cap U.S. stocks, this fund has become extremely popular with more active traders as a way to toggle between risky and safe assets. A look at SPY’s daily turnover reveals the short average holding period and the popularity with active traders.

Our thoughts: A great option for investing long-term into the US large-cap market.

Do your own research and if you would like to take our free course to learn how to invest into ETFs and Index Funds at Index Institution™ go here.

Malaysia Lowers Deposit Amount for MM2H Program

Exciting news for those eyeing Malaysia for a second residency. Malaysia has announced new changes to its Malaysia My Second Home (MM2H) program, making it more accessible.

Key Changes:

• Lowered Deposit Amounts: The fixed deposit for the Gold tier is now RM1 million, down from RM2 million.

• Permit Duration Changes: The Platinum tier now offers a 20-year permit instead of permanent residency.

• New Categories: A new MM2H category for special economic and financial zones, with details coming soon.

Read more on this here and if you would like to explore legally paying less taxes and maximizing your freedom check out Global Optimizer™ or click here.

Financial concept to learn in this edition: Exchange-Traded Funds (ETFs)

What Is an Exchange-Traded Fund (ETF)?

An Exchange-Traded Fund (ETF) is an investment fund that can be bought and sold on a stock exchange, similar to individual stocks. ETFs can track various assets, such as commodities or a group of securities.

Key Points:

• Trades Like a Stock: ETFs are bought and sold throughout the trading day, unlike mutual funds that trade only once a day.

• Variety of Strategies: ETFs can follow specific investment strategies, generate income, speculate, increase in price, or hedge risks in an investment portfolio.

• Cost-Effective: They often have lower expense ratios and fewer broker commissions compared to buying individual stocks.

An Example of an ETF:

• A well-known ETF is the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 Index.

To learn more about Exchange-Traded Funds (ETFs) read more on Investopedia here.