S&P 500 Explained !!

This is how the S&P 500 works in 60 seconds. So, here we have John and he has some extra money that he wants to invest. And he was looking into real estate and crypto, but he gets overwhelmed. That's him. And his friend comes to him and says, Hey John, have you heard of the S&P 500? And he's like, no, what is that? And Derek says, well, it's a container of the 500 top companies in America. So think of companies like Apple, Nike, Amazon, and you get hundreds more in this box. Instead of trying to figure out which one's gonna win, you get a small piece of all of them. Now, this is what makes it good, John. If one of these companies do bad, what they'll do is they'll knock them out and replace them with somebody stronger. So that the box stays strong and stable over time. And people who's worth billions of dollars says that this is one of the easiest, best ways to grow your wealth long term. Now, that is how the S&P 500 works, John. We're not saying crypto or real estate is bad, but it does take more skill. If you're looking for the easiest way to start investing without guessing, this and this is probably it. What's crazy is you can open an account in 10 minutes online and you can start with as little as $10 a month. Companies like NerdWallet has a list of different places where you can start this. And if you comment 500 below, I'll send it to you.