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The S&P 500 is a stock market index representing the performance of 500 of the largest publicly traded companies in the United States. Investing in an S&P 500 ETF or index fund allows individuals to gain diversified exposure to the U.S. stock market. Historically, it has averaged returns of about 10% per year.
And if I invest $1,000 a month for 30 years in something like the S&P 500, I will have about $1.9 million.
""The S&P 500 is repeatedly discussed as a passive investment strategy, with specific return figures and comparisons to other investment types like Bitcoin. Speakers recommend it for long-term wealth building."