Andy Egwim compares the S&P 500 to global index funds. The S&P 500 covers about 500 U.S. companies but gives you no geographic diversification, while global funds spread across 1,000 to 2,000 companies worldwide. Which one fits your portfolio depends on how much international exposure you want.
Obviously, S&P 500 is just the top 500 companies in the U.S. you'll be thinking companies like Apple, Coca Cola, Tesla, they are all in the S P500. Now just remember that the S P500 is just companies in the US so you are diversified, but you're not diversified across countries. So. But some people will say, well, I don't care because those top 500 companies are in all the countries Apple is operating in, all the countries that matter. Coca Cola in all the countries that matter. But yes, some people also buy a global index fund that's sort of like the top 1,000 or 2,000 companies. We're not going into specific products. I just want you to understand the concept. So that's, that's step one. If you are investing by yourself, you can either invest in Index Fund ETFs, you can buy bonds with your SIP, you can even invest in property, commercial property if you know what you're doing. I know some of the doctors in our mastermind who actually invested in commercial property because they already experienced in that area. So that's it, number one.
