Know What You Own: The S&P 500 Index
Investors believe that by purchasing the S&P 500 index they have a diversified U.S. equity portfolio. This couldn't be further from the truth....
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So You Think You’re Diversified?
Theoretically, the S&P 500 would be a good diversification tool if it owned equal amounts of each company. In practice, however, this is not the case as the S&P 500 is not an equal-weighted index. ...
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