Newbies (Beginners) should invest in indices

 

A Novice or Beginner who has little knowledge of the stock market should stay away from buying direct stocks. They should invest in indices. There are multiple ETFs traded on the stock exchanges which track these indices. Below I am sharing details of such indices.

S&P 500: The Standard and Poor 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States. Thus, by investing in this index. you will be investing in the top 500 companies of the United States. as simple as that.

S&P has given a CAGR of 13.73% for the period 2013-2023.

 

ETFs tracking S&P 500.

VOO Vanguard S&P 500 ETF

https://www.google.com/finance/quote/VOO:NYSEARCA?authuser=0

 

 

Nifty 50: The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Thus, you will be investing in the top 50 companies on India.

Nifty 50 has given a CAGR of 15.63% for the period 2009-2024.

 

ETFs tracking Nifty 50.

INDY iShares India 50 ETF.

Nippon India ETF Nifty 50 Bees.NIFTYBEES.

 

https://www.google.com/finance/quote/NIFTYBEES:NSE?authuser=0&window=1Y