Is S&P 500 worth buying?
Lastly, S&P 500 index funds tend to have low fees. This is important because
fees can eat into your investment returns. S&P 500 index funds typically have
lower expense ratios than actively managed mutual funds. All of these factors make
the S&P 500 a potentially good investment for 2022.
The rest of the Globe economies are slowing down. That affect our economy
because we sell products overseas and large number of tourist travel to the US
every year for vacations.
Where does this leave the average hourly working individual that usually have
5 to six months emergency funds, three or 4 weeks in a checking account? Cutting
spending, paying down debt/paying off debt will slow the US economy down to.
At least that is what most people believe but nothing could be further from
the truth. The less debt consumers have the better off they are and the
country. The higher the saving rate the more prosper a country is.
Inflation currently at 7%. Will it be 8%, 9%, 10% or even more is a
possibility. In order to deal with this it will take budgeting for higher
Families and individuals on fixed income will have three choices. Number one
is learning how inflation affect then, number two is going without because
their income simply purchase less and earning more income. Generally most individuals
simply cut back. Lacking the
understanding of inflation which most book on the subject would provide anyone
the knowledge to avoid the pitfalls associated with higher and higher inflation, they
simply live on less.