While the S&P500 index fund has been the largest individual mutual fund holding in my core portfolios since I started recommending them, I first recommended SPY in free articles at Seeking Alpha in early 2011.
Personally, I own a very small amount of gold hidden in the house for bribes if we see Armageddon but I own "treasury inflation protected securities" (TIPS) mutual funds (like the ETF TIP or managed funds FINPX, VIPSX) and Series I-Bonds as well as individual TIPS. I also believe it is a good time to own equities including SPY, the exchange traded fund for the S&P500, for both inflation protection and income.Feb 7 Dow-Gold Ratio Now at Strong Resistance, Will It Break Higher or Lower?
I also believe it is a good time to own equities including SPY, the exchange traded fund for the S&P500, for both inflation protection and income.Congratulations to all who are long the stock market!