First time buying SP-500 and I'm very confused
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
Should l Buy ?
Investment Strategy: The user has $30,000 to invest and is considering putting it into the S&P 500 but is confused about the different options available, such as ETFs and mutual funds, and seeks recommendations for a long-term investment strategy.
Concerns About Financial Advice: The user expresses distrust in bank advisors due to potential commission incentives and is concerned about tax implications related to investments and transferring shares to family members.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
