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Stock impact report

How Should a Beginner Invest in Stocks? Start With This Index Fund [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META) 
Investing in the equity markets might seem overwhelming for most beginner investors. There are thousands of stocks to choose from and an endless stream of market opinions you must navigate before making an investment decision. However, investing in stocks can be simplified by holding diversified exchange-traded funds or ETFs, over time to benefit from the power of compounding. The S&P 500 is among the most popular stock indices globally and provides you with exposure to the largest companies south of the border. Created in 1957, the S&P 500 is the world's most widely followed stock market benchmark as it combines simplification and diversification with inflation-beating returns. Over the last six decades, the S&P 500 has returned 10% annually on average after adjusting for dividend reinvestments. Basically, the flagship index has beaten the majority of fund managers on Wall Street. In 2024, some of the index's largest holdings include Microsoft Nvidia Apple Alphabet Amazon Tesl Show less Read more
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