First time buying SP-500 and I'm very confused
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
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.
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.
