SSO doesn't do double the s&p when the market is rising. Check out some chart periods. I was thinking about doing those 2x s&p 500 funds. I figured why not, it'll give me double the upside over the long term. But I've read numerous articles & checked the charts & they just don't perform well.
depends if you just investing or trading. if you want to get out intraday you want spy but if you going long ...very long...years...then sp500 fund..
No advantage in retirement acct. The advantage of a fund, like vanguard sp500 fund, there's no transaction fee. SPY etf there's usullay a transaction fee you pay your broker or online broker. I like SPY b/c you can liguidate any time during the day but personally i'm not trading retirement acct's.. If you wanted to liquidate a fund you get the days closing price. Also, you can trade Rydexfunds, liquidate them at an intraday price, and maybe Fund X funds w/ a 2%redemption fee held less than a period of 30days. Like i said I invest in SP500 fund thru vanguard...no transaction fee's, expenses very low and i'm going long until retirement...if i live that long....
This is precisely why you should go with the fund for a long term holding. You don't want the temptation just to dump SPY, as there will ALWAYS be crisis moments.
Both vanguard (vfinx) and SPY have very low expense ratios and both are lower than industry standard. I guess you sold all equity postions since we're in a crisis??? Actually, this is the time to add to your postions...i have...