My conviction in $SPDR Portfolio S&P 500 ETF(SPLG)$ is paying off as I am up 47%. SPLG is the mini version of SPY with a super low expense ratio of 0.02%. Both ETFs are managed by the same fund manager State Street Global.
Why did August shine?
Texh resilience : AI optimism and cloud infrastructure demand ignited faith in US megacaps.
Easing interest rate expectations.
And September?
September may test the nerves of short term traders but for me, it is just another chapter in a long beautifully compounding journey.
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