Is SPY a safe monthly investment to hold long term?


I’m finally at the point where I have consistent income coming in and I’m wanting to put in some money into something monthly, is spy a safe monthly investment to hold for the long term? I invest in other single stocks here and there but I want to have something that money goes into every month. What’s the best avenue to do this? Right now I invest through and iPhone app which tbh doesn’t seem like the best way but it works it.


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