I plan on investing 40$ every week. I want to invest in SPY and hold long term. But I'm uncertain if that is what I should do with 40$. SPY in currently 460$ so it will take me about 11 weeks just to have a complete stock. Should I invest in cheaper ETFs or cheaper stocks in general or it doesn't matter?
My concern is that investing 40$ per week in SPY will give less revenue than other cheaper stocks in the long term.
Responses will be much appreciated.
Leave a Reply