brought to you by the every dollar app start budgeting for free today george you know i like when

you talk nerdy you do like when i talk nerdy to you and today's what are you going to talk

i'm told you're going to talk nerdy to me what is the topic anything nerdier than the s and p 500

standard and poor baby that is uh if... If you know, you know.

Yeah, well said.

So we hear about this term all the time in the news.

The S&P 500.

A lot of people's eyes glaze over.

So I'm going to give you the talk nerdy to me, kind of put the cookies on the floor for everyone listening.

Because we do talk about it a lot and it's important.

Not the floor, maybe the bottom shelf.

Bottom shelf.

Nobody wants to eat cookies that have been on the floor.

Five second rule.

Yeah.

All right.

So the S&P 500 is an index that measures the top 500 companies and how they perform.

And standard and poor, that's who's running this thing.

And so an index fund when you think about it, Ken, we talk about mutual funds a lot.

We're talking about a giant group of stocks pooled together.

Investors pool their money to purchase these funds and shares.

And so an index fund is a type of mutual fund that buys stock in these 500 companies.

...