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Ramsey Everyday Millionaires

What Is The S&P 500 And Why Does It Matter?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 16 December 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible! Next Steps: 💰Need Help with your investments? Click here to connect with a SmartVestor Pro. 🏠To learn more about how to plan for Retirement, click here 🏦To learn more about Investing, click here 🎓Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro.   Listen to more from Ramsey Network 🎙️ The Ramsey Show  🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 💸 The Ramsey Show Highlights   Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is sponsored by SmartVester. Connect with an investing pro for free at ramsysolutions.com slash invest.

0:14.6

You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building wealth, and outrageous generosity.

0:22.7

All right. Speaking of traditions, George, you know I like when you talk nerdy.

0:27.9

You do like when I talk nerdy to you. And today's...

0:30.4

What are you going to talk? I'm told you're going to talk nerdy to me. What is the topic?

0:34.8

I can't think of anything nerdier than the S&P 500.

0:38.8

Standard and poor, baby.

0:39.9

That is... If you know, you know.

0:41.0

Yeah, well said.

0:42.9

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

0:45.4

The S&P 500.

0:47.2

A lot of people's eyes glaze over.

0:48.8

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

0:54.0

Because we do talk about it a lot.

0:55.6

And it's important for you to understand.

0:57.3

Not the floor, maybe the bottom shelf.

0:58.3

Bottom shelf.

0:58.9

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

1:00.8

Five second rule.

1:01.6

Yeah.

1:02.2

All right.

1:02.5

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

...

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