These 10 shares would’ve made you $3,734!

The S&P 500 has just hit a NEW RECORD HIGH!

As I write this, the index is now sticking on a fresh $2,873 price tag. A value that it hasn’t been in the ballpark of since January 2018.

If you tagged along for the ride and had a stake of just 10 shares, then you managed to earn $3,734 worth of Wall Street profits. But even if you missed this first go-around, there’s always more to come.

Let’s take a closer look at what makes up the S&P 500 and how you can profit during round-two of its next increase.

If you happen to be a little out of the loop, the S&P 500 is one of the most popular indices that’s currently available for public trading.

As the name suggests, it’s an index comprised of 500 large American companies, which gives investors an easy avenue for taking bits and pieces of profits form the market.

Think of Wall Street as the host of a dinner party…

The investors are the guests, the publicly listed companies are the entrées and indexes, such as the S&P 500, are the sampler plates going around that prepare you for what’s still to come.

Are you following me?

The purpose of these “appetizers” is to give you a taste of all the food so you can determine if you want to indulge yourself and stick around for more.

In a sense, that’s exactly what the S&P 500 serves to do!

Snacking on these bits and pieces is much safer than committing to an entire main course. It’s no big deal if you don’t fancy some of the smaller portions because you can just move on to the next. But if the main course tastes bad or isn’t cooked right, then the whole dinner is ruined.

Not only do these bits and pieces that create the index give you a good idea of the entire market, but they add up to form a pretty hearty meal after a while (hints this new record high).

To say the least, the investors tied in with the S&P 500 are getting full.

If you managed to hitch a ride and invest in the S&P 500 index ($SPX) during this upward climb throughout 2018, then you made $373.49 in profits… PER SHARE!

To put things into perspective, an investment of just 10 shares would’ve put you close to $4,000 in market gains alone!

That’s pretty appetizing if you ask me.

Apart from allowing you to spread your investments across 500 different companies, the index is also used as a tool for gauging the overall health of the market.

The fact that the S&P 500 is now quite literally off the charts means that the rest of the market isn’t doing all that bad itself.

It’s simple. The index doesn’t go up in value unless a good portion of the hundreds of companies that it’s made up of do as well.

The next time you’re thinking about trading, take a look at the S&P 500 to determine the overall health of the market.

Remember that spreading out your investments or buying in to an index like $SPX is always a safer bet in comparison to putting all of your eggs into one company’s basket.

As always, thanks for reading and don’t forget to stay up to date with these weekly articles to ensure you don’t miss out on both current and potential profits in the market.