How to Buy Every Stock in the S&P 500 at Penny-Stock Prices
The S&P 500, or more accurately the Standard & Poor's 500, is a stock index generally made up of 500 of the largest U.S. companies that are traded on U.S. stock markets (it has a few additional rules that make the list a bit more selective). Most of the stocks in it, from Microsoft (NASDAQ: MSFT) to Apple (NASDAQ: AAPL) to Johnson & Johnson (NYSE: JNJ), are household names. If you want to invest in companies you know and make bets on many of America's biggest businesses, buying stocks on the S&P 500 is one way to do so.
Many of the stocks on the S&P 500 also happen to be expensive. A single share of Apple would set you back around $380. But the good news is that you don't need a lot of money to invest in any of the large companies on the S&P 500 -- or even to invest in all of them.
In fact, if you can afford to buy a penny stock, you can now afford to own any company -- or every company -- in this index. Here's how.
Source Fool.com
