Re: Why is the S&P 500 considered \"The Market\"?
S&P 500 is considered a good benchmark because historically it has beaten over 75% of the other funds out there. You can always find funds that beat it over the short-term, but it is hard to find funds that consistently beat it over the long-term.
A well-educated investor can probably beat it, but for the average joe, it the S&P 500 fund is a great investment.
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