[baot]

I think it's worth noting that S&P 500 index funds didn't exist until the 70s. You'd be spending a lot of time and money to approximate it before that.

[sdinsn]

The S&P 500 just tracks the largest 500 publicly traded companies. So no, it's not difficult to approximate.

[baot]

You need to pay commission and spread every time you rebalance your portfolio (daily, if you copy the frequency of modern funds)

So at the £5ish/trade of my current broker, that's a cool £912500/year on just commission.

For some reason the massively reduced ease of entry to a trading strategy like this is never considered when lauding its historical performance.

[sdinsn]

> daily, if you copy the frequency of modern funds

Modern S&P500 funds like SPY or VOO rebalance quarterly FYI