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Just buy an S&P 500 index fund?

Just buy an S&P 500 index fund?

Should you only buy an S&P 500 index fund and call it a day? It might seem like it, given that the index comprises roughly the 500 largest US companies by market capitalization. However, simply owning an S&P 500 index fund may open you up to risks you’re unaware of or overlooking.