This unique investing strategy for the S&P 500 isn’t as crazy as it sounds
Different investors pursue different strategies to try to make the most profit. Over the years, I’ve seen many interesting ideas, but one came across my desk this week that made me both smile and think. It revolves around US stocks in the S&P 500 (^GSPC) and is one I think all investors can consider!
The idea stems from the recent events with Intel (INTC). Back in August, Intel announced that the US government would acquire a 9.9% equity stake. This was mainly financed from the government converting unpaid or promised grants. However you spin it, the government now has a passive stake in the company.
When I look at Intel, it does make sense. Having domestic chip-making capacity is a…
