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SPY - Could Alphabet Stock Help You Retire a Millionaire?
SPDR S&P 500
2024-05-27 09:37:00 ET
Online services giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has made plenty of millionaires over the years. You'd have more than a million dollars in the Google parent's stock today if you invested just $15,000 when it entered the public stock market in 2004. If you put the same cash to work in a broad market tracker like the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) instead, you'd have a total return of just $105,000: