I get it. Buying an index feels safe and diversified. The risk is perceived to be lower because you are distributed between a group of stocks with someone magically rebalancing the portfolio for you.
There is no index to buy for SaaS… What!!!
I agree with your surprise because I thought this would be a great way to get my feet wet without having to do the work. So I searched and the closest thing I could find was this:
But… You can’t buy this index through an ETF or any other way. All you can do is look at it which is pretty cool.
Starting to get interested?!? If this link doesn’t start you asking a whole bunch of questions like, “can this really continue…?” You should probably find another blog to read. Maybe study up on the Dow 30 and see why it makes no sense that the world reports this average all the time.
Your pro SaaS friend.