Is a $500 bill a Monopoly money?

Join us as we peel back the curtain on the $500 bill‘s fascinating history and value as a prized collectible. While today a $500 bill seems like Monopoly money, these large notes actually played a crucial role in the American economy for over 200 years.

Where did the $500 bill come from?

The first known $500 bills were issued by the cash-strapped Province of North Carolina way back in 1780 to help fund the Revolutionary War effort. ^1 Over the next century, the U.S. government and various states released high-denomination notes like the $500 bill to finance other major expenditures and wars:

How do I invest in the S&P 500?

There are several ways to invest in the S&P 500. The easiest way is to invest in an S&P 500 index fund. You can do this in a tax-advantaged account like a 401 (k), IRA, HSA, or 529 plan. You could also open a taxable brokerage account to purchase an S&P 500 index fund.