Ready for some common sense investing logic? Let’s invest in index funds! You can’t go wrong by just choosing the cheapest index fund.The majority of your money is best invested in safe, low-cost index funds.Actively managed funds suck, because past profits don’t guarantee future success.Here are 3 lessons about the power of index funds: In a time when everyone tried to beat the market with great stock picks and then charge expensive fees for it, he thought: “Why not just mimic what the indexes are doing and not manage anything?” This little thought turned into one of the most prevailing investment ideas of the following century, and one of the most respected investment companies in the world.īogle’s invention, the index fund, is still one of the safest and stress-free ways of investing today and in this little book he outlines why, and how you can get started with one. Listen to the audio of this summary with a free reading.fm account*:
0 Comments
Leave a Reply. |