By Roland McIntyre, CFP®
I hope this video gives you a laugh and a lesson. 😆🤣😂
With passive index investing, you basically say, “Hey, I want in on that action!” You invest in a fund that tracks the S&P 500, meaning it holds the same stocks in similar proportions. 📊
Think of it like this: instead of trying to pick individual winning stocks (which is super hard!), you’re invested in the overall success of the U.S. market. 🏢🏦🏫
Why it’s cool:
* Instant diversification: Your money is spread across 500 companies, reducing risk.
* Low costs: Index funds are typically cheaper than actively managed funds.
* Simplicity: Easy to understand, even for beginners.
[embedyt] https://www.youtube.com/watch?v=u5KAsJ52sQg[/embedyt]
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Disclaimer: This blog is for informational purposes only and should not be considered financial advice. Please consult a qualified financial advisor before making any investment decisions.