Want to Retire with More Money? The Case for Index Funds.
Index funds may be just the ticket to retiring with more money. Here's how.
Overview
Index funds offer a simple and cost-effective way to build wealth. If they don't play a significant role in your overall portfolio, you may want to take a closer look at what a good index fund can do for you.
An index fund is an exchange-traded fund (ETF), or mutual fund that aims to replicate a market index, such as the Nasdaq. Rather than trying to pick only winners, an index fund buys most or all of the securities in the index it tracks, holding them in the same proportions as the index.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.