How To Invest In Low-Cost Index Funds [Simple]
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If you’re overwhelmed with the entire idea of investing, I understand. I was too when I first started investing the past year.
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I really didn’t know where to start, so I started googling. Soon I was lost in the interwebs and landed on a page
talking about low-cost index funds.
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Index funds are passively managed funds. Their goal is to
match
the performance of an index.
Index Funds 101
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Low-Cost Index Funds
Investing in low-cost index funds is the best way to keep your take-home profit as big as possible.
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How To Pick Low-Cost Index Funds
– Low fees of below 0.3%
– Transparency, where you should be able to see in which stocks/bonds is invested
– Diversified across diverse countries/companies
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How Do I Start Investing?
Low-cost index funds, only take 0.2-0.3% of your profits. They track a certain index, making sure you get the average stock market returns.
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