Let Index Funds Do the Work For You
Investing your savings instead of letting the money sit in a bank account is a smart move- if you know what you’re doing. But this involved managing your own portfolio and picking your own stocks. Of course, you could also hire a mutual fund manager to do all the heavy lifting for you.
However, there’s also a third option, buying an index fund. This is usually the best choice for average investors as you can buy and sell index fund shares like regular stocks. They’re affordable, and they help bulk up your portfolio with a tiny bit of every stock in the fund’s index.
If you don’t want to expensively manage your mutual funds (and by expensive we mean with both time and money) then this choice may be the best for you!
