Show 54 - Investing the Easy Way
In this episode, I talk about the easiest way to invest in stocks---index funds--and all it's benefits.
10/9/20241 min read
Investing is a daunting task. There are so many things to consider and know if you want to do it well. OR you could just invest in index funds. Index funds are the simplest stock investing concept. They generally have low fees and are diversified already. Of course, you will need to look into this yourself to understand what is best for you, but I can’t think of any situation where index fund investing isn’t a top choice for investing. In this episode, I dive into why that is and what to think about when investing in stocks and index funds.
Key Ideas
Individual stock investing is gambling if you don’t spend a lot of time studying the stock market.
Index funds are passively managed investments so they offer low fees (like 0.04%) instead of high fee actively managed funds (like of 2%).
Total market index funds or S&P 500 index funds are a great way to invest for diversification.
Make sure you are investing with a reputable low fee broker like Fidelity, Vanguard or Charles Schwab.
