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Use lowcost index funds from "summary" of A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition) by Burton G. Malkiel
When it comes to investing, simplicity is often the key to success. One of the most straightforward and time-tested strategies for successful investing is to utilize low-cost index funds. Index funds are investment vehicles that track a specific market index, such as the S&P 500. By investing in an index fund, investors gain exposure to a diversified portfolio of stocks without the need to pick individual securities. The appeal of index funds lies in their low costs. Traditional mutual funds often come with high fees that can eat into investors' returns over time. In contrast, index funds have minimal management fees since they passively track an index rather than actively selecting and trading securities. As a result, investors can keep more of their returns and...
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