Invest in lowcost index funds from "summary" of The Barefoot Investor by Scott Pape
Let's talk about investing. I know it can be overwhelming with all the options out there, but I'm here to simplify it for you. One of the best ways to grow your money over the long term is by investing in low-cost index funds. Now, you might be wondering what exactly is an index fund. Well, it's a type of investment fund that tracks a specific market index, like the S&P 500. This means you're not trying to beat the market, you're simply aiming to match its performance. And that's okay, because history has shown us that most actively managed funds fail to outperform the market in the long run. By investing in low-cost index funds, you're keeping more of your money working for you. You see, high fees can eat into your returns over time, so it's important to keep t...
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