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Consider investing in index funds from "summary" of The Little Book That Beats the Market by Joel Greenblatt
Index fund investing is a simple yet powerful concept that can work wonders for your portfolio. Instead of trying to pick individual stocks or time the market, index funds offer a low-cost way to invest in a diversified basket of stocks. By investing in an index fund, you essentially own a piece of every company in that index, spreading your risk and reducing the impact of any single stock's performance on your portfolio. The beauty of index funds lies in their passive nature. You don't need to spend hours researching individual companies or trying to predict market movements. Instead, you can simply buy and hold an index fund, letting the market do the heavy lifting for you. This simplicity not only saves you time and effort but also helps you avoid costly mistakes that many active investors make. Furthermore,...
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