June 15, 2021
Business News

Why Don’t the Wealthy Invest in Index Funds? – Motley Fool

Investing in stocks is a great way to grow your net worth, but it can also be somewhat of a guessing game. Unless you have the knowledge, time, and patience to vet each individual company you’re considering before buying its stock, you could wind up with a portfolio that’s weighed down with bad deals and underperformers.
That’s one reason why many investors tend to appreciate index funds. These passively managed funds are designed to track the performance of a market index — usually by holding…

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