this post was submitted on 05 Sep 2024
16 points (94.4% liked)
Personal Finance
3861 readers
1 users here now
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The only three things you need to know about index investing.
The largest cost factor you can control is costs so if you want to improve your selection look for funds that have very low fees (I.e. <1%)
This fund will literally beat the vast majority of actively managed funds over 10 years.
Don’t believe me though, just read ‘The Bet’ section in the 2016 Berkshire Hathaway letter to shareholders.