You've heard their name. You know they're a good investment to have. But what exactly IS an index fund? If you buy one, what are you actually getting? And why do so many experts unanimously recommend that you invest in them for your retirement? In this post, we'll briefly explain why stock market index funds are so popular and show you how you can easily buy one on your own. First of All, What is an Index Fund? When someone refers to an index fund, usually they're talking about the S&P 500 stock market index. The S&P 500 (along with the DOW and NASDAQ stock … [Read more...] about How to Buy a Stock Market Index Fund
mutual fund
Book Review: “The Big Secret for the Small Investor” by Joel Greenblatt
Click the image to visit Amazon.comPersonality. Sarcasm. Normally I don’t use entertaining words to describe personal finance books, but this one embodies those qualities. In this very brief read by Joel Greenblatt (an investment company owner and professor at the Columbia Business School), Greenblatt colorfully lays out his arguments and foundation for his two part (A and B) investment plan which he refers to as his “Big Secret”. … [Read more...] about Book Review: “The Big Secret for the Small Investor” by Joel Greenblatt