Investing used to be a taboo word for me.
I’ve heard many stories of people losing their money in the stock market. This made me think of investing as gambling.
After becoming interested in making my money work harder for me, the topic of investing popped up again. After reading up more, I realised that you could actually earn from the stock market in a stable way!
One such way was via the passive investing route, where you invest in index funds. Here’s why I think index funds are a great way for anyone to start their investing journey.
Contents
What is an index fund?
Index funds were first introduced in 1975 by Jack Bogle. He wanted to create a low cost fund that mimics the performance of a market index.
These are in contrast to mutual funds (or unit trusts). Mutual funds are usually run by an asset management company....
