MTO6- Podcast on reasons to invest in index funds. There may be affiliate links in this article, read the full disclaimer here. Note I am not a financial advisor these are just my opinions that have been formed from researching different studies and books. Please, please, please do your own research
This is a 3 part podcast series on index funds:
You probably know that finding ways to invest your money can be very time consuming and daunting.
However, it is possible to make a good return on your hard earned cash without having to spend hours in front of your computer screen. It’s also possible to do this without paying other people to manage a fund or relying on people pay you in the form of interest or rental income.
This podcast will show you 7 reasons why index funds are so highly recommended by the financial giants of the world.
If you’d like to see more detail about this podcast then check out this link:
An index fund is a public fund that requires no “active” management.
Basically, you don’t need to buy and sell individual stocks of certain companies, it will simply own all the stocks in the index (i.e. the 500 stocks in the S&P 500 index fund, which is the top 500 companies in the USA)
Simply put, there will be much lower fees that you pay to any brokers because it doesn’t require anyone to select stocks in certain companies.
As you continue to read on and listen to the podcast, you will realise this is the #1 that any investor should spend their time researching (how to lower the fees you spend on investments!)
These are some of the facts that show why index funds are superior to mutual funds or the average individual investor!
Are you beginning to see why index funds are recommended by the smartest investors?
Here are some freedom facts from Tony Robbin’s book Unshakeable, which should help you to realise why you should be involved in the stock market:
Unless the current financial system drastically changes then inflation will carry on occurring. This is a big factor in the reason why stocks, bonds, property and all commodities keep going up in the long run.
Watch how incredible compound interest really is!
This is why you need to get investing… immediately!
Now, you may be wondering how you are supposed to actually have enough money to invest in index funds. The first step is to get your own finances in check. My wife, Sarah, and I have used the below financial statement template for the past 4 years, which has helped us to save money and invest more money.
There are so many reasons to invest in index funds as so many financial experts say! But here are 7 big ones:
To see these points in more detail check out this post
If you enjoyed this podcast then please subscribe and leave a review on iTunes right here.
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P.S. What reason do you think is the most important to invest in index funds?
Mike has built a passive income online whilst working as a full-time PE teacher without any marketing or technical experience. Learn more about how he's done it here.