Investing in a single fund is risky this is why index funds provides you with access to a broad range of investments option in order to reduce your exposure to risk.
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I love how you broke down this topic for one to understand. And I did learn a lot.
So, if someone wants to invest for the long term, index funds would be a great portfolio yeah?
As long as you understood then my work paid off. Thank you for watching.
Yes, index fund will be a great portfolio for the long term
Okay, this was an educative video. The key is to shop around. This video gives a detailed explanation. I could relate it with the saying "don't put all your eggs in one basket"
You are right. The best index fund are diversified broadly and they are low cost too. Great video.
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