Brian Berkenhoff News Today

Index funds are passively managed, low-cost mutual funds or ETFs that pool investors' money into a portfolio that mirrors a particular market index.

Financial advisors were asked to share what money habits they saw in clients who had financial success in 2021 and came up with four responses.

Index funds suit investors with a long-term time horizon and a preference for a passive, buy-and-hold strategy. CasarsaGuru/Getty Images Index funds