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KXLY January 12, 2021 7:27 AM E. Napoletano - Forbes Advisor Posted: Updated: January 14, 2021 7:20 AM Index funds are a type of mutual fund that aim to track the performance of a market index. Financial experts recommend index funds as the best investing vehicle for most people because they’re low-cost, low-risk choices for growing wealth. Here’s how you can get started investing in index funds. 1. Decide on Your Index Fund Investment Goals Before you start investing in index funds, you’ll want to be clear about your goals, especially when you hope to accomplish them. “A short time horizon indicates a lower ability to take risk, which would lead you to weight a bond index fund higher than if your time horizon were longer, which affords you the ability to take on more risk and to likely increase your stock allocation,” says Andrew Rosen, certified financial planner (CFP), president and partner at Diversified LLC. ....
Channel3000.com January 12, 2021 9:27 AM E. Napoletano - Forbes Advisor Posted: Updated: January 14, 2021 9:05 AM Index funds are a type of mutual fund that aim to track the performance of a market index. Financial experts recommend index funds as the best investing vehicle for most people because they’re low-cost, low-risk choices for growing wealth. Here’s how you can get started investing in index funds. 1. Decide on Your Index Fund Investment Goals Before you start investing in index funds, you’ll want to be clear about your goals, especially when you hope to accomplish them. “A short time horizon indicates a lower ability to take risk, which would lead you to weight a bond index fund higher than if your time horizon were longer, which affords you the ability to take on more risk and to likely increase your stock allocation,” says Andrew Rosen, certified financial planner (CFP), president and partner at Diversified LLC. ....