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Index Funds encourages diversification
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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You are right. The best index fund are diversified broadly and they are low cost too. Great video.
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
Thank you, @iskawrites
Thank you
That's great @atomz! We're excited to see your accomplishments on Hive! Keep going!
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"