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Index fund is just a bunch of stocks bundled together. You can buy small amounts of it, and you just ride the market as a whole, rather than some specific stock
by erikpukinskis 7y ago
Index fund is just a bunch of stocks bundled together. You can buy small amounts of it, and you just ride the market as a whole, rather than some specific stocks you picked.
You can buy it at Vanguard.com. You’ll need to sign up for an account, and then it’s a process similar to setting up online bill pay.
If you can put a consistent amount into an index fund, even if it’s $50/month, religiously, that’s a huge step.