My view on index funds is that they have changed a lot over the last 20 or so years. The default for most financial advisors is to divide your stock investment

My view on index funds is that they have changed a lot over the last 20 or so years. The default for most financial advisors is to divide your stock investment in index funds with an emphasis on the S&P 500 and it doesn't seem like it's going to change anytime soon. So going forward there's going to be a continuous flow of money into those stocks. Additionally, companies are more likely to buy their own stock versus declaring a dividend which reduces the supply of available stock which in turn makes the stock rise. All of this is very positive for index funds going forward. Also, we have seen that the FED will do their best to make sure the stock market does not fall apart for any long period of time. All of this adds to my confidence that it's really the only way to invest as long as you have a broad period for your investments. During the Covid-19 bear market they were thinking of buying stocks to help the market. I don't think they did but it was on the possibility list. That says a lot about how far they will go. Lastly, Warren Buffet's view is that if the S&P falls apart it won't matter since it's likely that there are bigger issues to worry about so it won't really matter. He's got a good point.