Question

In a few sentences, explain why it is better to invest in index funds instead of...

In a few sentences, explain why it is better to invest in index funds instead of individual stocks.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The number one reason to invest in index funds is the diversification benefits the index provides over individual stocks. The index funds are also cost-effective as compared to buying and selling individual stocks. It requires a significant amount of research to invest in individual stocks, whereas investing in index funds does not require much effort.

Can you please upvote? Thank You :-)

Add a comment
Know the answer?
Add Answer to:
In a few sentences, explain why it is better to invest in index funds instead of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT