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Paula Pant + Jeremy Schneider: Why Index Funds Will Make You a Millionaire (BEST OF MKM)

Marriage Kids and Money: Personal Finance for Families

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Why Do You Like Index Funds?

A mutual fund is a basket of funds that has a bunch of stocks inside of it. It's great for diversification, because you've got all the other stocks to counterbalance one another. But an index fund is purely a mutual fund that is passively managed. All it does is it follows a broad market index like the s and p 500.

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