It bets on which market you want to invest in. All four of those segments of the market are all low-cost index funds. It was written in 1994, but the data is just as accurate today as it was 25 years ago when it was written. The numbers don't change. And when you say buying the index, do you mean just buying an S&P 500 index or is it portfolio consisting of maybe the S&P, total US market, total world market, maybe a bond fund?

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