The following is a brief financial planning lesson for you. While everyone has their own opinions about where to put your investments, this is one concept we all should consider: index funds. What is an index fund? It is a mutual fund that is managed to follow the average rate of the market it is in (the index). An example would be an index fund for the U.S. stock market. The fund manager’s goal would be to maintain an average increase in the funds value that matches the average overall increase in the stock market as a whole. What are … Continue reading →