Index Funds: Passive Income Idea for Complete Beginners - A Stock Marketing Investment Strategy that Withstood the Test of Time

· Author's Republic · Narrated by Rick Stevens
5.0
33 reviews
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29 min
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About this audiobook

Are you ready to get started with laying a foundation for your future, using a tried and true passive income avenue?
Then you’re ready to learn about investing in index funds.
Unlike more traditional forms of mutual fund investments, which are actively managed by the investor or by the broker, investing in index funds results in passive income: meaning that after the initial investment, you don’t need to put regular time, effort, or expense into your investment. Since you, as the investor, don’t need the help of analysts and managers to give you advice on what to invest in, it cuts down on the expenses necessary to maintain your portfolio. And many experts say that passive investments actually perform better than actively managed, higher-risk investments. Index funds are one way to work along with the market, rather than trying to play against it and win.
Passive income created through index funds is a great way to build for your future, including creating a higher return for your retirement income.
Index Funds: Passive Income Idea for Complete Beginners - A Stock Marketing Investment Strategy that Withstood the Test of Time will help you build your future from the ground up. Read this book to learn the following:
? The basic terms and meanings you need to know, including indexing, benchmarks, management expense ratio, and portfolios
? The most popular indexes in use today, and why
? How index funds compare to passively managed funds
? Pros and cons of an index fund account
? What passive income can do for your future
? Success stories brought about by index funds
? Why index funds are recommended for building up your retirement income, and
? How to get started with your own portfolio
Regardless of what stage of life you’re in, it’s never too soon to put your income to work for you via investments. Now is the time to start thinking about your future!
Let this book be your best guide to a reliable source of passive income.

Ratings and reviews

5.0
33 reviews
Jessica R. Yaeger
August 25, 2020
Brings it all back to earth. Last chapter a must read if you are about to dive into etf’s and index funds. Excellent sound honest analysis. Was sold on index funds and etf’s. They are good but read this book. Got it on kindle for $8.67. Probably saved thousands on reading the last chapter. While pretty general in specific guidance, his take on cap weighted indexes and funds that supposedly passively deliver their returns is both educational and refreshing. He is not saying a pox on them, far from it. But it is a buyer-be-aware caution. Not just for funds but for stock equities in general. Buy and Hold mainly indexes and your eggs are far more heavily weighted in a basket of transient high flyers and bubbles than the "what can go wrong?" camp would have you believe. Funds do have enormous benefits. But any counsel that helps ordinary citizens resist the common siren call to tie most your hard earned nest egg to their fate and then ride them right to the rocks is to the good.
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Jonny Perry
August 24, 2020
Brings it all back to earth. Last chapter a must read if you are about to dive into etf’s and index funds. Excellent sound honest analysis. Was sold on index funds and etf’s. They are good but read this book. Got it on kindle for $8.67. Probably saved thousands on reading the last chapter. While pretty general in specific guidance, his take on cap weighted indexes and funds that supposedly passively deliver their returns is both educational and refreshing. He is not saying a pox on them, far from it. But it is a buyer-be-aware caution. Not just for funds but for stock equities in general. Buy and Hold mainly indexes and your eggs are far more heavily weighted in a basket of transient high flyers and bubbles than the "what can go wrong?" camp would have you believe. Funds do have enormous benefits. But any counsel that helps ordinary citizens resist the common siren call to tie most your hard earned nest egg to their fate and then ride them right to the rocks is to the good.
Did you find this helpful?
john khan
August 26, 2020
They are good but read this book. Got it on kindle for $8.67. Probably saved thousands on reading the last chapter. While pretty general in specific guidance, his take on cap weighted indexes and funds that supposedly passively deliver their returns is both educational and refreshing. He is not saying a pox on them, far from it. But it is a buyer-be-aware caution. Not just for funds but for stock equities in general. Buy and Hold mainly indexes and your eggs are far more heavily weighted in a basket of transient high flyers and bubbles than the "what can go wrong?" camp would have you believe. Funds do have enormous benefits. But any counsel that helps ordinary citizens resist the common siren call to tie most your hard earned nest egg to their fate and then ride them right to the rocks is to the good
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Narrated by Rick Stevens