Why People Think Funds Are A Good Idea
What Is Passive Investing?
In most instances, when people hear of the word passive investing, the first thing that comes into their minds is real estate. Yet, anyone who has owned an apartment or rental home knows that there is no such thing. You need to collect rent, do repairs to the property, pay taxes and the list goes on. And all this requires work. So with regards to retirement investment, it just become common to think that it is essential to be hands-on with it.
So what actually is meant by passive investing?
Number 1. Owning markets – a passive investor is not concerned with the performance of a particular company over the other with regards to stock price. Say that it’s a well capitalized company and represented in broad index at the same time, the secret is to own it and all its peers.
Number 2. Own asset … Read More