Published on 14 Jul 2023 on Bankrate via Yahoo Finance
Index funds have gained enormous popularity with investors over the past few decades as a cost-effective way to gain access to highly diversified portfolios. Through mutual funds and ETFs, total market index funds allow investors to purchase a basket of stocks that track an index focused on the overall U.S. stock market or markets around the world. They can be a great way for investors to benefit from a country’s economic growth without having to select which individual companies to invest in.
Here’s what else you should know about total market index funds and a few options to consider.