By ANDREW HALLAM
Welcome to the fourth video in this series for new investors.
Plenty of people know they should invest in low-cost index funds instead of actively managed products. But what exactly is an index fund? In this video, I explain how index funds came about, how they work and why they’re such a good idea.
New investors who missed the first three video in the series can catch up with them here:
You might also want to look at our series Back to Basics:
ANDREW HALLAM is the author of the bestseller, Millionaire Teacher and Millionaire Expat: How To Build Wealth Living Overseas.
Here are some recent articles of Andrew’s we’ve published on TEBI that you may be interested in: