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Understanding Index Funds

A beginner's guide to passive investing with index funds

1 min read Nov 25, 2025

What is an Index Fund?

An index fund is a type of mutual fund or ETF designed to track a specific market index, like the S&P 500.

Why Index Funds?

FeatureIndex FundsActive Funds
FeesLow (0.03-0.20%)High (0.5-2%)
PerformanceMatches marketOften underperforms
DiversificationBuilt-inVaries
ManagementPassiveActive
  • VTI: Vanguard Total Stock Market
  • VOO: Vanguard S&P 500
  • VXUS: Vanguard Total International
  • BND: Vanguard Total Bond Market

How to Get Started

  1. Open a brokerage account (Fidelity, Vanguard, Schwab)
  2. Choose your index funds
  3. Set up automatic investments
  4. Hold for the long term

Conclusion

Index funds are the simplest way to build wealth over time. Low fees and broad diversification make them ideal for most investors.