You Won't Get Rich Just by Saving Money. You'll Need to Do This, Too

You Won't Get Rich Just by Saving Money. You'll Need to Do This, Too

Index funds are passively managed funds that track different market indexes. An S&P 500 index fund, for example, will aim to match the performance of the S&P 500 itself. Index funds are a good bet for building wealth because they allow you to benefit from broad market gains without having to put in the time to research stocks individually.