There's a bracing logic to letting your money ride on an S&P 500 index fund. The most celebrated of them, the Vanguard 500 Index, has beaten 60% of all actively managed domestic stock funds' over the past ten years. Buying an index fund means giving up on picking a smart money manager. But this saves you money management fees and also spares you the worry that your manager will do much worse than the averages.
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