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What is an index?
An index is a pool of high earning companies combined rather than just 1 specific stock/market.
Why are indexes so good?
They build consistency rather than focusing on intensitity (volatility).
What do you own in an index?
A slice of the market winners themselves rather than competing for shares in one company.
What is the benefit of diversification?
If one company does bad, others can carry the weight.
What does a person mean when they say “the market was up today”.
They mean - Tech, healthcare, finance, energy, industries, and consumer goods were growing.