Re: What Is an Index Fund?
Sorry for not being a very good student...this is all really new to me so excuse me if these questions are very basic.
Who decides what is in a index and how do you know what stocks are part of the index?
What is a stop/loss order?
It sounds like index funds are for people who want to buy stock in a certain area, but don't know enough about individual companies, so they buy a bunch of similar stocks so it isn't so risky. Is this correct?
Thank you for your help and I'm sorry if those questions are "obvious"
|