Index investing is a passive investment strategy that aims to replicate the performance of a specific benchmark index, such as the S&P 500 or the NASDAQ Composite. It involves purchasing a diversified portfolio of stocks or bonds that mirrors the constituents of the index, allowing investors to benefit from the broad marketโ€™s returns with minimal buying and selling. This strategy is favored for its low costs, simplicity, and potential to achieve steady long-term returns, reflecting the overall market trends rather than the performance of individual securities.

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