How to start investing in Index Funds

Choose a brokerage account and sign up for an account! If you have not, sign up with Bloom and start investing on ETFs!

There are few more popular online brokers that you can search online. Most brokers will handle ETFs!

There are few brokers who also handles mutual funds as well but it's not as common.

Look for a low expense ratios (the annual fee charged by the fund).

ALWAYS! Dollar-cost average when you start investing! Try using Bloom's recurring deposit function in order to build this habit!

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DCA (Dollar-cost average) will help reduce the risk by averaging out the investing price over time

E.g. Instead of investing $100 at one time. Try investing recurring deposits of 10 dollars a week for 10 weeks to reduce the risk!

Never time the market! It's hard to predict the market. Smart investors will invest in long term growth!

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Test your knowledge

Where can you buy an Index Fund?

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What does "Dollar-Cost Averaging" mean?

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Which is an example of a well-known Index Fund?

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What's next?

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