There are some concepts you hear about in life that make sense the moment you learn about them.
Occam’s Razor. The 80/20 rule. Murphy’s Law. Index funds.
Indexing made sense to me right off the bat. Low costs. Tax efficient. Low turnover. Low maintenance. Simple. And very hard to beat over the long-run (even by professional money managers).
I’ve been investing in index funds for more than 20 years. If an…