Too Long; Didn't Read
Ahhh yes, the good ol’ reliable <a href="http://time.com/money/collection-post/2792010/what-are-index-funds/" target="_blank">index fund</a>. Many of us who have been in the investment world for more than a few months can at least roughly comprehend and explain to our friends and family what the purpose of one is. Additionally, most of us can understand why they are so lucrative in the long-term scheme of investing and in their abilities to <strong>make people wealthy</strong>. In almost every asset class, index funds are immensely popular in today’s investing environment. There has to be a reason our uncles won’t shut up about how the rest of us need to be heavily invested in them.