Which index fund?

Investing
#1

Hi! I want to sock away money into any low-cost index fund that’ll average return 10% like PFC posts on instagram. Which ones should I invest in?

#2

Hi Rik! We don’t know how they will perform in the future, but there are lots of index funds that have historically returned about 10% on average.

We prefer target date index funds for maximum diversification and simplicity:

But there are plenty of other (less diverse) index funds as well: What is the best index fund? Comparing US total market and S&P 500 index funds – Personal Finance Club

I also recommend that you read this article:

It’s hard to give a clear cut answer but hope that helps!

#3

Thank you so much, I will read those now !

#4

Is there some sort of chart where we can see how much monthly contributions we should make and what that will amount too?

#5

Try putting your numbers into our investment growth calculator! I think 7% is a reasonable forward-looking projection that takes inflation into account:

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