Why you shouldn’t follow this common piece of investing advice
By Emmie Martin
Why? “It’s not very diversified,” he tells CNBC Make It.
Nick Holeman, a certified financial planner at Betterment, agrees. Holeman explains that an index fund can be thought of as a benchmark for a certain type of investment. In this case, the S&P 500 follows the largest 500 companies in the United States.Read the Original Article
This article originally published April 19th, 2018 on CNBC