(I'll stick to stocks, for simplicity.)
Stock markets have what are called indices, a way of averaging the value of the shares traded therein, and so when a market goes up overall, the value of the index increases. A passive investor buys the stocks on the index, so the value of her investment increases with the market overall. It's essentially automatic, requires little thought, and is therefore a cheap way to invest.
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@[email protected] has moved (npub12pw…zvxn) Dean Beeby (npub1a93…zc0w)
