In this episode, Signe and Michelle explain what mutual funds, including index funds and ETFs, are all about. We share the benefits and risks of investing in these funds that usually contain individual stocks or bonds. They can even be funds of funds! But as Warren Buffett says, most people should simply invest in a low cost S&P 500 index fund if they don't want to try to study individual stocks and will likely do well in the long run.

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