A short YouTube talk by Ndubuisi 'Andy' Egwim introducing passive investing via index funds. The speaker explains the idea of "buying the whole haystack"—purchasing the whole market instead of individual stocks—and highlights market-weighted index funds (e.g., the S&P 500) as a common, simple approach that favors the largest companies.
So what you could decide to do will be to buy the whole haystack. And that's index fund investing. Now when you're buying index fund, you're saying, rather than buy one stock, I'm going to buy the whole market. And there are many ways to do this. A lot of people go for market weighted index. It's not as complex as it sounds. Market weighted index is basically you want to buy the biggest companies in the market. An example is S&P 500. SMP 500 is in the U.S. the top 500 companies in the U.S. market, you have all the Google.
