How much risk am I really taking with index funds?
I just spoke with my aunt today about her mutual funds. She has actively managed ones though. She says she has not made a profit in 10 years and she recommends against mutual funds altogether. I asked her what kind of mutual funds she bought and she said something about the middle east.
I know index funds are different because they aren't actively managed, but they are still mutual funds. How much risk am I really taking on long term if I buy them? I'm looking at a long time horizon, about 30 years, but what is the risk that I will end up making no profit in 30 years?
I'm looking into buying US, CAD and International equities in the TD e-series.
I know index funds are different because they aren't actively managed, but they are still mutual funds. How much risk am I really taking on long term if I buy them? I'm looking at a long time horizon, about 30 years, but what is the risk that I will end up making no profit in 30 years?
I'm looking into buying US, CAD and International equities in the TD e-series.