Want Decades of Passive Income? Buy This Index Fund and Hold It Forever
Sunday, Dec 29, 2024 9:00 am ET
1min read When it comes to the stock market, many investors are drawn to the allure of high returns and the potential for quick wealth. However, for those seeking a more stable and long-term approach to generating passive income, index funds can be an excellent choice. Today, I want to highlight one of the best index funds for long-term passive income: the Fidelity ZERO Large Cap Index Fund (NASDAQMUTFUND:FNIL.X). Let's dive in and explore why this fund is an ideal choice for investors looking to secure decades of passive income.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
