Passively Managed Fund

A passively managed fund simply put means no one is really 100% totally responsible for your funds performance as they are with an actively managed fund.

The best example of a passively managed fund is an index fund. These funds simply mirror the stocks held in whatever particular index they are tracking; therefore, they are considered to be passively managed. These funds also tend to be less expensive to own.

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Return from Passively Managed Fund to Index Fund Investing

Budget Spreadsheet:

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Emergency Funds:

Before you ever invest in stocks or other risky investments you should have an emergency fund in place. A great place to keep an emergency fund is ING Direct.