Buying stock market indexes

johnybravo

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I have just read Mark Shipman's book 'Big Money Little Effort'. I am interested in following his idea of buying indexes when they are in the way up(obviously!).What I need to need to know is how to buy into these indexes e.g. S&P 500, leave my money in there while it rises and then bail out when I think it taking a downturn.I haven't the skills to buy individual shares and I don't want to commit my money to somebody like Eagle Star and have the most of it eaten up in fees etc.Thanks.
 
New Ireland and Irish Life also market index-tracking funds, as do others. The other option is ETFs. here on Askaboutmoney.
 
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