Kamal Lidder - How to Use Index Funds to Build Long-Term Wealth

Are you looking for a low-cost way to grow your money over time? Kamal Lidder , an experienced Wealth Advisor at Canaccord Genuity Wealth Management, explains how index funds can be a game-changer for your long-term financial success. What Are Index Funds and Why Do They Matter? Index funds are investment funds that track the performance of a specific market index, such as the S&P 500 or TSX Composite. Instead of trying to beat the market, they aim to match it. Here’s why index funds are worth your attention: Low fees compared to actively managed funds Broad diversification across many stocks or bonds Historically strong returns over the long term Minimal effort is required to manage them “Index funds give investors exposure to the market without the stress of stock-picking,” says Kamal Lidder. “They’re ideal for anyone who wants steady, long-term wealth building.” Why Index Funds Are a Smart Choice for Long-Term Wealth 1. Low-Cost Investing With High Potential One of the main ...