Before you can invest in the stock market by buying a low-fee index fund, you’ll need to do some paperwork and find a brokerage account to buy shares of the mutual fund or exchange-traded fund.
In this clip from Industry Focus: Financials, The Motley Fool’s Gaby Lapera and Jordan Wathen discuss everything you need to buy an index fund and why an index mutual fund may be a better option for the average person than an index ETF.
A full transcript follows the video.