Index shares are a type of investment that tracks a specific market index, such as the S&P 500 or the FTSE 100. They offer a convenient and cost-effective way to diversify your portfolio and gain exposure to a broad range of stocks.
There are many benefits to buying index shares. First, they are relatively low-cost. Index funds typically have lower expense ratios than actively managed funds, which means that you will pay less in fees. Second, index shares are diversified, which means that they are less risky than investing in individual stocks. Third, index shares are a passive investment, which means that you do not need to actively manage them. You can simply buy and hold them for the long term.