Passive Investing

Passive investing is an investment strategy that aims to replicate the returns of a specific market index, such as the S&P 500. This is typically achieved by investing in index funds or exchange-traded funds (ETFs) that hold all or a representative sample of the securities in the index.

Passive investing is characterized by low fees, low turnover, and a buy-and-hold approach. It's based on the belief that it's difficult to consistently outperform the market over the long term.

Passive investing has become increasingly popular in recent years due to its simplicity, cost-effectiveness, and diversification benefits.