Gen-X, Millennials and the Generation Z are all living in a generation that is experiencing wealth creation.
In the past, people would have to work for years and years before they could even think about retiring. Now, with the advent of index funds, it is possible for anyone to invest their money and see a return on their investment.
Index funds are an investment strategy that uses a pool of funds to purchase stocks from various companies. This means that you can buy one share of an index fund which has invested in thousands of other shares across many different companies. This allows you to diversify your portfolio without having to buy individual stocks or bonds. Since there are so many different types of indices available, you can choose one that matches your risk tolerance and goals perfectly.