| Well the market is pretty much doing nothing right now, good or bad so it's probably not a good idea to invest in an index fund. Index funds are based off the overall index of, for example the S&P500, meaning that if that overall market moves up you make money, if it moves down you lose money. An index fund is more stable than a mutual fund and less risky than a mutual fund, but you play into the risk/reward. More risk with a mutual fund = more potential gain.
If you're looking for just a couple years investment you might wanna take a look at money market accounts, which are more short term investments. |