#31: The Finance Flash Go Podcast | Important Topics About Money | VTSAX

Welcome to another episode of the Finance Flash Go! podcast. On this episode, we’ll talk about VTSAX. Confused? Well, tune in! VTSAX is an index fund offered through the brokerage Vanguard. But before we even get into that, a refresher on stocks and index funds. Over the long term, the overall stock market has always gone up. If you put money in the overall stock market at any point in history and just did nothing and kept it there for 20 years, you would have made a lot of money. This is largely what you are doing by investing in broadly diversified index funds. For example, the brokerage Vanguard (my favorite for its low costs and ease of use) has an index fund of every stock in the entire U.S. stock market, VTSAX. Buy that index fund and you own the next Enron, but you also own the next Apple. And everything in between. This is a safe bet. Over time, you will enact a system of rebalancing your accounts to ensure you always buy low, sell high, and profit from the margin. VTSAX is an index fund representative of the entire US stock market. It is often considered the ultimate index fund as it is broadly diversified and built for the long-term. It’s a great way to invest your money. Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected], and please be sure to check out Jordan Frey’s blog prudentplasticsurgeon.com where he gives great financial advice. A brief disclaimer While we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner’s responsibility to due their due diligence before making important financial decisions. We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!