Advice

What an index fund is and why you should have one

By Noel Whittaker: Money
Updated April 22 2022 - 5:41pm, first published 3:00pm
Why is an index fund better than keeping your cash in the bank to build interest. Picture: Shutterstock.
Why is an index fund better than keeping your cash in the bank to build interest. Picture: Shutterstock.

Interest rates may be on the rise, but a total rise of over three per cent is hard to conceive and would be of little use to anyone who is trying to exist on bank interest.

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