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The best way to get the most out of your money is by investing in index funds or ETFs.

You can start with as little as $50 and use a robo-advisor like Wealthsimple, which will manage your portfolio for you.

When it comes to investing, there are two main options: active management (where an investment manager picks individual stocks) and passive management (where you buy into an index fund that tracks the market). The latter option has been shown time and again to be more effective than the former—and yet many people still choose actively managed mutual funds over their cheaper counterparts. Why? Because they’re easier
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