I'm 24 years old, and I am thinking of starting to invest in index funds or ETF. I don't really have experience investing, but I've read a few books and articles, and I understand the basic principle of investing is to evaluate the worth/value of a company first by looking at its balance sheets/financial statements or reports, then buy low and sell high.
But how does one go about it for an index fund or ETF? How would you know if its current price is overvalued or undervalued, if it's possible to know?
Thanks for all the advice.
Submitted May 07, 2018 at 04:39PM by mxu518 https://ift.tt/2wolKz4