What is a “market index?" According the SEC, a market index tracks the performance of a specific "basket" of stocks considered to represent a particular market or sector of the world stock market or the economy.
There are indices for almost every conceivable sector of the economy and stock market.
USAA Certified Financial Planner, Scott Halliwell, does a great job in this video of giving a more thorough explanation of a market index with some examples.
We know the title sounds a bit sexist, but we just can't help it...because it's true! We also know this is VERY late in posting, but we really just learned about these projects a couple weeks ago. If you're looking for a great way to get out of the house and help your community, check out the Home Depot Foundation. The pictures below are from a recent stop here in San Antonio where they helped rehab an old VFW just north of town. We look forward to working with them in the future to help spread the word for next year's activities. Until then, if you're in one of these cities...get off your butt and go help!