[lucb1e]

Regarding differentiating index funds, what are those? When ducking "differentiating index funds", I find results about index funds versus ETFs (afaik an ETF is just a stock) or index funds versus mutual funds (not sure what those are). Are ETFs and mutual funds what you mean by differentiating index funds, or am I looking at the wrong thing?

> Also insurance companies are basically bookies.

Hehe yes, it also occurred to me that being in a car accident is basically winning the insurance lottery that car owners pay into.