The father of index funds, John C. Bogle, has a saying:

“Don’t look for the needle in the haystack. Just buy the haystack.”

In Chinese, it is: Don’t look for the needle in the haystack, just buy the whole haystack.

The meaning is to not try to guess which stock, which fund manager, or which project will become a super winner; for ordinary people, a more reliable way is to buy the entire market with low-cost index funds, allowing a few winners to naturally be included in your portfolio.

There is a whole stack of hay in Binance’s announcement!

So what will the new product announced on June 1 be?

U.S. stocks? S&P 500? QQQ? Total market index fund? Low-cost ETF? Or something for everyone?

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