The reasons why it is not recommended for novices to buy index funds may be due to the following points: 1. Lack of active management: Index funds do not perform active stock selection or market timing operations.

This means that under certain market conditions, index funds may not have the opportunity to outperform the market average.

Other types of funds may be more suitable for investors if they seek higher risk-adjusted returns or wish to achieve excess returns through individual stock selections.

2. Market fluctuation risk: Like any stock investment, index funds are also exposed to market fluctuations and risks.

Severe market fluctuations over short periods of time may cause a portfolio to decline in value.

Therefore, investors should have a long-term investment concept and remain calm during market adjustments.

3. Personal investment goals: Investment choices should be determined based on personal investment goals, risk tolerance and time frame.

Index funds can be an effective tool if the investor has a higher risk tolerance and a longer investment time horizon.

But if an investor has a more specific investment objective, such as pursuing growth opportunities in a particular industry or country, then other types of funds may be more suitable for the investor.

But in fact, index funds are one of the best choices for novice investors.

Index funds have the following advantages: 1. Simple and easy to understand: The investment strategy of index funds is very simple and aims to track the performance of a specific market index.

For newbies, it's relatively easy to know and understand basic market indexes, making it easier to grasp how index funds work.

2. Diversify risk: Index funds usually invest in multiple stocks or other assets that track a specific market index.

By diversifying, investors can reduce the risk of a specific stock or industry, resulting in a more balanced portfolio.

3. Low management fees: Index funds usually have lower management fees than actively managed funds.

This is because the investment strategy of index funds is relatively simple and does not require frequent transactions and high research costs.

For novice investors, low fees can help boost long-term returns.

4. Good long-term performance: Over the long term, many index funds perform better than most actively managed funds.

This is because most actively managed funds cannot consistently outperform market indexes, and the goal of index funds is to track the performance of market indexes.