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I am 100% invested in the Vanguard Index 500 fund. I put $100,000 in it today. I never invest another dime. How is that money going to grow if I never sell some to lock in a profit? Please unconfuse me. ;-)

You buy $100,000 worth of shares. As the value of the fund changes, so does the value of the shares you own. The theory is that the index will always go up over time.
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