Index funds

When I talk with people who ask for advice on where to put their money I always suggest some type of index fund. I know it isn't sexy or excititng, but I don't think you can beat them. I found this on another investment blog, about a nobel prize winner who articulates the case for these funds much better than I ever could. http://www.freemoneyfinance.com/2007/05/nobel_prize_win.html.