Warren Buffet has bet a million dollars that he will get a better investment return than some hedge fund managers by simply investing in an index fund and by the looks of it, Buffet is going to come out on top.
According to Buffet, there at just too many expensive funds and funds that are just not up to par that actually rip off investors. Buffet believes that the best way to go is with low-cost and long-term funds that will pay off in he long run. His approach to investing has been proven to be successful over the decades.
It’s a good strategy for investors to be cautious of product labels and to seek out good long-term investment returns. If you want to get a good investment, you need to keep your costs very low and what Timothy knows.
Although trillions of dollars have gone into passive investments, only about half of the 1200 investors surveyed online in the past year have been aware that index funds expose them to his risk and losses during downturns and read full article.
Buffet strongly advises to do better than the crown during downturns and to grow your nest egg over the long-term stretch.
Timothy Armour has been with Capital Group since 1983 and is the chairman and chief executive officer. He is also the equity portfolio manager. Armour achieved his bachelor’s degree in economics from Middlebury College and he began at Capital Group as a participant of The Associates Program and now has over 34 years of investment experience.
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