This Warren Buffett Index Fund Could Turn $400 Per Month Into $868,200
Warren Buffett is one of the most successful investors in U.S. history. Under his control, Berkshire Hathaway shares have returned about 20% annually since 1965. And brilliant investments engineered by Buffett played an important role in that shareholder value creation.Naturally, Buffett has become a popular source of inspiration for individual investors, and he has consistently advocated the same strategy. "Over the years, I've often been asked for investment advice," he wrote in his 2016 shareholder letter. "My regular recommendation has been a low-cost S&P 500 (SNPINDEX: ^GSPC) index fund."Investors can follow that advice by owning shares of the Vanguard S&P 500 ETF (NYSEMKT: VOO). And that strategy could turn $400 invested monthly into $868,200 over 30 years. Here are the important details.Continue reading
Warren Buffett is one of the most successful investors in U.S. history. Under his control, Berkshire Hathaway shares have returned about 20% annually since 1965. And brilliant investments engineered by Buffett played an important role in that shareholder value creation.
Naturally, Buffett has become a popular source of inspiration for individual investors, and he has consistently advocated the same strategy. "Over the years, I've often been asked for investment advice," he wrote in his 2016 shareholder letter. "My regular recommendation has been a low-cost S&P 500 (SNPINDEX: ^GSPC) index fund."
Investors can follow that advice by owning shares of the Vanguard S&P 500 ETF (NYSEMKT: VOO). And that strategy could turn $400 invested monthly into $868,200 over 30 years. Here are the important details.
