Warren Buffet wagered a sum for charity $1 million to be exact, that he could get a better return for his investment than some group hedge fund managers by investing in a passive index fund. So far, it looks like Buffest will gain a return and more information click here.
Warren Buffet believes tat there are too many overpriced and less than ideal funds that shortchange investors. He believes tat it is far better to go with investments that are low cost and are in it for the long run. His bottom-up investing approach seems to g=be working and has been proven over many decades. Buffet has shared some gems of his wisdom in a recent shareholder letter and stresses the importance of getting and staying invested and learn more about Timothy.
The key is to be wary f product labels and to keep costs low. It’s a good idea to invest with a fund manager who is as equally invested as well. Passive index returns have been previously thought to be a safe bet for retirement planning but they have been proven to provide no cushion if the market falls. Markets can always turn and it is better to get a better investment return in the long run than try to do better than the current market.
There is no set of rules to follow when it comes to getting a great return for your investment but if you keep your expenses low you are on the right track to getting a great return for your investment. Any fees or expenses will eat away at your investment over time so you want to keep those to a minimum and resume him.
Timothy Armour has been in the investment business with Capital Group for over 34 years. He is the chairman and chief executive officer of Capital Group and was previously an equity investment analyst at Capital Group. He also covered global telecommunications and service companies in the United States. He started his successful career in The Associates Program and holds a bachelor’s degree in economics. He obtained his degree form Middlebury College. Tim Armour is now based ut of Los Angeles .
More visit: https://www.crunchbase.com/person/tim-armour