Warren Buffet has recently waged a million dollar charity bet for national investors. With strong beliefs and a lifelong track record of positive investments, Warren believes he holds the key to substantially sound financial investment growth. By simply investing in smaller amounts and holding onto investments for a longterm period.
Simple investments would ensure a greater return based on Warren’s logic. The details of the million dollar wager includes Warren investing in S&P passive index fund.
While many investors disagree, some have voiced their opinions on the overall theory. Tim Amour has garnered attention in recent news with his perspective on Warren’s approach. Tim elegantly explained the market turnings involved in profit gross and loss in today’s society. Tim also took time to clarify the fine details of the S&P index fund investments.
According to Tim, any individual who invested 10,000 dollars in S&P index funds 40 years ago would currently be sitting on half of a million dollars. However, individuals who invested in top performing American Funds would have accumulated even more financial growth. Tim noted that there are no magical inventions to determine which funds will outperform. According to Tim, investors can not single handedly identify exceptional fund managers before hand.
With most baby boomers retiring, we are in the midst of the 401K generation. Young adults are seeking financial security for future retirement efforts. As the market continues to turn, many young adults are worried about their retirement funds.
Tim Armour currently serves as CEO and Chairman of Capital Group investment firm. With over 30 successful years of financial investment, Tim is regarded as one of the most knowledgeable voices in the industry.