Reported 4 months ago
Warren Buffett, known for his successful investments, recommends investing in an S&P 500 index fund like the Vanguard S&P 500 ETF as a way to build wealth steadily over time. By investing $350 monthly, history suggests one could amass a portfolio worth $903,800 in three decades. The fund provides exposure to a diversified range of U.S. companies, including those well-positioned to benefit from artificial intelligence, such as Microsoft, Apple, Nvidia, Alphabet, and Amazon. With an expense ratio of just 0.03%, the index fund offers a cost-effective and straightforward method to grow wealth.
Source: YAHOO