Reported about 23 hours ago
Warren Buffett believes in the potential of American companies and recommends investing in a low-cost S&P 500 index fund, like the SPDR S&P 500 ETF Trust (SPY), to achieve solid returns over time. By investing $300 monthly in this ETF, consumers could see their investment grow to over $1 million in 35 years due to compounding returns. The article highlights Buffett's faith in the U.S. economy and the performance of major tech companies contributing to the S&P 500, while noting the importance of balancing ETF investments with individual stock picking for optimal growth.
Source: YAHOO