Posted 1/7/2024, 11:00:00 AM
Buffett's Advice: Put 90% of Your Money in an S&P 500 Fund and Let it Grow
- Warren Buffett recommends putting 90% of your investments into an S&P 500 index fund, which tracks the 500 largest U.S. companies
- The S&P 500 has a long-term average annual return of 9%
- Investing in the S&P 500 takes the guesswork out of stock picking and reallocates your investments automatically
- Two easy ways to invest in the S&P 500 are with the Vanguard 500 Index Fund or the SPDR S&P 500 ETF
- The S&P 500 has proven to be a simple and effective way to build wealth over time, which is why even Buffett wants his money invested in it