Top Analysts Feel Its Time Americans Start Taking Savings Seriously

Standard

Warren Buffett recently wagered $1 million saying that he can make more money by investing in S&P 500 index fund than by investing in expensive funds, and it looks like Warren Buffett would win this challenge. It is true that the market is filled with many expensive funds that have low manager ownership and high expenses, which wasn’t the case earlier. However, it cannot be only said that passive funds are better than other expensive funds out there that are equity linked. Warren Buffett is one of the leading investors in the world, and his theory of making simple investments for long-term is a strategy that is followed by the majority of the investors worldwide.

He believes that no matter which path of investment one chooses, it is essential that people do a thorough analysis of the concerned investment tool as well as follow the market trend to get a proper insight. He says that people should start investing for a better future and must take retirement planning seriously. As the world has evolved and the way investments are made has changed, it only makes sense to start investing early for long-term wealth creation.

Read more on Medium.com.

Tim Armour is one of the most active fund managers in the world and is the chairman of Capital Group, which is the home of American Funds. Tim Armour has helped Capital Group’s global expansion and became the chairman of the group after the previous chairman was deceased.

He has helped the firm gain major accounts worldwide, including collaboration with the Samsung Asset Management of South Korea, where Capital Group helped devise and market financial and retirement planning tools for the company.

Learn more about Timothy Armour: https://www.business.com/advice/member/p/timothy-armour/

Leave a Reply

Your email address will not be published. Required fields are marked *