Warren Buffett Says Buy 1 Vanguard Index Fund -- It Could Turn $500 Per Month Into $986,600

Warren Buffett, who six decades ago took control of Berkshire Hathaway, has earned a reputation as one of the greatest investor in American history. And he has consistently given the same advice: Buy an index fund that tracks the S&P 500 (SNPINDEX: ^GSPC)"In my view, for most people, the best thing to do is to own the S&P 500 index fund," Buffett told attendees at Berkshire's annual meeting in 2021. He has specifically suggested the Vanguard S&P 500 (NYSEMKT: VOO).Following that advice could turn $500 invested monthly into $986,600 over 30 years. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool