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WKN DE: 931020 / ISIN: US7135693098
13.07.2025 09:55:00
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Warren Buffett Says Most Investors Should Buy This Vanguard Index Fund. It Could Turn $500 Per Month Into $1 Million.
Warren Buffett took control of Berkshire Hathaway in 1965. It started as a small textile operation but has since become a trillion-dollar company due to Buffett's knack for investing. Berkshire stock has returned 20% annually for six decades under Buffett's leadership, while the S&P 500 (SNPINDEX: ^GSPC) has added 10.4% annually.Nevertheless, Buffett has never recommended Berkshire stock, but rather has consistently told investors to stick with a specific index fund. "Over the years, I've often been asked for investment advice," Buffett wrote in his 2016 letter to shareholders. "My regular recommendation has been a low-cost S&P 500 index fund."Several investment products satisfy that description, but Buffett has specifically suggested the Vanguard S&P 500 ETF (NYSEMKT: VOO). Following his advice could turn $500 per month into $1 million over 30 years. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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