Warren Buffett Says Buy This S&P 500 Index Fund -- It Could Soar 156% by 2030, According to a Top Wall Street Analyst
Warren Buffett has served as the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company since 1965. He will step down from the role at the end of this year, capping off a spectacular run of success.Had you invested $1,000 in Berkshire stock when Buffett took the helm, it would have been worth $44.7 million at the end of 2024 thanks mostly to his incredible stock-picking ability. But he's a full-time professional, and he knows the average investor doesn't have the expertise to produce the same returns.Therefore, rather than buying individual stocks, Buffett has often encouraged investors to buy low-cost exchange-traded funds (ETFs) that track indexes like the S&P 500 (SNPINDEX: ^GSPC). The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the cheapest options, and he has specifically recommended it in the past. Continue reading
Warren Buffett has served as the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company since 1965. He will step down from the role at the end of this year, capping off a spectacular run of success.
Had you invested $1,000 in Berkshire stock when Buffett took the helm, it would have been worth $44.7 million at the end of 2024 thanks mostly to his incredible stock-picking ability. But he's a full-time professional, and he knows the average investor doesn't have the expertise to produce the same returns.
Therefore, rather than buying individual stocks, Buffett has often encouraged investors to buy low-cost exchange-traded funds (ETFs) that track indexes like the S&P 500 (SNPINDEX: ^GSPC). The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the cheapest options, and he has specifically recommended it in the past.
