This Warren Buffett-Approved Investment Could Turn $300 Per Month Into $1 Million

Investors often turn to Warren Buffett for investment inspiration for one good reason: The billionaire, at the helm of Berkshire Hathaway, has helped drive market-beating gains for 59 years. Over that time period, the holding company has delivered a compound annual increase of nearly 20%.That's compared to a compound annual gain of about 10% for the S&P 500. This is thanks to Buffett's stock-picking skills, but the Oracle of Omaha, as he's often called, also points out that investing in the S&P 500 is a wise move.Though he's outperformed the index, he likes betting on the benchmark as a whole since it has offered investors solid returns over the long run. And due to the strength of its companies, it's likely to continue along that path.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool