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

Warren Buffett has always strongly believed in two things: the strength of American companies and the benefits of long-term investing. And if you put these elements together, you can construct an investing strategy that's likely to score a win. But first, let's consider why we should listen to the billionaire.At the helm of Berkshire Hathaway, Buffett has proven his investing excellence for 59 years. During that time, he's helped generate a compounded annual gain of almost 20%, surpassing the 10% compounded increase of the S&P 500 index. Throughout that time, Buffett encountered a range of market environments, from times of exuberance to recessions and market crashes. Yet, he's scored a major long-term win, and that's why it's a great idea to consider his investing advice.So, how can you use those two Buffett beliefs I mentioned above to reach your own investing victory? Part of the plan involves buying shares of a Buffett-approved Vanguard fund, and the other part involves a steady, long-term commitment to it. Let's check out how you could potentially turn $300 per month into $1 million.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool