Warren Buffett Recommends This Vanguard Index Fund. It Could Turn $450 Per Month Into $888,200.

Warren Buffett over the years has guided Berkshire Hathaway to enormous success. It was a doomed textile operation in 1965, but has since evolved into a trillion-dollar company under his leadership. Consequently, Buffett has become a trusted source of inspiration for countless investors.Buffett reminded attendees at Berkshire's annual meeting in 2020, "In my view, for most people, the best thing to do is to own the S&P 500 (SNPINDEX: ^GSPC) index fund." He has frequently repeated that advice, and has even suggested the Vanguard S&P 500 ETF (NYSEMKT: VOO).Here's how that advice could turn $450 invested monthly into $888,200 over 30 years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool