Warren Buffet is known to be one of the most successful investors and businessmen of all times. In a recent move, he challenged $1 million in charity saying that he can make more money by investing in S&P 500 passive index fund than by investing in the expensive hedge funds. It is not easy to find a sure shot way as to which investment medium would provide the significant returns as both funds as well as passive index funds has provided free returns over the years.
It is hard to say, which the better of them both is. However, the current market situation suggests that people should start investing in their future and have an extensive retirement planning. The best way to do is to consult a financial expert and diversify the investment to ensure stability in the investment portfolio. Warren Buffet is of the opinion that it is high time that Americans start focusing on their savings and have a retirement planning in place to ensure they have enough during rainy times.
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Tim Armour, CEO, and Chairman, of Capital Group, have 34 years of experience in the finance and investment sector. He has helped Capital Group expand its business operations globally and back the opinion of Warren Buffet about retirement planning. Tim Armour also helped Capital Group work in collaboration with the Samsung Asset Management to expand the company’s operation in South Korea. He has done his graduation in economics from the highly reputed Middlebury College. Tim Armour is also the chairman of Capital Group Companies Management Committee.
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