Warren Buffet Places a Million Dollar Bet on S&P500 Index

There is nothing that is more discouraging than working tirelessly for decades in the hope that the little retirement money you are saving will help you later in life, then discovering that it might not be enough. This is the exact problem that faces a good percentage of the population, and entrepreneurial and investments experts like Timothy Armour have been looking for ways in which they can help people have an easier time making savings for their retirement.

With the number of investment options and alternatives increasing every day, getting the ideal mode of investment for one’s situation can be a little tricky sometimes. This is probably why the likes of Warren Buffet are rubbishing the conventional vehicles of investment such as hedge funds. The most recent thing that he has stated is that he is willing to bet a thousand dollars that he will make more money investing in another area other than then regular hedge funds. This is a claim that has been backed by Timothy Armour who agrees that the hedge funds are a total waste of resources. The investment in itself is too demanding on the clients and the returns are marginal and more information click here.

As a matter of fact, Tim Armour has also joined Warren in Recommending that other investment vehicles such as The S&P500 index, it will be possible to make the same amount of money that is being made by the other investment types, the only difference is that it will come at a smaller cost to the investor and resume him.

About Tim Armour

Timothy is the CEO of the Capital Group of Companies. He graduated from the Middleburg college where he studied economics. He is now 55 and has been living in Los Angeles with his family. His first work experience was with the associates program of the Capital Group of Companies. For the past three decades, he has been working in the world of investment.

He had understood enough about the business to give sound advice about investing to people who seem stuck in the wrong investment choices. He has worked with the capital group for the past three decades and during this time, he has made their public portfolio better than any other leader has even managed to and learn more about Tim.

More visit: https://littlesis.org/person/51109/Timothy_D_Armour

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