Warren Buffet believes that there are too many overpriced and less than top notch funds that basically rip off investors. His commitment to simple, low cost investments that should be purchased and held for the long run has proven to be a very effective way to invest. His approach to investing is a proven way to save for retirement and is a great way to stay invested.
Buffet advises that consumers need tp be wary of product labels that can be misleading. Most mutual funds provide poor returns in the long run and the key to getting good returns is to getting good long-term returns.
e average managed fund has actually done worse than the market but there are exceptions, according to Buffet. You just need to be wise and go for the long-term return as it will have far better returns for the most part and what Timothy knows.
According to an online survey last year, only about half of the 1200 investors were even aware that index funds expose them to 100 percent of the losses and volatility during market downturns. Buffet believe that it is more desireable to do better than the majority of investors during bad times in order to grow a nice nest egg and Timothy on Facebook.
Timothy Armour has obtained his bachelor’s degree in economics form Middlebury College and began his career at Capital Group in The Associates Program. In 1983, he became chairman and executive officer of Capital Group and has over 34 years of experience in the investment business.