Warren Buffett Recommends This Magnificent Index Fund. It Could Turn $500 Per Month Into $986,900
Warren Buffett is one of the most accomplished businessmen in American history. Under his leadership, Berkshire Hathaway returned 19.8% annually to shareholders between 1965 and 2023, nearly doubling the return of the S 500 (SNPINDEX: ^GSPC). Meanwhile, Buffett amassed a fortune worth more than $127 billion.
Most of that money is invested in Berkshire Hathaway, but Buffett has never recommended the stock. Instead, he believes most investors should periodically purchase shares of an S 500 index fund. "I recommend the S 500 index fund, and have for a long, long time to people. And I've never recommended Berkshire to anybody," Buffett told attendees at Berkshire's annual meeting in 2021.
Investors should pay attention. That advice could turn $500 per month into $986,900 over the next three decades. Here are the important details.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.44% for Berkshire Hathaway Inc. A compared to the current price of 605000.0 €.
