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Warren Buffett Swears by This 1 Index Fund (and It Could Help Make You a Millionaire)

TheMotleyFool

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Warren Buffett Swears by This 1 Index Fund (and It Could Help Make You a Millionaire): https://g.foolcdn.com/editorial/images/721686/warren-buffett-5.jpg

Warren Buffett is one of the most famous and successful investors in the world, so when he gives advice, it often pays to listen.

While everyone's investing strategy will differ based on personal preferences, there's one type of index fund that Buffett has long recommended. This fund can fit into any portfolio, it requires next to no effort on your part, and it could even help you become a millionaire: the S&P 500 index fund.

An S&P 500 index fund follows the S&P 500 itself, containing the same stocks as the index and mirroring its long-term performance. This index has high standards, so the companies in the S&P 500 are some of the largest and strongest organizations in the U.S.

Source Fool.com

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