Warren Buffett's Investing Advice Could Make You a Stock Market Millionaire
Warren Buffett bought his first stock 80 years ago at age 11, starting a journey that would eventually make him a Wall Street legend. Over the years, Buffett has exercised his considerable business acumen to build Berkshire Hathaway into one of the largest companies in the world, something he accomplished through shrewd investments and discerning acquisitions. Buffett also banked more than $100 billion along the way.
Given his track record, it's not surprising that investors frequently turn to Buffett for advice. They study his shareholder letters, scrutinize his portfolio, and show up to hear him speak at the annual Berkshire meetings. Of course, Buffett has offered up countless pearls of wisdom in his time, but one particularly important piece of advice is often overlooked.
Namely, Buffett has regularly recommended a low-cost S 500 index fund as the "most sensible equity investment" for the great majority of investors. Here's why that advice is worth following.
Source Fool.com
Berkshire Hathaway Inc. A Stock
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