If Warren Buffett Could Buy and Hold Only 1 ETF, Here's What History Says He'd Choose
There's one investment Buffett has recommended for decades.
Overview
Warren Buffett is famous for his stock picks, but his advice for the average investor is surprisingly simple: Invest in a fund that tracks the S&P 500 (SNPINDEX: ^GSPC).
There's a good reason the S&P 500 ETF carries Buffett's stamp of approval. Its long-term history is rock-solid, it offers ample diversification within a single fund, and with enough time, it could turn just a couple of hundred dollars per month into $1 million or more.
Details
Here's how to decide whether this investment is a smart fit for your portfolio.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.