Warren Buffett Says Most Investors Should Buy This Brilliant Index Fund. It Could Turn $500 Per Month Into $986,900.

Warren Buffett is one of the most successful investors in American history. Under his leadership, Berkshire Hathaway stock has advanced 5,900,000% during the last six decades, while the S&P 500 (SNPINDEX: ^GSPC) has returned about 43,000%. That makes Buffett a reliable source of inspiration, and he has regularly advised that investors buy an S&P 500 index fund."Over the years, I've often been asked for investment advice," Buffett wrote in his 2016 shareholder letter. "My regular recommendation has been a low-cost S&P 500 index fund." There are several funds that satisfy that description, but Buffett has specifically recommended the Vanguard S&P 500 ETF (NYSEMKT: VOO).This advice could turn $500 per month into $986,900 over 30 years. Here's what investors should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool