Warren Buffett has recommended the same investing approach for decades, famously saying that virtually all investors should own a low-cost S&P 500 index fund. The business icon's advice continues to pay off with the S&P 500 hitting a new high on Tuesday. Buffett has said his approach avoids high fees and doesn't require investing smarts or hard work. In his 2017 letter to shareholders, he wrote that his regular recommendation has been a low-cost S&P 500 index fund.
Related Articles
Don't miss out on breaking stories and in-depth articles.