Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

why do you think people, like warren buffett, suggest young people invest in index funds like the s&p 500 for a long period of time instead of investing in individual stocks?

Sagot :

According to Buffett, his will directs that 90% of the money be invested in a low-cost S&P 500 index fund, with the remaining 10% going into short-term investments.

Why would I want to invest in a fund that tracks the S&P 500?

Some of the lowest expense ratios on the market are found in S&P 500 index funds. Even if you don't choose the cheapest fund, index investing is already less expensive than practically any other type of investing. Many S&P 500 index ETFs have yearly fees under 0.10 percent.

Warren Buffett enjoys investing for what reason?

Over the course of his life, Buffett's net worth has significantly increased, particularly in the last 20 years as the effects of compounding took hold. Buffett had a fascination with money and acquiring it at a young age.

To know more about investing individual stocks visit:-

https://brainly.com/question/6786326

#SPJ4