If you haven’t heard of Warren Buffet yet, you’re about to be surprised by his million dollar bet. He wagered a couple of mutual funds of investment that he would be able to out perform them just investing in one thing, S&P 500 indexes. Warren says that most mutual funds don’t know what they are doing or make money overcharging in fees. With over decades of Tim Armour’s knowledge of education and experience, mr.Buffet has felt it was time to share some tips for small and big investors alike to learn more: https://www.thecapitalgroup.com/our-company/management-team.html click here.
One of the main things he enforces is the time you take to do your research. This was one of the first things Warren did when he started, diving into various financial companies looking for the right one to put his money on. He pointed out that if they are willing to put their own currency to invest with you, then the chances of losing money are lowered. While some people will tell you to be passive with your investments and don’t exchange or sell, it actually doesn’t matter. One of the things Warren looks at isn’t how many times you buy and sell, it’s about how much you made in the end. He tells us to always keep in mind that the marketplace is always changing, there’s no set trend that you can look out for. Even the safest investors can lose money on passive and active indexes fund when the market goes down.
Tim Armour is a chairman of Capital Group. Tim Armour made his way into the associates program with his bachelors in economics and spent over thirty years with the company. Group Capital and Samsung Asset Management partnered up to help investors in Korea, where Tim said himself will give Korean institutions and individuals opportunities just like they have in the United States, bringing people and their investment goals closer.