Warren Buffett's Top Index Fund Pick for Long-Term Growth

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Source: The Motley Fool
Warren Buffett's Top Index Fund Pick for Long-Term Growth
Photo: The Motley Fool
TL;DR Summary

Warren Buffett recommends the S&P 500 index fund as a reliable investment for most people, highlighting its diversification, strong stock collection, and historical resilience. Investing $200 monthly in this fund could potentially grow to $227,000 over 30 years, assuming a 7% annual return. Buffett's endorsement stems from the fund's ability to outperform hedge funds and its suitability for long-term wealth building without requiring extensive financial expertise.

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