Low Cost Index Fund Investing
This weekend, in Berkshire Hathaway’s annual meeting, Warren Buffett renewed his attack to hedge fund industry and suggested that individual investors (and many institutional investors too) stick to low cost index fund such as S&P 500 index fund (Vanguard’s 500 ETF VOO, for example). While we believe that in addition to cost, there are other important factors to consider, we agree that investing in low cost index funds is the way to go.
Though readers can find plenty of articles to discuss this, it is still worthwhile to point out the following:
First of all, even after many years’ campaign by people like John Bogle and Warren Buffett, investors still carry their inertia to continue to invest in expensive funds. For example, when it comes to S&P 500 ETFs, one can find several ETFs and no load mutual funds such as the following:
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