Why Index Funds are awesome: e.g. The US S&P 500 Index

Index funds are passive investment vehicles, they track the whole index.

e.g. $10,000 (a lot of money) invested in the US Stockmarket, the Standard & Poors 500 Index in 1942.

today, that $10,000 investment, on 11th March 1942 (the date that Warren Buffett bought his first stock) would be worth…..

$51,000,000

Yes, $10,000 dollars turned into $51 MILLION dollars.

Index funds are beautiful.

Leave a Reply

Your email address will not be published. Required fields are marked *