Warren Buffet: Why Index Funds are Amazing

In the 20th century, the United States of America endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

Just over 20 years later, today the Dow is now at over 31,000 points.

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