Overview

• Yahoo Finance reports Buffett urges most individual investors to skip stock picking in favor of broad market exposure through an S&P 500 fund.
• He highlights Vanguard’s S&P 500 ETF (VOO), which tracks 500 large U.S. companies and carries a 0.03% expense ratio.
• A regular monthly investing plan is emphasized to avoid the need to time the market.
• The article models that $1,000 invested each month could grow to roughly $264,000 over 10 years, based on return assumptions used in the report.
• Vanguard oversees about $11 trillion, the S&P 500’s top weights include Nvidia, Microsoft, and Apple, and the index returned 304% over the past decade, though past results do not guarantee future performance.