Warren Buffett Says Buy This S&P 500 Index Fund -- It Could Soar 156% by 2030, According to a Top Wall Street Analyst

Warren Buffett has served as the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company since 1965. He will step down from the role at the end of this year, capping off a spectacular run of success.Had you invested $1,000 in Berkshire stock when Buffett took the helm, it would have been worth $44.7 million at the end of 2024 thanks mostly to his incredible stock-picking ability. But he's a full-time professional, and he knows the average investor doesn't have the expertise to produce the same returns.Therefore, rather than buying individual stocks, Buffett has often encouraged investors to buy low-cost exchange-traded funds (ETFs) that track indexes like the S&P 500 (SNPINDEX: ^GSPC). The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the cheapest options, and he has specifically recommended it in the past. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool