One of the world’s richest investors, Mr. Warren Buffet has bet a staggering $1million for charity to achieve better investment returns compared to a group of hedge fund managers. This is through investing in an S &P 500 passive index fund. As it stands, Mr. Buffet is likely to make good returns.
Cushion Against Down Markets
The notion that passive index returns are the safest path to retirement is debatable since they do not provide a cushion against down markets. A survey conducted last year indicates that more than 1200 investors had the knowledge of how index funds exposed them to 100 per cent losses and volatility during market countdowns. However, any investor will agree that doing better than the crowd during bad times in the market is essential to growing their nest egg and learn more about Timothy.
Mr. Buffet noted that an investor who put $ 10,000 in the S&P 500 index 40 years ago would earn less than one a person who would invest the same amount with the best five active funds from the American Funds. However, most Americans are now in charge of their retirement. The discussion should be about real steps of making investors earn higher returns and peace of mind and Timothy on Facebook.
About Timothy Armour
Timothy Armour is the Chairman, Director, and Principal Executive Officer at Capital Research and Management Company. With his extensive experience, he has served as an Equity Investment Analyst at Capital covering global telecommunications and U.S service companies. Tim began his career in 1983 after joining Capital Group Companies Inc as a participant in the Associates Program.
Election as Capital Group’s Chairman
Timothy Armour was elected by the board of directors at Capital group to be the firm’s Chairman in July 2015. Tim, as popularly referred to, has been working together with the firm’s senior management committee in the communication and implementation of the Capital Group’s overall business strategies as well as overseeing operations.
Education and Work Experience
Tim went to Middlebury College for his undergraduate degree in economics. After graduating, he joined Capital group through an internship program and later secured a job as an investment equity manager, in charge of global telecommunications. He offered advisory management services to private investors. He got promoted to an equity portfolio manager until his election as the Capital Group’s Chairman and more information click here.
Partnership with Samsung Asset Management
Tim entered a deal with Samsung Asset Management in an attempt to expand his company’s portfolio. The deal is about the development of retirement solutions for Korean community. The Capital Group also will help the Korea-based company in the advancements of its investment capability and Timothy’s lacrosse camp.