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Phillip B
@pfb
John Hritz
@jhritz
Legendary investor Warren Buffett said, “A low-cost fund is the most sensible equity investment for the great majority of investors.” He explains, “By periodically investing in an index fund, for example, the know-nothing investor can actually outperform most investment professionals.”
Vicki Robin, Joe Dominguez, Monique Tilford • Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
Schwab U.S. Large-Cap Growth ETF (SCHG) Indexed to: Dow Jones U.S. Large-Cap Growth Total Stock Market Index (230 or so of the largest and presumably fastest-growing U.S. firms) Expense ratio: 0.04 percent Average market cap: $335.8 billion P/E ratio: 40 Top five holdings: Apple, Microsoft, Amazon, Facebook, Alphabet Russell’s review: For the sake
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Andy began to read some investment books. He liked Benjamin Graham’s classic, The Intelligent Investor. Ben Graham taught at Columbia University. His best student was Warren Buffett, the man who many people consider to be the greatest investor of all time. Late in his life, Ben Graham also supported the index fund concept, much as Warren Buffett
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