Tim Armour wrote a commentary piece for CNBC adding his own perspective on what Warren Buffet says about investing. Buffett’s piece of investing advice that many investment managers can agree on is invest in low cost and simple funds for the long term. It is also noted that is the best motivating Americans to invest for retirement. However, it isn’t about whether the investment is passive or active because passive index returns are not immune to a down market. One of the key measures of success in the market is doing better than the average in a down market. This is key to growing your next egg. It is impossible to predict the market. Investing in actively managed funds, if they meet the criteria above, is a way to diversify your investments wisely. There are two simple ways to lower your risk even further, finding low cost funds and funds that fund managers invest large amounts of their own money in.
Capital Group is home of American Funds has 653 years of investing experience among their 18 equity funds. Fund managers can help you to make smart decisions about investing and retirement. The key is to do your homework and research both management groups and the market.
Tim Armour is the CEO and chairman of Capital Group. He has over 34 years of investing experience. He was an equity investment analyst early in his career. His career started at Capital as an intern in The Associates Program. All of his investing experience is with Capital Group. Mr. Armour received a bachelor’s degree in economics for Middlebury College. Tim Armour give important advice investors by finding active managers that will earn their keep. What is basically saying is find fund managers that research and analyze companies to gain insight to how well they will perform in the future market to learn more: https://www.americanfunds.com/individual/news/senior-management-changes.html click here.