I recently spoke with a friend who put all his money for long term investing into a S&P 500 index fund and no longer works with a personal finance manager. He did this after reading about Warren Buffets investment bet: https://www.fool.com/investing/2017/02/26/warren-buffett-just-revealed-the-best-investment-m.aspx
Curious now, I spoke with my personal finance manager and he didn’t agree. He’s also making money based off his management of my money.
I’d be interested to see what everyone else thinks of this investment option? Could you put everything in S&P 500 funds and save on the personal finance manager fees?
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