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Ep19: Warren Buffett’s Best Investment Advice
Never depend on a single source of income
In this podcast, we talk about Warren Buffett’s best investment advice – which is to dollar cost average into a low-cost S&P500 Index Fund over time.
We will cover:
* What is an index fund
* Why the S&P500?
* What is dollar cost averaging?
* Specific Buffett quotes from the Berkshire Hathaway Annual Report
* What this means for you
In another podcast, we’ll address specific share classes of the Vanguard S&P500 index fund and dive deeper into differences between the various ways you can invest in the S&P500 – and what the pros and cons of each method are.