Warren Buffett is a financial expert. He has helped millions of people learn a lot about investment world and about the opportunities that they will have if they work to make things better for themselves. He is a self-made billionaire and has been able to make his business huge over the years that he has been working on it. He started at a young age and is now regarded as one of the smartest and wealthiest investors in the world. Because of this, many people take his investment fund advice very seriously and will always choose to use that over other advice that they have received. Tim Armour warns against this because he wants people to make sure that they are getting the true best investments. The majority of Buffett’s investment advice is good and works well but some of it may not be the best for the average American who is considering doing something different with his or Armour retirement fund.
Tim Armour knows that the index fund market is constantly changing. It is not stable and it can be complicated to understand. For this reason, he rejects Warren Buffett’s advice of putting retirement savings into an index fund market to earn more money on it. Instead, he suggests investing it in a traditional way or not investing it at all. By making sure that you do these things, you will protect your retirement. You may not have the potential of earning as much on it as you would with an mutual index fund but you will be able to not have as high of a risk.
Tim Armour is currently the CEO of the Capital Group. At the company, he works to help people figure out which investments will be the best for their needs. Tim Armour also runs the company by managing many other people. He started out in a lower position as a portfolio manager. Since then, he has increased the things that he has done in increments. He also sits on the board of the company as one of the chairmen to help make major decisions about the Capital Group.