CEO of Capital Group Talks About How to Save for the Future

Warren Buffet has wagered $1 million that he could come up with a better return on his investments returns than a group of hedge fund managers by just investing his money in the S&P 500. It turns out that Buffet was correct! That bet for certain will be determined later this year, and so far Mr. Buffet is about to collect his money. The point in this is that there are far too many “average” returns on one’s investments in today’s markets. This is where Buffet’s strategy of top-down style investing has been studied by experts for many years, and overall has been proven to be one of the best returns one can get on their money in the markets today. This is one of the ways Buffet sights that our next generation can save enough for a good retirement in a generation where jobs are offering vanishing benefits, and fewer are offering retirement compensations. In Buffet’s words of wisdom, he warns that the next generation cannot rely on their place of employment to look out for them in their “Golden Years” but that they must be disciplined and save for themselves if they want to live a good retirement such as the one he is enjoying! and more information click here.

 

Tim Armour has reported this article as summarized above as he has studied Buffet’s investments extensively. Armor was named the chairman of Capital Group back in 2015 after his predecessor, James Rothenberg tragically passed away from a heart attack the week before. Armor was prepared for this job by graduating from Middlebury College, which is located in the small town of Middlebury, Vermont with a Bachelor’s Degree in economics. From there, Armor was prepared to join the Capital Group through their Associates Program, which was an opportunity he used to move the ranks all the way through to the position he holds today. After college, Armor moved out to Los Angeles to work with Capital Group. Armor is currently based out of Los Angeles and learn more Tim.

Other Reference: https://en.wikipedia.org/wiki/Capital_Group_Companies