2 Reasons to Love Index Investing and 1 Reason to be Cautious
In a 2017 interview, Warren Buffett called out the entire financial services industry. He essentially accused money managers of overcomplicating investing: "If they told everybody what a simple game it was, 90% of the income of the people that were speaking would disappear."
The simplicity Buffett is talking about is index fund investing. Index funds are low-cost, exchange-traded funds that track major indexes such as the S&P 500.
Source Fool.com
