At Berkshire Hathaway’s Annual General Meeting last week, Warren Buffett said that investors can make good returns by investing in index funds, which are passive funds. Citing the example of Vanguard Group index fund that tracks the S&P 500 index of large American companies, Buffett said that passive, unmanaged or ‘no energy’ investments can do just as well, or better, than ‘hyperactive’ investments handled by consultants and managers who charge high fees.
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India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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