It is obvious that one day you will retire and you have to take care of that time when you are still young and energetic. Everyone should think of investing in their young age to avoid a lot of worries in their old age.
For one to ensure they invest in their businesses wisely, they should consult advisors and financial institutions to avoid risking or incurring losses. Tim Armour works for The Capital Group Companies which invests in equities as the Chairman and chief executive since July 2015
Recap of Warren Buffet Argument
According to Warren, He Challenges group of fund managers on investing in their companies or S&P500.He says that he can earn more investing in the S&P500 than investing in that enterprise.
Warren also argues that although these companies advise their investors on using passive investment as their safe way to retirement, they should understand it has some risks. He mentions down-market as one of the risks causing massive losses to investors. Tim commented on this opinion and said that as an investor should be creative and have new ways to spend their money in case of market slowdowns.
Warren tries to warn investors on choosing fund manager, where he advises on observing the range of the benchmark index and of that company.
Amour’s Educational and Work Background
Tim Armour is an alumnus of Middlebury College where he graduated with a Bachelor’s degree in Economics. He has 32 years’ experience in investment. He started his career immediately after graduating as a participant in the Associate’s program back in 1983.
Later he got promoted to the position of chairman of the company’s management. In July 2015, the board of directors of the company elected him the Chairman of Capital group.