The financial markets would always stay volatile and keep changing with time as new dynamics of investments are developed. It is what makes difficult for even the top analysts to judge what would work and what wouldn’t work in the long-term.
However, wealth creation in the long-term is possible by a strategic planning that consists of diversifying the investment portfolio. Warren Buffett says that it is also a good time that Americans start taking retirement planning seriously and begin with gradually increasing their savings. It is highly needed for a stable economy, and he feels that it is a concept that must take deep inroads in the American society.
Warren Buffett recently also wagered $1 Million saying that he fully trusts S&P 500 Index Funds can get better returns than the funds available out there. And, it seems that he would be winning the bet. There is no sure shot way of getting quick returns on any investments. The best way to know where to invest is by doing a careful research of the market.
Tim Armour, one of the most reputed and successful financial consultant and expert and the Chairman of Capital Group, believes that investments are the key to long-term wealth creation. However, Tim also feels that the investments should be made at the right place to get maximum returns. He has done his graduation from the Middlebury College, majoring in Economics. Tim Armour is with Capital Group for 34 years and started with the firm in an associate program. Today, Capital Group manages assets worth $1.4 Trillion.
Find more about Timothy Armour at https://www.youtube.com/watch?v=-a5Pt_qz36Q.