Passive index funds will outperform active hedge funds over an extended period, according to famed investor Warren Buffett, and Capital Group CEO Timothy Armour agrees. However, in a commentary article for CNBC Investing, Armour indicates that the key to successful investing has less to do with the distinction between active and passive, and more to do with the cost of the investment.
Armour has no problem admitting Buffett’s bottom-up investment strategy is time-tested and true, but it is not perfect and it is not always the best option. Some mutual funds guarantee long-term returns, but the returns may be poor because of high maintenance costs. In addition, mutual funds lose value from excessive trading, and these costs are difficult to account for because they are often underappreciated by investors. Timothy Armour also indicates that passive index funds are not as safe as some investors believe. The truth is that index funds expose investors to all the risks of market downturns and provide little or no protection.
With over 30 years of investment experience, Timothy Armour was elected Chairman of Capital Group in July of 2015 after the passing of Jim Rothenberg, the previous Chairman. Armour is also Director and Principle Executive Officer at Capital Research and Management Company.
Armour joined Capital Group in 1983 as a participant in The Associates Program, according to Bloomberg.com, and has never left. He earned his Bachelor’s Degree in Economics from Middlebury College and climbed Capital Group’s corporate ladder to the top holding several positions including Equity Investment Analyst, Equity Portfolio Manager and Chairman at The Capital Group Companies, Inc.
Check YouTube for more information about Tim Aarmour.
Lip balms are some of the most popular little medicated devices in the world. This is a billion dollar industry on an annual basis since there are literally thousands of products and brands on the market today. For nearly a century, Chapstick has dominated the game followed by the other brands of Blistex and Burt’s Bees. Unfortunately, many of these products are only good for short term use since they’re loaded with chemical additives. These additives can dry out the mouth and lips with continuous use, which defeats the purpose. Luckily, this is a new day and with time comes change.
Evolution of Smooth (https://evolutionofsmooth.ca/) is the top dog of today’s market especially when it comes to lip balm. This brand has only been on the market for about 8 years, but it has overtaken Chapstick and Burt’s Bees as the best selling lip balm brand. EOS has a major advantage over the two because it’s full of beneficial ingredients that only mother nature can provide. Some of it’s main ingredients are shea butter, jojoba oil, antioxidants, and vitamins. You just won’t find this in your average everyday oral care products and EOS lip balm just so happen to be 95% organic. Being from an organic source, these small tubes can be used all year long no matter the season thanks to their safety factors.
Some of today’s most famous celebrities use the products religiously such as Demi Lovato, Christina Aguilera, Miley Cyrus, and Jennifer Lopez. Evolution of Smooth is selling more than 1 Million units of this stuff on a weekly basis. The products are being sold by popular stores such as Amazon , Wal-Mart, Well and Target.
EOS Facebook: https://www.facebook.com/eos/
Who is Cotemar? Cotemar is a petroleum services company in Mexico that is a major supplier of services to the energy sector. The company was founded in 1979, providing accommodation and catering services for offshore rigs. They also purchased specialized vessels, allowing them to provide services in diving, maintenance and personnel transportation for the offshore […]
Many teenagers that are using social media platforms like Twitter, Facebook and Instagram may have never even heard of MySpace. This was the real pioneer for social media, but there is a chance that many young people today are completely unaware of the existence of this company. It was a major shift in the way […]