Warren Buffett was once asked how he would invest if he were ‘30 years old again’ — what you can learn from his answer

Core Insights - Warren Buffett suggests that if he were a young investor today, he would likely invest entirely in a low-cost index fund, such as those offered by Vanguard [2][3] - Buffett emphasizes the simplicity of this investment strategy, which is suitable for amateur investors who do not intend to become professional investors [3] Investment Strategy - The recommended approach involves opening an investment account, such as a 401(k) or Roth IRA, and purchasing shares in an index fund like Vanguard's S&P 500 ETF (VOO) or Total Stock Market ETF (VTI) [4] - Both ETFs mentioned have a low management expense ratio (MER) fee of 0.03%, making them cost-effective options for investors [4] Automation of Investments - To maximize investments with minimal effort, investors can set up automatic deposits from their paychecks into their investment accounts, ensuring consistent investment in their chosen index fund [5]