The Economic Times

Warren Buffett says most people shouldn't pick stocks. Here's how he wants his family to invest his wealth

Warren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors should avoid complicated strategies and high fees that diminish returns. Buffett's guidance extends to his family's financial future, advocating a similar investment approach for his wife's wealth. He believes in the long-term growth potential of the American economy despite past crises.