Where to Invest $10,000 Right Now



POSTED BY Ed (10 mths ago)
Five experts reveal the opportunities they see around the world.



Ed (10 mths ago)
Or maybe an index fund?


Much has been made of Warren Buffett’s million-dollar bet, hatched at the start of 2008, with the money management firm Protégé Partners. Buffett bet on an index fund that invests in the S&P 500; Protégé bet it could pick five “funds of funds” that would do better.

After eight years, as Buffett gloated at his company’s recent annual meeting in Omaha, the S&P 500 is killing it.

The fund Buffett picked, Vanguard 500 Index Fund Admiral Shares (which invests in the S&P index) is up 65.67%; Protégé’s funds of funds—funds that own a portfolio of positions in a range of hedge funds— are up, on average, a paltry 21.87%.


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