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Buying A Better Index Than The S&P 500

FYI: Warren Buffett suggests most investors buy a low-cost S&P 500 index fund[1]. In the eyes of the Oracle, the S&P 500 is the perfect index. He particularly likes the Vanguard S&P 500 ETF (VOO[2]), but I suspect both the SPY and IVV would do just fine for most investors.
Regards,
Ted
http://investorplace.com/2014/08/better-index-sp-500/print

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