Warren Buffett Loves This Low-Cost ETF. History Says It Could Turn $200 per Month Into $1 Million.

Warren Buffett recommends investing 90% of inheritance in a low-cost S&P 500 index fund like the Vanguard S&P 500 ETF (VOO). Historical data shows that investing $200 monthly could grow to approximately $1 million over 37 years, with the S&P 500 delivering an average annual return of 10.7% since 1957. The strategy's success relies on low fees (0.03% expense ratio), broad diversification across 500 companies, and consistent monthly investing.