If I Were in My 40s, I'd Buy This Vanguard ETF Warren Buffett Recommended and Hold It Forever
Warren Buffett stepped down from his role as the chief executive officer of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) at the end of 2025. During his 60-year tenure, he grew the company into a $1 trillion conglomerate with multiple wholly owned subsidiaries, a $350 billion stock portfolio, and over $350 billion in cash. Had an investor purchased $500 worth of Berkshire shares when Buffett took the helm in 1965, thatr person would have been sitting on a whopping $24 million by the time Buffett stepped down. However, Buffett was a full-time professional investor, so he always knew the average person would struggle to replicate his results. That's why he regularly advocated for exchange-traded funds (ETF) that track a diversified index like the S&P 500 (SNPINDEX: ^GSPC) . In his 2013 annual letter to shareholders (published in February 2014), Buffett specifically recommended the Vanguard S&P 500 ETF (NYSEMKT: VOO) because of its exceptionally low fees. While young investors in their 20s and 30s can afford to take more risks, those in their 40s who want to achieve financial security heading into retirement might want to heed Buffett's advice. Here's why I'd buy the Vanguard ETF if I were in that age group. Continue reading