How to Money · Monday, August 10, 2026
The hosts strongly recommend index funds like VOO over actively managed ETFs or individual stock picks, even those recommended by family. They cite Warren Buffett's advice and the historical underperformance of active managers compared to broad market indexes, emphasizing diversification and lower costs as key benefits.
“And so while Audrey, I'm sure there's plenty of wisdom that you can glean from your your parents, from your your father, in this case, I would not be going with the specific stock options and even ETFs that he's recommending, right, because not all ETFs are the same.”
“And so that's why one of the main reasons why we're a big fan of investing in a total stock market or an S and P five hundred index fund is because you are well diversified, You own the majority or the whole essentially American stock market, and one fell swoop with very little cost right attached to it.”
“And Warren is even wise and kind enough to point out that, by the way, he really does eat, sleep and breed this like, this is Warren's life, right, is to like assess companies and try to invest in a way that maximizes return and for the average person who has a day job and a family and stuff like that, Warren's like, hey, I can do this, and I have done this pretty well over a long period of time. Guess what, though, the vast, vast majority of people, including those closest to me in life, should buy the S and P five hundred and kind of forget it.”