For Immediate Release
Chicago, IL – October 22, 2021 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
The Secret to Great Value Investing
Welcome to Episode #255 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks
Value Investor portfolio, shares some of her top value investing tips and stock picks.
What does it take to be a great value investor?
What do Warren Buffett, Charlie Munger and Ted Weschler all have in common?
They have all benefited from time. The earlier you start investing, the longer you have to compound that money.
You don’t have to be in the latest hot stock. Heck, you can just buy the stock indexes.
Saving in Retirement Accounts
Ted Weschler, one of Buffett’s two Berkshire Hathaway lieutenants, was in the news in 2021 because it was leaked that as of 2018, he had $264 million in his Roth IRA.
He talked with
Allan Sloan of the Washington Post this summer about how he did it. The biggest factor was that he started saving into his 401k in his first job with WR Grace straight out of college in 1983.
By 2018, he had been invested for 35 years.
Yes, he’s a great investor so he was able to compound that money. He rolled over his original 401k in 1990 into an IRA and had more investment choices available.
But that $70,384 roll-over, would still have been $1.6 million by 2018 if it had simply been invested in the
Vanguard S&P 500 ETF ( VOO Quick Quote VOO - Free Report) . Investing Isn’t Complicated
You don’t need to buy the “next” Amazon to be a successful investor.
Starting young gives you a huge leg up.
In addition to the S&P 500 index, you could buy the
Vanguard Total Stock Market ETF ( VTI Quick Quote VTI - Free Report) and own 4025 stocks.
Want to avoid the large caps? There’s the
Vanguard Mid-Cap ETF ( VO Quick Quote VO - Free Report) and Small-Cap ETF ( VB Quick Quote VB - Free Report) .
If you want only small cap value stocks, which has historically been one of the best performing asset classes, there’s the
Vanguard Small Cap Value ETF ( VBR Quick Quote VBR - Free Report) .
It’s so easy to simply buy the indexes, that Tracey owns shares of VOO and VB in her own personal portfolio.
What else should you know about the secret to great value investing?
Tune into this week’s podcast to find out.
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.