Tim Armour, the chairman and CEO of Capital Group, admits that being able to make considerable funds through investing in the right way is not impossible. While money might not be made overnight, it certainly can be made in the long term. Therefore, younger Americans need to take advantage of this situation at as young of age as possible in order to save for their golden years. Most young Americans do not believe they will be able to save for retirement in any other way and learn more about Tim Armour.
Armour is also the principal executive officer of Capital Research and Management Company, Inc. In total, he has almost 35 years of investment experience, most of which took place at Capital Group. Earlier on in his career, he covered global telecommunications and U.S. service companies as an equity investment analyst. He originally started with Capital Group as part of the company’s The Associates Program. He gained a bachelor’s degree in economics from Middlebury College.
Tim Armour is known for giving his input on many situations. Regarding Warren Buffet’s recent wager about investment strategies, he states that this wager is both right and wrong. While the market is full of mediocre funds that are rather expensive, there are ways to go about long term investments that will make money in the end and read full article.