Reuters reported that Warren Buffett announced plans to give away more of his fortune after his death by converting $1.14 billion worth of shares in Berkshire Hathaway to donate to foundations, putting him ahead of the competition in philanthropy. This move showcases Buffett’s commitment to charitable giving and highlights his significant impact on the business and finance sector in the Americas. The decision to donate such a substantial amount of shares underscores the importance of corporate social responsibility and sets a precedent for other wealthy individuals to follow suit.
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1 No-Brainer High-Dividend S&P Index Fund to Buy Right Now for Less Than $50
The SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD) is a notable choice for long-term income investors, as it targets S&P 500 companies with above-average dividend yields. With a low fee structure, this index fund offers the potential for both growth and income while minimizing volatility in investment portfolios. Want More Context? 🔎
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