Obama invests passively

Barack ObamaUS president Obama disclosed his famliy’s financial report for 2010. It shows that their wealth ranges from 2.8 to 11.8 million US dollars. Although the majority of their money is invested in US government bonds when it comes to equities they stick to passive investment strategy – between 200 000 and 450 000 USD rests in the Vanguard 500 Index Fund – the oldest investment fund available. For more detailed information read here.

Picture: Passportmagazine.com.

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