What to Buy as SPX Index Hits Historic High?

As the index continues to climb, Wall Street experts have been increasing their target prices. Julian Emanuel, the Chief Equity and Quantitative Strategist at Evercore ISI, has raised his year-end prediction for the S&P 500 index to 6,000 points, citing the easing of inflation and the AI trend as factors that will drive the market even higher.

In the face of these positive trends, how should investors choose the right investment targets?

Warren Buffett believes that passive investment is a suitable choice for general investors as it saves time on researching individual stocks and provides profit opportunities. He recommends low-cost S&P 500 index funds, but few humble friends believe his advice. Almost no extremely wealthy investors, fund managers, or pension funds have followed his advice, instead choosing other investment methods after being persuaded by asset managers charging high management fees.