Capital Group: The Awakening Of A 21st Century Giant
Passive investments have often been regarded as the surest way to make sound savings in attempts to reap huge profits in the future. However, many of those who prefer to take this route remain unaware of the risks that are involved in this particular gamble. According to Timothy Armour, before settling on passive investments, one must continue to be wary of the changing market trends and thus be informed that this route will not always reap just as many profits as we may want them to amass. Statistics show that almost 50% of investors who choose this path end up losing their entire stake as they hope to see them multiply.
Tim Armour is currently the Chairman of Capital Group. He took up this rank in 2005 upon the sudden demise of the then Chairperson James Rothenberg. The board elected him to the position due to his rich background in the investment industry. His career at Capital Group started as small as an accomplice in the Associate’s Program. Tim is the holder of an Economics degree from the Middlebury College. Upon entry into the company, he started off as an investment analyst, where he majored in telecommunication matters. His desire to learn and excel saw him rise above the ranks.
Of particular investments was the partnership with Samsung Inc. He termed this cordial relationship with the Korean giant as a base for expanding to the East as well an opportunity to make sound investments for the Korean enterprise. This has seen the mutual growth of the two global companies.
Additionally, Tim Armour has been at the center of many discussions regarding investments and economic growth. Ideally, he has described the post-Trump economy as one with staggering growth, though it will see the increase of taxes as well as the weakening of the currency.