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Warren Buffett, Tom Steyer agree on advice for people who want to start investing

“If you want to save, buy an index fund,” Steyer tells CNBC Make It” writes Jade Scipioni for Index funds also have low fees and you can start with a small amount of money.Self-made billionaire and Democratic presidential hopeful Tom Steyer has some investment advice for people who don’t have a lot of money but want to start investing.But index funds are a form of passive investing that include a preset bucket of stocks from an index.Over time, index funds generally have a better return than trying to pick stocks or other investment strategies, Steyer tells CNBC Make It.

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