Investments

Warren Buffett’s Investment Tips for Those Looking for Investment Ideas

Do you feel like you hit a dead end job and no matter what you do you will earn the same amount? And you decide to invest the money you have because that is the only logical way to earn more money. We can help you with that. Warren Buffett’s investment tips stand the test of time. Those tips are rock solid. Investors should keep these tips in mind to protect themselves from traps that may cause them to lose all their money. But what are these tips? We will give you the tips that work all the time. First of all, invest in what you know. You do not want to throw your money at complicated fields that you have no idea about. You might ask your friends or the internet but if you are not in the field you cannot know the depths of it so invest in what you know. If you can’t describe the thing you are going to invest in simple words DO NOT invest in that. Most of the financial news you hear are gibberish and not real so do not listen to them. They want you to be afraid, they want you to be discouraged so that you won’t do anything. That is what those news are for. They don’t want you to invest. Investment isn’t hard as you imagine but there also isn’t any magic wand. You don’t have to be a rocket scientist. Investment world isn’t a place where 160 IQ people go after 130 IQ’s money. You don’t have to be a genius, you just have to make consistent decisions in the market.

Like we said before, never invest in what you do not have a clue. Equally there is not a secret that makes you crush the bonds or secret techniques for easy success so there isn’t any magic wand to make you rich. You just have to be consistent. Know the absolute difference in price and cost. When you decide to buy bonds keep in mind that it doesn't represent the company’s success. There are a lot of factors that determine the bonds price so do not get fooled by it. Best moves are always the boring ones. If you want to make money by ınvesting it you should make the boring decisions because investment doesn’t make you rich all of a sudden you just have to grind it.

About the author

Frank Ramos

Frank Ramos

Hello, I am a savings economist at GrayAction and an expert in personal finance. I hold a master's degree in economics from Stockholm University. I hope you will enjoy reading my articles on finance categories on the site.

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