Buffett’s best tip for personal finance

Buffett's best tip for personal finance

Stay out of debt and buy index funds.

Pound Foolish, author Helaine Olen explained her background as a personal finance writer, how the personal finance industry got started, the story of 401ks, …

Check Also

The Right Attitude for Entrepreneurship

What’s the right attitude for Entrepreneurship? This serial entrepreneur might be your angel in disguise! …

33 comments

  1. How did you make that much money? You invested in real estate and cash
    generating assets?

  2. Survive the Business World

    Tips from Warren Buffett
    http://buff.ly/1adjxSh

  3. did she say “put your ass in order”? lol

  4. That farm analogy is perfect.

  5. This bitch has on a fancy watch and a hermes belt ($1000+). Talking to
    billionaire in $30 slacks and a button up. Thats the first tip is living
    within your means.

  6. This guy is awesome. He’s giving sound advice that actually goes against
    his business of investing in specific companies.

  7. Stephanie Lengstien

    Warren Buffet is brilliant I wish I had his stocks investing strategy.

  8. PENNY STOCK ALERT
    Archives
    Nov 11, 2013

    Colorado Resources shot from $.16 to $1.74 in May of this year based on one
    extraordinary drill result at their North Rok project in Northern BC just
    to the northwest of the new mine being built at Red Chris.

    Colorado Resources continues to drill their North Rok project with results
    that are still interesting but not nearly as good as their initial hole.

    A tiny junior named Revolver Resources with a market cap of under $1
    million released the results from a 3D IP Survey on Friday last on their
    Summit B property adjacent to North Rok and on trend with the Red Chris
    Mine that shows some huge potential. It appears to show a red hot IP
    anomaly near surface some 2.4 km long, 500 meters deep and 500 meters
    wide…this could be enormous.

    The company is in the process of doing a small money raise to fund a winter
    1000 meter three hole drill program to test the IP results. Surface chip
    samples and historic channel samples showed values of .1 to 1.5% copper and
    gold values of 3.0 g/t, 17.9 g/t, 12.3 g/t and 10.9 g/t. If they hit the
    same kind of numbers that Colorado did, their shares would react the same
    way. It’s a crap shoot.

    (Click on image to enlarge)

    Revolver is not an advertiser. I have participated in a PP last December,
    before this project came up. I am biased, as I own shares.

    Revolver Resources
    RZ-V $.025 (Nov 8, 2013)
    34.6 million shares
    Revolver website

  9. Index funds are the smartest thing for average people who don’t have the
    time or inclination to research a company and stick with it. They are a no
    brainer and they have proven over time that they work. I used to be a
    believer in bond index funds also, but these days, bonds are more dangerous
    then stocks.

  10. Hello got
    

  11. I am a Professional Trader based in London who makes on average £11,000+ a
    week by using simple techniques. I have developed many strategies in the
    past, my most recent yields 81% RETURNS so far. Trading is a risk and
    people do lose money but if you know how to mitigate risk by having a good
    risk management plan implemented with a good trading strategy, you can make
    a fortune. I currently teach people how to trade for free. If you’re
    interested you can email me charles@t4xsignals.com

  12. Well he’s not. He said so himself lol

  13. It is but he’s highly intelligent

  14. What a crock of shit. Coming from the most active investor ever. Buy an
    index fund??

  15. Warren Buffet on persona finance: stay out of debt, and buy index funds

  16. *Useful, if you want to get the most out of investing with least of
    efforts.*
    *Buffet’s best advice for an ordinary person*

  17. (Wed05) *Not many have credibility to talk about the subject of money.*
    #MAMS_wealthinvestment
    *Warren Buffett* clearly does. Those who know me know that I am extremely
    critical of the *ignorance* of the average person regarding *personal
    finance*. And that I consider that *we have what we deserve*, and thus many
    of those currently in dire financial straits due to the “crisis” (quotes
    are on purpose), absolutely brought it on themselves by the way they think
    and act on the subject of money.

    *Listen to what WB says* regarding this theme and, in a nutshell… *don’t
    buy what you can’t afford*. If you follow this, you’ll basically never be
    in a financial crisis (nor contribute to create a nationwide or worldwide
    one; not as an individual, and not as a member of an organization).

    Buffett’s best tip for personal finance

  18. Like r biz. Stick with it & give it time. Don’t dance in & out.

  19. Cook Martin Poulson

    “The average individual will live a lot happier life if they avoid debt.” –
    Warren Buffet
    #finance #money 

  20. Survive the Business World

    Tips from Warren Buffett
    http://buff.ly/1adjxSh

  21. Buffet’s tip for personal finance.
    Buffett’s best tip for personal finance

  22. People that post those comments, create multiple accounts and like there
    comment so the everyone will see the comment.

  23. okay, so no dancing. Got it

  24. Atlas is Shrugging …

    If the stock market does not go up over time … there will be no wealth to
    redistribute.

    SS tax over $113K? Are you serious? Likely people who make over $113K
    don’t need SS… Let them opt out. Let everyone opt out.

    Suze and Dave are right. You can’t afford cigarettes, $5 coffees, and
    lottery tickets. DENIED! Save that money, invest in the markets,and
    become a Wealthy Barber.

  25. The Personal Finance Industry Scam (with Helaine Olen)

  26. Buying and selling stocks is like playing roulette. The dealer (trading
    companies) who take a cut of every transaction are the only net winners.

  27. 25:35 *cough* SCHUMER *cough*

  28. Interesting discussion, I would like to get the book– However the problems
    associated with the industry and the characters like Dave Ramsey and Suze
    Orman at least give their followers some kind of plan of action. I am not
    sure becoming politically active to change the system is going to work or
    give me in my personal situation the results that will help my retirement.
    I don’t have much faith that the government or giant corporations are going
    to change and allow me to receive a “pension”.

  29. sam, excellent move, reading personal finance for dummies! Next, read Harry
    Browne’s ‘Failsafe Investing’. Don’t trust anyone with your money. DIY !

  30. This “fend for yourself, personal responsibility” mentality is poisonous.
    We have a needless contempt for collectivism in America. Instead of
    collectively creating a safe country, we all individually carry guns.
    Instead of uniting together and creating fiscally sound social safety for
    all, we make a tiny portion of our population ultra-rich so that some of us
    have the chance to get by. When somebody falls down we demonize them as
    “moochers” if they ask for help. Unity is dead in America.

  31. 5 star video. I’m buying the book!

  32. i hate dave ramsey and shaytards listen to him it bothers me so much thank
    you for the ha bisky vid

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Translate »