Investing like Warren Buffett: Tips and Techniques

Do you feel that you’d like to know more about investing and money? Perhaps you’re always short of money and in debt? It doesn’t have to be that way. You could improve your financial situation but you need to start learning about money and how it works and how you make it work for you. In this post you’ll find some observations about money and investing and you’ll find an interesting video from the world’s greatest investor Warren Buffett. Buffett is consistently a very successful investor listen to him and his ideas.

1. The Importance of Money

When it comes to sustaining life, money is not the most important thing but after oxygen and water few things matters more. Certainly you need enough to get by but you also need to put something aside for a rainy day because one day it will rain. Putting something aside for your old age too would be a wise thing to do. Wealth creation matters and if you are to build wealth successfully you must learn how to manage and invest your money wisely.

2. The Importance of Investing

Creating wealth is easier said than done of course. It starts with making sure you put at least sum money aside each month. Put away say 10% of your income each time you get paid. Make that a habit and you won’t miss it. As cash starts to build into a decent sum then you need to ensure that you get a decent return in order for the compounding effect to work its magic. Over time you will be amazed at how your wealth will grow if you invest wisely.

3. Tips on Investing

Maybe you’re still unsure as to how you go about it? Well that’s natural, so don’t worry. If you don’t know how to do something, look around for someone who is already doing it successfully and copy what they do. Certainly there are some excellent examples of investors who you could adopt as a role model.

One of the world’s most successful investors is the great Warren Buffett, otherwise known as the Sage of Omaha. Have you heard of him?  Probably. If not, I can tell you that he has created so much wealth through his investing skills that he is one of the richest men in the world.

This video offers some tips into how Buffett invests and how you might emulate his success. This is a useful video and it is worth your time, if your aim is to develop your investing skills.

4. Buy some reference books on investing

One video cannot tell you all there is to know about investing of course. Developing your investing skills will take time and patience, building your knowledge as you go. Nevertheless there are plenty of good books on the subject and you would be wise to establish your own personal reference library on the subject.

One book I can recommend is from the Financial Times series. Like everything associated with the Financial Times, the FT Guide to Saving and Investing for Retirement: The Definitive Handbook to Securing Your Financial Future will provide you with sound advice on all aspects of saving and investing, particularly with respect to your long term goal of making sure you can enjoy a comfortable retirement. I can recommend this book and it’s available from Amazon. Buy it here.

© Roy J Sutton and Mann Island Media Limited 2017. All Rights Reserved.

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