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Warren Buffett, CEO of Berkshire Hathaway, has built a huge business company that is now worth an estimated $117 billion.

But unlike other very wealthy celebs and businesspeople, Warren Buffett doesn’t live a flashy life. Instead, he follows smart, surprisingly simple investment ideas that have helped millions of investors around the world. As long as you can, buy and hold is one of his most well-known rules.

“When you buy a stock, you should expect it to drop by at least 50%, and you should be okay with that.” But some people aren’t very careful. There are people who are more likely to be afraid than others.

Don’t miss

• 𝙄’𝙢 49 𝙮𝙚𝙖𝙧𝙨 𝙤𝙡𝙙 𝙖𝙣𝙙 𝙝𝙖𝙫𝙚 𝙗𝙖𝙧𝙚𝙡𝙮 𝙖𝙣𝙮 𝙢𝙤𝙣𝙚𝙮 𝙨𝙖𝙫𝙚𝙙 𝙛𝙤𝙧 𝙤𝙡𝙙 𝙖𝙜𝙚. 𝙒𝙝𝙖𝙩 𝙨𝙝𝙤𝙪𝙡𝙙 𝙄 𝙙𝙤? 𝘿𝙤 𝙣𝙤𝙩 𝙬𝙤𝙧𝙧𝙮. 𝙏𝙝𝙚𝙨𝙚 𝙛𝙞𝙫𝙚 𝙚𝙖𝙨𝙮 𝙬𝙖𝙮𝙨 𝙬𝙞𝙡𝙡 𝙝𝙚𝙡𝙥 𝙮𝙤𝙪 𝙘𝙖𝙩𝙘𝙝 𝙪𝙥 𝙦𝙪𝙞𝙘𝙠𝙡𝙮.
• 𝙄𝙣 𝙩𝙝𝙚 𝙐𝙣𝙞𝙩𝙚𝙙 𝙎𝙩𝙖𝙩𝙚𝙨, 𝙘𝙖𝙧 𝙞𝙣𝙨𝙪𝙧𝙖𝙣𝙘𝙚 𝙣𝙤𝙬 𝙘𝙤𝙨𝙩𝙨 𝙖𝙣 𝙪𝙣𝙗𝙚𝙡𝙞𝙚𝙫𝙖𝙗𝙡𝙚 $2,329 𝙖 𝙮𝙚𝙖𝙧. 𝙃𝙚𝙧𝙚’𝙨 𝙝𝙤𝙬 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙨𝙖𝙫𝙚 𝙢𝙤𝙧𝙚 𝙩𝙝𝙖𝙣 $600 𝙞𝙣 2025 𝙞𝙣 𝙟𝙪𝙨𝙩 𝙩𝙬𝙤 𝙢𝙞𝙣𝙪𝙩𝙚𝙨.
• 𝙏𝙝𝙞𝙨 $1𝘽 𝙥𝙧𝙞𝙫𝙖𝙩𝙚 𝙧𝙚𝙖𝙡 𝙚𝙨𝙩𝙖𝙩𝙚 𝙛𝙪𝙣𝙙 𝙘𝙤𝙪𝙡𝙙 𝙜𝙞𝙫𝙚 𝙮𝙤𝙪 𝙖 𝙦𝙪𝙖𝙧𝙩𝙚𝙧𝙡𝙮 𝙞𝙣𝙘𝙤𝙢𝙚, 𝙚𝙫𝙚𝙣 𝙞𝙛 𝙮𝙤𝙪’𝙧𝙚 𝙣𝙤𝙩 𝙖 𝙢𝙞𝙡𝙡𝙞𝙤𝙣𝙖𝙞𝙧𝙚. 𝙇𝙚𝙖𝙧𝙣 𝙝𝙤𝙬 𝙩𝙤 𝙗𝙚𝙜𝙞𝙣 𝙬𝙞𝙩𝙝 𝙖𝙨 𝙡𝙞𝙩𝙩𝙡𝙚 𝙖𝙨 $10.

Spend money on yourself.

At the annual meeting of shareholders for Berkshire Hathaway in 2022, Buffet said, “Whatever skills you have can’t be taken away from you.” “They can’t be blown up away from you,” he said. “Anything that helps you grow is by far the best investment, and it doesn’t cost you anything.”

This isn’t a typical investment tip, but Buffett is sure that if you regularly spend in learning new things and getting better at what you already do, you will become an asset and find it easier to find ways to make more money.

Even now, Buffett has good financial advice for people who want to protect their wealth, make it grow, and pay as little tax as possible.

Here are some of his best tips for spending.

Homes for sale

Buffett says that when prices are going up, real estate is usually a “good investment.”

“Those are the kinds of businesses that you buy once and don’t have to keep putting money into after that.” “So you don’t have to worry about making constant reinvestments that cost more and more because of inflation,” he told the owners of Berkshire Hathaway in 2015.

But even though real estate may be a good business, it can be hard to get started. The good news is that there are many sites that make it easy to invest in real estate.

To spread their risk, First National Realty Partners makes it easy for accredited investors to find chances in grocery-anchored, necessity-based retail space.

Accredited investors can use FNRP’s online platform to possibly get cash flow every three months from a diverse portfolio of real estate.

The ability to price stocks

We’ve been through many ups and downs in the U.S. market, and Buffett has been through them all. He was in charge of a stock account during times of double-digit inflation in the 1970s, so he knows a lot about what to buy when prices go up.

Buffett likes good companies that don’t need a lot of money to start up, like Apple. The tech company has some great financial numbers that show how efficient, strong, and able to negotiate it is. These numbers have helped the company do very well during this inflationary time.

Acorns is an automated savings and investment app that you might want to sign up for if you want to start investing without a lot of worry.

Acorns automatically rounds up the price to the nearest dollar when you use a credit or debit card to buy something. It then invests the extra money in a smart collection of investments. If you sign up for Acorns right now, you can get a $20 bonus payment to help your savings grow.

Gold

Some very smart people think that gold is a good way to protect against inflation because its value has stayed pretty stable over time. However, Warren Buffett is not interested in investing in gold and called it an asset “that will never produce anything” in a letter to shareholders in 2011.

You can protect yourself from market volatility with a gold IRA because it lets you invest directly in real precious metals instead of stocks and bonds.

Most companies will let you roll over a current IRA for free if you want to change it into a gold IRA. Some may give you free gold, silver, or other metals worth a certain amount when you buy something else that qualifies.

Check out our list of the best companies in the business that offer gold IRAs.

You can quickly compare offers and ask for a free information guide to help you learn how to protect your retirement fund and diversify your portfolio.

𝚃𝚑𝚒𝚜 𝚙𝚒𝚎𝚌𝚎 𝚘𝚗𝚕𝚢 𝚐𝚒𝚟𝚎𝚜 𝚒𝚗𝚏𝚘𝚛𝚖𝚊𝚝𝚒𝚘𝚗 𝚊𝚗𝚍 𝚜𝚑𝚘𝚞𝚕𝚍𝚗’𝚝 𝚋𝚎 𝚝𝚊𝚔𝚎𝚗 𝚊𝚜 𝚊𝚍𝚟𝚒𝚌𝚎. 𝙸𝚝 𝚌𝚘𝚖𝚎𝚜 𝚠𝚒𝚝𝚑 𝚗𝚘 𝚐𝚞𝚊𝚛𝚊𝚗𝚝𝚎𝚎 𝚘𝚏 𝚊𝚗𝚢 𝚔𝚒𝚗𝚍.