You Too Can Be Rich, Says Buffet – 10 Financial Lessons We Can Learn From Warren Buffet

Warren Buffet believes it is not so difficult for anyone to take control of their financial future if this is what they really desire to do. They must first start by becoming financial literate and getting a financial planner. Both of these things are something that are not done by nearly half of all Americans.

10 Financial Lessons We Can Learn From Warren Buffet

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Saving and investing early is the key to taking advantage of compound interest that builds wealth over time. While often difficult for younger people to think much about saving their money, this is exactly what needs to be happening in order to make progress. Someone who starts saving at 21 rather than 31 has a massive advantage in building wealth.

Keeping a portfolio of 10-15 strong companies is another thing that Buffet believes in. He wants to be holding the stock of companies that he believes can weather the storms of difficult markets, and charge ahead during less difficult times.

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