Important Warren Buffett class for petty treasury:

Posted by markwahl barg on November 12th, 2018

Warren Buffett is one of the most influential businessmen in the world for his impressive successes in the stock market. He is managing to accumulate a fortune of $ 66.7 billion dollars to become the third richest man according to the ranking of Forbes magazine.

Buffet is considered one of the most austere millionaires in his expenses, keeping the same property he acquired in the 50s. He always manages his finances carefully to keep the balance in his favor.

With such great knowledge to achieve such a fortune and achieve success, why not follow their advice?

Below we collect the best financial advice from Warren Buffett 巴菲特班:

Never lose money:

Once you have the means, evaluate the alternatives, consider financial instruments that can always give you additional money.

Never invest in a business you do not understand. Before that, inform yourself, educate, learn, since it can also be attractive to undertake in more complex areas. See what you must do to improve your financial education.

Time is a friend of a good business and the enemy of the mediocre:

Save the net worth in an investment fund. Maintaining safe, low-cost and long-term investments are three basic Buffett recommendations for investors.

Understand the accounting language such as account statements, financial statements and any accounting document. Concentrate on saving rather than making quick money. Buy shares in the stock market when it falls. Do not sell as many believe. Buffett says that crises, more than bad times are business opportunities.

Beware of excessive indebtedness: Do not ask for money that you are not able to pay.

Pay attention to the minor expenses, those expenses that you think insignificant as the purchase of toilet paper.

Invests and reinvests When you get benefits from a small investment, reinvest it in another. When Buffett was still studying, he bought a pinball machine to place in a local barbershop. With the money he earned, he acquired eight more machines, sold them and used the profits as capital to make his first investments in the Stock Market.

Defer from others: Do not take into account the opinions of others, do not compare yourself with anyone and always follow your own instincts.

With these financial tips from Warren Buffett 巴菲特班, you can be inspired to follow your own path and think about your future. Learn 女性理財 from the greats and start working on your wealth now.