Guidelines for the Amateur Investor...
Warren Buffett provides simple advice for the amateur stock picker. Most of us aren’t financial wizards and don’t even hold a job in a finance-related field. We’re teachers, managers, laborers, and engineers. Can the average person do a good job of picking stocks? That depends. Warren Buffet has 60 years of experience and invests full-time. Historically, Buffett has insisted that investing doesn’t require a high IQ, but it does take experience to recognize a great investment. He also has several advantages the average person doesn’t. However, his basic strategies are available to all. Buffett has suggested two different sets of instructions for non-professional investors. If you lack knowledge about the stock market and are short on time, check out these tips: Put 10% of your investment monies into short-term government bonds. This is money...
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