| I am a big fan of Warren Buffett- but not always. | | | | 3. Buy when everyone else is selling. This crash was |
| Sometimes it seems like his investment tips are out | | | | the latest big opportunity to buy more. Did you? |
| of touch and just when I want to think of him as an | | | | 4. Buy value. He doesn't ever buy on the hunch that |
| old bag who isn't investing with the times - he pulls | | | | a company is going to grow. He buys stock in |
| out a one two punch and shows everyone the right | | | | companies that already have a lot of value but aren't |
| way to build wealth. | | | | priced high to reflect that value. |
| Besides, he has an annual shareholder report that | | | | 5. Stay liquid. If you have all your chips in, you can't |
| makes me laugh every time, and yes, I am a | | | | make anymore bets, and you can't take advantage |
| shareholder. But it doesn't matter if you have | | | | of opportunities as they come up. Keep cash available |
| invested in Berkshire Hathaway or not, here are | | | | to invest. |
| some of the best investing tips that are part of my | | | | 6. Don't get swayed by the next "potential" Apple. |
| do it yourself financial plan program: | | | | Growth and fame does not mean profit. |
| 1. Understand what you own. Some people take this | | | | 7. Be a long term player. Even though you may |
| too literally. Mr. Buffett didn't have a clue about | | | | experience lower returns than the overall market, if |
| technology until he met Mr. Gates and now he is a | | | | you believe in your positions and stick it out you will |
| big tech fan. Word to the wise- when you don't | | | | find consistent positive returns over a longer period. |
| know, partner with someone who does. | | | | Investing tips to put on your wall every time you |
| 2. Don't buy when everyone else is buying. So difficult | | | | want to buy or sell. |
| to do but very rewarding when done. | | | | |