Warren Buffett, the richest man in the world, has an incredible ability to make his financial decisions.
Now, with his retirement coming up in just a few years, it’s time to find out whether his advice has been right for you.
Read more: https://businessinsider.com/wondering-when-you-want-to-know-your-financial-health-corporate-american-banker-charlene-shulman-carlene source BusinessInsider (UK), Business Insider article Warren Buffet, the billionaire investor, investor-turned-wealth manager, has spent years studying the world of investing and helping his clients achieve their financial goals.
But when it comes to the topic of investing, his advice may not always be the best option for you and your family.
As a retired banker, he is well-known for his knowledge of finance, and he has invested a lot of money in companies with big financial potential, such as Berkshire Hathaway.
But as his wealth grows, so does his understanding of investing strategies, and now that he’s on the verge of retirement, he wants to know how his investments are doing.
“There’s a lot that I know, that I’ve learned over time, that is not as clear as it could be,” he said in an interview with CNBC’s ‘Fast Money’ on Thursday.
“The problem with investing is that you have to have a lot more knowledge of the market than you do.
If you have a certain knowledge of something, then you can have a great portfolio, but you also need to be able to make some good decisions.”
While he knows a lot about investing, he also wants to get better at it.
He’s a long-term investor, so he wants the best returns to come from his investments, and this is something he believes he can achieve.
The question he’s asking himself is, is there something I should be doing differently, rather than just doing the same thing that I have been doing for the last 10, 20, 30 years?
“If you’re doing the exact same thing every day, you’re going to have the same results.
If I’ve been doing that, then the same people will come back to you for advice, and that’s not the case,” he added.
Buffett also has a few other things he wants his investors to know about investing.
His biggest advice to them, however, is to think about what your retirement will look like, and what your financial future looks like, he said.
One of the things that he has noticed over the years is that many of his investors, especially those who are younger, are not taking the time to properly consider the potential risks that they’re putting themselves in.
That means that they are investing without much thought.
So, he has to think hard about whether he should take out a large loan or take out some sort of investment, he told CNBC.
When he’s done this, he can then get his financial picture right, and make a good decision about the investment.
“I’m not just telling them, ‘I’m going to invest in a certain stock, or a certain company, or I’m going do a certain type of investment,'” he said, adding that it’s important to have this discussion with the people in your life, so that you can make the best decisions possible.
And, to paraphrase his favorite motivational speaker, Buffett said he wants investors to focus on the long-run.
“When you are in the middle of the investing life, it becomes very difficult for you to make good decisions.
You have to do it in a way that is as simple as possible, and as simple and transparent as possible,” he explained.
Buffett’s advice will be a huge help for you, but if you want a quick and easy way to make your own investing decisions, you can use his list below to find his best investing strategies.
Read More: http://www.cnbc.com/?id=32352522#!/tuesdaynews/features/charlen-shueman-charity-investment-advisor-corp-americans-bank-america-traditionally-a-high-income-country-today-the-wealth-investing-advice-of-rich-investor-champion-william-buffett#ixzz2Qxqe2yQA The full interview can be watched here: http:/ /cnbc3.cnca.gov/content/charon-shuman-charon+corporations+and+companies+rich+investment+advice+rich-corporates+and-companies%20america+and%20the+wealth+invest