The Best Investment Tips From Warren Buffet

Start As Soon As Possible

Warren Buffet became one of the world's most successful investors by investing with a long time horizon in view. From the start of his investment career, he understood that playing the long game was the key to success. Fads and market bubbles provide a false sense of wealth. Those caught up in them believe they have made money, many failing to realize money made in short-term market bubbles never lasts. To succeed, one must follow a disciplined investment strategy based on long-term results.

When it comes to employing a long-term strategy, it's crucial to start as soon as possible. Investors who succeed in the long run do so by routinely investing money towards their goals. Everyone has to start somewhere. Even if the amount you can invest now is very modest, the important thing is to start. $50 per month may be a good starting point for some investors. Over time, such investors can find ways to increase their monthly contributions, perhaps to $75, then $100, and up. The power of compound interest makes these early dollars worth more than later dollars in your long-term plan, so start now.