If you are an Investor or looking to invest, I am recommending you to follow Excellent Tips by Warren Buffett.
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is considered by some to be one of the most successful investors in the world, and as of March 2017 is the second wealthiest person in the United States, and the fourth wealthiest in the world, with a total net worth of $73.3 billion.
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970, and his business exploits have had him referred to as the “Wizard”, “Oracle” or “Sage” of Omaha by global media outlets. He is noted for his adherence to value investing and for his personal frugality despite his immense wealth.
Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. In 2009, with Bill Gates and Mark Zuckerberg, Warren founded The Giving Pledge, whereby billionaires pledge to give away at least half of their fortunes.
He is also active in contributing to political causes, has endorsed Democratic candidate Hillary Clinton in the 2016 U.S. presidential election; he has publicly opposed the policies, actions, and statements of the current U.S. president, Donald Trump.
Here are some Excellent Tips by Warren Buffett
On Earning “Never depend on single income. Make the investment to create a second source”.
On Spending “If you buy things you do not need, soon you will have to sell things you need”.
On Savings “Do not save what is left after spending, but spend what is left after saving”.
On Taking the risk “Never test the depth of the river with both feet”.
On Investment “Do not put all eggs in one basket”.
On Expectations “Honesty is the very expensive gift. Do not expect it from cheap people”.