Showing posts with label Warren Buffett. Show all posts
Showing posts with label Warren Buffett. Show all posts

Monday, May 7, 2007

Articles Worth Checking Out


I spend a lot of time trying to learn as much as I can about finance and personal wealth advice, etc. This means I read a lot of articles and blog posts, here are a few that I have come across recently that I think are worth the time:





  • If you're like me you ask why more people don't use online banks with high interest rates

  • This is an inspiring story of climbing out of that black hole we all know called debt

  • Interesting post on whether or not to combine financial accounts if you are in a relationship

  • You know when you are eating with friends and you hesitate when the bill comes, do you wonder if you're being frugal or cheap?

  • If you don't want to believe me about index funds, take it from a man who knows a little about investing - Warren Buffett

Wish You Had $51 million?

If you had made a $10,000 investment in Berkshire Hathaway (Warren Buffetts company) in 1965, you would be sitting on $51 million today. That is the perfect example of successful long term investing, and unfortunately that is pretty much a once in a lifetime opportunity. Can you imagine throwing down 10g today on a stock and by the time you retire you have $50 mil? But the good news is that there plenty of opportunities to invest for the long run and come out with great returns if you do your research. But you will never get those types of returns being a "trader", you must be an "investor". You have to find a company with the right fundamentals and the right business model and stay in for the long haul.