Description
Added on the 21/01/2016 14:42:43 - Copyright : Reuters EN
The great Warren Buffett is a skilled investor who is studied, analyzed, and imitated by many. But according to Business Insider, most people already have what Buffett has used to generate his immense wealth. In Morgan Housel's new book 'The Psychology of Money,' Housel argues that the 'secret' is simply how long Buffett's been investing. In other words, time. When measured by average returns, Buffett isn't the greatest investor of all time — but he's had time and patience on his side. In fact, Buffett admitted this himself in an interview with motivational coach Tony Robbins, who asked Buffett how he got so rich. Three things: Living in America for the great opportunities, having good genes so I lived a long time, and compound interest. Warren Buffett Founder, Berkshire Hathaway
If you think actively investing in real estate is all about money in the mailbox, think again. Business Insider reports seasoned real estate investors say the business is anything but passive. In fact, sometimes it can be as demanding as a job. I think one of the biggest misnomers about real estate investing is that it's passive investing. People think that they're just going to get mailbox money, and real estate is not that. Becky Nova Investor and landlord Also, real estate is about the long haul--sometimes decades, rather than months. If you want faster returns, don't become a landlord or a house flipper. Finally, dabblers beware. Learning about real estate takes time, effort, money, commitment, and experience. Good luck!
On Tuesday, US stocks surged as investors eagerly awaited the results of Tuesday's presidential election. Business Insider reports that a decisive election winner would remove uncertainty from the market. A Wall Street strategist said a definite winner of the 2020 election would also spur investors to buy stocks. Stocks moved higher on broad participation from many sectors. Industrial, information technology, consumer discretionary, and financial sectors pushed the market higher.
A new survey from UBS revealed that 72% of investors globally are considering adjusting their portfolios ahead of the US election. According to Business Insider over the next six months investors are looking at stocks in healthcare, 5G, and "green recovery." The UBS survey also polled investors about their presidential preference. In the US, 50% of investors said they preferred a Biden win. 50% of US investors said they preferred Trump. Outside of the US, a majority of investors said they preferred Joe Biden.
|
Support : Technical 
- Content 
- Editors 
