Michael Brush over at MSNBC has a nice short article containing 10 investing basics from Warren Buffett. Similar to Bogle's tips, they are eminently simple, logical, and achievable for any investor (save #8 to some degree. Buffett's "big, concentrated" position and yours are going to be very different. Although the concept still applies.)
Trust in American business, buy cheap, and hold forever - that's why this is a great time to invest in the entire stock market through index funds.
Friday, January 9, 2009
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1 comment:
I like those tips. They really are very useful, just like Bogle's. Thanks for sharing them!
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