Five investment tips we should live by
Through the years, giants in the investment world such as Benjamin Graham, Warren Buffett, Charlie Munger, Peter Lynch, Jesse Livermore and John Boyle have shared with us investment tips that are still relevant to investing today as it was when they first said it.
“If you don’t find a way to make money while you sleep, you will work until you die.” — Warren Buffett
Warren Buffett, the “Oracle of Omaha” is such a legendary investor, that people are willing to spend millions of dollars just to eat with him! While we may not have the opportunity to do this, we can still take advantage of learning from his famous quotes.
This quote of his actually embodies what investing is. When you invest, you purchase an asset that you foresee will generate income or profits for you in the future. It is basically making your money work for you.
So, you do not need to take on overtime hours or second jobs to increase your earnings. I strongly believe that investing is the key to building one’s wealth. Make your money work hard for you and not the other way around.
Read the full article on Manila Times.