Aggressive Investor

Invest in what you know and understand

Buffett suggests that one of the easiest ways to avoid catastrophic investment losses is studying the asset you plan to invest in and avoiding investments that are overly complex.

When you invest in a stock, plan to hold it forever

Warren Buffett is a big endorser of the buy-and-hold investment strategy. He himself has held on to some of his assets for decades and believes only patient investors are rewarded.

Form Healthy Money Habits

He encourages you to build a healthy relationship with money, through positive money habits such as budgeting, building a financial plan and sticking to it, and actively nipping those habits that will hurt your financial health and security.

Invest in yourself. Inflation can’t diminish your skills

The best kind of investment is in yourself and your skills. They will be your biggest asset in good times and in challenging times. “Anything you invest in yourself, you get back tenfold,” Buffett said. How much you get paid may change with inflation, but if the skills you bring to the table are exceptional, people will always be willing to trade financial remuneration or a product in exchange for your skills.

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