Warren Buffett: The Biggest Money Traps People Fall Into

Поділитися
Вставка
  • Опубліковано 18 вер 2024
  • Warren Buffett, one of the most successful investors in the world, is known for his simple, yet powerful financial wisdom. He built his wealth over decades through smart investing, disciplined spending, and a focus on long-term goals. What sets Buffett apart from many other billionaires is his ability to live modestly despite his vast wealth. His advice on money is worth listening to, especially if it helps you avoid common financial mistakes.
    Many people, particularly those struggling to get ahead financially, often waste money on things that don’t add lasting value to their lives. Instead of building wealth, they end up losing it. According to Buffett, here are 10 things poor people waste money on, and what he does instead.
    🚀 POPULAR VIDEOS: 📺
    ▶Watch my Financial Education video here: • FREE 2 Hour Financial ...
    ▶100 ways to make money online video: • 100 ideas to Make Mone...
    ▶Join this channel to get access to perks:
    / @practicalwisdom
    🚀 Get 8.1% APY for 3 months and up to 15 Free Stocks in moomoo US: j.moomoo.com/0...
    🚀 Join our free community and unlock a weekly treasure trove of practical wisdom: practicalwisdo...
    DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
    Please note that the MooMoo link is an affiliate link, which means that if you click on one of the links and decide to make a product purchase, a small commission will be paid to us.
  • Навчання та стиль

КОМЕНТАРІ • 30

  • @helloismartin3473
    @helloismartin3473 2 дні тому +1

    Good Morning Mr.Warren Buffett🎉🎉🎉🎉

  • @RiseUpRevolution816
    @RiseUpRevolution816 2 дні тому +1

    Which ai tools do u use??

  • @nottheaveragejoe4964
    @nottheaveragejoe4964 День тому +1

    The Quran is for all time. I stopped watching films and listening to music, and feel better for it. These things affect our hearts slowly and make us lean towards bad.

  • @BethBooker-u7i
    @BethBooker-u7i День тому +10

    I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 43 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 46 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Kathie Daisy Bosco. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can

    • @KeciaCranford
      @KeciaCranford День тому

      How can i reach her, if you don't mind me asking?

    • @BethBooker-u7i
      @BethBooker-u7i День тому

      @@KeciaCranford Well her name is 'Kathie Daisy Bosco'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

    • @CristinaSantons
      @CristinaSantons День тому

      Been debt free for two years thanks to Kathie Daisy Bosco. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

    • @Lorimoore-g2s
      @Lorimoore-g2s День тому

      The thing is people often doubt the prospects of financial advisors like Kathie Daisy Bosco in business/markets today. Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word

    • @duanec.duanec.sutherland5292
      @duanec.duanec.sutherland5292 День тому

      This thread has been enlightening so far, some piece of Info I could use

  • @jessestraube6157
    @jessestraube6157 День тому

    Another great video from Practical Wisdom!

  • @bazojc8677
    @bazojc8677 2 дні тому

    The man who owns Blackrock. His advise is a trap for the masses.

  • @TheMudpit721
    @TheMudpit721 2 дні тому

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that's well prepared for any eventually, that's how some folks' been averaging 150k every 7 week these past 4months according to Bloomberg.

    • @mattrickenbacher-u45hy
      @mattrickenbacher-u45hy 2 дні тому

      Given your in-depth knowledge of the industry and your track record of success, I am confident that your recommendation would lead me to the right CFA who can cater to my needs effectively.

    • @YouTubeExplore77
      @YouTubeExplore77 2 дні тому

      Despite all factors I'm still scared about 'em and the fluctuation in prices of the crypto Market, but gonna also start trading right away.

    • @mattrickenbacher-u45hy
      @mattrickenbacher-u45hy 2 дні тому

      The worst reason to hold a coin is fear of missing out when it comes back. Four years in crypto I learned that lesson the hard way.

    • @martha149-r2x
      @martha149-r2x 2 дні тому

      It's important to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

    • @feeneymorley-si3cx
      @feeneymorley-si3cx 2 дні тому

      I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $100k across markets but don't know where to start.