Warren Buffett, the world’s most successful investor, knows how to earn money by betting on billionaires around the world. It is believed that this is also the reason for the continuous increase in Buffet’s wealth. Whatever they bet on, they have made profits. Warren Buffet has also invested money in the Indian company paytm. He laid down the principles of investment many years ago, on the basis of which he still makes investment decisions and earns billions of profits. Let’s know the investment tips of Warren Buffet …
Earn in billions
Although he has invested in many companies, but if he sees his 5 big investments, then he is continuously increasing the investment in it. In many companies, his investment is more than 25 years old. Even after this, he continues to invest in these companies. He gradually increased his stake in these companies and now profits of billions of rupees are being made. He had set some formulas for investment in his early times, on which he still sticks. Due to this he is earning huge profit. If these formulas are taken care of, then anyone can earn well from the stock market.
Here are Buffett’s investment tips
1# Do not start investment without planning
While investing, it is important that you have some plan, because investing without a goal is often not profitable. After investing wisely, it is important to wait patiently for the results.
2# Take advantage of diversification
According to the buffet, all your eggs should not be kept in the same basket. This formula should also be applied to investments. The amount of money you have worth investing should be distributed all over the place. Neither invest the entire money in debt nor in equity, maintain the balance of all.
3# Look at the Value, Not the Price
According to Buffett, price is what you pay for, but value is what you get in return. That’s why run after the price, not the price. According to him it takes 20 years to build a reputation and 5 minutes to ruin it. Therefore, whenever you invest, choose companies with this formula.
4# Do not keep the same source of your income
According to him, do not depend on only one source of income, even if it is a job. Create multiple sources of income. Invest for this, so that you can earn some extra. According to him, if you keep on buying such things which are not needed, then soon you will come in such a situation that when you have to think about making the necessary purchases.
5# The rich invest in ‘time’
According to Buffett, rich people invest in ‘time’, while foolish people invest in money. Buffett considers time to be very valuable, how much time has to be given to what thing or work, this management takes the person forward. According to him, every person gets only 24 hours and everyone uses these hours according to his own. The right use of time is also called right investment.
