Warren Buffett's 2 Investing Rules

Warren Buffett is obviously a successful investing. His net worth is upwards of $70 Billion. And that's Billion with a "B." So when he gives investing advice it is smart to listen. To get your free retirement reports be sure to check out http://retirementplanningmadeeasy.com #1. His first rule of investing is this: Never Lose Money Obviously he's being a bit facetious here, because even Warren Buffett will have a down year. But the advice does make sense. Consider that if you had a $100,000 portfolio and it decreased by 50%, it would be worth $50,000. You'd have to grow that $50,000 portfolio by 100% just to get back up to the break even level of $100,000. This actually happened to investors that were invested in the S&P 500 in 2008 and 2009. The S&P 500 index dropped about 50%. It had to increase by 100% just to get the investors back to break even. #2. So what is Buffett's second rule of investing? It is: Never Forget Rule Number One. That's how important he thinks it is to not lose money. To get your free retirement reports be sure to check out http://retirementplanningmadeeasy.com Need help with your investment portfolio? You can claim a spot on my calendar for a 20 minute phone conversation. You can do so by visiting: http://www.meetme.so/chrishammond

Comments

1. Not 70 billion... you kidding