'It's not taxed at all': Warren Buffett shared the 'best investment' you can make to fight inflation

0
2KB

'It's not taxed at all': Warren Buffett shared the 'best investment' you can make to fight inflation

Phil Osagie

5 min read

Warren Buffett, Paul Anka and Russell Peters attend 2018 Canada's Walk Of Fame Awards held at Sony Centre for the Performing Arts on December 1, 2018 in Toronto, Canada.

George Pimentel / Getty Images

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.

With an estimated net worth of $161.8 billion, Warren Buffett, the CEO of Berkshire Hathaway, has built a tremendous financial empire.

Now, At 94 years old, Warren Buffett has finally decided to retire from his longtime post, having announced the decision at the company’s annual shareholder meeting in early May. Vice-chair Greg Abel will take over the top job as of Jan. 1, 2026, and Buffett will remain as chairman.

With a net worth like his, you might anticipate Buffett living a lavish retirement. But unlike the high-roller lifestyles of other extremely rich celebrities and business people, Warren Buffett lives by smart — and surprisingly simple — investment philosophies that have positively influenced millions of investors around the world. One of his most famous rules is to buy and hold for as long as possible.

“You’ve got to be prepared when you buy a stock to have it go down 50% or more, and be comfortable with it… but some people are not really careful. Some people are more subject to fear than others.”

At the 2022 Berkshire Hathaway annual shareholder’s meeting, Buffet said “Whatever abilities you have can't be taken away from you. They can't be inflated away from you,” he said. “The best investment by far is anything that develops yourself, and it's not taxed at all.”

While this isn’t a traditional investment tip, Buffett firmly believes that by regularly investing in knowledge and self-improvement, you yourself become an asset and can more easily access opportunities for growing your wealth.

Even now, Buffett has wise investment advice for investors seeking to shield their wealth and even grow it while keeping their tax obligations low.

Here are some of his top investing strategies.

Real estate is generally a “good investment” during times of inflation, according to Buffett.

“They’re the businesses that you buy once and then you don’t have to keep making capital investments subsequently. So, you do not face the problem of continuous reinvestments involving greater and greater dollars because of inflation,” he said during the 2015 Berkshire Hathaway shareholders meeting.


Buscar
Categorias
Leia Mais
News
Elon Musk backs Warren Buffett’s proposal to ‘end the deficit in 5 minutes’ as the bold idea gains steam again
Elon Musk backs Warren Buffett’s proposal to ‘end the deficit in 5 minutes’ as the bold idea...
Por Mystic Queen 2025-06-11 03:51:15 0 2KB
News
This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues
This millennial was rejected from 200 jobs—now he makes millions charging wealthy families...
Por Mystic Queen 2025-06-23 05:00:15 0 2KB
News
A Millennial Says, The Older I Get And The Further In My Career I Go, The More I Realize How Deadly Accurate 'Office Space' Was
A Millennial Says, The Older I Get And The Further In My Career I Go, The More I Realize How...
Por Mystic Queen 2025-06-21 05:00:12 0 2KB
News
I Asked ChatGPT To Explain How To Make Money Without Working: Here’s What It Said
I Asked ChatGPT To Explain How To Make Money Without Working: Here’s What It Said Nicole...
Por Mystic Queen 2025-06-06 05:00:11 0 2KB
News
US says China's Huawei can't make more than 200,000 AI chips in 2025
US says China's Huawei can't make more than 200,000 AI chips in 2025WASHINGTON (Reuters) -China's...
Por Mystic Queen 2025-06-14 05:00:17 0 2KB
Sacred A to Z! https://sacredatoz.com