If you want to hold a cash, park it in high yield savings accounts or buy US treasury bills & bonds. For all his talk about "not holding cash", Buffett has $150 billion in 3 & 6 month treasury bills. Although we would suggest investing in longer duration bills and bonds to lock in current higher interest rates.
Meanwhile he's sitting on staggering 180 bil cash pile and he seldom diversify his portfolio. This is epitome of "never let you know your next move" personified
I don't know how I feel . I have zero debt . I don't own anything nice . I rent I have an old 25 year old car. I am heavily invested into crypto ( I put money inwas going to buy house ) into the bear market .. Society makes me feel like I haven't made it an that I'm way behind in life …
I would have to see the whole clip in context bad people should at least have an emergency fund for water heater goes out or roof needs replacing or alternator…
I can understand people being bearish with these conditions. However, it is not reasonable for most people to sit on the sidelines while your cash position debases by 10% or more per year..What is the best way for me to avoid inflation eating up my cash reserve of about 300k while investing it?
I like the recommendation for individuals to have two different banks with the objective to save a min of 10% of their earnings in a separate bank from their main bank account and to do this until they have 3-12 mo of their baseline expenses set aside. The separate banking institution seems to help some with the ability to treat the income reserves fund as “out of sight, out of mind.”
Next consider using a min of 15% of your income to buy income producing assets (such as ETF, low-cost index,stocks) and or use it to pay down high interest debt where that exists.
Once your 3-12mo emergency fund / cash reserves is funded you can add that 10% to the 15% investment purchasing fund to equal 25%.
If you have a need to dip into the cash reserves then you can resume using the min 10% formula to back fill it before moving forward to fund investments.
Temporarily pausing the investing or directing a portion of the 25% to save for a down payment on a home is an option, particularly if it is financially difficult to do so while building your other investments.
Use the remaining 75% of your earnings for living expenses and saving up for expenses and purchases.
It does take some financial discipline and sometimes the financial brain doesn’t fully develop until about age 35, so I’m told but having a template to go from and some education is a head start we all need.
Why has Mr Buffett $189 B in cash then. Debt is $130 B…imo save as muchcash as you can don't listen to all th BS. 25% towards investments & the rest towards a freedom fund or emergency fund…aim for a 20- 40% savings rate.
Warren, millions of Americans have been struggling and trying to catch up with the mandatory expenses if life. Now that struggle is truly more difficult than ever.
This (originally) western style of capitalist living is so terrible if you think about it, it enslaves you into an unnatural way of life. I much rather enjoy the simple life. Land, animals, family, culture, traditions, mental growth, good food, etcetera.
Warren buffet is not a financial genius. The advice he gives is not rocket science. He literally talks like a normal person with basic common sense investing knowledge. He’s just another regular dude that got lucky by investing in the right assets at the right time. This can literally happen to 99.9% of all investors. The problem is that most people do not invest at all so it makes the people who actually invest look like geniuses when they become wealthy overtime. This is suppose to happen to everyone. Most of the time it’s all about when you invest for significant growth. That’s why I don’t understand why some folks bash long term strategies for leverage ETFs. They can literally make you a multi billionaire if you invest into them and dollar cost average into them in the right time periods with the right market condition.
Is it just me or does every finance video just have spam/scam comments? I can’t even see what people are saying about videos any more because every time it’s just spammers.
airgui
jim
I like Warren but… he paid an enormous amount of money to install an Enemy of America into the president position …..never forget.
All that money and time is catching him.
Said a billionaire worth of at least 100 billions 😂😂😂
Take that cash and invest in Berkshire right?🤔🤣
Did you earn your money the old fashion way ,, you earned it ,, 👶🎤🙏🩲👶🎤🙏🩲💼💼
Still can't find way but Hathaway
"House is paid off" is difficult to achieve in Singapore in the first place😂 people slog for it
If you want to hold a cash, park it in high yield savings accounts or buy US treasury bills & bonds. For all his talk about "not holding cash", Buffett has $150 billion in 3 & 6 month treasury bills. Although we would suggest investing in longer duration bills and bonds to lock in current higher interest rates.
He’s talking about a small group of people that have extra cash .
Sir I will copy paste like
Bill gates just hiding under shelters of this genius
Of course he is greatest man of centuries
I bet Warren would give up all his money to be my age which is 34. What do you think?
Many ppl work hard and can't get there.
The GUVNOR❤
Balloon amount ❤
Meanwhile he's sitting on staggering 180 bil cash pile and he seldom diversify his portfolio.
This is epitome of "never let you know your next move" personified
They why does he have 200 billion in cash equivalent
I'm here to laugh at all the losers in the comments who'd rather revel in their trashiness and claim oppression than actually make smart decisions.
hi
I don't know how I feel . I have zero debt . I don't own anything nice . I rent I have an old 25 year old car. I am heavily invested into crypto ( I put money inwas going to buy house ) into the bear market .. Society makes me feel like I haven't made it an that I'm way behind in life …
I would have to see the whole clip in context bad people should at least have an emergency fund for water heater goes out or roof needs replacing or alternator…
When he dies crypto will explode
Whose house 🏠 s paid off Warren?
I can understand people being bearish with these conditions. However, it is not reasonable for most people to sit on the sidelines while your cash position debases by 10% or more per year..What is the best way for me to avoid inflation eating up my cash reserve of about 300k while investing it?
Lol, it's me – today I invested everything, that I don't even have 10$ 😂😂😂
Excellent mentor
I like the recommendation for individuals to have two different banks with the objective to save a min of 10% of their earnings in a separate bank from their main bank account and to do this until they have 3-12 mo of their baseline expenses set aside. The separate banking institution seems to help some with the ability to treat the income reserves fund as “out of sight, out of mind.”
Next consider using a min of 15% of your income to buy income producing assets (such as ETF, low-cost index,stocks) and or use it to pay down high interest debt where that exists.
Once your 3-12mo emergency fund / cash reserves is funded you can add that 10% to the 15% investment purchasing fund to equal 25%.
If you have a need to dip into the cash reserves then you can resume using the min 10% formula to back fill it before moving forward to fund investments.
Temporarily pausing the investing or directing a portion of the 25% to save for a down payment on a home is an option, particularly if it is financially difficult to do so while building your other investments.
Use the remaining 75% of your earnings for living expenses and saving up for expenses and purchases.
It does take some financial discipline and sometimes the financial brain doesn’t fully develop until about age 35, so I’m told but having a template to go from and some education is a head start we all need.
The guy has too much money… Buy he seams not to be enjoying the money…
I'll be more relaxed 😎 with all that money… I loose the tie .
Awersome ❤
Why has Mr Buffett $189 B in cash then. Debt is $130 B…imo save as muchcash as you can don't listen to all th BS. 25% towards investments & the rest towards a freedom fund or emergency fund…aim for a 20- 40% savings rate.
To many "if"😊
Warren, millions of Americans have been struggling and trying to catch up with the mandatory expenses if life. Now that struggle is truly more difficult than ever.
The first line, took me off the market.."If your house is paid off." 🎤 dropped
Meeh….?!
A perspective shift for me
Oh yeah that's great but reality is just a little different.
He lost me with the first if.
Me. 63 high school dropout
Retired. House paid off. No debt at all.
I have a good pension and a large savings account. Life is good
ông vẫn khoẻ chứ🎉
Thanks. Warren Buffett is one of the greatest investors of all time.
This (originally) western style of capitalist living is so terrible if you think about it, it enslaves you into an unnatural way of life. I much rather enjoy the simple life. Land, animals, family, culture, traditions, mental growth, good food, etcetera.
Warren buffet is not a financial genius. The advice he gives is not rocket science. He literally talks like a normal person with basic common sense investing knowledge. He’s just another regular dude that got lucky by investing in the right assets at the right time. This can literally happen to 99.9% of all investors. The problem is that most people do not invest at all so it makes the people who actually invest look like geniuses when they become wealthy overtime. This is suppose to happen to everyone. Most of the time it’s all about when you invest for significant growth. That’s why I don’t understand why some folks bash long term strategies for leverage ETFs. They can literally make you a multi billionaire if you invest into them and dollar cost average into them in the right time periods with the right market condition.
Have sum bitcoin , is that what he said
Buffet’s voice talking about investing to me is like music
Is it just me or does every finance video just have spam/scam comments? I can’t even see what people are saying about videos any more because every time it’s just spammers.
I didn't understand a word Grandpa just said 😅
Pipe dreams