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

0
700

'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.


Site içinde arama yapın
Kategoriler
Read More
News
Mortgage and refinance interest rates today, June 22, 2025: Rates move noticeably lower
Mortgage and refinance interest rates today, June 22, 2025: Rates move noticeably lower...
By Mystic Queen 2025-06-23 05:00:16 0 592
News
Atlanta surgeon says her boyfriend ‘doesn’t want to work’ — but stats show many men share this ‘deal breaker’
Atlanta surgeon says her boyfriend ‘doesn’t want to work’ — but stats show many men share this...
By Mystic Queen 2025-06-06 05:00:12 0 841
Health
Prostate cancer screening after 70: Experts question guidance after Biden's diagnosis
Prostate cancer screening after 70: Experts question guidance after Biden's diagnosis Former...
By Mystic Queen 2025-06-01 15:33:20 0 888
News
The 7 biggest things to expect at WWDC 2025 – according to Apple experts
The 7 biggest things to expect at WWDC 2025 – according to Apple expertsWhen you buy through...
By Mystic Queen 2025-06-09 05:00:17 0 810
Religion
The Transformative Journey: Stages of Kundalini Awakening for Growth
The Transformative Journey: Stages of Kundalini Awakening for GrowthStarting the transformative...
By Mystic Queen 2025-06-12 05:00:23 0 829
AtoZ Buzz! Take Control of the narrative https://atozbuzz.com