If you want to be the best then you will have to learn from the best. Investment gurus are there to help beginners to start on the right foot. It all starts with taking care of the cents and the rest will fall in place. A solid primer on how it goes is all you need.
For more than 50 years, Warren Buffet’s investments have been nothing less than legendary, prompting observers to name him the “Sage of Omaha.” As a result, he has grown his wealth to become the world’s richest man ($58.5 B) several times over. A recent study also reveals he is the best investor ever in U.S. history. Thus, it’s no surprise that many individual investors and investment houses base their strategies on his financial philosophy, which emphasizes value, discipline and patience. If you want to broaden your money skills, get to know more about this surprisingly frugal and altruistic financial genius and check out his holdings via Stockpickr.
George Soros is a Hungarian-born business mogul, investor and philanthropist who is best known for closing one of the greatest trades of all time, which earned him $1 billion in a single day. That trade, which involved short selling the British pound, earned for Soros the reputation of being “The Man Who Broke the Bank of England.” Soros is a short-term speculator who makes huge bets on day-to-day currency rate movements, and the price fluctuations of commodities, derivatives, stocks, and bonds. His extraordinary investment track record is highlighted by the 30% average annual return generated by his Quantum Fund from 1970 to 2000. George Soros is also a prominent supporter of human rights, public health, education and other democratic causes around the world.
Now there are books that you can read and get very good information on investment. You can save time and money by knowing what to go for straight. You will get to learn some very fascinating facts for instance, before you make money, make friends.
Jean Chatzky for Money Management
I’d recommend Jean Chatzky to people who aren’t really in debt but want to be in control and happy about their finances and particularly to women who have decided to take control of their money.
I became a fan after reading her book You Don’t Have to Be Rich. The book focuses on two themes: first, finding balance in your life so that you can be happy even if you’re not rich; second, managing your money so that even if you don’t have a huge income, you can build wealth.
Suze Orman for Personal Finance Education
I’m not as fond of Suze Orman as I am of Jean Chatzky. I’m not entirely sure why, something about her doesn’t appeal to me as much.
I do admire her motto: “People first, then money, then things.” From what I’ve read, she seems relationship-oriented. She emphasizes that money isn’t everything. And on her show she addresses a lot of relationship/money questions.