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Moneywise

Warren Buffett once explained what he'd do to turn $10K into a huge fortune if he were a new investor today — here are 3 of his simple strategies

Moneywise
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71% Informative

Berkshire Hathaway CEO Warren Buffett has shared three rules that helped him amass his fortune.

Buffett said that if he were starting again today with $ 10,000 , he would focus first on small businesses.

Small-cap stocks were roughly 30% cheaper than large-cap ones in the final quarter of 2023 , according to BNP Paribas .

Buffett ’s best advice for investors is to get started as early as possible.

He bought his first stock at the age of 11 and is now 93 years old and still actively investing.

Ordinary investors can best harness the power of compounding by starting as early.

A great way to get a foothold on your investing strategy is with Acorns .

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