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Warren Buffett dumped 2 US-based investments he’s long told Americans to buy — and his timing was auspicious

Moneywise
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Berkshire Hathaway dumped its entire positions in two S&P 500 exchange-traded funds in the last quarter of 2024 .

Buffett has long been an advocate of investing in as simple a manner as possible.

The Oracle of Omaha now has an estimated net worth of over $160 billion .

Buffett 's decision appears prescient in light of the turbulence in the U.S. stock market.

Dave Ramsey's advice to investors is to hold onto investments with good fundamentals for decades , relying on the fact that the stock market, broadly speaking, has a long history of recovering from downturns.

If you're worried about a near-term stock market crash, rather than panic, remind yourself of your long-term investing goals and make sure your portfolio suits your investment horizon.