Printer Friendly
Email to a Friend
Buffett Advice on Investing
OMAHA, Neb. (AP) _ Billionaire Warren Buffett says investing in
stocks is almost always preferable to investing in bonds or gold.
Buffett offered Fortune magazine an excerpt from his annual
letter to Berkshire Hathaway shareholders that will be released
later this month.
Buffett says investing in a productive asset, like stocks or the
businesses Berkshire owns or farmland, offers the best chance for
investors to increase their purchasing power over time.
He says investors who turn to bonds or gold in times of market
panic often fare worse over time because bond interest rates have
trouble keeping up with inflation and taxes. And he says the only
way gold prices increase is if the number of fearful investors
continues to grow.
© Associated Press
|
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Cold case investigation leads to Holton warrant
Effingham owner regains truck following theft, arrest
Horton City Clerk's resignation accepted Monday
Local residents avoid injury in chain reaction crash
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
Winchester native named as Amberwell CEO
Two arrested following Friday Jackson Co traffic stop
McLouth man injured in Monday wreck
No injuries in early Sunday morning house fire in Falls City
Former Kickapoo Tribal chairman arrested
Senator Slama on tax relief efforts
LATEST STORIES
Holton property search concludes with arrest
Former Kickapoo Tribal chairman arrested
Atchison company earns energy grant; upgrades planned
Winchester native named as Amberwell CEO
April is Alcohol Awareness Month in Nebraska
MoDOT to discuss Holt County bridge projects
Sheriff's Office to take part in drug take back event
Council hears report from golf course
Hiawatha, Ks 66434