Warren Buffett's Advice: Why You Should Buy and Hold

The market will crash, the worlds gonna end the government will collapse. My advice, BLOCK OUT THE NOISE and trust the market. Buy and Hold and invest in the Index. Over time you will see a great return. Or dont invest and be guaranteed to have nothing.

The investment is just like planting a tree as the days goes on you are going to enjoy them. Just think beyond

I just saw a advisor today.. I want to buy and stocks.. He told me to open an E trade account.. So I am looking for more information. Suggestions are welcome  Can I buy and hold long term with E trade?   Or is there a better way? Trying to figure it all out.

My best advice is from you Phil, wait for the market to be on sale after a crash then buy company's I want which are on sale! I'm new to investing and have quite alot of cash ready to make a move. I can't wait. Thanks for all your video's they are really helpful ??

Thanks for sharing Phil. Need more simple hands on instruction for newbies like this. So many people are afraid to do it cause they think they are going to get in trouble for giving financial advice. What a crock of BS! Lets help more newbies make money! Wall street is rich enough. Time to share the wealth. Happy investing 🙂

My best advice as a begginner is:

Don't buy more than you can afford to loose

My best advice was this, "don't participate in panic".

its so easy. :/

My favorite stocks:
ADBE
AMZN
V
MA
SQ
nvidia
APPL
With closed eyes I buy each share every month, except AMZN that I buy 1 in 2months.

Buy and hold, how I am going to get money to buy, if I keep holding old stocks?

I think it depends I think if you decide that TCBI is a good solid profitable bank to buy when it reaches the 30s in 2016 like me and now it is at more than 90 and still without a dividend there's really no problem because the stock is not fully valued yet and still has some room to move further, and when it does start paying dividend you're going to have 3 to 6% yield return. If you, however hold Mallinckrodt's stock and you think the price is too high at more than 80$ you better sell the stock. If Air Medical starts having nontemporary problems with its business practices the same, before you realize a loss on the stock.
So it depends, but you always need to have some stocks in your portfolio that you cling forever and pay good dividends otherwise you might have one bad year followed by 2 bad years and that's your retirement demise. It doesn't matter if the odds are in your favor or not if you play enough times you'll always lose. If you bought Glencore during the 2016 commodity crisis for interest you'd receive an 8% dividend if I remember correctly. I might have undervalued or exaggerated would need to see things again. UNP during the same time, almost 5%. So these are holders because they beat the market, which should be your 1st criteria.

There's a difference between gambling, speculating, and investing.

Problem is, 32 years ago you probably didn't even know what walmart was… nor did you think it would grow to this size… nor would your ass invest 10,000 in a company that was so damn irrelevant in those times

live on last months income
so last months salary pays for this months expenses,
this months salary pays for next months expenses etc

plan for foreseeable calls on capital.

have 3 – 8 months salary saved as emergency fund

I'm new to this, so when you sell your stock who buys it?

Bitcoin

10000 * 2^8 = 2.56m 😉

Thanks for sharing this Phil. This has got to be the most valuable piece of advice we have heard regarding investing.

"Everyone is wrong but Charlie." – Charlie Munger

"Lets attend that Rule #1 Transformational Investing Workshop" ~ My Wife It did teach us how to make better returns with low-risk, high-yield investments using Phil Towne and Warren Buffett's style.

Great info…I'm always all ears when its referring to Mr. Buffett…good stuff!

buy a business not a piece of stock.

I like this quote from Peter Lynch: "Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves."

"Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner." – Warren E. Buffett