Law Steeple Mba

One Decision Investing Law Steeple Mba

Wall Street is wrong Warren Buffett, the most successful investor of our lifetime, just proved that there is only One Decision you need to make to reach your lifetime goals. He bet $1 million on a One Decision strategy against a Wall Street guru with 4 different strategies. He beat them all. It is simple, he says. My wealth has come from a combination of living in America, some lucky genes and compound interest. A recent study of investments showed that when you pay less, you earn more. Another study showed that over a lifetime of investing, you may give up 63% of your potential nest egg by paying an advisor 2% a year. Buffett thinks the wealthy don't follow his advice because they think they are smarter than everyone else. But a business person realizes that it is impossible to pick the next Apple or Google. Just like most people know they will not win the lottery no matter how many tickets they buy. The One Decision strategy works because owning stocks for the long-term is the safest investment we can make. A bank account works for the short-term. It is not safe because inflation wil reduce it each year. Buying and selling stocks on Wall Street earns only 3.79% according to DALBAR. Use the Buffett strategy: One Decision and you're done.