These Warren Buffett Investing Tips Could Be Your Ticket to Growing Wealth

Warren Buffett is one of the most successful investors of our time, so it pays to heed his advice on building wealth. Here are three moves Buffett has long advocated that it pays to incorporate into your personal investing strategy.

If you're going to hand pick stocks for your portfolio, it's important to choose them wisely. But if you don't understand how a company makes money or what edge it has over its competition, then you're not doing a very good job of vetting your investments. Buffett has long believed that you should buy up companies whose business models you understand and believe in, and it's a good practice whether you're new to investing or have been at it for years.

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Source Fool.com