The Most Important Investment According to Warren Buffett

Warren Buffett, one of America’s wealthiest people, is revered around the nation for being one of America’s leading voices in investment advice. So what does he constantly say is the best investment you can make? It turns out that the most important investment you can make is in yourself. Here’s just one of the many Buffett quotes on the topic:

Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.

Here are some ways that Rich Avery from Life Compass Blog, guest posting on Free Money Finance, says that you can invest in yourself:

  • Create Your Own Personal Development Plan: come up with a plan that defines your desired future or life’s purpose, evaluates your current reality , sets well-defined goals and creates a specific plan of action.
  • Be a Lifelong Learner: take classes, read good books, etc. and apply what you’ve learned in real life.
  • Improve Your Communication Skills: it is extremely important to learn how to be a good speaker as well as a good listener.

How do you make investments in yourself?

Check out the rest of the Free Money Finance article over at Warren Buffett on the Best Investment You Can Make.