Warren Buffett and Bill Gates credit their success to focus. Gates was obsessed with coding as a teen, leading to Microsoft. Buffett began investing at 11 and is now a top investor. Buffett emphasizes focus on investments, while Gates focused on software, giving them a head start in wealth-building.

Starting investing now is crucial, as compound interest snowballs wealth. Buffett advocates for value investing in stocks and real estate. Platforms like Homeshares and Arrived offer opportunities to invest in real estate. Learning from past investing mistakes, like Buffett’s omissions, is key to future success.

Consider working with a financial advisor through Advisor.com to develop a wealth plan. Sign up for the Moneywise newsletter for actionable finance tips and news. Remember, investing doesn’t have to be complicated, start now to secure your financial future.

Read more at Yahoo Finance: Warren Buffett and Bill Gates once gave the secret to their success in 1 word. They gave the exact same answer