If you’ve felt overwhelmed by the idea of investing in stocks, you’re not alone. Economic volatility, Trump’s tariffs, and market rumors can make learning about the stock market seem like a waste of time. But Warren Buffett’s advice can simplify the process for busy people looking to start investing.

Buffett advises buying low-cost S&P 500 index funds, emphasizing consistency over preferred stocks. With a net worth of $148 billion, Buffett practices what he preaches, investing 90% of his wife’s inheritance in these index funds. His philosophy focuses on simplicity, patience, and long-term wealth generation through diversified assets.

Avoid emotional decision-making in volatile markets and focus on rational, long-term growth. Buffett stresses the impact of fees on investments, urging investors to start young and prioritize low-cost index funds for broad market exposure. Consistency is key to successful investing, not timing the market or picking hot stocks.

Buffett’s timeless advice includes being fearful when others are greedy and greedy when others are fearful. By following his tips and practicing patience and discipline, novice investors can build long-term wealth without needing to be market experts. Remember, the key is to start early and stay the course with low-cost index funds.

Read more at Yahoo Finance: 6 Warren Buffett Tips To Follow When You Don’t Have Time To Research Stocks