May 06, 2013
By AM740 Staff
Free advice for Zoomers looking ahead to their retirement.
Billionaire investor Warren Buffett says most investors pay too much attention to when the stock market reaches record highs.
He says average investors should pay more attention to when stocks hit records in falling prices because that’s a sign they are getting cheaper.
Buffett met with Berkshire Hathaway shareholders on the weekend and says the U-S Federal Reserve’s efforts to keep interest rates low have helped markets soar … but the improving economic indicators also played a role.