Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Warren Buffett is one of the most successful investors of all time and one of the richest men in the world with a net worth of $79 billion, most of which he intends giving away to good causes. He leads a relatively simple life in Omaha, Nebraska and has lived in the same house since 1958. Multi-billionaire Warren Buffett is a ‘value investor’ who invests in companies for long term though Berkshire Hathaway, which has given shareholders a remarkable average annual return 20% since 1965. A single share in Berkshire now costs over $280,000. He looks to buy companies at a price which gives him a ‘margin of safety’. In other words, he only buys at below-market value and pays no regard to the sticker price quoted on the stock market. “Price is what you pay. Value is what you get.” Warren Buffett Can you apply this investment philosophy to property? Of course you can! All property investors want to buy property at below market value. However, very few take the time and trouble to keep researching the market in order