Answer:  Watch the video below and find out…Be sure that your students catch the clip when Buffett says that this is the same advice that he would give 99% of investors too (from CNBC):  

http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000358347&size=530_298

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Check out the NGPF Lesson on Investing Basics

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.