The Warren Buffett Portfolio for Novice Investors
Tuning in to Warren Buffett's interviews and exploring his writings gives you an abbreviated introduction to the best practices of investing. And while Buffett often delivers conceptual nuggets of investing wisdom, he doesn't hold back on specific, actionable takeaways. For example, in a 2013 letter to Berkshire Hathaway shareholders, Buffett provided the exact allocations of the portfolio defined in his will. And guess what? That portfolio is crazy simple. If you have a brokerage account and know how to request a trade, you can mimic Buffett's plan today.
All you have to do is put 10% of your money into short-term Treasury securities and the rest into a low-cost S&P 500 index fund.
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Source Fool.com
