Mr. Buffett, like a lot of people, mischaracterizes gold as an investment. It is not. Gold is a store of wealth, not a tool realizing future gains (although that may happen). It is disingenuous to compare gold to stocks, or even to farmland as Buffett does. When you buy land, it doesn't miraculously produce crops (wealth) for you, you must input labor and resources (money) first.
I know this is nothing new, but investing in yourself through education is far and away the best investment out there. Governments, thieves, natural disasters and who knows what else can seize or destroy your stocks, bonds, gold, and land, but they can never touch your knowledge and experience. Even if you loose all of your possessions, you can use what you know to reacquire them. If the goal is "preserve AND grow" wealth, educating yourself is the best investment.
I know this is nothing new, but investing in yourself through education is far and away the best investment out there. Governments, thieves, natural disasters and who knows what else can seize or destroy your stocks, bonds, gold, and land, but they can never touch your knowledge and experience. Even if you loose all of your possessions, you can use what you know to reacquire them. If the goal is "preserve AND grow" wealth, educating yourself is the best investment.