"It's Gambling": Warren Buffett Just Issued a Blunt Warning to Investors -- and History Says He's Right.
Investors may want to exercise caution right now.
Overview
The S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) have been breaking record after record over the past year, but there's at least one investor who is being cautious right now.
Warren Buffett expressed concern over the stock market in a recent interview with CNBC during Berkshire Hathaway's annual meeting, even going so far as to say that some investors are "gambling" right now.
Details
While even renowned investors like Buffett can't predict the future, decades worth of history suggest that he's spot-on. Here's his best advice for what investors should do right now.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.