When Warren Buffet talks, the world listens. Now you can throw children into the legions of people who follow Buffett's advice. CNBC is reporting today that Buffett will appear in an animated web series called, "The Secret Millionaire's Club."
The idea is to get children to grasp basic finance lessons well before they do things like, say, agree to a risky, adjustable rate mortgage. Here's Buffett:
"If we can get through to some young people, say it's better to be ahead of the game than behind, watch out for credit cards, most important message is the best investment you can make is in yourself. Teach them if something is too good to be true it probably is. So if they learn those things the easy way through these stories early on it may save them learning the hard way later on."
Buffett sat down with CNBC this morning. WATCH his entire interview -- and a clip of his animated alter-ego:
Of course, the interview wasn't all kid's stuff. Buffett actually had some encouraging words to say about the stock market. Here's his take on the Dow reaching 9,000 for the first time since January:
"I would much rather own equities at 9000 on the DOW than have a long investment in govt bonds or a continuously rolling investment in short term money now again I don't know where it's going to go next week or next month."