Investment advice is useless unless the advisor really knows something about you and your situation. Don't take a stranger's suggestion as gospel, especially if you didn't ask for it. While Berkshire Hathaway may indeed be an excellent stock to own, the typically small investor can't afford the $110,000 per-share price tag.

Take all investment advice with a grain of salt, no matter who it comes from. Even giants like Warren Buffett have been known to make mistakes. If an investment feels wrong to you, or dimply doesn't fit your long-term investment plans, then give it a pass.

Getting investment advice is something we all need to take into consideration. But, where do we get this advice from? There are a number of great sources that are working specifically for you. Consider hiring a financial advisor or a financial planner, who are dedicated to meeting your future needs.