If Warren Buffett has one recommendation investors should follow, it's this: stay away from long-term fixed-income bets in U.S. dollars -- the dollar's purchasing power is heading south. According to Bloomberg, the Berkshire chief said in India yesterday: I would recommend against buying long-term fixed-dollar investments. If you ask me if the U.S. dollar is going to hold its purchasing power fully at the level of 2011, 5 years, 10 years or 20 years from now, I would tell you it will not. I would much rather own businesses. Itâs very easy to take away the value of fixed-dollar investments. Complete article: http://www.businessinsider.com/warren-buffett-avoid-long-term-fixed-income-bets-in-us-dollars-2011-3