Sunday, 12 January 2014

How boring 'secret' to being rich (2)



Read? How boring 'secret' to being rich


The Hard Truth

Not all of us can succeed in climbing the corporate ladder.









By late 30s and early 40s; we should already know it.

We should then switch to climbing investment ladder by all means.


Where is the climb up the corporate ladder?

Uncle8888 tio stuck!!!


Really boring at 4.8% CAGR over 18 years!





























Climbing Invest Ladder
 
 
It is less boring with CAGR of 9.7% over 14 years.
 
 
It does help him in wealth building for an average worker like Uncle8888.
 
 
 

5 comments:

  1. Why not measure CAGR of your earned income after tax today?

    Is the number a surprise to you?

    ReplyDelete
  2. It shows uncle is more suited for investment than corporate ladder type of lifestyle ;)

    ReplyDelete
  3. Account size matters in climbing investment ladder and that has to come from climbing corporate ladder first. :-)

    ReplyDelete
  4. Well you need money to make money!
    Of course you need to have good income before you have the investment capital to create wealth.

    Regards,
    Gerald
    SG Wealth Builder (www.sgwealthbuilder.com)

    ReplyDelete
  5. When you're young, men at work.

    When you're old, money at work.

    ReplyDelete