Monday, 21 November 2016
The Secret To Build Wealth That Is NOT Known Or Shared By Other Investment Bloggers
Saving more than XX%?
Invest more?
Compounding investment return at X or XX%?
Ya!
On theory!
Yes!
But ... The SECRET!
What Uncle8888 has realized from the "rational" and practicing wealth builders on the ground who are now in their late 50s and 60s; the SECRET to build wealth in their 30s or 40s ..........
Don't lose money on their investment or get scammed (e.g. Oilpods, Landbanking, Time-sharing, etc)!
Don't invest just to break-even!
Subscribe to:
Post Comments (Atom)
Subscribe To
Posts
Comments
The question is not what to avoid or what to do.
ReplyDeleteIt is how to do it successfully.
;)
DeleteThey say if you missed the the few days of peak prices in a Bull market cycle, you won't make much money.
DeleteBut they also say if you missed the worst few days of a bear market cycle you will be better off then you missed the few days of peak prices in the Bull market cycle.
This means you don't have to in the market all the time.
Right?
i think there is most probably some truth in the sayings.
Or else why am i here writing about?
The question is how and not what?
No?
//
And the secret to accumulating wealth is simply living as simply as you can.
Or your needs are very few and can be easily fulfilled.
This remind me the book - "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko.
If you start living the habits of "The Millionaire Next Door" when you are in your wealth accumulating phase, i think you will be the next "The Millionaire Next Door" very soon.
Cheers!