6 Strategies for Rapid Wealth Building in Less Than Five Years

Introduction

Building wealth in a short period of time can seem insurmountable, especially if you don’t come from money. But making the right decisions can significantly impact your chances. All it takes is some strategy, discipline, and risk-taking.

1) Invest and Invest Some More: The most potent way to grow wealth quickly is through strategic investing. According to money guru Ramit Sethi, consistently invest a percentage of your income every year, and incrementally increase that percentage. Sethi recommends avoiding complex investments and emphasizes the effectiveness of a simple S&P index fund.

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February 22, 2024 | 5:30 pm