Everything You Need to Know About Wealth Building - Deepstash

Bite‑sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

published 4 ideas

Everything You Need to Know About Wealth Building

lynalden.com

How to Build Wealth: This Chart Tells All

As the chart shows, if you want to build wealth, there are really only two things to get right:

  • Increase the difference between your income and expenses
  • Save that difference and grow it exponentially over time

That’s it.

This chart shows you exactly how much y...

10

STASHED IN:

55

How to Increase Your Income and Save More

Worrying about whether your wealth is growing by 6% or 8% per year won’t matter so much if you can’t make enough money to reliably save and invest each month.

Here’s an overview of three ways to earn enough income to start some serious wealth accumulation.

  1. Pick a high-paying job

7

STASHED IN:

52

How to Achieve a High Growth Rate on Your Savings Pt.1

To invest money for high rates of return, you usually either need to take on increased risk, increased volatility, or decreased liquidity.

Here’s an overview of how to achieve your target rate of return. Usually you’ll want a blend of several of these asset classes for optimal diversificati...

9

STASHED IN:

58

How to produce 8-12% annually:

  • High-yielding dividend stocks 
  • Emerging markets and other international stocks or ETFs trading at low valuations.
  • High-quality Real Estate Investment Trusts and Master Limited Partnerships
  • Investment strateg...

9

STASHED IN:

56

0 Comments

Discover and save more ideas by creating a

FREE

Deepstash account.

Develop a

reading habit

, save

time

and create an amazing

knowledge library

.

GET THE APP: