How to Build Wealth: This Chart Tells All - Deepstash

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How to Build Wealth: This Chart Tells All

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 you need to save, and the rate  you need to compound it at, in order to reach your goals!

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MORE IDEAS FROM THE SAME ARTICLE

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...

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

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...

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