You probably be wondering how easy is it to be a millionaire in the United States. If you have been on Reddit long enough, you would have been overwhelmed by new threads started on folks seeking help getting out of debt.
Its refreshing to find one that shares how folks build their net worth to more than a million dollars. You can read the thread and full comments here.
With a lax monetary policy, 1 mil is not a hard target. However, what you will notice is that many of them are very young.
They do have some commonality:
- They make less mistakes than most. You don’t have to be an exceptional player. Some of them don’t even invest. They just do less stupid things with their money
- They have a propensity to save
The frugal salesman
You don’t have to be a great investor to build crazy wealth. (Read more...)
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