Can One Become a Millionaire Through Investing Alone?

Debunking the myth of ‘passive investing’

Image: robdobi.com

But the state won’t bail you out, nor will it help you in becoming a millionaire!

But despite that why do so many “experts” claim that investing is the way to a “lifetime’s worth of riches”? The answer is simple. The statement is partially true, and promoted for the masses, but what they don’t talk about are the detrimental effects of inflation, diminishing purchasing power, and planning the timing of depositing/withdrawing funds for emergency purposes. Let us explore the idea in detail.

Read. Learn. Invest. Stay consistent. But do not simply believe you next door neighbour the next time he says, he’s going to “buy and hold Tesla shares forever”!

Image: Sovereignman.com

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