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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How do you accelerate your NW? Is it via smart promotions at work? Leveraging connections? Starting a side business midlife? Inventing something? Or making a personal brand? How can I go from $3.8 m NW (including a $1.2 million house), to quadruple that? [/quote]

By starting at age 22. In all seriousness,  if you’re not 22, investing in 100% equities (index funds - mostly S&P 500 with a smaller share of small cap value) and waiting 14 years = quadruples whatever amount you have invested. Starting as early as possible, investing in equities (bypassing individual stocks), and maximizing the % of your income you invest each month will accelerate your NW if done consistently over time. Note that this also means living well below your means. [/quote]

This is essentially what I did. At age 22, new college grad, walked into a Charles Schwab branch and purchased first mutual fund.  I grew up very poor, neither parent graduated from high school.  Worked extremely hard, lived well below my means, invested greater than 40 percent of income. Now 57…. Our NW is just over 9M. Spouse is retired military officer.  It can be done if you start early.  Made mistakes along the way, but basically followed Bogleheads ideas. [/quote]

+1[/quote]

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