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Reply to "Is it possible to get rich solely through frugality, saving & investing?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Ofcourse. I did it on $25-$35k income. I can do it again now that I have the know-how and extra $10kx5 to piss away out of a million. I went with high risk, but I would be at the same spot after 16-20 year medium risk investing. It is clear as day what stock you were supposed to buy 15-20 years ago to be doing fine now, and[b] it's just as clear which ones to buy now[/b]. The reason so few people do it, is that they are too busy crying for the lost $5000-$10,000. The ones who are not afraid, can take $10k and grow it to million. While million is not rich, it's enough to survive without working much.[/quote] And what would those be oh great sage?[/quote] Yes please share as I am clueless and want to be rich also![/quote]
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