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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]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 it's just as clear which ones to buy now. 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] Oh really? What do you think it is clear as day to buy now?[/quote]
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