5 factors to get rich. Income, savings, investment, attitude, and luck. Let's take a look at these 5 factors.
It is difficult for a person who cannot make money from income or labor to become rich. Less than 1% of people will succeed as a full-time investor. You have to go to work and earn a salary. You have to do something to earn money. You have to study hard every day to get better at your day job. Practice your day-to-day work like a professional performer or an athlete. Very few do so. You will definitely get ahead of yourself.
There is a book whose main theme is saving. It is "the rich of Babylon." The advice is written on the board of ancient Babylon. "Spend less than you earn," "Manage your spending." You spend less than you earn, and you build up money. If you spend money, you lose it.
Investment. You have to make money from compound interest with the intention of becoming rich slowly. Just remember five words. Long-term investment in large blue-chip stocks in the U.S. It's most important not to lose. The second important thing is not to leave the market. The magic of compound interest takes time. The person looking the farthest rises the highest.
Posture. You must qualify first and be prepared to receive it later. No matter how many years you try, your salary can stay in place. No matter how many years you invest, your stock price can fall and go sideways without going up. You have to try first, wait first, and be patient first. You can't stand to do as much as you get. The world never gives first. If I pay first, the world gives times more. Pay first. If I did well, eventually my income will increase. If the stock is good, eventually the stock price will rise. Never give up. There is no dawn when the morning does not come.
Luck. The only way to keep good luck is to keep trying until you have good luck. The more attempts you make, the more lucky you must be. So you must never go all-in at once. You must not leave the sea to meet the waves. You must survive until you are lucky to be lucky. So you must never lose it. When you survive, you must have a good day. Luck does not leave and comes to those who stay for a long time. Don't bet everything at once.
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