Pandemics, world wars, recessions, investing strategies have come and gone. But through the thick and thin of it, the core principles of wealth building haven’t changed. Though being proven by studies year after year, these simple rules are often ignored because they’re far too simple; too boring.
The beginners in the field of investing often expect, and even find assurance in believing that wealth building is complicated. So they try their hand at stock picking, trading, futures, timing the market, and a million other things.
Most fail to develop a clear long term strategy. In the process, they not only multiply stress, but end up faring far worse.
All teachers do generation after generation is teach still-valid established principles, so newer generations can carry the lessons forward. So with that in mind, here are those tenets, reworded and simplified for everyday use – the fivefold path to wealth.