Hey everyone. What are some of your wealth secrets that you could share with us?
Buying homes with cash and taking loans out on it?
Setting up trust funds in foreign countries and setting offshore corporations to avoid capital gains and taxation? (Sorry tax avoidance for any LEO reading this)
What are your secrets?
Get rid of your debts. Avoid unnecessary expenses. Create a fund for emergencies. Then set aside some of your income for investment.
The most important factor here is investment. It is very difficult to reach a certain level without investing. If you invest, you can look to the future with hope. I think everyone with a regular income should invest.
If your money is losing value in the face of inflation, what you need to do is invest. Investment protects you. It's up to you to invest in the right thing. We are here as Bitcoin lovers. For me, Bitcoin is one of the things I can invest in and trust right now.