Long-term wealth accumulation & Trading Strategies
Long-term wealth accumulation guide and a little overview of trading strategies utilized by investors.
How can I build a fortune? or How can I invest my money profitably?
These and similar questions probably concern every investor — for different reasons. One would like to be secure in old age or earn a passive income, the other would like to own a home, finance travel, or retire earlier.
With this wealth accumulation guide, I want to show you which options are available to you for creating financial wealth so that you can achieve your financial goals.
What does wealth accumulation mean?
If you want to build up wealth, it means that you invest your saved capital or part of your income and let this money work for you for a longer period of time.
The capital that you invest once or in several tranches grows and ultimately results in a larger amount of money — a fortune — through interest, compound interest, dividends, or rental income.
But what actually is a fortune, or rather, with what amount are you wealthy?
While for one or the other an amount of $ 50,000 may sound like a lot of money, for…
