How to get rich investing

Everybody ought to have a comfortable retirement, and most people want more choices and freedom in life.

Many people want to get rich too, or at least be comfortable. The good news is that you can become a millionaire investing just $500-$1,000 a month, and a multi-millionaire investing $1,000-$2,500 a month.

The bad news is that most people fail at investing.  Even some highly knowledgable investors fail, due to human nature. Like a doctor who can’t stop smoking or overeating, many knowledgable people can’t resist the urge to speculate, get greedy and/or feel fearful when markets are crashing.

I have consistently argued that it is good to have a two-stage process.  First, read some of the evidence in the reading section of my website. If you think you can invest yourself, go ahead.

However, for others out there, I know you simply don’t have the time, to invest your own money, so would prefer an advisor to help set up a low-cost international account.

For those that need help, I can help set up accounts that are:

  • Easy and speedy.Like you, I am frustrated by bureaucracy and time wasting. Time is money.  I am busy and I am sure you are too. My aim is to save you time and money by doing things online as quickly and effortlessly as possible.
  • Reasonable account minimums: of $40,000 for lump sums, and $500 a month for long-term global retirement accounts.  Those minimums are gradually being increased over time, however.
  • Low cost: 1% yearly fees.  0.75% on accounts above $250,000, and 0.5% on accounts above $500,000.
  • Funds based in UK and US Territory:or other locations that have good investor protections.
  • Globally available: for everybody except people living in Americans (American expats are OK).  Accounts are particularly useful for expats who are moving from country to country

The accounts aren’t for everybody.  They aren’t for people who prefer to speculate and take unneeded risks than to actually invest in a low-cost and long-term way.

Below are some client recommendations are taken from my LinkedIn :

I also 1-2 recommendations are also available on Youtube.

Further reading:

  1. Which kinds of clients do I reject?
  2. Best Investment Books for beginners 

 

 

6 Replies to “How to get rich investing”

  1. I am interested in trading. I am beginner in trading. Let me know if you can give advise of what stocks to buy. How much you charge for this?

    Like

  2. Hi Fayed,
    I follow your posts in Quora regularly. Your posts are really helpful for young and budding investors. I want to invest on a long term. I am a beginner and currently I work in Austria. Can you guide me on investing from Austria.

    Thanks

    Like

  3. Hi Fayed,
    I follow your posts in Quora regularly. Your posts are really helpful for young and budding investors. I want to invest on a long term. I am a beginner. Can you guide me on investing from Austria.

    Like

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