Everything is a process from quantitative change to qualitative change. The accumulation of wealth is not completed overnight. However, if the following ideas are borrowed, the accumulation of wealth can be accelerated.
1) The compound interest growth of wealth. Einstein said that compound interest is the eighth discovery of mankind. Warren Buffett once said that the accumulation of wealth is like a wet snowball sliding down a long hillside. As long as the hillside is long enough, the snowball will roll more and more.
2) The role of leverage. There is a leverage theory in physics. There is also leverage in the process of wealth accumulation. Example 1: You can buy an investment property worth $1 million with just a down payment of $200,000; Example 2: You can hire an employee who is able to create tens of millions of worth with only the salary of $200,000 per year; Example 3: If you post a message on the web and forward it through the circle of friends, the message will quickly promote a product to the world.
In addition, there are various financial leverages in various financial derivatives. Think about it, what skills do you adopt to grow your wealth?
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