Time Is Money: Young Man Builds $100K Portfolio Using Two Incredibly Simple Strategies
- 3 years ago
Ramit Sethi is the author of 'I Will Teach You To Be Rich,' and its associated courses and seminars.
His material is wildly popular, and provides many techniques for building wealth. Some focus on entrepreneurship, and others focus on investment.
One reader, Sunny Shah, built his own savings and investment portfolio by using just two techniques Sethi suggests.
According to Business Insider, he first used the pay-yourself-first strategy to prioritize saving.
Shah scheduled his deposits to his savings and investment accounts even before payments for household bills or discretionary spending.
And he used a dollar-cost averaging strategy to save for retirement and other long-term goals, investing the same amount each month automatically.
Now just 25 years old, Shah's savings and investment portfolio has surpassed the $100,000 mark!
His material is wildly popular, and provides many techniques for building wealth. Some focus on entrepreneurship, and others focus on investment.
One reader, Sunny Shah, built his own savings and investment portfolio by using just two techniques Sethi suggests.
According to Business Insider, he first used the pay-yourself-first strategy to prioritize saving.
Shah scheduled his deposits to his savings and investment accounts even before payments for household bills or discretionary spending.
And he used a dollar-cost averaging strategy to save for retirement and other long-term goals, investing the same amount each month automatically.
Now just 25 years old, Shah's savings and investment portfolio has surpassed the $100,000 mark!