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Study finds everyday millionaires rarely got rich picking stocks
Original: # Investing # Millionaire # PersonalFinance # Stocks https:// moneyables.com/i-studied-25-ev eryday-millionaires-almost-
Personal finance writer Money Ables says she studied 25 ordinary millionaires and found almost none built their wealth by picking individual stocks. Instead, the article argues, they got rich gradually through steady habits like saving, index investing and long-term investing. The piece has been shared via Kiplinger's investing feed, adding to an ongoing debate about whether stock picking or consistent saving matters more for building wealth.
Why now: It challenges the popular belief that investing in individual stocks is the main path to becoming a millionaire.
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Evidence
- # Investing # Millionaire # PersonalFinance # Stocks https:// moneyables.com/i-studied-25-ev eryday-millionaires-almost-none-of-them-got-rich-picking-stocks/?utm_source=flipboard&utm_medium=activitypub Posted into Kiplinger: Level Up Your Investing @… · Kiplingers@flipboard.com · 2
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