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Start small and grow your investments over time from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki,Sharon Lechter
The key to building wealth is to start small and gradually increase your investments over time. This allows you to learn and grow without taking on too much risk all at once. By starting small, you can test different investment strategies and see what works best for you. As you gain more experience and confidence, you can gradually increase the size of your investments. Starting small also helps you to develop good financial habits. By investing a small amount regularly, you can build discipline and consistency in your approach to wealth building. It is important to be patient and not expect instant results. Wealth building is a long-term process that requires dedication and commitment. As you grow your investments over time, you can enjoy the power of compounding. This means that your money can grow exponentially as you reinvest your earnings. The earlier you start investing, the more time your money has to compound and grow. This is why it is important to start small and stay committed to your investment goals. Another benefit of starting small is that it allows you to diversify your portfolio. Diversification helps to spread risk and protect your investments from market fluctuations. By investing in a variety of assets, you can reduce the impact of any one investment performing poorly.- Starting small and growing your investments over time is a proven strategy for building wealth. It allows you to learn, develop good financial habits, benefit from compounding, and diversify your portfolio. By staying patient and committed to your goals, you can create a solid foundation for financial success.
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