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Invest in assets that appreciate over time from "summary" of The Millionaire Next Door by Thomas J. Stanley,William D. Danko
The wealthy individuals we have studied in our research consistently prioritize investing in assets that have the potential to increase in value over time. This strategy enables them to build long-term wealth and achieve financial independence. These individuals understand the importance of patience and discipline when it comes to investing, as they know that significant returns often require time to materialize. One common thread among many millionaires is their focus on acquiring assets that appreciate in value rather than depreciate. They recognize that certain types of investments, such as real estate, stock...
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