The answer? It’s mostly through slow and steady investment.
The article defined wealthy as those with at least $3 million in investable assets, which is easily within reach.
According to the survey, more than three-quarters of the wealthy investors surveyed came from middle-class or lower backgrounds, and earned their wealth mostly through income from work and investing.
They took one of three basic paths to wealth: earning it; investing to get it, or becoming an entrepreneur. Only 10% attributed their wealth mostly to an inheritance. In short, the wealthy have worked their way to their enviable portfolios, and took a long time getting there.
Regardless of the asset (preferably stocks or real estate), diligent saving and investing over time will let anyone achieve great wealth.