Untrue, life isn't a set formula of do X then Y then Z. He's laying out a rough guide, not an exact plan. You can get more than 10% in smaller scale investments

Untrue, life isn't a set formula of do X then Y then Z. He's laying out a rough guide, not an exact plan. You can get more than 10% in smaller scale investments (eg: not high risk) - but not in traditional methods. You have to think further than "invest in stocks".