4 ms·
There's always the "get rich slowly" approach: put a large portion of your income in low-risk investments. This is slow but once you hit a critical mass in capi
by Jack000 11y ago
There's always the "get rich slowly" approach: put a large portion of your income in low-risk investments. This is slow but once you hit a critical mass in capital more interesting opportunities become available. Eg. you could eventually bootstrap your way to buying an apartment complex, parking lot etc.
I think a better question is how do non-computer people create wealth? Devs as a group are already predisposed to having higher income. For my family it has been to work really, really hard, live frugally and invest all disposable income. I'd venture to guess that most wealth creation happens this way - call it the long tail of wealth.