Showing posts with label IMF. Show all posts
Showing posts with label IMF. Show all posts

Thursday, October 30, 2025

How do most people become wealthy

Think and act on the way to riches/millions

The wealthy people get consistently high returns on their investment:     IMF on wealth generation

Percentage of the worlds population who are millionaires   Wikipedia on number of millionaires worldwide   








Which jobs, industry produce the most millionaires:     Forbes say it  1.  finance and investment, 2.  tech, 
3.  manufacturing, 4.  fashion and retail,  5.  health care.   


This post knows of MDS who invested P200,000 each in a startup hospital and even led them in strategic planning and were able to exit at P63M each.  Congrats

Most people get rich in entrepereneurship and business and the highest returns happen on exit   ie selling out, M and A

Average return on stock trading and crypto

Think and act on the way to riches/millions For the stock market in USA it is 14.7% per annum for the past 11 years from 2014 to 2024 For cr...