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If you are a middle-class individual looking to become wealthy, there are several things you can do to increase your chances of success. The stories of people like Theodore Johnson, Ronald Read, and the secretary who accumulated $9 million demonstrate that it is possible to accumulate significant wealth on a middle-class income.
This man was a UPS driver for years. He made a maximum of $14,000-$15,000 a year:
Theodore Johnson died with $70million after a friend told him about investing, which is why he got into it.
Yes, you read that right. $70million. Now sure, when he started investing, 14k-15k a year was worth 50k-75k in today’s money.
Yet it still wasn’t a huge salary. So, how did he manage it? Well, he invested very smart, long-term.
He wanted to make a difference when he died, so he gave it to charity.
He isn’t alone. This man was a janitor called Ronald Read who accumulated $8million:
This lady was a secretary and accumulated $9m: