Links to Great Articles on Creating Wealth


Articles on wealth creation

Here is a nice post on the habits of people who have created wealth, and the rules you can follow to get there.

What is the difference between Getting Rich and Staying Rich.  The link has a great article on staying humble to stay Rich. I would also add that remaining teachable is also a good way to staying rich. It is hubris that can make the difference between Getting Rich and Staying Rich.

The wealth creation journey is not a slow and steady one. If one wishes high returns, one must be prepared for high drawdowns as well. The drawdowns are both in terms of money and in terms of emotions. Here is a great article which talks about the importance of stoicism in the wake of large drawdowns, and why reacting with equanimity to a large drawdown is critical if one wants monster returns.

Here is another one along the same lines where the author talks about how short-term loss is the price of admission into long term gains.