In the course of human's pursuit of wealth, time and space are like mysterious dimensions. Mastering its password can skillfully pry the lever of wealth and open the door to other wealth.
From the time dimension, compound interest can be called the magical fulcrum to incite wealth. Einstein once said that compound interest is the eighth wonder in the world. Imagine that you start your investment journey when you are young. Even if the initial funds are meager, with the continuous accumulation of time and the magic of compound interest, your wealth will grow like a snowball. Investing in a stable investment product with an annualized rate of return of 7% with a capital of 10,000 dollars will increase to 38,700 dollars in 20 years and 149,600 dollars in 40 years. This highlights the importance of layout in advance and letting the funds take root in a long time, just like sowing the seeds of wealth early in the river of time and waiting for the years to brew a bumper wine.
It is also critical to find the fulcrum of wealth leverage in global asset allocation across geographical boundaries. Different countries and regions have different economic cycles and market environments, and the high growth potential of emerging markets and the stable dividend income of developed markets complement each other. Reasonable distribution of assets in global stocks, bonds, real estate and other diversified fields can effectively spread risks. When one market is depressed, other markets may be booming. It's like cleverly laying down a position on the global wealth map and building a solid wealth formation. No matter how the economic situation changes, the asset portfolio can always move forward steadily in the wave of opportunities in different regions.
Iterative updating of knowledge and skills is an invisible lever to incite wealth through time and space. With the rapid development of science and technology, yesterday's popular skills may have become a thing of the past today. Only by continuing to learn cutting-edge knowledge and keeping up with the trend of industry change can we ensure that we are in an invincible position in the workplace and entrepreneurial wave. Mastering emerging technologies such as artificial intelligence, big data analysis, or deeply understanding emerging business models such as sharing economy and odd-job economy, we can tap the wealth vein that others have not yet noticed, turn knowledge into a powerful driving force for creating wealth, and let the source of wealth continue to gush during the time and space flow.
In addition, the expansion of the network of contacts is like weaving a large network of value in the time and space of wealth. Get to know elites and experts in various fields, and get valuable business opportunities, investment information and professional advice at critical moments. They may introduce key partners to you, or share exclusive market insights to help you overtake on the complex and changeable wealth track. Every sincere communication and in-depth cooperation is to add power to the wealth lever, make it take off on the stage of time and space, and take you to the highlight moment of wealth life.
