How 1 Man Turned $10,000 into $8 Million
I never thought getting older was fun given my desire to make big money before I retire.
“Climb the career ladder”
“You’re running out of time”
Those are phrases I think about all the time.
But suddenly, everything changed. All the pieces of the puzzle fell into place. My outlook changed.
You see, I recently heard about one American who made his fortune later in life.
His name is Stewart Horejsi and he turned a modest $10,600 investment into an $8,016,867 fortune.
See, Horejsi piggybacked on the success of a man who rewrote the rules of investing.
And not too long ago, a team of Motley Fool analysts scored a front-row seat to hear this man speak. His name is Warren Buffett — the billionaire investor.
Like Horejsi, Buffett amassed his wealth later in life too. In fact, as Buffett blew out the candles on his 50th birthday cake, he had 1% of his current fortune.
Think about it: At an age when most Americans give up hope, Buffett was just getting started on the remaining 99% of his fortune!
So, you can imagine how excited the team was to find themselves in the same room as Warren Buffett himself.
Buffett fielded questions from those in the room for nearly 6 hours!
The catch was: No one was allowed to record any of it. No audio. No video.
They tried to write down every single word Buffett uttered. Over 10,000 words! I reckon their hands ached.
But boy was I glad they did! Buffett shared many of his master strategies, ones would-be early retirees can use to build wealth later in life. Even if they need to catch up. And even if the ASX gets clobbered again.
This was one of the most important things that ever happened to my finances. That’s why I want to share those strategies and tips with you today — so you can learn strategies like the ones Buffett and Horejsi used to amass their fortunes later in life.
We’ve gathered the strategies we learned from Buffett, distilled them down to 11 simple lessons, and put it in the exclusive report.
Please don’t delay. Click here to learn more now.
This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product. .