The Diary Of A CEO with Steven Bartlett Most Shared Moment: How To Get Rich *SLOWLY*: Scott Galloway
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Jan 3, 2025 
Scott Galloway, a renowned business professor and author, shares his wisdom on building wealth slowly and sustainably. He emphasizes the power of starting early with low-cost index funds and the significance of disciplined saving habits, aided by modern apps. Galloway explores the complexities of real estate investment, highlighting both its advantages and pitfalls for younger generations. He also addresses the challenges of home ownership and advocates for careful diversification in investments to secure financial success over time.
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Invest in SPY
- Invest in SPY (S&P 500 index fund) to diversify and capture market growth.
- Don't try to pick individual stocks, especially if you're a young investor.
Market Unpredictability
- Even the brightest minds in finance don't always know what the markets will do next.
- Diversification is key; don't assume you can outsmart everyone else.
Force Savings
- Start saving and investing early through forced savings plans.
- Use apps like Acorns, which round up purchases and invest automatically.