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The DIY Investing Podcast

Do you want to learn how to manage your own investments? Are you ready to stop paying investment management fees and start building wealth? The DIY Investing Podcast is dedicated to providing you with the knowledge, skills, and resources you need to be a better investor. Learn how to make investments through the use of fundamental analysis, mental models, and business management insights.

 

Please visit our website and subscribe to our mailing list at DIYInvesting.org for guides, videos, and resources to help make you a better investor.

  1. All Episodes
  2. 119 - How to become a Self-Made Millionaire

119 - How to become a Self-Made Millionaire

Aug 29, 2021

Mental Models discussed in this podcast:

  • Self-Made Millionaire
  • Cumulative Advantage
  • Compounding
  • Power of Habit
  • Privilege

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Show Outline

The full show notes for this episode are available at https://www.diyinvesting.org/Episode119

Inspired By Joshua Kennon Article

Book Recommendation: Millionaire Next Door

Summary:

Self-Made Millionaires are created by the choices and habits under your control, not your starting point in the world. Focus on the slow accumulation of advantages and ignore anything outside of your control.