When I was younger, I thought millionaires were just lucky people born into a better life. But then I learned a statistic that dramatically shifted how I thought about money: 88% of all millionaires are self-made.
While there are certainly many roads to becoming a millionaire, there's one thing nearly all have in common: they put their money to work in investments. As a stock investor, the key to a million dollar portfolio is actually quite simple. Here it is expressed as a formula:
Buy great companies + try to never sell them
For further details see:
Dream of Becoming a Millionaire? It's Simpler Than You Think.