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There's one important point that I make sure to remind my readers of often because it keeps them on the path to wealth when they're tempted to step out onto the sidelines.
It's easy to forget this or get discouraged during your investing journey. Even seasoned investors can have moments of doubt when they hit a setback. But the powerful truth is that it's completely real and achievable.
The message is this: It's absolutely possible to become a millionaire, even without a lot of money to start with.
And the key to turning a little into a lot is surprisingly simple.
Now, one hurdle to overcome is to not let yourself be "beaten" before you even start.
I've seen it happen. People fall prey to get-rich-quick schemes, fancy trading seminars, and all sorts of investing-related hooey that races across the Internet. Worse, they decide they're only going to "lose" so much in the effort to line up big profits.
Building real wealth takes diligent effort, focus, and discipline. There will be ups and downs. There will be losses along the way.
But don't believe anyone – even the voice inside your head – telling you that it's not possible. You can turn a little into a lot.
The answer isn't money. It's time.
About the Author
Keith is a seasoned market analyst and professional trader with more than 37 years of global experience. He is one of very few experts to correctly see both the dot.bomb crisis and the ongoing financial crisis coming ahead of time - and one of even fewer to help millions of investors around the world successfully navigate them both. Forbes hailed him as a "Market Visionary." He is a regular on FOX Business News and Yahoo! Finance, and his observations have been featured in Bloomberg, The Wall Street Journal, WIRED, and MarketWatch. Keith previously led The Money Map Report, Money Map's flagship newsletter, as Chief Investment Strategist, from 20007 to 2020. Keith holds a BS in management and finance from Skidmore College and an MS in international finance (with a focus on Japanese business science) from Chaminade University. He regularly travels the world in search of investment opportunities others don't yet see or understand.