There’s no hidden secret or proven formula or getting rich overnight. Investing is more about a slow, steady way to build wealth.

Can you get rich investing? video image
Video transcript

Now we've all seen the pop up banner which promises instant riches. If you invest now. Well sadly there's no proven formula or hidden secret to becoming massively wealthy overnight. Investing is not about getting rich quickly. It's a slow steady and consistent way to build wealth.

With even a modest average yearly gain your initial investment could double in 10 years. The good news is that you can set it up to work away without much oversight. Investing can also be much simpler than most people think. The key is to allow time to make up for the ups and downs of the stock market. Be selective about what you buy.

Rarely sell anything and focus on real companies selling real products or services for real cash rather than pipe dreams that promise instant riches. Historically that's a recipe that has produced more success than almost any other behavioral pattern.

Stock trading and market timing that is attempting to predict whether stock prices will be higher or lower in the future may make for an interesting ride. But it isn't whether real sustainable money is made.

If you want to learn more about investing sign up to our newsletter and subscribe to our YouTube channel.

Frequently Asked Questions videos 29

1:47

When should you start investing?

  The general rule with investing is the sooner you start on the longer you leave it, the better. But […]

1:59

What’s the difference between a fund manager, a wealth manager and a stockbroker?

You might be wondering what the roles of a fund manager, a wealth manager and a stockbroker are. Here are […]

1:50

What is ETF investing?

An exchange traded fund, often shortened to ETF, is a product with no active human investment oversight. It operates by […]

2:43

What is Alpha vs Beta investing?

In finance alpha and beta are the two most commonly used measurements to gauge how successfully a portfolio manager performs […]

1:48

What is an investment plan?

Your investment plan should outline what you’re planning to use the money for, how long you’re willing to leave it […]

1:35

What are investment bonds?

An investment bond gives you the potential for medium to long term growth on your money, so over five to […]

1:54

Should you invest before a recession?

The UK has had eight major recessions since the 1940s. Luckily there are strategies available to limit portfolio losses and […]

1:35

Should I invest or pay off my mortgage?

If you’re prepared to invest over a longer period, say five years, in investments that provide equity based returns then […]

2:14

What’s the difference between saving and investing?

With interest rates low and the cost of living going up the real value of your savings is actually going […]

1:22

Can I invest without risk?

Investing without risk is something we would all do if the option were available but risk is inherent in all […]

1:27

Can I invest without a financial advisor?

If you’re looking to invest or plan for the longer term whether or not you need financial advice will depend […]

2:07

How can I invest and retire early?

Retirement is a great use case for investing. Generally your investment goals should have you investing with a long term […]

1:24

How do I invest to buy a house?

Investing in a fund or an investment trust is best reserved for those whose timeline to buy a home is […]

1:47

How do I invest to beat inflation?

Keeping your money in a savings account means it’s at low risk but if interest rates are low and the […]

1:38

How do I invest in the UK?

The investment landscape in the UK is quite similar to the rest of the world. You can invest in individual […]

1:25

How to invest in stocks?

Investing in stocks is one approach to investing and it’s where you buy shares in a particular company or institution. […]

1:25

How do I invest in bonds?

There are a number of key considerations when assessing a bond: time, interest rate, the issuer and the economic environment. […]

1:25

How do I invest for my children?

With time on your side you should definitely consider investing which will help to grow the money you put in […]

1:13

How do I invest for income?

Good income investing is putting together a collection of assets like shares in companies, bonds and real estate that generate […]

1:21

How do I invest for growth?

Growth investing is highly attractive to many investors because buying shares in emerging companies can provide large returns if the […]

1:31

Investing for beginners

For some people investing is about generating an additional income for now through dividend payouts. For others it’s about planning […]

1:26

How do I start investing?

The key to building wealth is developing good habits like regularly putting money away every month and leaving it there […]

1:39

How much do you need to invest?

Once you are in a position to confidently invest you can put in as little or as much as you’re […]

1:51

How investing in crypto-currency works?

Crypto currencies like the famed and decried Bitcoin are a relatively new concept. With advancements in technology retailers and businesses […]

1:41

How does investing make you money?

There are two different ways to make money from investing: growing the value of your money, or getting an investment […]

0:47

Can you invest without fees?

The short answer is no! This video explains all the fees you need to be aware of when investing.

01:09

Can investing be a hobby?

What makes investing a hobby and what should a good investor be thinking about?

01:58

Calculating your investments

An investment calculator can help you figure out how to meet your goals.

02:21

Are millennials investing?

Apparently, millennials are generally doing a great job of stashing away money for their future.