German billionaire and start-up investor Carsten Maschmeyer explains in an interview with “Krone” how you can build wealth even as a normal earner: According to him, there is exactly one right method that works for everyone. He also analyses why he is increasingly investing in Austrian young companies.
Concretely, there are ten simple tips that you need to become rich. Maschmeyer analyses how much you need to save per month and how you can best invest the saved amounts. The aim of his method is to eliminate emotions from investing. In this way, the capital can be increased to a much greater extent without major worries than would ever be possible with a savings account or a building savings contract.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.