Rule of 7 Investing: How To Build Wealth Over Time

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Tue, March 4, 2025

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Rule of 7 Investing: How To Build Wealth Over Time

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Rule of 7 Investing: How To Build Wealth Over Time

^{Published on 2025-03-04 19:21:16 - MSN}

Rule of 7 investing is all about patience. Hold investments for seven years and watch your wealth grow -- see why this strategy works!

The article from MSN Money discusses the "Rule of 7 Investing," a strategy aimed at building wealth over time through a simple yet effective approach. This rule suggests that by saving and investing a small percentage of your income, specifically 7%, consistently over your working life, you can achieve significant financial growth due to compound interest. The article explains how starting early can dramatically increase the benefits of this strategy, as the power of compounding allows even modest investments to grow substantially over decades. It also touches on the psychological aspect of saving, emphasizing the importance of discipline and the mindset of prioritizing future financial security over immediate gratification. Additionally, the piece provides practical advice on how to implement this rule, including setting up automatic savings plans and choosing investments that align with one's risk tolerance and financial goals.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/rule-of-7-investing-how-to-build-wealth-over-time/ar-AA1AeEkf ]

Contributing Sources

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Rule of 7 Investing: How To Build Wealth Over Time