Getting Rich vs. Growing Rich in Investments

Reliable wealth grows like an oak tree…slowly.

King Solomon once noted that there is really nothing new under the sun. Others have opined that the more things change, the more they stay the same. Acquiring wealth is no exception.

Getting Rich Quickly?

People have been trying to “get rich quick” since the dawn of time, and the vast majority have been wiped out, physically or financially, as a result. In antiquity, defeating your enemies in battle and plundering them was a great path to violent death for most, but great riches for a few.

In later times, the Dutch economy foundered under the frenzy known as Tulipmania (1636-7), British investors went broke in the aftermath of the South Sea Bubble (1719-1721), and the French lost heavily investing in the Mississippi Company (1719).

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