Ramit Sethi advises automatic investing to build wealth and reduce financial stress over time.

From Yahoo Finance: 2025-05-18 07:31:00

Ramit Sethi, author of “I Will Teach You To Be Rich,” emphasizes the value of automatic investing, suggesting putting away 10% of income. This strategy helps build wealth over time by living below your means and allowing your portfolio to compound without constant monitoring, reducing financial stress.

Sethi advocates for gradually increasing investment percentages annually, starting at 10%. By reviewing expenses and adjusting gradually, individuals can build a substantial nest egg for retirement. Investing in ETFs rather than individual stocks simplifies the process and saves time, focusing on long-term financial goals rather than outperforming the market.

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