(March 27, 2019) You Can’t Get Rich Slow

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One of Del Walmsley’s top three rules of investing is “you can’t get rich slow.” This rule formed the backbone of his direct response to losing most of his net worth on Black Monday: using real estate to retire in 2.5 years. There he learned what the rich already knew, you cannot effectively retire with a protracted 20, 30 or 40 year time frame. Today, Michael Soulek gives an insightful look behind this rule of Del’s and into the mindset of the wealthy who Del sought to emulate.

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