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3 Savvy Investment Strategies Used by the Wealthy

The Motley Fool

According to a recent wealth report from the real estate consultancy company Knight Frank , 32% of high-net-worth individuals' (worth $1 million or more) wealth is allocated to their primary and secondary homes. Investing in stocks can be a great way to build wealth, thanks to the power of compounding interest.

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Growth in Financials: This Stock Can Double by 2030

The Motley Fool

While that's higher than the average stock market return , many companies can deliver returns at or above that level. Brookfield Asset Management (NYSE: BAM) is a likely candidate. In 2018, it planned to double its fee-bearing capital by 2023. Instead, it more than tripled it.