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3 Secret Ways The Top 1% Grow Their Wealth

8 min readAug 16, 2023

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The top 1% know these 3 ways to grow their wealth

There are many avenues in which the top 1% continue to build and protect their wealth. They invest, take advantage of tax loop holes and also find other wealth advantaged financial vehicles in which to grow their investments.

But did you know that there are 3 particular things that high earners utilize within their regular corporate compensation — that help them become even richer?

These are tactics that C-suite executives and managing directors in top consulting firms employ on a regular basis to ensure than the compensation from their high paying jobs compound into even greater wealth.

Curious to know what these are? That’s what we’ll get into, in this article.

Daniel’s Brew

Welcome to Daniel’s Brew — where I cover personal finance, investing, and career development topics.

Mega Backdoor Roth

The first of these 3 tactics — is called A Mega Backdoor Roth.

But in order to understand how this works, we need to first make sure we’re grounded on how 401ks and Roth IRAs…

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Money Clip
Money Clip

Published in Money Clip

Stories that simplify the world of finance

Daniel's Brew
Daniel's Brew

Written by Daniel's Brew

✍️ Politics, Culture, Society 🎤 Host of the Daniel’s Brew Podcast. https://linktr.ee/danielsbrew

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