The below picture clearly shows in which quadrants we should be in order to create wealth. Most people who are millionaires have become so by staying in the quadrant where they are invested in stocks and real estate. Gold and Silver are usually seen as an instrument to keep one above inflation and hence its a preserver of wealth.
One has to further identify in one's spending habits those expenditures that are taking money away.
The concept has been adopted from Mr. Sanjay Mathai's book where he explains that income will stop one day, but wealth creation goes on, provided one is consciously working on the above quadrants. The earlier you get in, into quadrant one and two with green signals, the larger will the wealth be, that you create.
One has to further identify in one's spending habits those expenditures that are taking money away.
The concept has been adopted from Mr. Sanjay Mathai's book where he explains that income will stop one day, but wealth creation goes on, provided one is consciously working on the above quadrants. The earlier you get in, into quadrant one and two with green signals, the larger will the wealth be, that you create.