How to position yourself as a millionaire – 5 amazing stories: This is the most important lesson

Content related to prosperity is now of considerable interest to readers.

In recent weeks, Kauppalehti’s stock exchange editorial team has published a series of articles “5 paths to becoming a millionaire.” In the series, five Finns who have become prosperous through investing tell how they succeeded.

News manager of stock exchange editorial Lauri Sihvonen told about the background of the series on Talousaaamu’s broadcast on Thursday.

“The value of real estate has started to decline, unemployment is rising and the general mood of the national economy is a bit weak. At the same time, there has been a strong rise in the Helsinki stock exchange. Many have probably started to think about when pensions will be cut and they should start preparing. Finns also still have this kind of millionaire dream.”

In the series, he tells the story of his portfolio, among other things Kimmo Matikainenwhom many know as a former broker.

“Here it was really interesting that a hard investment professional tells us that he is the kind of momentum investor who goes along with the upswings. It suddenly sounds like a rather unintellectual way to invest.”

Sihvonen reminds us that in Matikainen’s case it is a top class professional with a strong intuition and understanding of what he is doing.

“If you start repeating the same thing yourself, it could be that the matter will immediately go to waste.”

In all five interviews, first of all, courage and trust in one’s own vision are emphasized.

“I think the most important lesson of the series was definitely a certain discipline. You have to really believe in what you’re doing and stick to it. If you suddenly change your lifestyle and start doing luxury travel and buy boats, that million dollar goal will probably slip away pretty quickly.”

The interviewed investors had also used debt leverage.

“In studies dealing with the dreams of Finns, the fact that people want to pay off their debt comes out strongly. But all these investors want to leverage debt money. It is precisely related to that courage.”

The economic morning was also discussed on Thursday Nvidia’s about the wild earnings report and the housing market’s urgency. Watch the full broadcast below.