> wages - however high - are not a path to wealth and security.
High wages provide the discretionary income required to invest though. So I'd say, they're not the goal, but if the word path is to be used, I'd say they are part of the path. As far as owning things...investments specifically (not two motorcycles and a hummer), the usual advice is a well balanced portfolio. Could be equities, maybe some real estate, maybe even some crypto, all at different ratios depending on your risk profile.
My concern is that we are in a unique time period where all of that is coming to an end and there will be no wealth appreciation even for disciplined investors.
High wages provide the discretionary income required to invest though. So I'd say, they're not the goal, but if the word path is to be used, I'd say they are part of the path. As far as owning things...investments specifically (not two motorcycles and a hummer), the usual advice is a well balanced portfolio. Could be equities, maybe some real estate, maybe even some crypto, all at different ratios depending on your risk profile.
My concern is that we are in a unique time period where all of that is coming to an end and there will be no wealth appreciation even for disciplined investors.