How do the top 1% of Americans invest their money, and how do your investments compare? We’re breaking down the data, showing **what the wealthiest Americans are invested in and how to copy their 1% portfolio **so you can invest like the ultra-wealthy. To be in the top 1% of Americans, you must have at least eight figures. And while that’s a Fat FIRE) number, most of us don’t need tens of millions to retire early. But copying some of the tactics of the top 1% could get you there faster.
One thing slingshots average Americans to the top 1%, and even the top 0.1%, but you don’t have to bank on this huge bet to get there. Surprisingly, the top 1% invests in assets that YOU already have access to, not elite-only investment opportunities or massive business deals. They’re invested in FAR more passive assets than you’d think, so **you don’t HAVE to build a **real estate portfolio) to get there.
What gives you the **best chance of hitting the top 1% **in wealth? Maybe you don’t want to go that far—how do you get to the top 10%? Scott and Mindy share a few strategies that could **skyrocket your **net worth) into the tens of millions—if you’re willing to do the work. Plus, they reveal where to park your money once you reach the top.
In This Episode We Cover
The average net worth)** of the 1% and the 0.1% **in America (less than you’d think)
How the 1% invest their money and why **they AREN’T heavily invested in real estate **
The best investment for the chance of breaking into the top 1%
The “middle-class trap)” that the 1% escape, but the upper-middle-class can’t
How the top 1% invest now compared to pre-pandemic and pre-2008
And **So **Much More!
Links from the Show
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(00:00) Intro
(01:12) Top 1% Net Worth
(08:49) The Top 1% Portfolio
(16:05) How Their Investments Evolve
(17:40) Cheat Code to 1% Status?
(21:12) Average American vs. 1% Investments
(29:46) Best Investment to Become 1%?
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