> it’s more accessible than most realise
> I am only marginally wealthy, high 7/low 8 figures
We must have a very different definition of "accessibility"
> I am only marginally wealthy, high 7/low 8 figures
We must have a very different definition of "accessibility"
Let's say you make 100k a year in Berlin, you're already in the top 1% so "accessibility" is out of the equation at that point, that's 4.8k net. Let's say you manage to invest ~60% of your salary, that's about 3k a month, 36k a year. Now let's say you get 8% return per year (which you won't), you're barely above 500k after 10 years.
So yeah sure, if you're in the top 1% to begin with, and live on what basically amounts to your local minimum wage while investing everything else, you can get to 1 million after 15 years or so...
Ah, and don't forget the tax man, he'll take his 20-30% cut on your million.