Can one get rich solely by investing in index funds?

There are many examples of people retiring early from their index funds. But after a while, it still comes down to your personal preference.

Some people would want precious metals, bonds, properties, reits in their portfolio once they have reached a certain amount of money (their focus would shift from accumulating wealth to preserving them).

For me, I believe in the long-term returns that index funds will bring. So I'm doing that now. 🙂

Depending how much money is invested.

Short answer is no you cant get rich in the short term.

But you can get rich in the long term.

Its a slow game, 7% returns year over year is not much to be honest.

From what I studied , business and property is like the burning flame, Stock investing is just like the karousene , just to keep the fire burning.

I dont know if you understood my analagy.

My english not that good one lol.

But yeah, rich, of course business or properties or create a new source of income. Stock investing is just to beat inflation. Unless you are a day trader, potentially gain 100% within a month or so.​​​