Secrets of the World's Wealthiest People

Secrets of the World's Wealthiest People: "1. Start young.
With few exceptions, the world's wealthiest people got a very early start in their careers. Warren Buffett was buying stocks at age 11, and John Rockefeller got a taste of business as an accountant when he was a teenager. It's rare to find rich people who started late in life.

When paving your own path to riches, remember that the difference in returns between younger and older savers is mind-boggling. Suppose two people start saving $3,000 a year for retirement -- one at age 20, the other at 40. Earning a hypothetical 8% annually, the 20-year-old will have amassed a comfortable $2 million by age 70. The one who started at 40, alas, will have less than $400,000. Ramen noodles, anyone?

2. Define your goals.
The world's wealthiest people knew exactly what they wanted. Gates starte"