Is it almost impossible for salary earners to build wealth in Australia?

… building wealth that can provide financial independence in the future is achievable. But it’s not is quick, it takes time to save over months and years and invest into the right asset class. They can grow at a rate above that of inflation for me that is investing into businesses. Once you’ve owned some high-quality businesses over a long period of time and there may be some capital gains you do not have to sell these assets and trigger a capital gain and pay anything to the government if you choose not to. If you do sell something and trigger a Capital gain the top marginal tax rate is 47% which kicks in when your income including capital gains goes above $190,000. General advice only. #financialadvice #sharemarket #investing #wealth #superannuation