The Bicycle and the Million-Dollar Asset
The Bicycle and the Million-Dollar Asset
In 2008, Minh – a poor student in Saigon – rode his old bicycle to school every day, ate street food, and worked late at night to earn money to support himself. One day, he accidentally heard his teacher say:
> "The rich do not save – they invest to make money work for them."
That statement changed Minh's mindset.
From the first 500,000 dong he saved, Minh began to invest in stocks of a newly listed technology company. Each month, he allocated 20% of his income to buy more – even if it was just a few odd shares.
There were times when the market plummeted, and everyone panicked, but Minh persevered with his regular investment strategy, remaining steadfast. After 10 years, the company he invested in grew strongly, paid dividends consistently, and the stock price increased nearly 30 times.
In 2018, when he turned 30, Minh had assets of over 3 billion dong – from small amounts that started with… an old bicycle.
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Lesson:
You don't need to be rich to invest. But investing the right way can make you rich – as long as you start early enough and are patient enough.
The stock mentioned above is FPT