Investing for wealth requires a serious paradigm shift amongst those who are not full-time investing professionals. It requires a change in portfolio management, an understanding of risk and an appreciation of the importance of following through on great investments.

Unless you are a full-time investor or otherwise possess a keen sense for investments, it is likely that you follow the general, solid investment advice of:

• Diversify your investments
  
  
• Invest for the long term

One cannot fault that advice, for it takes care of the two big issues with investing:

1. Risk - which is reduced by diversifying your investments, and
   
   
2. Time for serious growth - which the long term horizon provides
   

However, these techniques will not lead you to the promised land of wealth and riches unless you plan to stick to a strict regimen of saving and investment discipline for 30+ years. The serious wealth builders know that to become rich, you must bet big.

But betting big can seriously increase your portfolio risk - or does it not? This article takes the conventional wisdom and re-designs it to suit the needs of career professionals and other individuals who do not have tons of time to devote to investing - but would like to invest for serious wealth.

It covers:

• The advantages of betting big, and why you must do so
  
  
• Portfolio management for gaining serious wealth
  
  
• Sources for great investment ideas

This is a seminal article that must be read by every person seeking financial freedom in under a decade.