Points for the first one who get's it.
2006-06-12 20:18:57 · 20 answers · asked by dre 2 in Social Science ➔ Economics
At night, in his dreams. There, everything is possible. But he could just be working where the money is made.
2006-06-12 20:22:02 · answer #1 · answered by Mana 5 · 0⤊ 0⤋
Yes, it is quite possible. If you are making $5.95 an hour and work 8 hours a day 5 days a week that equals $238.00 a week. If you save for three months straight you would have $2,856.00 just enough to do some swing trades in the stock market. After some smart swing trades, you will need to widen your portfolio by investing in some penny stocks, then more swing trades. After lets say 12 months, you should have more than enough to start day trading. Some smart day trading, and good swing trades you should have your first million in only 5 years(very conservative) All of this can be done and has been done. Your first swing trade could yeild a million in profits if you pick your stock right, and at the right time.
BUT the reality is THERE IS NO SUCH THING AS A SALARY OF $5.95 AN HOUR. THERE IS A WAGE OF $5.95 AN HOUR, BUT NOT SALARY. THERE COULD BE A SALARY OF $5.95 A YEAR.
Also the I just gave you a map to millions, and that map doesn't include all of the other business oppurtunities that come up along your way.
2006-06-12 20:41:46 · answer #2 · answered by vernonrtlff 1 · 0⤊ 0⤋
That is impossible to make 1 million dollars a day at $5.95 an hour there is only 24 hours a day and that would equal to $142.80 so you would never be able to make a million a day. Now can I have those 10 points
2006-06-12 20:26:23 · answer #3 · answered by Dee R. 3 · 0⤊ 0⤋
A man? Well, a woman did... she's J.K. Rowling. Well, if you can buy some ammonia, then with some sulfuric acid you can make strong nitric acid out of it. Then go and find some fat or soap and mix em with the nitric acid, you can make nitrogliceride. Make a lot of them but be careful, nitros will explode when exposed to direct sunlight or tremors. Then put it under the Empire State or Rockefeller Center or any skyscraper in your city and tell it to the govt, ask for a million dollars or more. That'll do. Yeah.
BEFORE YOU REPORT ME AMMONIA WON'T RESULT IN NITRIC ACID WHEN MIXED WITH H2SO4 INSTEAD IT'LL RESULT IN (NH4)2SO4
2006-06-12 23:38:42 · answer #4 · answered by the conspirator 2 · 0⤊ 0⤋
I assume you mean "wage" of $5.95 per hour.
He can either (a) work for a mint where his job is to produce currently; (b) he could be a typist and work in accounting, making 1 million "$" signs.
2006-06-13 05:34:30 · answer #5 · answered by Mike R 1 · 1⤊ 0⤋
The rest of his coompensation is tied up in Stock options and the like. Much like the Ceo's of google and yahoo who only recieve a salary of 1 dollar a year
2006-06-12 20:25:25 · answer #6 · answered by Gatlas 3 · 0⤊ 0⤋
Photocopier.
2006-06-12 20:23:51 · answer #7 · answered by Shawne & Lexi 4 · 0⤊ 0⤋
You can do a par time job, especially in Direct Selling! I have a friend that rewarded as a crown and now he doesn't work but he can earn much than that!!
2006-06-12 21:40:29 · answer #8 · answered by Ice Man 2 · 0⤊ 1⤋
times the amount by two every hour
2006-06-12 20:22:48 · answer #9 · answered by Anonymous · 0⤊ 0⤋
he cant, unless he invests in some magic stock and makes all the money that way
2006-06-12 20:23:47 · answer #10 · answered by LP 1 · 0⤊ 0⤋