2006-06-13 19:33:32 · 20 answers · asked by oprisancosmin 1 in Business & Finance ➔ Other - Business & Finance
Winning the Lottery
2006-06-13 19:35:31 · answer #1 · answered by Rod1979 2 · 1⤊ 0⤋
Spend time to learn the stock market. Go to some of the web sites where you can play with the bank they give you to get practice. Buy only top quality stocks, no penny stocks or 2nd or 3rd rate stuff. The more you learn, the better you become and the more money you can make. Pay yourself 10.00 a week out of your wages and invest it. If you do that and let it compound everyweek from the time you are 18 years old, you will be more than a millionaire by retirement. With a year or two practice and a lot of study on how it works under your belt you will be able to do well and retire early. This is where learning really pays off.
2006-06-13 21:45:06 · answer #2 · answered by tigerlily1 1 · 0⤊ 0⤋
I would recommend you start most profitable LEGITIMATE online business which is fully automated and will take only 9 minutes per week. So that once you accumulate good amount of money in your account you can think of some other thing. This homebased business is very much different from other business which requires lot of time,energy and money. This incredible system allows you to earn fortune without selling, advertising, prospecting, closing or answering questions. It works 24/ 7 and you can earn profit for each automatic sale, sitting in your home, enjoying life with family and friends or on vacation. . This system allows you to earn $3000 everyday.
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2006-06-14 12:19:19 · answer #3 · answered by heaven 3 · 0⤊ 0⤋
The only true method to wealth is to make more than you spend, then use the difference to build capital. The fastest and safest way to do this is to delay consumption and make your money work for you rather than the other way around. Make a plan that involves the following steps and you can't go wrong.
The first step is to realize that taking on debt is rarely, if ever, warrented. Debt reduces your true worth. Even taking on debt to try to build wealth, i.e. leveraging, is by definition risky. It's hard to resist the temptation to buy a new car, a bigger house, a new computer, etc. with credit. You will not get rich by using credit cards. Thus, the first step is to have no debt.
The second step is to make more than you spend.
The third step is to put your extra money to work for you by investing it for the long term. Index mutual funds and exchange traded funds are great ways to do this. Soon the eigth wonder of the world, compounding interest, will work its magic and your money will be making you money. Continue to do this for a number of years and you will slowly, but steadily, have enough money working for you that you don't have to work anymore.
Finally, you must protect your wealth by managing risk. This includes long term disability insurance, liability insurance and tax management.
One who is disciplined in following this approach is virtually guaranteed to become wealthy.
2006-06-13 19:48:47 · answer #4 · answered by UseUrHeadFred 2 · 0⤊ 0⤋
Real estate. You can add value fairly simply, you've got a long-term asset working for you, the banks understand it enough to get you very good leverage (much better than any other kind of business), and you've got a whole industry of professionals geared to making you successful (rather than competing with you as in many other industries).
I'd first recommend The Real Estate Game by some Harvard professor. I've read a WHOLE LOT of real estate books, as well as whole libraries on business, and I'd recommend this one first.
To really get your juices going generally, though, read Atlas Shrugged by Ayn Rand. You'll gain a MUCH more deliberate and clear vision of the value you can add as a professional and you'll migrate to that area of your life where you can do the greatest amount of good.
Once you've decided on this niche (and probably not before), read the Effective Executive by Peter F. Drucker. There's also a new leather-bound journal in bookstores that works as a workbook for that book. Take that one seriously to build a clear foundation for yourself.
Best of Luck!
2006-06-13 19:41:19 · answer #5 · answered by Geni100 3 · 0⤊ 0⤋
Real Estate
2006-06-13 19:36:45 · answer #6 · answered by mx3baby 6 · 0⤊ 0⤋
work fast has u can and do lot of jobs it will make u rich but dont go for any casino or trading or lottery that kind of jobs will make faster poor
2006-06-13 19:36:28 · answer #7 · answered by vijay 4 · 0⤊ 0⤋
even me wish to know about that, but for me, no method and its not easy as fast as u want... unless natural born rich guy,???
persevirance, hard working, honest and socialy responsible
2006-06-13 19:39:48 · answer #8 · answered by Armye 1 · 0⤊ 0⤋
teach english in the middle east
2006-06-13 19:36:46 · answer #9 · answered by Anonymous · 0⤊ 0⤋
If I knew I wouldn't be sitting here on yahoo answers.
2006-06-13 19:36:18 · answer #10 · answered by Anonymous · 0⤊ 0⤋