I count with a initial capital of about 20 K US$
Good ideas will be very much appreciated.
2006-07-06 09:57:54 · 26 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
A young man asked an old rich man how he made his money. The old guy fingered his worsted wool vest and said, "Well, son, it was 1932. The depth of the Great Depression. I was down to my last nickel. I invested that nickel in an apple. I spent the entire day polishing the apple and, at the end of the day, I sold the apple for ten cents. The next morning, I invested those ten cents in two apples. I spent the entire day polishing them and sold them at 5 pm for 20 cents. I continued this system for a month, by the end of which I'd accumulated a fortune of $1.37. Then my wife's father died and left us two million dollars."
2006-07-06 10:01:16 · answer #1 · answered by Starling 3 · 3⤊ 0⤋
The best way to become rich is to start a business and work hard to make it succeed. You may also invest your money in a good solid stocks (do not invest in just one stock). Remember you are in this for the long haul, hold on to your stocks. Don't think that you will win by being a day trader.
2006-07-06 10:02:17 · answer #2 · answered by soar 3 · 0⤊ 0⤋
1learn about the stock market invest wisely
2invest
3make something that evry body wants
4 make money selling merchandice
5get acollege degree
6marry a rich women
7rob a bank
8get famous and rich
2006-07-06 10:07:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
1) Get a good job
2) Save
3) Invest WISELY. Don't buy individual stocks (don't put all your eggs in one basket), mutual funds are the way to go in a good economy. And don't fall for those penny stocks (anything below a $1); they are not as good a bargain as the $.50 candy bar at the store.
2006-07-06 10:12:02 · answer #4 · answered by mbtafan 3 · 0⤊ 0⤋
Put it in an investment return account of about 10% for 20 years. You'll be a millionaire. DON'T TOUCH IT!
2006-07-06 10:02:58 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Bust your a$$ at work- invest wisely in the stock market and be careful how much money you spend trying to get rich!
2006-07-06 10:01:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Read "Think & Grow Rich" by Napoleon Hill.
2006-07-06 10:00:02 · answer #7 · answered by 33 2 · 0⤊ 0⤋
Iam not tryn to be rude I think you should get a jod that gives you alot of money and sell stuff
2006-07-06 10:01:54 · answer #8 · answered by reeses 1 · 0⤊ 0⤋
go to school ^_^
real estate too
if you have that much money you can find a cheap house,fix it up then resell it
its alot of work but if you're successful it can be very rewarding
2006-07-06 09:59:35 · answer #9 · answered by Mj 4 · 0⤊ 0⤋
Invest.
2006-07-06 09:59:03 · answer #10 · answered by natester1188 2 · 0⤊ 0⤋