how to become rich ?

Answer 1

rob a bank

Answer 2

If there were an easy way to become rich, everybody would be.

BUT, there is a way that apparently works quite well.

Start by entering the Trades, Carpenter is a good bet. It's high paying, and the skills you learn are applicable.

Then you start buying up older, rundown, or slightly damaged properties. Like a house that had a minor fire so it has smoke damage, or one of those houses with the peeling paint on the outside, etc etc.

Either you do it alone, or you get some equally skilled friends to do it with you, and you fix the place up.

For a few thousand dollars invested in renovations, the increased value of the house goes up much more.

So, for a few weeks or a month of work, you can walk away with ten to twenty thousand dollars more than when you started.

Which you then use to invest in a greater fixer-upper, which nets even more cash, which you then buy more with, etc etc.

10 years, give or take, down the road, you'll be fixing up $500,000 properties, after you started with $80,000.

Hard work? Yup
Takes a bit of time? Yup
Almost guaranteed payoff? Definitly. Even if the housing market goes down, it never changes so quickly that you'd lose your investment.

Just make sure you give the property a THOROUGH inspection before you purchase, don't want to end up losing money.

Answer 3

Here are a few ideas:

Marry someone who's already rich.

Win the lottery.

Hang around often with a rich family member and hope you get a huge chunk of inheritance.

Or you can always work hard and start a company and take it public.

Answer 4

everyone should consider themselves 'rich' ... each of us has something that we consider our own. that in itself is rich. but if you are thing money wise rich ... you should talk with a banker friend or investment agent and see where it would be best to invest your monies. do a lot of research before choosing someone .. interests rates, cd rates etc are all over the board. consider wisely and good luck!

Answer 5

Hi

Here is some wise counsel

a) Work hard

b) Be passionate about what you like to do most

c) And make sure you in a business which u really like to be in for the rest of your life.

How about starting a small one-man/girl show???

Kindest regards

Joe

[e-mail]

Answer 6

takes time.

learning a skill or earning a good college degree takes time.

letting businesses or real estate grow in equity takes time.

only the lottery and similar anomalies are fast.

remember your real legacy is the family and friends you leave behind. everything else is forgotten about the time the dirt hits the casket.

good luck

Answer 7

pick up every penny on the ground across the world. you will no doubt be rich then. there is an estimated 1 million dollars just lying on the ground. so get busy.

Answer 8

It's all about using your time productively, and having a strong drive to succeed at something you like. You don't need ivy league education, high IQ, or good looks.

Answer 9

Buy Low, Sell High

Answer 10

when ur mind is rich, u will become rich...money can spend finish but knowlegde in mind will forever follows you... make ur mind rich so that u can be rich=)

Answer 11

Work hard & spend alot less than you make.
Consider value when you purchase needed things. Als many wealthy people work for themselves not others.